The Downtown Miami market is on fire amidst a number of building launches and splashy sales. Now the City of Miami has seen its first crypto sale of the year as Unit 5306 in Marquis Residences has sold for $7.2 million in Ethereum that was transferred to USD Coin, a digital stablecoin that is pegged to the United States dollar.
Read MoreSome Outraged Downtown Residents Have Made A Move Against The City of Miami For Ultra & Formula 1 Proposal
Not everyone can always be happy, no sooner then Miami had made strides on the world stage to host the Formula 1 Miami Grand Prix in the streets of Downtown Miami, had a group of 11 residents moved against the city. Some Downtown Miami residents have teamed up and sought legal council combatting the city.
Read MoreCLOSED: Drake's Former "Condo Up On Biscayne" Sold By Current Owner NBA Superstar Mario Chalmers For $2.3 Million
Superstar Drake’s onetime "condo up on Biscayne," famously referenced in his song "The Motto," just sold yesterday for $2.3 million in a deal represented on both sides by Douglas Elliman. Drake sold the unit, which is located in the luxurious Marquis Residences, to NBA superstar and Memphis Grizzlies point guard Mario Chalmers for $2.5 million in 2012
Read MoreFeatured Listing: Tour the Marquis Residences Duplex That is Currently The Most Expensive Rental in Downtown Miami
Unit 3106, a massive and masterfully designed duplex at Marquis Residences, has listed for rent for an astounding $25,000 per month. The listing is the priciest rental listing currently in the Brickell and Downtown neighborhoods. Unit 3106 features 4 bedrooms and 4 bathrooms spread over 3,776 SF. The fully custom unit designed by Troy Dean Interiors features wood-clad walls throughout, a second floor master bedroom suite with study, open kitchen, dining room, double-height floor-to-ceiling-glass living room over Biscayne Bay for immaculate views, and 2 massive screens against the living room window placed for viewing from the top floor and bottom floor. The unit was last sold for $2.6 million in 2014 pre-renovation. Marquis Residences 3106 is currently listed for rent at $25,000 per month with Dario Stoka of Brown Harris Stevens. Take the photo and video tour below.
Featured Listing: Marquis Residences PH6301
Park West is an area on the rise, and one of the last places in Miami where you can lock up prime real estate for somewhat reasonable pricing. Penthouse 6301 in Park West's Marquis Residences is perched high in the sky, offering unmatched views of Biscayne Bay, the Atlantic Ocean, Port Miami and Downtown Miami. This massive duplex includes 3,831 SF of living area spread over 3 bedrooms and 3 full-bathrooms with one half-bath. It features a wine cellar, chef's kitchen, exotic wood, marble and stone finishes throughout, exotic wood and marble flooring, private elevator entry and smart home technology. The unit expands to 5,331 SF with the outdoor space included, which includes a rooftop plunge pool, summer kitchen and private skydeck. Currently listed for $3,945,000 with Daniel Romanach of One Sotheby's International Realty.
Mario Chalmer's Triplex in Marquis Residences Listed for $3,200,000
Creativity can be everything in real estate. This massive nearly 5,500 SF triplex in Marquis Residences, unit 4906, is currently listed at $3,200,000. The custom built layout makes use of the two-story units to allow for double-height floor to ceiling windows with unparalleled views of Biscayne Bay, Miami Beach and the Atlantic Ocean. The unit is 5 bedrooms and 5 bathrooms complete with a billiards room, full sized cooks kitchen, media room and expansive master suite. Finished with marble flooring throughout and smart home technology. This is a rare gem in an amazing building that features the recently opened Me Miami Hotel and STK Miami steakhouse. It is linked to Mario Chalmers of the formerly of the Miami Heat. Listing and photos by Allan Kleer of Fortune International Realty Brickell Inc.