Glass/120 Ocean Condos

 

 

 

A new 18-story luxury condominium called Glass, slated for the sizzling South of Fifth neighborhood of Miami Beach, will boast just 10 units with 360-degree views and wide outdoor terraces. Miami-based Terra Group tapped Rene Gonzalez, a highly regarded Miami architect, for the project at 120 Ocean Dr. The oceanfront high-rise will feature floor-to-ceiling glass walls and aim at integrating the indoors and outdoors to highlight the natural beach surroundings and convey a sense of place. "It's really a unique design,'' said Terra Group president and chief operating officer David Martin, who could have put three times as many units on the site. "It's something I don't think I'll be able to do again.''Glass will have all the amenities of a high-end condominium, with unit prices averaging $8 million to $9 million and a three-story penthouse with a $35 million price tag. Prices will average about $2,500 per square foot, said Martin. Martin said the project, which is slated to break ground in August with a target completion date of late 2014 or early 2015, will have "an estate manager'' to meet residents' needs, as well as valet, housekeeping and maid services, beach service, a gym and 24-hour security.