December 4, 2023

Penthouse living in Miami is hot. One tower closed on $31.62M in sales since March

| 6/1/2020

Luxury buyers continue to drop millions on condo living in Miami.

The luxury residential 64-story tower Brickell Flatiron at 1000 Brickell Plaza closed on four of its five penthouse units in the last 90 days totaling $31.62 million, said Vanessa Grout, president of CMC Real Estate. CMC Real Estate is the sales and marketing branch of Brickell Flatiron’s developer Ugo Colombo’s CMC Group. In addition to the closings, another four units have gone under contract after the pandemic, she said.

The building has 527 units and started closings in November. About 98% of its units, or 516, are sold.

More from the Miami Herald.

Florida Business News

Florida News Releases

Florida Trend Video Pick

For decades, a Florida woman had no sense of smell. Can she get it back?
For decades, a Florida woman had no sense of smell. Can she get it back?

Barbara Walker lost her sense of smell at age 21, after a car accident — just as she was starting to find herself. Barb’s loss left her with a sense that something profound was missing: “I never felt whole.” When Barb thought she might be beginning to smell again, she became obsessed.

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you believe that home values in Florida have finally peaked?

  • Absolutely!
  • No way!
  • The jury's still out...
  • Other (Let us know in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701

© Copyright 2023 Trend Magazines Inc. All rights reserved.