Ugo Colombo completes Vita at Grove Isle condo project after years of legal fights
Ugo Colombo’s firm brought Vita at Grove Isle to life, despite a decade of nearby property owners raising hell over the seven-story ultra-luxury condo building in Miami’s Biscayne Bay. CMC Group delivered the 65-unit project recently with 85 percent of units presold, according to a news release. Ten units are left for sale, ranging from $6.5 million to a penthouse asking $22 million. Cervera Real Estate is leading sales and marketing of the project. A CMC affiliate secured $239 million in financing from Bank OZK two years ago. The completion is a clincher in a 10-year legal battle that’s still […]This article originally appeared on The Real Deal. Click here to read the full story.
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