CondoWatch: Miami Week of April 3 – 9, 2022

1 Hotel & Homes had 2 of the Largest Condo Sales this week

Not one, but two Penthouses at the Fabulous 1 Hotel made it to the list of top three condo sales this week. PH-1717 took the top spot closing at $10,600,000 while PF-1706 closed for $7,500,000. Represented by Jennifer Restrepo and Alexa Lemieux, 1717 features 4 bedrooms, 3.5 baths, open floor plan with expansive indoor and outdoor entertaining areas including private jacuzzi on the terrace. PH-1706 is a 3 bedroom, 3.5 bath home-in-the-sky furnished by Brazilian design house Artefacto with custom pantry and white oak floors. Tracy Galya represented the Seller and Alberto Esquenazi brought the Buyer. The fortunate owners of both units will enjoy a private residence lobby, personal concierge, multiple pools, state-of-the-art fitness center, spa and chauffeured house cars. Bal Harbour was the location of the second largest sale of the week with St. Regis unit 2303-S selling for $9,000,000. This fully furnished 4 bedroom, 5.5 bath oceanfront condo has spectacular views and access to the 5-star amenities including multiple pools and restaurants, cabanas, spa, butler and room service…not to mention Bal Harbour Shops just minutes away. Daniel Silverstein represented the Seller and Menachem Fellig brought the Buyer. Sales remain strong with 244 Sales totaling $200,878,426. Average Sale Price was $823,272 with 72 Days on Market.

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About Author: Barbara Rosenberg