First-Ever MetaReal Mansion Launched by Meta Residence and ONE Sotheby’s International Realty

Meta Residence, ONE Sotheby’s International Realty and Voxel Architects recently will collaborate on the building and selling of a luxury mansion in Miami that will also come with a virtual counterpart. The first real-world mansion using NFT technology inside of The Sandbox metaverse. The purchaser of the NFT asset will also acquire ownership rights of the physical home.

“We are building a rare lifestyle experience that blurs the lines between the metaverse and reality,” says Gabe Sierra, president of the joint venture between the three companies. “Never before has a project like this been delivered, and we are proud to offer the buyer of this NFT a once-in-a-lifetime opportunity to own the first MetaReal mansion ever created.”

Located over one acre within one of Miami’s most sought-after neighborhoods, the 11,000 square-foot home will feature seven bedrooms and nine bathrooms. The virtual version will be a mirror image of the property. Michael Martinez with ONE Sotheby’s International Realty is the exclusive sales agent for the project and plans to execute the transaction on the Ethereum blockchain. The metaverse mansion is expected to list for auction in 2022 with a yet-to-be-disclosed listing price. 

“Being able to leverage my expertise to pair a homeowner with real and virtual property is something I never imagined being a part of, it’s exhilarating,” Martinez says. “We look forward to finding a buyer for this spectacular property and being involved in a momentous deal in this new era of homeownership.” 

The joint venture has also acquired the equivalent of over 40 acres in the metaverse for future projects that may include homes and commercial properties, marketing and gaming endeavors. 

“As a company, we push boundaries and constantly evolve with the changing dynamics of the industry—always on the cutting-edge of real estate, art and technology,” says Daniel de la Vega, president of ONE Sotheby’s International Realty. “We believe that the metaverse will play a role in the future of real estate in one way or another. This deal represents a bold move to support our clientele where the real and virtual worlds converge, and we look forward to presenting the property to our unrivaled global network.”

You May Also Like

Dolphin Mall in Miami to Open Entertainment Venue Featuring Dining and Hospitality Options

Taubman Realty Group and Live! Hospitality & Entertainment partnered to create Vivo! Dolphin Mall, which will feature 62,000 square feet of dining and entertainment space with an expansive 30,000-square-foot al fresco plaza set to debut this summer. Vivo! will provide a destination for premium entertainment, food, drinks and first-class hospitality in Miami.  “It’s been incredible

Las Olas Wine & Food Festival Returns for 27th Anniversary

The Las Olas Wine and Food Festival (LOWFF) will celebrate its 27th anniversary on Friday, April 21. As one of Fort Lauderdale’s most extensive wine and food festivals, the event will transform Las Olas Boulevard and offer guests the opportunity to sip, sample and enjoy dishes from 40 of South Florida’s finest restaurants and more

Vinya Wine to Celebrate National No Phone Day With Miami’s Top Restaurants

Wanting restaurant guests to enjoy their meal and camaraderie with friends and family, Vinya Wine is spearheading an initiative to encourage patrons to enjoy a sip of wine with friends or family on National No Phone Day. Organized by Allegra Angelo, Vinya Wine partner and sommelier, Tuesday, April 18 has been declared No Phone Day,

W Hotel on Fort Lauderdale Beach to Host Post Tortuga Party

The Tortuga Music Festival on Fort Lauderdale Beach will bring thousands of concertgoers to the area for a weekend of live musical entertainment. The popular event is celebrating its 10th anniversary this year with headliners Eric Church (Friday), Shania Twain (Saturday) and Kenny Chesney (Sunday), each performing for more than 25,000 fans. However, the party

Other Posts

Frost Science Hosts Event Highlighting Guinness World-Record Flight 

Captain Barrington Irving will discuss his historic achievement.

New Restaurants and Additions Wanted for Hallandale Beach Event Series

The lineup is part of the South Beach Wine & Food Festival, which has raised over $37 million for the Chaplin School of Hospitality & Tourism Management at FIU.

Barbie-Themed Homeware and Merchandise Pop-up Event Coming to Cityplace Doral

It will allow fans to glimpse the iconic doll’s world in a unique and exciting way.

Inaugural Reserve Cup Coming to Miami

Reserve Padel CEO Wayne Boich and Miami Heat Superstar Jimmy Butler are hosting the event.