{"id":193512,"date":"2026-03-16T14:24:22","date_gmt":"2026-03-16T14:24:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/193512\/"},"modified":"2026-03-16T14:24:22","modified_gmt":"2026-03-16T14:24:22","slug":"kodsi-family-completes-delayed-coconut-grove-miami-condos","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/193512\/","title":{"rendered":"Kodsi Family Completes Delayed Coconut Grove Miami Condos"},"content":{"rendered":"<p>A boutique condo project in Miami\u2019s Coconut Grove that was expected to be completed in 2019 under its former owners secured a temporary certificate of occupancy.\u00a0<\/p>\n<p>Developer and real estate attorney Isaac Kodsi, who <a href=\"https:\/\/therealdeal.com\/miami\/2025\/08\/05\/obituary-of-miami-developer-real-estate-lawyer-isaac-kodsi\/\" rel=\"nofollow noopener\" target=\"_blank\">died unexpectedly<\/a> last year at age 59, bought the Arbor Residences building <a href=\"https:\/\/therealdeal.com\/miami\/2023\/11\/07\/isaac-kodsi-takes-over-stalled-coconut-grove-condo-project\/\" rel=\"nofollow noopener\" target=\"_blank\">out of foreclosure<\/a> in 2023. He returned buyers\u2019 deposits, and relaunched sales and construction of the 45-unit building at 3034 Oak Avenue in downtown Coconut Grove.<\/p>\n<p>After Kodsi\u2019s death, his daughter Camilla Kodsi worked with developer Dan Kodsi, her uncle, to get the project completed. It\u2019s more than 70 percent presold, according to a press release.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/03\/Isaac-Kodsi.jpg\" alt=\"\" class=\"wp-image-1020748\"  \/>Isaac Kodsi<\/p>\n<p>Cervera Real Estate\u2019s Sandra Masis has been leading sales and marketing of the property since Isaac Kodsi took over. Remaining units start at $1.7 million. They include two-bedroom condos with dens and three-bedroom, two-bathroom condos. Closings have not yet been recorded.\u00a0<\/p>\n<p>The five-story building was designed by Behar Font &amp; Partners. It includes a rooftop terrace, pool deck, gym, valet and concierge. The building is just north of CocoWalk.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/03\/3034-Oak-Avenue.jpg\" alt=\"\" class=\"wp-image-1020749\"  \/>3034 Oak Avenue <\/p>\n<p>Camilla Kodsi now leads her father\u2019s firm, Ark Capital Group, a Pembroke Pines-based real estate investment firm that specializes in debt and equity for projects that are under $50 million.\u00a0<\/p>\n<p>A partnership led by Nick Hamann sold the then-partially built building to Kodsi\u2019s Arbor Grove Development three years ago. Hamann and his partners\u2019 LLC was at the <a href=\"https:\/\/therealdeal.com\/miami\/2022\/08\/26\/lender-seeks-foreclosure-of-stalled-arbor-coconut-grove-project\/\" rel=\"nofollow noopener\" target=\"_blank\">center of a foreclosure<\/a> lawsuit filed by Trez Capital in 2022.\u00a0<\/p>\n<p>Since the original launch before the pandemic, home prices in Coconut Grove have skyrocketed, and luxury condo projects cropped up, including the completed two-tower Mr. C Residences and the under construction <a href=\"https:\/\/therealdeal.com\/miami\/2026\/01\/30\/ugo-colombo-fort-score-four-seasons-coconut-grove-loan\/\" rel=\"nofollow noopener\" target=\"_blank\">Four Seasons Private Residences<\/a>.\u00a0<\/p>\n<p>Recent luxury buyers in Coconut Grove include billionaire Google co-founder Larry Page, who <a href=\"https:\/\/therealdeal.com\/miami\/2026\/01\/22\/google-co-founder-larry-page-buys-third-miami-home\/\" rel=\"nofollow noopener\" target=\"_blank\">spent $188 million<\/a> on three properties.\u00a0<\/p>\n<p>\tRead more<br \/>\n\t\t\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2025\/08\/24\/update-on-isaac-kodsis-coconut-grove-condo-project\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/03\/Update-on-Isaac-Kodsis-Coconut-Grove-Condo-Project_-200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"Update on Isaac Kodsi\u2019s Coconut Grove Condo Project\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tDevelopment\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n<p>The Weekly Dirt: What\u2019s next for the late Isaac Kodsi\u2019s Coconut Grove condo project\u00a0<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2025\/08\/05\/obituary-of-miami-developer-real-estate-lawyer-isaac-kodsi\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/03\/Obituary-of-Miami-Developer-Real-Estate-Lawyer-Isaac-Kodsi-ft-200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"Obituary of Miami Developer, Real Estate Lawyer Isaac Kodsi\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tDevelopment\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n<p>South Florida developer, real estate attorney Isaac Kodsi dies at 59<\/p>\n<p>\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"A boutique condo project in Miami\u2019s Coconut Grove that was expected to be completed in 2019 under its&hellip;\n","protected":false},"author":2,"featured_media":193513,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[123,125,124,89991],"class_list":["post-193512","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-miami","tag-miami-headlines","tag-miami-news","tag-miamis-coconut-grove-condo"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/193512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=193512"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/193512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/193513"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=193512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=193512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=193512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}