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Monad Terrace in Miami Beach Nears Sellout

With the sale of the last remaining penthouse at Monad Terrace on Miami Beach, 80% of the residences at the luxurious residential property have been purchased, JDS Development Group announced, a real estate development, construction and acquisition firm.

The building’s master penthouse, PH-A, sold for $11.8 million. The property includes 59 lavish bayfront residences offering two to five bedrooms ranging from 1,453 to 5,350 square feet of interior space.

The property provides fantastic views of Biscayne Bay, Downtown Miami and South Beach. It is move-in ready with the interior and landscaping designed as part of a collaborative effort by Pritzker Prize-winning architect Ateliers Jean Nouvel and Miami-based Kobi Karp Architecture and Interior Design, Inc.

The last remaining residences at 1300 Monad Terrace in Miami Beach are priced from $3 million. According to Zillow, the average home value in Miami Beach is $384,688, which is a 5.5% increase over the last year.

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Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.