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.