One Miami Beach’s most sought after penthouses, located atop 321 Ocean on Ocean Drive in the South of Fifth neighborhood, has sold for $26,000,000. The closing was on Friday, May 11 and represents the highest priced residential condo real estate deal for Miami-Dade in last 12 months and highest priced condo sale in South Beach since 2014.
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EWM's Riley Smith and Maria Loughlin Close Record Sale At Oceana Key Biscayne
Last week EWM Realty International’s Riley Smith and Maria Loughlin of The Riley Smith Group announced the record breaking sale of Oceana Key Biscayne NO. 1101S for $7,350,000, the most expensive condo residence sold on Key Biscayne since 2015 (November 17, 2017). The unit spans 4,080 SF spread over 4 bedrooms, 7 full bathrooms and 1 half-bath.
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Tour the W South Beach Penthouse That Just Set The Bar For 2017 Condo Sales
A penthouse at W South Beach just sold for $10.2 million, setting the bar for 2017 condo sales as the highest sale per square foot this year (2017) at $3,502 SF. The residence is 3 bedrooms and 3 bathrooms spread over 2,912 SF with an additional 3,000 SF of outdoor space. The Yabu Pushelberg designed unit features quartz counters, marble bathrooms, Creston smark home system and Lutorn lighting. Outdoors the unit also features a private lap pool, hot tub and lounge area overlooking the beach. The unit was listed with Farid Moussallem and Miltiadis Kastanis of the Miami Lifestyle Team at Compass for $15 million and the buyer was represented by Luis Gonell of Engel & Voelkers. Enjoy the photo tour below.
