By Sunny Isles Real Estate Expert on November 14th, 2010
More and more investors are buying properties in Miami these days
Let’s face it, we’re in a strong buyer’s market now and those who realize the potentials are jumping in. The prices for prime waterfront properties in Miami, including Penthouses in Miami are very low in comparison to the rest of the world. As a result, Sunny Realty had sold two penthouses last month in Acqualina Sunny Isles.
So what would you pay for a Penthouse?
A recently published article by www.luxist.com reveals that a six-bedroom penthouse at London’s posh One Hyde Park development (above) has just sold for a record-breaking £140 million, or about $220 million, making it the most expensive piece of residential real estate in the world (in terms of current listings and sales). The massive deal eclipses the paltry $150 million asking price for The Manor, Candy Spelling’s monstrous mansion in Holmby Hills, California, previous holder of the World’s Most Expensive title. While the identity of the buyer remains a closely-guarded secret, speculation is centering on oligarchs and oil sheikhs, the London Telegraph reports. The palatial penthouse stretches across two floors and boasts bullet-proof windows, a panic room and stunning views across the Serpentine lake in Hyde Park.
Barely a month after a London penthouse had sold for $220 million, making it the world’s most expensive private residence, the record has been shattered with the $308 million sale of a palatial penthouse in Monaco (above). The Monaco property, called La Belle Epoque, has quite a history; formerly the home of billionaire banker Edmund Safra, it’s where he was found dead following a mysterious fire that gutted the apartment in 1999. The three-bedroom, 17,500-sq-.ft. duplex penthouse, which includes a double-height library and vast roof terraces complete with mature 15-foot trees and an infinity pool, is thought to have been purchased by an Arab sheikh, the Economic Times reports.
So, what about top Miami Penthouses for sale?
With an increased interest in Miami penthouses, right now there are still several great opportunities on the market. The Setai Miami Penthouse tops the list with a immersed 6,200 square feet under aid duplex with an exceptional architecture & decor. No expense or detail was spared in creating a traditional Thai themed home in the sky. This masterpiece boasts endless works of art, custom woodwork, unique furnishings, antiques & rooftop terrace making this an unrivaled residence for the most distinguished homeowner.5 star amenities include valet, concierge, room service, restaurant & bar, fitness center w/ spa & 3 pools. Asking price of $27M seems like pocket change in comparison to it’s European protege.
The next two most expensive Miami penthouses are in Continuum On South Beach. This brand new North Tower offers 12 Acres of Oceanfront at CONTINUUM! Spectacular wraparound views, Italian kitchen with Stainless Steel Meile appliances, Subzero Refrigerator, Granite countertops and Marble floors. Luxury amenities include 24 hr security and valet parking, full-time Concierge Service, 2 large Lagoon pools with pool and beach-side services from Patio Restaurant. Three Pro-Clay tennis courts, 23,000sf Sporting Club and Spa with Infinity lap pool!
If penthouses is your thing, my personal favorite is the Apogee Miami Beach penthouse. This gorgeous pinnacle of the latest architecture by world renown team of Sieger Suarez offers the top two floors at the Apogee South Beach. The 6,870 square feet penthouse offers 22 feet ceilings enclosed by double height floor to ceiling windows which creates a first lasting impression. The unbelievable 360 degree rooftop palazzo offers 11,000 square foot terrace and some of the most spectacular views in Miami. Private pool and built in summer kitchen is there as well for your entertainment. This Apogee penthouse asking price is only $16M, which is the lowest of it’s kind on the market.
Several great opportunities for Sunny Isles Penthouses
are present by Jade Ocean Sunny Isles. Brand new 55 stories all glass tower offers a two story penthouse all finished and furnished in stunning white theme. If you’re on the market to buy a penthouse in Miami, please consider Sunny Realty – we’re a top selling team with superb knowledge of the local market and will be sure to find you the best penthouse for your money.
For more information please call our office toll free – 1-877-368-2318.