A Look Back at the Top 9 Luxury Condo Sales of Last Year (2018) Posted on January 23, 2019 by Michael Light The Miami/Miami Beach luxury condo market is always a hot-button topic among real estate news outlets around the world. And, with many people questioning the stability of the luxury market, it is important for me to point out that there were 19 condos that sold over $10 Million in Miami-Dade County in 2018 (per MLS data). And, think about this…this list does NOT include developer inventory not on the MLS, which, if I had access to, would make this number much higher. In 2017, Palazzo del Sol PH 2 topped the list selling at $31,261,545, while topping the list in 2018 was the top-floor penthouse at 321 Ocean that included its own 36′ infinity pool on the roofdeck that is seen above. Top 9 Condo Sales of 2018 #1 321 Ocean PH | South of Fifth | Sold for $26,000,000 Closed on 05/11/2018 6,807 SF Living Area | 5,223 SF of Terraces 5 Bedrooms | 5.5 Bathrooms Sold for $3,819.60 Per Square Foot #2 Fendi Chateau PH-2 | Surfside | Sold for $18,500,000 Closed on 03/12/2018 7,489 SF Living Area | 5,220 SF of Terraces 4 Bedrooms + Den | 7.5 Bathrooms Sold For $2,470.29 Per Square Foot #3 Mansions at Acqualina PH45 | Sunny Isles Beach | Sold for $17,000,000 Closed on 02/28/2018 7,022 SF Living Area | 2,428 SF of Terraces 4 Bedrooms | 6.5 Bathrooms Sold For $2,420.96 Per Square Foot #4 Oceana Key Biscayne PH1-N | Key Biscayne | Sold for $15,000,000 Closed on 05/14/2018 8,252 SF Living Area | 9,000 SF of Terraces 5 Bedrooms + Media Room | 7.5 Bathrooms Sold for $1,817.74 Per Square Foot #5 Apogee South Beach #2104 | South of Fifth | Sold for $14,800,000 Closed on 03/01/2018 4,154 SF Living Area | 2,441 SF of Terraces 3 Bedrooms | 4.5 Bathrooms Sold for $3,562.83 Per Square Foot #6 Bayview at Fisher Island #4811/4821 | Fisher Island | Sold for $14,556,700 Closed on 08/06/2018 8,020 SF Living Area 5 Bedrooms | 5.5 Bathrooms Sold for $1,815.04 Per Square Foot #7 Continuum South Beach #3803 | South of Fifth | Sold for $13,750,000 Closed on 01/16/2018 4,968 SF Living Area | 487 SF of Terraces 4 Bedrooms | 4.5 Bathrooms Sold for $2,767.71 Per Square Foot #8 Apogee South Beach #1604 | South of Fifth | Sold for $13,500,000 Closed on 05/01/2018 4,154 SF Living Area | 2,441 SF of Terraces 4 Bedrooms | 4.5 Bathrooms Sold for $3,249.88 Per Square Foot #9 1 Hotel & Homes PH-1610 | South Beach | Sold for $13,500,000 Closed on 11/01/2018 3,955 SF Living Area 4 Bedrooms | 5.5 Bathrooms Sold for $3,413.40 Per Square Foot If you are interested in learning more about luxury condos in Miami, please contact Broker Associate, Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate and Founder/Owner of the Miami Luxury Homes Group at Douglas Elliman. You may reach Michael directly at (305) 350-9842 or michael@miamiluxuryhomes.com. Disclaimer: The information contained herein was retrieved from the Multiple Listing Service (MLS) on January 19, 2019 and developer floor plans. All information contained herein is for informative purposes only and should not be relied upon without representation.
