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Tag Archives: luxury condo

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 […]



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 […]





New $300M condo-hotel to rise in Miami

A new 133-room hotel will be co-owned by Sam Nazrian (a Los Angeles nightclub entrepreneur) and Jorge Perez (developers of the Related Group). It is going to cost $300 million SLS Brickell-brand condo-hotel to rise in Miami. Location will be at 1300 South Miami Avenue and is anticipated to open at 2015. Cost per square […]