Tuesday, January 24, 2012

10 penthouses were sold in Downtown Miami Brickell area for a total of $34,295,000 in 2011. They were sold at an average of $588 square foot. These penthouses traded hands at an average of 15% discount from the list price. Brickell’s landmark Santa Maria building had its 10,000 square foot #4901 sold for $8,500,000 or $850/sqft. The luxurious Epic condominium, which houses the highly celebrated big name Zuma restaurant, saw three penthouses sold. We are proud to have sold #5401. The signature and lofty Marquis Tower had a penthouse sold for $645/square foot. The average sold price for a penthouse in Downtown/Brickell last year was $2,929,600 and the median was $2,625,000. One Miami’s 1,792 sqft #LPH23 sold for the $282/sqft.

Get your personalized APT Market Seller or Buyers Report by building, area, type of property (condo or single-family home) today. Contact us at info@luxurysouthbeachrealty.com or adriana@luxurysouthbeachrealty.com or call us 1.786.493.1388 for your FREE APT MARKET REPORT delivered to your mailbox or inbox.  

 

All information is deemed to be acccurate, but can't be guaranteed. All sales are gathered from the MLS listing service and we can't be responsible for errors, omissions information misstypes or calculation discrepancies. We always advice you to independently corroborate the information.

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