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

Real Estate News

Miami Luxury Condos: Q2 Report June 2017

by Sep Niakan | July 19, 2017

Miami Luxury Condo Report Overall Market Summary City and Neighborhood Luxury Condo Reports             Miami Beach Luxury Condo Report                    ...

Lifestyle

Miami for Wine Lovers Part 1: Top Wine Tastings and Events

by Sep Niakan | July 18, 2017

Who needs Napa Valley when Miami has a flourishing wine culture? This series of blogs is dedicated to all the wine lovers in Miami. In this part, we are covering events and tastings across the city that will acquaint you with wines from around the...

Lifestyle

Editorial: Traffic-Busting Transit-Oriented Development of Condos and Apartments in Miami

by Sep Niakan | July 18, 2017

We are all familiar with the pain of Miami’s current traffic situation. But, our prayers are finally being answered! The long-time need for transit-oriented development is being addressed, with almost nine projects on the drawing board and one...

Real Estate News

Brickell Heights Has Arrived! A Review of the Condo and its Amenities (Photo Blog)

by Sep Niakan | July 18, 2017

Brickell Heights Has Arrived in Style! Brickell heights started closings in June at a rapid pace, and so far I have seen and heard nothing but good things about the building and have had great experience with the staff and management there. That...