Miami Beach-Based Capponi Group Luxury Properties Announces Luxury Single-Family Home Division; Michael Capponi Breathes New Life into Old Residential Neighborhoods

Michael Capponi, one of Miami's most respected and well-known hospitality entrepreneurs, has formed Capponi Group Luxury Properties, a division specializing in the development of high-end and unique, luxury single-family homes. Capponi, a name that is synonymous with South Beach nightlife, is recognized as one of the driving creative forces behind Miami's emergence as an international destination. His nightlife ventures range from Wednesdays at Glass, Thursdays at The Victor Hotel, Fridays at Prive, and Saturdays at Mansion.

Capponi is now using his creative talents and celebrity contacts and applying them to the luxury residential market, developing three luxury properties in landmark Miami Beach neighborhoods: Pine Tree Drive, North Bay Road and Sunset Island II.

Capponi recently completed a 10,700 sq. ft. large residence at 2501 Bay Avenue, Miami Beach, located on prestigious Sunset Island II. The eight-bedroom house has four full bathrooms, two powder rooms, a large formal dining room, and a loft-like living room with 25-foot ceilings and bay views. The property features Caribbean overtones throughout and contains a separate family room with mahogany built-ins, an entertainment complex with a large movie theatre, a wine cellar room, wet bar, billiard room and gym. The house also boasts a six-car garage, maid's quarters, his and her walk-in closets, a gourmet kitchen and a swimming pool. Priced just under $5 million, the home is available furnished by Bussandri Classic Furnishings.

The Capponi Luxury Property Group has commissioned DB LEWIS Architecture+Design for two more luxury single-family homes: 5245 Pinetree Drive and 5625 North Bay Rd. on Miami Beach. The original Euro-modern design styling of the volumes, facades unified with rich finishes and amenity features make these homes truly unique. The 7,800 sq. ft. waterfront residence on Pinetree Drive, is a courtyard villa with second and third floor ocean views, which will be completed in January 2007. It is priced at $6.9 million. The North Bay Rd. four-bedroom, four-and-a-half bath contemporary home, will have second and third floor downtown and bay views. To be completed in the fall of 2006, the home is priced at $3.6 million.

Capponi Group Luxury Properties is a division of Capponi Properties, which specializes and emphasizes the construction and renovation of unique high-end, single-family luxury homes. SOL Sotheby's International Realty exclusively lists all properties.

For more information please visit http://www.CapponiGroup.com. For more information about DB LEWIS Architecture+Design please visit http://www.dbla1.us. Please visit http://www.bussandriusa.com for additional information on Bussandri Classic Furnishings.