Archive for the ‘Big Ones’ Category

Nearly Three Years Later, Apogee South Beach Penthouse Sells for About Half its Original List Price

Friday, April 15th, 2011

After lingering on the market for almost three years, the Apogee Penthouse in South Beach closed for $11.5M yesterday (April 14). Originally listed for $22M in July 2008, owner Peter Fine paid $15M for the ultra-luxury condo property in February 2008. The buyer is Yulia Solodova for Apogee 702, LLC. Fine produced the Tony Award-winning musical […]

Miami Beach Luxury Real Estate: 2010 Waterfront Home Stats

Monday, January 10th, 2011

In 2010, there were 51 waterfront sales in Miami Beach. The average Miami Beach waterfront home sold for $710/square foot. The high sale for 2010 was 88 La Gorce Circle on La Gorce Island, which sold in June for $16M. The Miami Beach luxury home market was fueled by many pro athletes either buying or sellling.

Miami Beach Celeb Real Estate: Seikaly and Piazza Sell

Tuesday, December 14th, 2010

Wow.  Ok. Two (former) professional athletes sell their Miami Beach real estate. Rony Seikaly, a retired basketball player, sold his stunning lower North Bay Road manse to Brightstar CEO, Marcelo Claure.  The approximately 9,300 sf home, built in 2005 and sited on a 26,500 sf lot, was sold to Claure for $11.5M.  The house was not listed with a […]

Miami Beach Real Estate: A Six-Year Retrospective of the Miami Beach Condo Market

Tuesday, August 17th, 2010

I haven’t been around much lately; the reason for that will become apparent very soon. In the meantime, this post was inspired by an email from a consumer who wants to buy a Miami Beach condo and asked me for some insight. Since I didn’t readily know the answer to the question (and I usually do), I figured it was time […]

Miami Beach Luxury Real Estate Percolates; La Gorce Island Estate Sells for $16M

Friday, June 11th, 2010

The big sales in Miami Beach keep rolling on in.  On the heels of a $15M sale at Setai South Beach and A-Rod’s $7.4M land purchase on N. Bay Road, 88 La Gorce Circle, on gated La Gorce Island, closed today for $16M. The home, which was built in 2008, has 17,200 interior sf, 10 bedrooms, two docks, and a […]

Miami Beach Real Estate- Has A-Rod Finally Stepped Up? $7.4M Acre of Land on Celeb-Studded N. Bay Road Sells

Thursday, June 10th, 2010

A-Rod has been looking for a place on Miami Beach for years- pre-Madonna, post-Madonna.  At one time he had Shaq’s Star Island home under contract, the estate that Naomi Campbell’s beau, Vladislav Doronin, bought about one year ago. The parcel of land, which is 46,690 sf, has 230 linear ft. of prime, wide-bay waterfrontage and spectacular, unobstructed views of downtown Miami.  The […]