This is one for the record books. A 12,516 square foot, eight bedroom penthouse apartment in the newly developed Faena House on Miami Beach sold for a record $60 million or $4,794 a square foot. The sale eclipses the previous record of $27 nillion or $3,342 a square foot. The penthouse features a 70 foot […]
Brazilian luxury hotel and restaurant brand Fasano has announced that it will operate the Shore Club in Miami beach. The property is to redeveloped and be called Fasano Hotel & Residences at the Shore Club. It is expected the new Fasano property will be open by the end of 2017. Image courtesy of fasanoshoreclub.com .
A 3,572 sq. ft. penthouse on the 39th floor at the Setai has been listed for sale for $15 million or nearly $4,200 a sq. ft. The condo unit features three bedrooms and three bathrooms and has some of the finest views on Miami Beach. For further information write firstname.lastname@example.org.
According to a Knight Frank survey over the last six months Miami luxury real estate appreciated 22% in value ranking it first in the world in comparison to other cities. No other city surveyed saw appreciation in the double digets like Miami.
Brazilians are number one. That is number one in searches on websites for Miami real estate. Following Brazilians on real estate website searches is Columbia, Canada, Venezuela and Argentina according to a report from the Miami Association of Realtors. Miami ranks third behind New York and Los Angeles in searches by non-US potential buyers.