Brickell Flatiron Reaches 85% Sold After Penthouse Sells For $13.2 Million

A three-story penthouse unit at the 64-story Brickell Flatiron has been sold for a record-breaking $13.2 million, the developer of the project announced.

CMC Group says that the sale is the most expensive in Brickell since 2007, when they sold a unit at Bristol Tower for $13.9 million.

The record-setting penthouse was combined with an adjacent unit to create a three-story condo with 7,850 square feet. It has a total of six bedrooms and 6.5 bathrooms, a den, office, and family room,with 20-foot high ceilings and private elevator access to all three levels. A private rooftop deck with a pool, summer kitchen and changing rooms is also included.

Brickell Flatiron has now reached 85 percent sold. Construction has reached level 55, with one floor being poured per week and top off scheduled for mid-December.

“Brickell Flatiron’s central location and family-sized units have attracted savvy buyers who think long-term,” said Vanessa Grout, President of CMC Real Estate. “Many plan to make Brickell Flatiron their primary residence, taking full advantage of the now-famous Brickell lifestyle. At more than 85 percent sold, we can see the finish line and we’re looking forward to topping off the building later this year.”

The buyer is from a major U.S. city, and 80 percent of sales are now to local and domestic buyers, compared to 70 percent from Latin America at this time last year.

Karen Elmir of the Elmir Group and Brett Firestone of Florida Capital Realty represented the buyer. The developer was represented by Adriana Brito of Fortune Development Sales.

Completion is scheduled for summer 2019.

 

 

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Anonymous
2 years ago

Wow….when I see a sales price like this for a brickell condo I realize that Miami is on its way to being a major force as an important city and I hope this means that the next wave of development will be office towers to support an influx of higher paying jobs … not just dependent on hospitatiliy

Anonymous
2 years ago

Hey, if you have the money spend it! You can’t take it with you when you die. I’m happy for the person who got it.

maimiFranky
2 years ago

spoke to a power broker on Wall streetand he said yesterday he feels the exodus out of NYC to MIA #305 !! its true!!

Anonymous
2 years ago

Good.. Miami desperately needs more English speaking people.

Anonymous
2 years ago

Epic. This will be one of the best buildings in the area. Quality over quantity (ehem…Related).

Anonymous
2 years ago

Haha and people said it wouldn’t happen. Just wait till One River starts

Anonymous
2 years ago

One River Point is B.S.

Anonymous
2 years ago

… says a guy who cannot afford to live there.

Anonymous
2 years ago

If I could, I sure as hell wouldn’t buy to live in it.

Anonymous
2 years ago

The Market has spoken.

Anonymous
2 years ago

its asking where one of its idiots went.

Anonymous
2 years ago

that was me and I’m very happy with my purchase

Polo
2 years ago

Are the top floors going to have 20-foot high ceilings? The tower now is on level 55. However, when you look at it from I-95 or SR 836 heading east, the tower look well below the height of the SLS Lux which is 648 FT tall.

Anonymous
2 years ago

$1770/sq ft!

maimiFranky
2 years ago

phenomenal, boutique, private, building… SLS has hotel component, not comparable in any way..

Anonymous
2 years ago

nice