MIAMI BEACH HIGHEST CONDO SALE SINCE 2007! $9,000,000
THE FONTAINEBLEAU II PENTHOUSE CONDO
On May 14th 2010, one of the Penthouse of the Fontainebleau II Condo located at 4441 Collins Avenue, has sold for $9,000,000. The 8th highest condo sale ever recorded in the MLS in Miami Beach.
This 5 Bedroom, 4,500sq ft unit bought in July 2005 for $3,600,000 by New York Developer Baruch Singer had been listed in January 2009 for 16 million. After a couple of price reduction to $13.5 million and then $9.8 million and after 82 days sold for $9 million.
At $2,000 per square foot, this is the 4th highest amount per square foot ever recorder. The 3 first sales being PHA, 1605 and 1505 at The Setai Miami Beach.
SOLD PENTHOUSE FONTAINEBLEAU II SUMMARY:
- Listed price:
$9,800,000
- Sold Price:
$9,000,000
- $ per Sq/Ft:
$2,000 per Sq/Ft
- Assessed Value 2009:
$4.7 million
- Real Estate Taxes for 2009:
$96,000 yearly
Buyer:
Pending information
- SO WHAT IS THE NEXT MOST EXPENSIVE SALE IN MIAMI BEACH?
Penthouse PHA at the Apogee South Beach.
It s back on the Market with a reduced price to $16,000,000
Check out the virtual tour if you are curious or interested!
Tags: Miami Beach, miami beach penthouses, Miami Penthouses, south beach penthouse
