Ritz Carlton South Beach $17 million Penthouse: SOLD
Ultra luxury Oceanfront Condo’s are selling. Case in point…. The Ritz Carlton South Beach $17 million penthouse just sold! This was the crown jewel of the 86 exclusive residents being offered. The project is in its preconstruction stages with completion expected in 2010.
South Florida oceanfront condo market is very active right now, attracting international buyers. However this incredible property was bought by an American!!!
The Ritz-Carlton Club is an oceanfront property located between 29th and 30th streets on Miami Beach. It will consist of three buildings, the historically renovated Seville Beach Hotel, an all new 17 story north tower and an all-new 21 story south tower.
- Ritz-Carlton Club and Residences- One of the Sexiest Buildings in South Beach
- Miami Ultra Luxury Condos Are Selling- Resales and Pre-Construction
- New Oceanfront Condo Developer Units 2010
- Julian Lennon, Son of Beatle John Lennon Buys at The Ritz Carlton, South Beach
- Orient Express Condos and Hotel to be Built in South Beach
March 18th, 2008 at 11:26 pm
[...] of its penthouses just sold for $5 million (tell that to Ritz-Carlton South Beach, who sold one for $17 million), but we’re more excited by the design flourishes courtesy of Marcel Wanders. The former Elle [...]
March 20th, 2008 at 12:19 am
It shows that the market is not that bad, especially since it is an american who bought it.
Maybe in a few years some people will regret having walk away from their deposits? Who knows!
Thanks for sharing the information. Best regards.
FD @ Condo Hotel South Beach
March 21st, 2008 at 8:36 am
Those that are buying now see the opportunities. There will be many who wish they had. Thanks for your comments. Susan