PROFILEmiami South Florida Real Estate and Lifestyle

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Miami Millionaire's Row $38 Million Penthouse At 57 Ocean Makes Virtual Debut

Multiplan Real Estate Asset Management, the developer behind 57 Ocean on Miami Beach’s Millionaire’s Row, has debuted the building’s new spectacular penthouse in a $180,000 state-of-the-art video that combines reality with the virtual world. DBOX produced the 90-second video that highlights 57 Ocean’s $38 million penthouse. The video features 360-degree ocean views, 7,100 sq.ft of private outdoor terraces and spacious living areas designed by Sofia Joelsson Design. This video allows potential buyers to virtually walk the five-bedroom and six-bathroom condo in our new COVID-reality world.

“We are all living in a virtual world right now. The pandemic has had a profound effect on buyers’ psyche, impacting their ability or willingness to travel. Just as grocery markets are facing a new reality with Instacart, and art fairs and boat shows are going online, so too is real estate having its transformational moment,” said Marcelo Kingston, Managing Partner of Multiplan Real Estate Asset Management. “We believe we have created virtual lust for living at the apex of 57 Ocean, and that only a video can truly personify how the ultimate in luxury living has no limits.”

The video shows the penthouse’s indoor-outdoor living with expansive terraces, large glass windows and  private plunge pools. The open living room includes a gourmet chef’s kitchen and wine cellar facing the ocean. The master suite includes his and her closets, floating tub with ocean view and a special spa area including smaller plunge pools, massage area and outdoor sauna. The penthouse also features a clubroom with pool table, a home theater, private gym and putting turf.

“This $38 million penthouse is truly the jewel in the crown of Millionaire’s Row,” said Edgardo Defortuna, President and CEO of Fortune International Group, the exclusive broker of 57 Ocean. “There is nothing like it on the market in the area, and we are thrilled to be innovatively showcasing it virtually to the world for the first time. The home’s connection to the ocean is unparalleled -- as is its private, resort-like feel in the epicenter of this tranquil, family-friendly neighborhood.”

57 Ocean is located at 5775 Collins Avenue on Miami Beach and is expected to be complete in 2021. The luxury condominium features two-to-four-bedroom residences starting at $1.5 million.

Renderings and video via DBOX.

For more information about 57 Ocean, private showings or purchasing/ leasing information please fill out the form below:

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