Buy&Hold (Commercial Mixed Use): (821 Units) Panorama Tower, Miami, FL 33131 + $1.4B
- Promise Land Realty
- Sep 18, 2024
- 3 min read
Updated: 5 days ago
Commercial Investment Opportunity
Price
$1.4B
Off-Market Opportunity: Panorama Tower – Miami, FL
1100 Brickell Bay Drive, Miami, FL 33131
Purchase Price: $1,400,000,000
2% Consultant Fee Included (Paid by Buyer)
$50,000 Non-Refundable Access Fee Required (details below)
Asset Overview
Presenting Panorama Tower, the tallest residential building on the East Coast south of Manhattan — a premier Class A+ mixed-use skyscraper in the heart of Brickell, Miami’s financial district. Completed in 2018, this 85-story, 868-foot tower represents the pinnacle of high-rise design, luxury, and scale in the Southeastern U.S.
Originally developed by Tibor Hollo, founder of Florida East Coast Realty and one of the most respected real estate figures in Miami’s history, the tower is now being sold by his heirs following his recent passing. We are direct to the new ownership group, consisting of Mr. Hollo’s sons, who are divesting select legacy assets as part of succession planning.
Property Breakdown
821 luxury residential units (average unit size: 1,381 SF)
Hyatt Centric Hotel located on the lower floors
Separate, fully leased Class A office building
2,000 structured parking spaces over 19 floors
Full suite of high-end amenities, including:
Spa and wellness center
Resort-style pool and sun deck
Full-service fitness center
Pet spa, business center, and children’s playroom
On-site retail and dining
Demand & Occupancy
Fully stabilized with a waiting list of over 800 prospective residents
Average residential rents of $4,645 per month, with ranges of $3.36–$4.21 per square foot
Exceptionally high occupancy rates and tenant retention
Long-term rental growth potential given Brickell’s continued demand surge
Market Position & Comparables
Comparable high-rise properties such as Solitair Brickell and ParkLine Miami support the current market value and strong upside potential. Panorama Tower, however, stands unmatched in scale, luxury, and architectural prominence in the Brickell corridor.
Ownership Intent & Sale Motivation
Following the passing of developer Tibor Hollo, the Hollo family is now repositioning their $35B+ real estate portfolio. This asset, the crown jewel of that portfolio, is being offered quietly and selectively as part of estate rebalancing. This is a rare, once-in-a-generation opportunity to acquire one of the most prominent and stabilized trophy assets in the Southeast.
Access Protocol (Required to Engage Ownership)
To maintain integrity and confidentiality around this opportunity, all interested buyer groups must comply with the following:
Sign a Non-Circumvent, Non-Disclosure & Fee Agreement (NCNDA)
Submit a $50,000 non-refundable exclusive access fee to Sarter Capital via wire or secure electronic payment
Agree to a 2% consultant/success fee, payable upon successful closing to Sarter Capital and its affiliates
Provide a Credibility Package, including:
Executed Letter of Intent (LOI)
Verifiable Proof of Funds (POF)
Current Schedule of Real Estate Owned (SREO)
Upon completion, a direct email introduction will be made to the sellers along with full contact details (email and phone). Site visits, financial documentation, and formal discussions will proceed thereafter.
Submit All Inquiries & Offers To:
TEAM PROMISELAND DISCLAIMERThis opportunity is being offered under TEAM PROMISELAND’s protected JV structure. Unauthorized distribution, solicitation, or circumvention is strictly prohibited and will result in a $500 fine per occurrence and legal enforcement. Only verified JV affiliates may share this opportunity with written permission.
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
OFFICIAL PROMISELAND LENDING PARTNER
100% Financing for Rehab Projects
Powered by Residential Capital Partners
ResCap is a direct private lender offering zero-money-down loan options for 1-4 unit residential investment flips & rentals across the U.S.
🔹 100% Financing – Covers purchase + rehab
🔹 Fast Closings – ~10 days
🔹 Credit Requirements – 620+ FICO (Rehab), 660+ FICO (DSCR)
🔹 Loan Size – $75K–$1.25M
🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien
🔹 Serviced In-House | Virtual Inspections | No Owner-Occ or Rural Props
Nationwide Coverage (Excludes: AK, AZ, NV, PA)
Proof of Funds Available
This listing is proudly sponsored by Residential Capital Partners – trusted lending for the nation’s best flippers.
For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509
Permission to Market Promiseland Deals
1,000+ Vetted Cash Buyers to move your deals faster
Personalized Support from the Promiseland team
Start playing to win. Join TEAM PROMISELAND PLAYMAKER today.
Exclusive Connections to Funding Sources
Equity Opportunities
Direct Access to REO Asset Managers
Apply now and scale with TEAM PROMISELAND
The #1 Source for Off Market Real Estate.
PROMISE LAND REALTY LLC
Work: 864-762-2509
Yorumlar