By Sunny Isles Real Estate Expert on September 22nd, 2010
Once upon a time, everyone wanted to have a penthouse in Miami. The penthouse was the ultimate symbol of having done well in life, and most of the penthouses had some rather spectacular views. These residences had a lot to offer. After all, who wouldn’t want to live in a Miami penthouse? The sun, sand, and surf are only part of the attraction. The lively city with all of its activities and nightlife literally calls to people. Many people consider it one of the best places in the world to live.
With fears of an economic recession, many people gave up their dream of living in a penthouse. They feared for the real estate market, and they didn’t pursue their goal. Those who were already living in their penthouses were afraid that they would not be able to sell if they wanted to move elsewhere. What they did not realize was that the market in South Florida didn’t take the same drastic hit that other areas of the United States did.
Now that all of those fears are subsiding, more people are returning to that dream and penthouses are becoming very popular again. Many people want to live in a penthouse now and fortunately, Miami has many to offer. Recently a unit at Acqualina (PH4601) sold for 4.5 million dollars!
If you have a penthouse that you are considering selling, now could be a great time to do it because so many people are choosing to buy. Those who are in the market to buy should be on the lookout for some of the top complexes in the area to start selling penthouses in Miami.
Some of the top penthouses in Miami for sale