logo
search

Notable Sales

Real Estate News

$60 million penthouse sale at Faena House breaks Miami record

by , October 08, 2015

The single most expensive single family home ever sold in Miami has sold before the end of September 2015.

A buyer, whose identity remains a secret, purchased the penthouse unit at Faena House for $60 million. It was originally listed for $50 million in 2013, but went in contract in April of 2014, thereby raising its price.

The unit itself includes 12,500 square-feet of interior space, plus an additional 10,000 square-feet of exterior space, which was customized by the buyer. The unit also includes a 70 foot rooftop pool, with stunning views of the harbor, the ocean, and downtown Miami.

As far as the rest of the Faena House, over half of the 42 units (reduced from 47 due to combining rooms) in the building have already sold.

The previous record for the msot expensive single family home sold in Miami was a 30,000 square-foot home in Indian Creek Village, which was sold for $47 million in 2012.

 

Source: thenextmiami.com

Photo credit: thenextmiami.com

Contact us

I agree to be contacted by Condo Black Book LLC via call, email, and text. To opt-out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply. Terms of Use and Privacy Policy

The insider's guide to Miami condos

Find the right condo in the perfect neighborhood

Sign up now

Get news and updates delivered to your inbox

Featured Condos