ONE Sotheby’s International Realty Named Exclusive Sales Representative for The Setting in South Miami

ONE Sotheby’s Realty [dropcap]O[/dropcap]NE Sotheby’s International Realty, South Florida’s luxury real estate leader, has been named the exclusive sales representative for The Setting. The premier residential enclave of five luxury homes in South Miami, being developed by AJP Ventures, will be represented by ONE Sotheby’s International Realty’s team, The Jill Penman Group.

Designed by award-winning Miami architect Roney Mateu of MATEU Architecture, The Setting will introduce a modern motif to the quaint neighborhood of South Miami. Priced from $1.7 million to $2.1 million, the single-family homes, ranging from 3,432 to 4,757 square feet, will be situated on enclosed 15,000-square-foot lots and will be comprised of four to six-bedrooms. Offering a functional yet unique design, each home will exude a distinct signature, while sharing luxury details and plush amenities, including a pool and/or spa, two-car garage and the finest fixtures and finishes.

Mateu, whose firm was named the 2012 “Architecture Firm of the Year” by the Miami Chapter of the American Institute of Architects, designed each home with a unique, contemporary feel, while integrating the surrounding environment. The residences will create distinctive dwellings that blend with the natural, lush backdrop, offering the most ideal setting for discerning buyers.

“The Plum House,” which is the largest home of the group, boasting 4,757 square feet, is the first property to be built, with construction already underway.

“The name speaks for itself – a superb location for family living in one of the most desirable areas, just minutes from top schools, shops and parks,” said Penman. “The development team has cultivated an enclave of residences that will truly be experiential from the moment you call The Setting your home.”

Led by top-producing agent Jill Penman, The Jill Penman Group specializes in the Miami communities of South Miami, Coconut Grove, Coral Gables, Pinecrest, Key Biscayne and Miami Beach. Penman brings 10 years of experience in Miami real estate, and is a member of Master Brokers Forum and the Women’s Council of Realtors.

Founded just five years ago by CEO Mayi de la Vega, and now numbering more than 350 agents in eight offices, ONE Sotheby’s International Realty achieved total sales of more than $1.6 billion in 2013, realizing a 36 percent growth year-over-year from 2012. The firm is ranked by 2013 REAL Trends 500 as No. 102 of the Top 500 U.S. Brokerage Companies by closed sales volume, jumping from No. 145 in 2012, and is listed amongst the nation’s top 50 firms by average home sales prices.

About ONE Sotheby’s International Realty
As the fastest growing luxury real estate brokerage firm in South Florida, ONE Sotheby’s International Realty has eight offices in Fort Lauderdale, Coral Gables, Miami Beach, Sunny Isles, Brickell and Key Biscayne, and has recruited more than 350 agents since its inception in 2008. In addition to its luxury brokerage division, the firm also boasts a development sales division, representing some of South Florida’s most successful and prestigious condo developments. In 2013, ONE Sotheby’s International Realty achieved sales of more than $1.6 billion, and under the direction of CEO Mayi de la Vega, realized a 36 percent growth year-over-year from 2012, holding the majority market share of condominiums sold for over $1 million in South Florida. For more information, visit www.onesothebysrealty.com.

About Sotheby’s International Realty Affiliates, Inc.
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.


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