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Monaco Yacht Club & Residences Receive TCO, Begin Closings


Boutique Bayfront Development Curated by Piero Lissoni and Arquitectonica Swiftly Sails Toward a Complete Sell-Out

Monaco Yacht Club & Residences Receive TCO, Begin Closings

The Mediterranean has met its Miami match. Monaco Yacht Club & Residences, the widely-anticipated, new boutique Bayfront residences and private marina, has received its temporary certificate of occupancy (TCO), signaling the start of closings.

The internationally-lauded project of Optimum Asset Management USA, Monaco Yacht Club & Residences offers just thirty-nine luxurious waterfront residences delivered fully finished with curated interiors by two of the most esteemed names in design, Piero Lissoni and Arquitectonica.

In addition to announcing this milestone, Optimum Asset Management USA has disclosed that only two residences remain – including a two-bedroom, two-and-a-half bathroom, plus den, villa with direct marina access and boat slip — as the tower rapidly approaches a complete sell-out. Steadfast sales have been attributed to its tranquil and exclusive Bayfront setting; large, airy offerings; and one-of-a-kind waterfront amenities such as its own private marina, that up the ante on luxury and convenience.

“Seeing Monaco Yacht Club & Residences come to fruition and receive TCO is an especially proud moment,” said Matthew Barry, Managing Director of Optimum Asset Management USA. “The global response to the tower has been nothing short of compelling and a testament to its international appeal. We are thrilled to be showcasing this building to the world and celebrating the continued excitement surrounding its unveiling.”

With a coveted location on one of the last remaining waterfront properties in the area, Monaco Yacht Club & Residences has introduced a new dimension in sophisticated European design and elegant, waterfront living synonymously with the French Riviera to Miami Beach. Each of the modern unit interiors was meticulously curated with precise attention to detail, inclusive of the refined Italian-made fixtures and finishes, while a design palette of warm whites and rich woods was used for the lobby and the premier “Resident’s Lounge,” which features a library and breakfast bar for leisurely waterfront dining.

“The DNA of the Côte d’Azur is reflected in every single design element of Monaco Yacht Club & Residences, giving residents the unique opportunity to live the one-of-a-kind South of France lifestyle,” said Edgardo Defortuna, president and CEO of Fortune International Group, the exclusive brokerage of the project. “We have a lot of excited residents that we cannot wait to welcome and celebrate the very best Miami Beach has to offer.”

“It has been an honor to be part of the construction of this amazing architectural gem,” said Brett Atkinson, President of South Florida for Moss Construction, the tower’s general contractor. “It was a pleasure to work with Optimum Asset Management USA; we could not have reached TCO without our experienced subcontractors and suppliers.”

Monaco Yacht Club & Residences feature one to four-bedroom residences, ranging in size from 918 to nearly 5,000 square feet, and two one-of-a-kind penthouses with spacious living areas, private terraces and summer kitchens. Primed for indoor/outdoor living and entertaining, the meticulously designed homes feature expansive wraparound terraces – each with sweeping views of Biscayne Bay, the Atlantic Ocean and the Miami skyline – as well as contemporary Italian kitchens by Boffi.  Additional highlights within the residences include stone countertops, 10 to 11-foot-high ceilings throughout, large walk-in closets, private elevator entrances, and premium bathroom interiors featuring imported Italian marble flooring, large tubs and frameless, glass-enclosed rainfall showers with designer faucets.

The nautically-themed, 12-story boutique building features a myriad of resort-style amenities, including a breathtaking rooftop terrace featuring panoramic views of the Miami skyline and a pool with poolside chaise lounge chairs, a Jacuzzi and shaded lounge areas with a grill for entertaining.  Offering the best of a yachtsman’s lifestyle, a 12-slip marina is exclusively available to residents of Monaco Yacht Club & Residences, as well as a yachting concierge and other waterfront amenities such as paddle boarding and kayaking.

With exclusive sales and marketing handled by Fortune Development Sales, Monaco Yacht Club & Residences are priced from $1.1 million. For more information, please call 305.749.9126 or visit the website at

About Optimum Asset Management:

Optimum Asset Management is a visionary, fully integrated real estate and development investment firm that specializes in curating, creating and delivering unique, exclusive lifestyle and architecturally distinct properties. Optimum’s very selective investments are comprised of ultra-luxury condominiums, high-end retail, strategically located lifestyle boutique hotels and “Class A” office buildings in some of the best locations in growing, stable cities throughout the globe. Headquartered in Luxembourg, Optimum Group’s U.S. operations are managed in the Miami office, with additional offices and investments located in New York City, Boston and Philadelphia. The firm’s current global real estate portfolio in high barrier to entry markets exceeds $2 billion in both stabilized and projects under development. For more information, please visit

Fortune International Group:

Synonymous with excellence, quality, customer service and unwavering commitment to the highest standards of luxury, Fortune International Group has been a recognized leader in development, sales and marketing since 1983. With over 7,000 units and 9 million square feet of projects delivered, the company’s prestigious development portfolio includes many of the most prominent residential properties in South Florida including Jade Signature, The Ritz-Carlton Residences Sunny Isles Beach, Auberge Beach Residences and Spa Fort Lauderdale, Jade Residences Brickell; Jade Beach, Jade Ocean, and Hyde Resort & Residences Hollywood. In addition, Fortune Development Sales is the premier, exclusive on-site sales and marketing representative for third-party development projects in South Florida, having sold more than 25,000 units and currently representing some of South Florida’s most successful projects such as: Missoni Baia, Una Residences, 57 Ocean, 2000 Ocean, Monaco Yacht Club, 1 Hotel & Homes South Beach, Brickell Flatiron, SLS Lux & Gran Paraiso, among others. Led by visionary founder Edgardo Defortuna, Fortune International Group has 18 offices around the world with nearly 1,000 associates. Fortune’s international broker network reaches legions of prospective buyers from South Florida to Buenos Aires, Hong Kong to São Paolo, and Manhattan to Paris.

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