Miami Beach to Palm Beach Luxury Real Estate » Miami to Palm Beach Luxury Real Estate Blog http://miamitopalmbeachluxuryrealestateblog.com Luxury Oceanfront & Waterfront Real Estate Blog Fri, 09 Jan 2015 17:24:17 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 2013 Looks Promising for the Luxury Waterfront Real Estate Market http://miamitopalmbeachluxuryrealestateblog.com/2013-is-already-looking-great-for-the-luxury-waterfront-real-estate-market/ http://miamitopalmbeachluxuryrealestateblog.com/2013-is-already-looking-great-for-the-luxury-waterfront-real-estate-market/#comments Thu, 03 Jan 2013 21:35:24 +0000 Andrea http://miamitopalmbeachluxuryrealestateblog.com/?p=1017 Many real estate investors think that 2013 is going to be an even better year than 2012.

This past year, luxury homes and condominiums were outselling supply, and it looks like this trend will continue, even with many new luxury developments in the works.

A 5,803 square-foot penthouse at the exclusive Setai South Beach recently sold for $21.5 million. The luxury oceanfront penthouse was originally purchased by Netscape founder Jim Clark for $9 million in 2004.

A beachfront penthouse at the Mansions at Acqualina in Sunny Isles Beach is currently on the market for an astounding $55 million. The 15,000 square-foot duplex unit is the second most expensive luxury listing in Miami. The six-bedroom, eight-bathroom unit was furnished by Fendi Casa and features a theater, private elevator, wine room, billiard room, indoor pool, sky garden, waterfall and glass pool overlooking the ocean.

Source: Palm Beach Daily News

 

setai, south beach, miami

Setai South Beach

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