January 21, 2013
One of the most exclusive and luxurious properties in Miami has recently become even more expensive: penthouse #2, located atop the South Tower of the Continuum South Beach, is now listed for $39 million, compared to the original price of $35 million when it was first listed in 2011. This significant increase is being attributed to the growing popularity of Miami’s properties, especially Miami Beach Real Estate.
Regardless, this veritable palace in the sky would seem to be well worth the price. Indeed, the penthouse’s size and splendor rivals even mansions – its split between 4 levels with a combined living space of 11,000 square feet, in addition to another 6,000 square feet of outdoor terraces. There are 6 bedrooms, 7.5 bathrooms, and a large guest sweet, and 10 parking spaces, more than enough to accommodate both guests and parties. The impressively high 12 foot ceilings and unrivaled oceanfront view further enhance the already spacious living arrangements. Residents can reach this one-of-a-kind suite by a private elevator. They even have access to an opulent rooftop pool, to say nothing of the Continuum’s ample amenities, which include 1,000 feet of sandy white beach, full-service beach club with furniture and cabanas, pool pavilion, fully equipped fitness center, and world-class spa.
South Pointe Penthouse is not the only world-class property being listed on the market. The remarkably lavish the Palazzo D’Oro (Italian for “Palaceof Gold), located in the Trump Group’s prestigious Mansions at Acqualina, hit the market last week for a stunning $55 million. This makes it the 2nd most expansive listing inMiami after the renowned Versace house. Like the penthouse at South Pointe, its price was also increased, owing to new renovations and additions.
Needless to say, the listing of these magnificent properties suggests a healthy real estate market. Miami has no shortage of luxurious properties of all shapes and sizes, and now is the time to take advantage of what this vibrant city has to offer. To learn more, contact Metro 1 Properties, the leading provider of Miami real estate.