Want to get a pulse on Miami’s ultra-luxury real estate market? A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami Worldcenter has leased for a record $36,000 per month, going from contract to lease in just 24 hours. The residence hit the market recently asking $40,000 per month, listed with Scott Lawrence Porter of ALTARA Properties. The lease is the most expensive lease ever signed in PARAMOUNT Miami Worldcenter and among one of the most expensive leases in Downtown Miami. The same week Porter also oversaw the lease of PARAMOUNT Miami Worldcenter Unit 3508, a 1,489 SF 2 bedroom residence, for $7,750. ALTARA Properties has now overseen over $2+ million of leases in summer 2022.

The show stopping PH4611 features a brand new buildout which is nearly complete and encompasses 3,995 SF spread over 4 bedrooms and 5.5 bathrooms. Penthouse 4611 offers residents picturesque sunrise and sunset views overlooking all of Brickell and Downtown Miami from nearly every room. Downstairs features direct elevator entry into a private foyer, movie theater, double height ceilings in the living room, gourmet kitchen and staff quarters with private entrance. Upstairs the master-bedroom offers direct bay views with a dropdown TV and a luxurious master-bath with built-in deep soaking tub and marble shower.The residence has never been lived in and is fully furnished with brand new top of the line furniture from select local retailers and all TV's are curved and frame televisions.

Residents will not only enjoy a never before lived in unit but also the lavish amenities at PARAMOUNT Miami WorldCenter. The tower has made international headlines with its Upper Deck which is the largest amenity deck in the U.S., spanning four acres, positioned 90’ above downtown Miami which features an extraordinary array of action-packed luxury amenities. PARAMOUNT Miami Worldcenter is the most amenitized building in the country, with access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more.

ALTARA Properties is a full service real estate company led by Managing Broker Demetri Demascus, who is also co-founder of PROFILEmiami. ALTARA Properties offers both residential and commercial brokerage and marketing services across South Florida with in-house PR, branding and marketing offered to all agents. ALTARA Properties has over $40+ million in closed transactions since launching in early 2022.

Images via ALTARA Properties, Scott Lawrence Porter & Juliano Photo