I was recently reading about the explosion of luxury high rise condo buildings in Miami and thought it was pretty amazing how this market has bounced back after the recession. Apparently there are a large percentage of cash purchases and cash deposits preconstruction. Much of this is fueled by foreign investors who see this as a safe place to put their money. The most amazing thing I read about is the Porsche Design Tower in Sunny Isles Florida. It is a 60 story building with 132 units and each of the units will have an elevator for their car. You don’t have to leave your car until you are in your apartment. I thought that was amazing. Once parked you will be able to see your car from your living room. The robotic parking garage allows you to park 2 to 4 automobiles right outside your window. The property will also feature private balcony pools and an in house auto mechanic’s shop. Units start at $4,000,000 and completion is not planned until 2016.
Other competing buildings are offering luxury amenities like theater rooms, specially ventilated cigar smoking rooms, enclosed community dog run areas and 24 hour maid and butler service, but I think the elevator for your car takes the cake.