Arte Surfside Has Sold Over $59 Million In Condos Over The Past Month (Ivanka & Jared Are Renting There Too)

Arte, the 16-residence Surfside condo building designed by Italian architect Antonio Citterio, has seen strong sales lately – and a high profile rental.

A total of $59 million worth of condo units have been sold in the past month.

A buyer from New York in private equity paid $33 million for the building’s penthouse unit last month.

The penthouse sales price works out to about $4,300 per square foot, a new record for Surfside.

Developers of the building also announced they have recorded two additional sales this month.

Residence 202, with 6,961 square feet of interior space, was sold fully furnished by Artefacto for $16 million to a West Coast buyer, at full asking price.

Dean Bloch, the in-house Sales Executive for Arte, from Douglas Elliman represented the seller. The buyer was represented by Chad Carroll of Compass.

Residence 501, with 3,925 square feet of interior space, sold for $10.2 million to a buyer from New York. The buyer paid $250,000 over full asking price.

Tara West of Douglas Elliman, the exclusive marketing and sales agent at Arte, represented the developer in the sale. The buyer was represented by Eklund Gomes Miami.

Ivanka Trump and Jared Kushner recently rented a condo in the building temporarily while they build a home on nearby Indian Creek Island, according to the WSJ.

Representatives of the developer were not aware which unit was being rented by Trump and Kushner, but unit sizes in the building range from 3,150 to 7,550 square feet.

Alex Sapir and Giovanni Fasciano are the developers of Arte.

 

Newly sold unit 202, furnished by Artefacto:

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Anonymous
11 months ago

What an exquisite building.

Anonymous
11 months ago

Jared and Ivanka, bought the Indian Creek property for 50 million from Spanish singer Julio Iglesias, now they are building their permanent Home in Miami, and renting a unit in Arte Surfside. Welcome to Miami.

Anonymous
11 months ago

“while they build their home…” …haha…people here are so gullible. Dummy state. Sure, they are waiting to cash out all that fake PAC money they raised from their poor (literally) ‘fans’. They collected it to ‘fight’ for them. ROTFL, still.

Anonymous
11 months ago

“Poor (literally)”… man TDS sufferers are such pretentious snobs. Good to know that all Democrats are rich millionaires. Let’s tax the rich!!!

Anonymous
11 months ago

Maybe they should just move somewhere else..

Anonymous
11 months ago

They won’t be able to spend a night in it

Anonymous
11 months ago

Soon they’ll be in jail so I hope they enjoy FL while it lasts!

Bobby
11 months ago

Says the anonymous poster.

Remind me what laws they broke again?

Anonymous
11 months ago

Remind me how are you a suck up to them?

Anonymous
11 months ago

They have not been accused of any wrongdoing so it’s all political motivated ?

Anonymous
11 months ago

Being related to the first postmodern President that said no to globalist cuckdom and exposed every career politician as a shill.

Anonymous
11 months ago

Jealousy can make some people so touchy. But in this case, it’s making some people ignorant and stupid