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Artecity

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Neighborhood: South Beach

Year Built: 2007

# Units: 190

# Floors: 6

# Parking Levels: 1 subterranean

ROSS100 Condo Index Ranking +

48

out of 100

COST RATING: +

2.13 out of 5

LIFESTYLE RATING: +

3.33 out of 5

Ross’s Comments – What you Need to Know about Artecity

A mixed development consisting of several new and recently renovated buildings with a total of 190 units centered around the pool area, including villas, flats, townhouses and studio units.

All top floor (5th or 6th floor) units in Artepark South and Artepark North have private rooftops with jacuzzis, but only six units offer direct east views of the ocean.

Although two blocks from the beach, Artecity provides a private beach area and beach service to residents and guests.

High ceilings, modern bathrooms with open kitchens integrated into the living space.

BUILDING QUALITY +

MANAGEMENT +

LOCATION +

RENT FRIENDLY +

ACCESSIBILITY +

FINANCING +

DESIGN & EFFICIENCY +

AMENITIES +

WALKABILITY +

PET FRIENDLY +

PARKING +

SECURITY +

RECENT PRICE/SQ FT $654

RECENT PRICE/M² $7,040   

MAINTENANCE COST/SQ FT < 0.75 

2 BEDROOM PRICE RANGE (2014-2015) $627,000 – $1,575,000

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UNIT SIZES  556 – 1,937 sq. ft (52 – 180 m²)

UNIT TYPES  1, 2 and 3 bedrooms

# OF UNITS  190

# OF FLOORS  6

# OF PARKING LEVELS 1 subterranean

ARCHITECT  Arquitectonica

DEVELOPER  Starwood Capital

PET POLICY  Pets are allowed, subject to restrictions. 

Two resort-style pools

Outdoor jacuzzi

Fountain garden

Reading garden

Valet parking

Indoor covered parking garage

Fitness/spa facility

Lounge/news cafe

Beach services

SOUTH BEACH

South Beach, also known as SoBe, is a neighborhood within the city of Miami Beach. It is the area south of Indian Creek and encompasses roughly the southernmost 23 blocks of the main barrier island that separates the Atlantic Ocean and Biscayne Bay. This area was the first section of Miami Beach to be developed, starting in the 1910′s, due to the development efforts of Carl G. Fisher, the Lummus Brothers, and John S. Collins.

During the 1960′s, South Beach became even more famous when Jackie Gleason brought his weekly variety series, The Jackie Gleason Show to the area. Beginning in the late 1970′s and continuing through the 1980′s, South Beach was used as a retirement community with most of its ocean-front hotels and apartment buildings filled with elderly people living on small, fixed incomes. This period also saw the introduction of the “cocaine cowboys,” drug dealers who used the area as a base for their illicit drug activities. The movie “Scarface“, released in 1983, typifies this activity. In addition, the television show Miami Vice used South Beach as a backdrop for much of its filming because of the area’s raw and unique visual beauty.

The area has gone through numerous artificial and natural changes over the years, including a booming regional economy, increased tourism, and the 1926 hurricane, which destroyed much of the area. The South Beach section of Miami Beach is a major entertainment destination with hundreds of nightclubs, restaurants, boutiques and hotels. The area is popular with both American and international tourists, with many having permanent or second homes.

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