Miami Condo Market and Lifestyle Updates
Four Seasons Residences Penthouse Shatters Miami Sales Record

Four Seasons Residences Penthouse Shatters Miami Sales Record

by Sep Niakan | July 22, 2013

         Four Seasons Residences in Miami

After briefly break another Miami record in August 2012 (a $15 million condo; the highest on the market at the time), the Four Seasons Residence has smashed yet another record in the Miami housing market: the highest amount paid per square foot in the Brickell corridor. An unnamed, yet renowned, European tennis player recently purchased a $5.2 million penthouse on the 70th floor of the Four Seasons Residences, at a footage cost of $1,500 per square foot. The purchase made the penthouse the most expensive unit in the building at up to three times the average square-footage cost for housing in the area.

Indeed, real estate prices for other residential units in neighboring buildings sit between $500 and $1,000 per square foot. And as Brickell continues to impress with its booming local economy, the celebrity buyer has expressed being confident that the unit will gain significantly more value over time. Given that the seller, a Miami-based spinal surgeon, originally purchased the unit eight years ago for the kingly sum of $4.15 million, it is likely that the tennis star’s faith is well placed.

And what did our nameless superstar gain from his record-breaking purchase? For starters, a residence at the uppermost point in the tallest tower south of New York City. The penthouse itself is 3,452 square feet with a master suite, room-sized bath, and hotel-styled amenities such as daily housekeeping and unlimited spa access.

Recent posts


7 Must-Do Pre-Halloween Events

by Sep Niakan | October 13, 2016

I know Halloween’s around the corner and it’s a given it will be the highlight of everyone’s social calendar. Miami’s Fall calendar is full of exciting events and here’s the low-down on how you can enjoy the run up to...

Real Estate News

With Approved 960-Foot Brickell Market Place, a Headache for Brickell Heights?

by Sep Niakan | September 27, 2016

Claro Development’s latest at 10 SW 8th Street is going to be a tall order, literally! Fresh-approved by the FAA, the Brickell Market Place is set to rise up to 954 feet above ground, or 960 feet above sea level. Approved after a seven-month...

Real Estate News

An Edgewater Miami Hotel Joins the Micro-unit “Tiny Homes” Trend

by Sep Niakan | September 26, 2016

Come year-end, Miami’s Edgewater neighborhood will be home to one of Best Western International’s first boutique hotel brand offerings - Vib. Best Western’s chosen only 20 key urban markets (including Miami) across North America to...

Real Estate News

Skyrise Miami: Future Tourist Destination and Hard Pill to Swallow for Miami Locals

by Sep Niakan | September 23, 2016

The Berkowitz Development Group, describes SkyRise as their “abstract version of the Statue of Liberty”. Approved in 2014, this R-shaped structure is being built in tandem with the revitalization of Bayside Marketplace. The tower will be...