An anonymous American buyer has paid $34 million for two penthouse-style condos that are still under construction at "The Edition" hotel in Miami. The combined sale of the units is the biggest deal in Miami and the largest in South Florida by square feet.
Miami condos sell for a record $34 million; a Miami penthouse lists for $50 million; two neighboring waterfront properties in Lake Tahoe sell for $25.85 million. Lauren Schuker Blum joins The News Hub. Photo: Alex Morris Visualisation Ltd and Gilbert McCarragher.
Coldwell Banker Residential Real Estate is proud to announce that sales associate William P.D. Pierce, of the company’s Miami Beach office, represented the sale of Penthouse 1601 and 1602 at The Residences at The Miami Beach EDITION for $34 million, making it the most expensive penthouse sold in Miami’s history. When the two units are combined, the triplex penthouse will feature eight bedrooms, eight and three-half bathrooms and 16,271 square feet of total space.
Miami‘s luxury housing market has been hitting new highs since last year. First there was Eddie Lampert’s $38 million Indian Creek purchase last March, then a Russian scion’s record-breaking $47 million purchase a few lots away in August. On the condo side, a series of high-rise homes gracing the Miami Beach coastline have consecutively shattered apartment records since late 2011.
Kevin Gale Editor in Chief South Florida Business Journal An unnamed American buyer has paid $34 million for two penthouses in the Residences at the Miami Beach Edition being developed by Ian Schrager, according to WSJ.com. Broker William P.D. Pierce said theresidences together would represent the largest condo sale ever in Florida. The penthouses total 16,162 square feet, […]
A combined-unit penthouse at the Residences at the Miami Beach EDITION has closed for $34 million, making it one of Miami’s priciest penthouse sales ever, Coldwell Banker announced today. Coldwell Banker’s sales associate William Pierce closed the deal.
William Pierce, a South Florida realtor specializing in Miami Beach Condos and Miami Beach Penthouses, has received widespread media attention for being involved in a property transaction that has been identified as the largest condo contract in the history of Miami and Florida real estate. Among the publications that have featured William Pierce are the […]
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