FENDI Château Residences…New Wave of Elegance Coming to Miami Beach Posted on November 6, 2014November 6, 2014 by Michael Light FENDI Château FENDI Château Residences will bring a new sense of elegance to Miami Beach living. FENDI Château represents a truly luxurious collaboration between famous luxury powerhouse, FENDI and sophisticated, exclusive developer, Château Group. Soon to be situated on over 300 linear feet of oceanfront and just a few blocks from celebrated Bal Harbour Shops, FENDI Château will feature 58, ultra-exclusive, flow-through oceanfront residences ranging in size from 3,325 square feet to 7,110 square feet. These lavish residences will boast a FENDI Casa gourmet kitchen, beautifully-finished bathrooms, full staff quarters and expansive terraces overlooking the Atlantic Ocean. FENDI Château will also offer its residents chic, sophisticated amenities including 24/7 concierge services by New York-based lifestyle management firm, Luxury Attaché, 2 resort-style swimming pools, Zen-inspired gardens, pool and beachside services, fitness center and spa. Aerial View of FENDI Château Below, you will find more information about FENDI Château Residences, but please contact me for exclusive information on this truly amazing new addition to Miami Beach. You may reach me directly at my office at 305-350-9842, on my cell phone at 786-566-1700 or via email at michael@miamiluxuryhomes.com. Download FENDI Château Information FENDI Château Brochure FENDI Château Residence Floor Plans FENDI Château Pool FENDI Château Pool FENDI Château Building Features 12-story, bespoke building situated on 300 linear feet of oceanfront beach 58 ultra-luxury, flow-through condo residences Exquisitely designed by internationally-acclaimed Arquitectonica Posh, interior designs by the one-and-only FENDI collaboratively with Fanny Haim 24-foot high grand lobby Personalized, lavish concierge services by New York-based lifestyle management firm, Luxury Attaché with 24-hour service and multi-lingual staff 24-hour, top-of-the-line security including gated entrance 24-hour valet services and doormen Luxuriant gardens and Zen-inspired outdoor areas Tropical gardens surrounding ponds overlooking the breathtaking ocean Underground, secured and assigned parking spaces Private storage spaces including bicycle storage for residents FENDI Château Amenities Library with seating nooks Highly-innovative business center 2 resort-style swimming pools and Jacuzzi beautifully landscaped with lush, tropical gardens and offering exclusive cabanas and poolside service Beach service Gazebo featuring a summer kitchen and ocean view High-tech fitness center with spectacular ocean views Spa wellness center boasting an indoor, thermal European pool Exclusive cinema and media center Kid’s club Elite restaurant with chef’s catering kitchen for formal and causal, personalized cuisine Social lounge boasting a chef-inspired, gourmet kitchen FENDI Château Living Area FENDI Château Condo Residence Features Luxurious, flow-through condo residences offering 3 to 5 bedrooms 10’ ceilings throughout residences and 11’ ceilings throughout penthouses Residences feature private, entry foyers with private elevators 12’ deep, oversized terraces overlooking the Atlantic Ocean Select, corner residences boast wrap-around terraces and summer kitchens Extra-large master bedroom suites with his and her master bathrooms and 2 walk-in, oversized closets Bathrooms are beautifully finished with Italian marble and custom-designed fixtures Chef-inspired kitchen with custom-made FENDI cabinets and Gaggenau appliances Full-size staff quarters with laundry area and bathroom Innovative, concierge panel in residences for direct connection to building services and amenities 3 penthouses feature private rooftop sundecks and swimming pools FENDI Château Building Overview Developer: Château Group Architect: Arquitectonica Interior Design: FENDI & Fanny Haim Number of Stories: 12 Number of Residences: 58 Square Footage Range: 3,325 – 7,110 (under a/c) Bedrooms: 3 – 5 Price Range: $5,000,000 – $22,000,000 Maintenance Fee: $1.20 per sq. ft. Estimated Completion Date: June 2016 FENDI Château Deposit Schedule 30% of Purchase Price at Contract 20% of Purchase Price by March 30, 2015 20% of Purchase Price by September 30, 2015 30% of Purchase Price by 2nd Quarter of 2016