Midtown Miami Launches Sales of 300+ Condos in 4 Midtown

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Owner Gold Krown Financial Brings Last of Condo Boom Units to Market to Meet Demand, Announces Luxury Renovations to 4 Midtown Common Areas

With demand at its highest to purchase a condo in Midtown Miami, Gold Krown Financial, owner of more than 475 residences within the 56-acre lifestyle neighborhood, announced today the launch of sales of 304 units in 4 Midtown. The commencement of sales follows on the heels of 2 Midtown’s success, with the majority of its residential units sold within five months.

Introducing a new, luxurious feel to 4 Midtown, the common areas will get a facelift to appeal to the discerning buyer looking for a sophisticated ambience. To be designed by the dynamic duo of Shannon Scott and Raymond Jimenez of RS3 Innovative Architectural Design, renovations are set to begin in within the next 60 days to the lobby, the expansive rooftop pool deck and fitness center overlooking the pool. RS3 is also behind the upgrades currently in progress at Ocean Drive Magazine’s headquarters in Miami Beach.

New common area features include a redesigned lobby interior complete with hubs for socializing, creating comfortable enclosed areas adorned with teak woodwork, a blend of modernand transitional furniture and warm tones with pops of color that add a playful flair to the inviting rooms. Updates to the pool incorporate LED lighting effects in the water and within the metal architectural structure at the edge of the deck that will be seen from Biscayne Bay and the surrounding area. New lounge chairs and fresh landscaping will also add an extra touch of luxury to the pool.

Offering buyers a metropolitan experience with residences over retail, 4 Midtown’s units are well appointed with Italian kitchens, custom cabinetry and stone countertops, high-end energy-efficient appliance packages, and master baths equipped with ceramic flooring and modern fixtures. The upscale residences also provide floor-to-ceiling impact resistant windows, spacious walk-in closets and generous private terraces.

Units range from 638 square feet to 1,842 square feet, with penthouses up to 3,557 square feet, and are priced from $231,900 to $2,367,900. Fortune International continues to serve as the exclusive firm to lead the sales and marketing efforts.

“The momentum generated from the sales success at 2 Midtown has created the perfect platform to dramatically expand the number of condos available to buyers, who see the ongoing growth potential and long-term value in this area,” said Ron Krongold, managing partner of Gold Krown Financial. “The time is ripe to market the last selection of condos in Midtown.”

In a neighborhood infused with art and culture, 4 Midtown was artfully designed by Nichols, Brosch, Wurst, Wolfe & Associates and completed in late 2007. The 398-unit, mixed-use tower soars 32 stories and offers a diverse architectural palette of 42 varying floor plans in studios, one-bedroom, two- bedroom, live/work and loft-style units and penthouses. Residents have access to a gym, hot tub, sauna, and steam room, valet, 24-hour security, concierge, private storage facilities, garage parking and ground-level retail with restaurants that offer regular food delivery,

“It is advantageous for buyers to purchase in Midtown due to its attractive pricing, spacious units and all the amenities offered,” said Edgardo Defortuna, president and CEO of Fortune International. “The neighborhood continues to evolve and grow, bringing tremendous value to living in the area.”

“The renovations to the common areas will add an upscale touch to living at Midtown and will transform the tower into a social gathering place that is sleek and contemporary in design,” added Sam Beznos, principal of Beztak Companies, a partner in Gold Krown Financial.

Midtown Miami’s amenities enhance the vibrant destination, with a wide selection of nearly 60 boutiques, retail stores, art galleries and popular restaurants and casual eateries. Outdoor spaces, an art park, sculptures and art installations, and meandering sidewalks make this pet-friendly environment a true neighborhood to call home. Centrally located near downtown andadjacent to the Wynwood and Design districts, Midtown Miami is surrounded bycultural and entertainment venues and ultra-luxury retailers such as Cartier and Louis Vuitton. It is less than five minutes from Miami Beach and is in close proximity to I-95, offering direct access to the Port of Miami and major international airports.

The Sales Center, located at 3449 NE 1st Avenue, Unit #L-35, is open Monday through Friday from 10 a.m. to 6 p.m., and Saturday and Sunday from 11 a.m. to 5 p.m. For more information, call (888) 355-1780 or visit http://www.midtownmiamiresidences.com. Join us on Facebook at http://www.facebook.com/midtownmiamiresidences or follow us on Twitter at @Midtown_Mia.

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About Midtown Miami
Midtown Miami is a $2.3 billion lifestyle neighborhood located in Miami. At the heart is the residential tower of 4 Midtown, offering superior features, ground-floor retail and an ambience that celebrates all of the amenities and conveniences of city life within an intimate, yet bustling art and culturally-enriched community. Residents can enjoy impeccable weather and sweeping ocean and city views, relax, eat or stroll through boutiques within feet from their front doors, and experience Miami’s urban core. Midtown Miami features approximately 1,000 residences within high-rise towers, mid-rises and a mews, with sidewalks meandering through the neighborhood’s shops, restaurants and residences.

About Gold Krown Financial
Miami-based Gold Krown Financial, a partnership between seasoned real estate executives with more than 30 years of experience working together on various business ventures in South Florida and throughout United States, owns more than 475 residential units in Midtown Miami within three towers. Led by Gold Krown managing partner M. Ronald Krongold, the partnership includes Sam Beznos, principal of the Beztak Companies, Gary Goldbloom, principal of MG Investments, and Jeb Bush Jr. of Bush Holdings Financial.

About Fortune International
Founded by Edgardo Defortuna, Fortune International has raised the bar in high-end real estate throughout South Florida since 1983. In its brokerage division, Fortune boasts more than 1000 realtors and 11 offices from Key Biscayne to Weston, and numerous international affiliates. In addition, Fortune International is the developer's choice for exclusive on-site sales, having represented some of South Florida's most successful projects with thousands of sales to date. The name Fortune International is synonymous with excellence and an unwavering commitment to quality and customer service in the world of luxury real estate. http://www.fortune-network.com.

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Ana Maria Colmenares

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