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$55 Million Penthouse Hits the Market at Mansions at Acqualina

January 11, 2013

Yesterday, one of the most expensive and luxurious properties in South Florida was made available for sale, hitting the market for $55 million. The penthouse, named the Palazzo D’Oro (Italian for “Palace of Gold) is located in the Trump Group’s prestigious Mansions at Acqualina, a Sunny Isles-based luxury high-rise which hosts some of the most opulent residences in the world. The apartment’s price tag came out to $5 million more than what was originally planned, owing to new renderings and renovations of the floor plan. Altogether, the Palazzo is the 2nd most expansive listing in Miami after the renowned Versace house.

Needless to say, given its almost unprecedented selling price, this veritable castle in the sky offers amenities that are unheard of among Miami Properties. The 15,000 square foot duplex includes 6 exquisitely furnished bedrooms, 8 bathrooms, a 3 bedroom staff quarters, and a 5,000 square foot terrace. The entire home is furnished by the world-class designer Fendi Casa.

Among its array of features are a pivoting entry wall, reflecting pool in the living room, nearly 100 foot long master suite, disappearing glass walls, a 25-foot waterfall, 2 outdoor kitchens, cantilevered glass bottomed swimming pool and Jacuzzi, indoor/outdoor screening room, wine room, private spa with hydrotherapy pools, private glass elevator, grand staircase, and billiard room. The suite also includes a unique such unique features as a “sky garden” with towering 30-foot ceilings and a “green wall” composed of live plants.

Mansions at Acqualina is a 47-story waterfront condominium located on 17749 Collins Avenue. It contains 79 luxury residences, 42 of which have sold within the first 6 months of their listing, for a total of $200 million in sales. If the Palazzo sells at its full asking price, it would be the largest residential transaction in Miami-Dade County’s history. Metro 1 Properties is the leading purveyor of luxury residences in Miami.

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