Miami Condo Market and Lifestyle Updates
Bath Club Project Asks $50 Million for Custom Penthouse

Bath Club Project Asks $50 Million for Custom Penthouse

by Sep Niakan | September 16, 2014

A developer is attempting to reestablish a new pricing peak for the luxury condo market in Miami.

Don Peebles is creating his all new Bath Club Estates project with an asking price of $50 million for a five-bedroom, 9,200 square-foot penthouse that includes an additional 9,000 square-feet of outdoor space. The unit will be the second in the city listed at $50 million. A penthouse at Faena House was listed for the same price.

Any purchaser of the Bath Club penthouse will have the ability to develop their own custom unit layout. Units will also include a porch that wraps around the outside, giving views of the ocean, downtown Miami, and Biscayne Bay. A home theatre, private elevator, and private rooftop terrace with a pool are included as well.

Chris Leavitt, Real Estate broker for the project said, “There’s a very high demand for these types of properties.” He believes that Peebles’ plan for this condo will be successful.

 

Source: therealdeal.com

Photo credit: The Bath Club  thereznikgroup.commiamicondoinvestments.com

Recent posts

Opinions and Advice

Miami Pre-Construction Frequently Asked Questions

by Sep Niakan | May 22, 2017

How much is the fee to have a knowledgeable and licensed Miami real estate broker help me select the right property? How much of my money does developer use during construction? What are the penalties if I decide to cancel my pre-construction...

Opinions and Advice

Comprehensive Guide to Buying a Pre-construction Property or Condo in Miami

by Sep Niakan | May 22, 2017

Why You Need to Read This Miami Pre-construction Condo Guide Miami Pre-Construction Phases How to Negotiate the Best Miami Pre-Construction Deal How to Finance Pre-Construction Property Closing Costs for Pre-Construction...

Lifestyle

Save the Date for these Stellar June Events in Miami

by Sep Niakan | May 20, 2017

With summer here, Miami turns up the heat with the hottest events lining up for the month of June. You can find a new way to spend each day, whether it's catching up on international cinema, going on a food-eating spree, or peering over the...

Lifestyle

The Top Ten Highest-Rated Restaurants in Miami

by Sep Niakan | May 14, 2017

It’s no secret how Miami’s local food scene is going global with innovative restaurants populating the landscape. We’ve got locals to tourists and even celebrities raving about how Magic City's culinary scene has grown leaps...