The limited edition living in Faena House by acclaimed fashion entrepreneur-turned-developer Alan F

NORTH MIAMI BEACH, Fla. - Feb. 27, 2014 - PRLog -- Faena House is an exclusive 18-story oceanfront luxury condominium situated on the waterfront at 3201 Collins Avenue, Miami Beach.  It has been envisioned by the Argentinian developer Alan Faena, with the support of billionaire Len Blavatnik (http://www.forbes.com/profile/len-blavatnik/), to develop a new urban environment and to help to revolutionize the Miami beachfront. The design of Faena House will be performed by worldwide renowned architects Foster + Partners to resemble "a towering ship at sea".

Faena House offers 1 to 5 bedrooms of fully finished residences with ultimate style and flawlessly detailed interiors. Each of  the 47 homes  feature a magnificent outdoor living terrace “Alero”, as they are known in Argentina, functioning like hallways to connect the rooms from the outside, dissolving  the boundary between inside and outside. Prices start from $5 million to $50 million for the 18,253 square feet penthouse with a private rooftop pool.

The deposit payment structure for Faena House is as follows:

-         10% at Reservation

-         10% at Contract

-         15% at Purchaser floor/slab

-         15% at Top off

-         50% at Closing

Alan Faena announced that 50 % of the units are under contract after breaking ground in January 2014. Estimated completion date is Fall 2014.

Faena House is the first element of Faena District Miami Beach which is destined to become a new paradigm of the state-of-the-art living. Faena District will eventually build out 32nd and 35th streets between Indian Creek and the ocean with an arts center, a luxury hotel, an "architecturally important" parking complex, a marina, and luxury retail space.

To get further information on investment opportunities at Faena House contact Amity Realty professionals at 786-220-2512 or by email: info@amityrealtyusa.com.

About Amity Realty: Amity Realty is an international network of real estate professionals in US and Europe with extensive experience in delivering unparalleled real estate service to a discerning clientele. Amity Realty in Sunny Isles Beach consists of passionate team of real estate professionals specializing in luxury waterfront residential and commercial properties in South Florida. For more information or to inquire about properties visit Amity Realty online at www.amityrealtyusa.com .