Penthouse Contracted with Record Numbers
by Sep Niakan | May 02, 2014
The Faena House, designed by the illustrious Alan Faena, listed the penthouse for a record $50 million in November 2013, and is now under contract.
A Faena executive and the broker representing the buyer state that a deal was reached for the sale of the duplex penthouse at Faena House. However, the buyer's name and price were not disclosed.
The Miami Beach unit was first listed in November 2013 with a record asking price. Sources say the penthouse's sale will break the record for the price of market contracts once it closes. The current record is $27 million for the sale of a condo unit in the Setai Resort and Residences in January 2013.
The Faena penthouse boasts over 8,200 square feet of interior space, approximately 10,000 square feet of exterior space, plus five bedrooms, five bathrooms, and a 70 foot rooftop pool with ocean views.
According to Faena Group executive vice president Alicia Goldstein, the condominium section of the Faena building in Miami Beach is now completely sold out.
Photo credit: Courtesy of Faena House - faenamiamibeach.com
by Sep Niakan | January 22, 2017
Welcome to the month of love! February’s here, and it’s time to get into celebration mode once again. With Valentine’s being the highlight of the month, Miami’s got a mixed bag of events that will help singles and couples...
by Sep Niakan | January 12, 2017
According to thenextmiami, a petition involving a 15 by 75 feet alley has sparked speculations that a brand new hotel could be coming to Edgewater. Why? Simply because this alley comes attached to a 7,875 sq. ft. plot located at 348 Northeast 20...
by Sep Niakan | January 09, 2017
Ever tried driving from Brickell to Downtown Miami for lunch? Most Miamians dread the thought of catching the dreaded drawbridge, which opens every hour or half-hour during non-curfew hours to allow river traffic to pass under. So what’s...
by Sep Niakan | January 08, 2017
Last year’s headlines weren’t too kind to Miami with hurricanes, Zika warnings and falling sales painting a dark picture. However, with the elections finally done with, there are plenty of reasons to be optimistic about 2017: 1. ...