Miami's luxury condos have always been recognized by their extravagance, elegant design, exclusivity and not to mention, their price.
The boutique Faena House condo in Miami Beach, built by the developer Alan Diego Faena is the perfect example of that description!
This 18-story tower located at 3315 Collins Avenue, offers an extensive and unique list of amenities such as, an oceanfront fitness center, a lounge and play room for kids, private beach and a beach club, a private spa with steam and sauna, smart building technology, 2 pools, and much more! With 47 units and only 4 per floor, the privacy is one of the main characteristics of this condo.
According to the Wall Street Journal, the Faena House condo has now the highest price record in the entire state of Florida!
The big question mark here is how much was the closing sale price... The surprising answer is $60 million, which was $10 million over the listing price!
Bought by the fund executive billionaire Ken Griffin, this penthouse has all the features you would ever wish to have. Starting with the fact the unit has been customized for the buyer and has the entire top floor for itself, with a second residence on the floor below (which was the reason of the price increse), and with over 7,300 Sqft living area. This purchase was the biggest sale in the United States in 2015.
This condo offers everything a Miami condo buyer is looking for, and even more! You could be neighbors with an extensive list of celebrities, among them, Kim Kardashian and Kanye West, who just bought a $14 million condo at the end of 2018!
How much would it cost to move in?
There are a variety of prices that range between 2.5 million for a 1bed/1bath, to 16.5 million for a high floor. But if you aren't still ready to make this big investment, there are also renting options that go from a $35,000 per month for a 2 bedroom to $60,000 for a 4 bedroom unit.
Even if the Faena condo has still the state's price record, there is a new penthouse at the pre-construction Eighty Seven Park that has a listing price of $68 million! If we find a buyer that is willing to pay full price, we will beat the actual rank. But for today, the first place goes to the unique penthouse at the Faena tower.