Catherine Rodstein Blog   Real Estate Blog

Inventory is low, Miami's luxury properties are in the highest demand to date. The massive growth is largely due to foreign investors opting for South Florida Real Estate versus cash or equity investments in weaker economies. Miami has become a magnet for the world's wealthy.

Developer Todd Michael Glaser recently sold his sleek eight bedroom waterfront mansion he built in 2013 for about $14.3 million, the most expensive sale on Sunset Islands 3 & 4 in Miami Beach. The recent Sunset Harbour neighborhood transformation and close proximity to South Beach's best attributes has boosted values on the Sunset Islands, North Bay Road, and the Venetian Islands. Limited and highly exclusive Penthouses have been selling at extraordinary, record breaking prices. They seem surreal. Most recent sales include the $50M dollar, 18,000 square foot oceanfront PH with infinity edge rooftop pool at the excusive new Faena House in Miami Beach. Buyers plunked down $25M to $35M for the sultry and sophisticated Penthouses in hot new buildings like Edition and Glass in Miami Beach.

What's available? There are a few extraordinary New Development Penthouses remaining South of Fifth in Miami Beach.Marea above has two with exceptional views available. Downtown Miami's New Developments has a range of enticing Penthouses for sale at various price points with exceptional views. Contact me for the latest availability and pricing.

 
LEAVE US A COMMENT:
 
Security Code:
Confirm Security Code:
Search in English
Search in Spanish
Search in French
Search in German
Search in Italian
Search in Portuguese
Search in Russian
Chinese
New Developments The Miami Life

Listing with Catherine How is the Market? What's my Home Worth Today?
Miami Waterfront Homes Miami Beach Rentals Penthouses Miami Investment Properties
Resource Center
Updated: Sunday, November 18, 2018

Dos And Donts For Painting You...
Do: Get a paint sprayer: A paint sprayer will give you the cleanest, most p...

How To Choose The Right Vanity...
"Its not always the most glamorous part of a bathroom remodel, but choosing the right vanity...

Copyright ©2018 - Realty Times®
All Rights Reserved.

AS SEASON AND PERFECT MIAMI WEATHER DRAWS NEAR, IS THIS THE OPPORTUNE TIME TO BUY?
You know how you are always wondering when is the right time to buy South Florida Real...

Miami Election: Voters Approve Beckham's MLS Stadium and Miami Beach Convention Hotel
 Voters in the city of Miami approved two major mixed-use projects in Tuesday's...

Monad Terrace Miami Beach - Don't Miss! - Last units Opportunity!
MONAD TERRACE in Miami Beach is one of the best New Developments in Miami! Construction...