Valerio Morabito and Ugo Colombo. (Getty, CMC Group/Morabito Properties)
Ugo Colombo and Valerio Morabito are the latest South Florida developers to pull the trigger and launch sales of a new condo project, The Real Deal has learned.
CMC Group and Morabito Properties tapped Fortune International Group to begin sales of Onda, a planned 41-unit, eight-story development at 1135 103rd Street in Bay Harbor Islands, Morabito told TRD. Construction could begin in the fall and the building could be delivered in 2023.
(Tecma Solutions SpA)
Prices will range from about $1.6 million to more than $8 million for the penthouse. The building, designed by Bernardo Fort-Brescia of Arquitectonica, will have more than 300 feet of bay frontage and a private marina with 16 slips.