Category Archives: Luxury Condos

Homebuyers paying top dollar for new trophies

Wealthy homebuyers are not buying the resales of Miami’s most prized properties. They are instead setting records on extravagant new penthouses. Duplex penthouses at Ian Schrager’s residences were sold for $34 million which is a new record in Miami. Schrager and other developers in South Florida are building new projects with exclusive amenities for the […]


Christian Slater picks up $2.2M Coconut Grove villa

Christian Slater bought a 3-bedroom home at 3618 St. Gaudens Road for $2.2 million. This is located in Miami’s Coconut Groove neighbourhood. This house was on sale in January. The original price was $2.59 million listed under Antonio Rios of Shelton and Stewart Realtors. Christian Slater is known in the black comedy “Heathers”. His representative […]


Related’s condo chief Carlos Rosso says last construction cycle still dwarfs current boom

Although tens of thousands of condominiums and rental properties are in the pipeline, the Miami area is still experiencing inventory shortgages, Carlos Rosso, the head of condo development at the Related Group, said on WLRN’s Sunshine Economy.   Miami is still having inventory shortages despite the condominiums and rental properties ongoing. This is according to […]






Edition condo sells for $6M

The Edition, a 26-unit John Pawson-designed combination condo-hotel, is scheduled to open in 2014. The project highlights 26 condo units ranging from one-to-four bedrooms, on the top two floors of a 250-room hotel. $6 million was the prize of a 2,000-square-foot two-bedroom condominium in The Edition. The Edition launched sales in January. Last month, Coldwell […]



One Thousand Ocean closes $8.7M penthouse deal

An international buyer known as “the Beach” had purchased one of One Thousand Ocean penthouses for $8.7 million or almost $1,540 per sq. ft. This is indeed the highest per square-foot rate in the building. The penthouse features a private elevator lobby, separate glass-enclosed bonus room, floor-to-ceiling windows, private three-car garage, and a private pool-deck […]