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WCI Communities Breaks Ground on $120M Condo Project

MIAMI-Mosaic on Miami Beach will consist of 84 units selling from $875,000 to $3.9 million and sized from 1,354 sf to 3,449 sf. The project is set to be finished in July 2006.

By Melissa Bogdany | Updated on August 23, 2004

MIAMI-WCI Communities Inc., based in Bonita Springs, broke ground on a $120-million, 20-story, oceanfront boutique condominium project in Miami Beach. Mosaic on Miami Beach, an 84-unit project, will rise on nearly1.7 acres at 3801 Collins Ave. It is the only new residential development in Miami Beach’s historic district.

The two- and three-bedroom units will range in size from 1,354 sf to 3,449 sf; the residences are priced between $875,000 and $3.9 million. WCI Realty Inc. is handling sales for the project. Fullerton Diaz is the project architect, and Interiors by Steven G. is the interior designer. Coastal Construction is the builder.

“We’ve always modeled ourselves as a high-end developer,” says Enrique de la Pezuela, the project manager for Mosaic. “We strive for the best.”

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