Penthouse At Reach Brickell City Centre Sells For $5 Million
Swire Properties has sold a Penthouse at Reach Brickell City Centre.
De Aqui Soy Usa LLC paid $4.945 million for Unit PH-4303 earlier this month. The LLC is controlled by Adriana Selene Estrada Vazquez and Javier Enrique Flores Cortes.
According to a floor plan from the developer web site, the interior includes 3,335 square feet of space, equating a sales price of $1,483 per square foot.
The unit includes 3 bedrooms and 4.5 bathrooms. There is also 1,552 square feet of balcony and terrace space, with an outdoor hot tub and kitchen.
This has to be the most uninspired penthouse floor plan I have ever seen.
No way this holds its value down the road.
Cool
Seriously, Reach is becoming the “gotta have” status, my unit rented in 1 day on the market.The finishes and quality of construction is excellent.
$1,483 PSF in 2017 is an awesome value for Brickell but so is this new home. In 10 years, we’ll look back to see what a super deal this was. bit.ly/MiamiCondoDeals
LOL, spoken like a true broker.
You are correct. People don’t realize that Miami is the 2nd fastest growing city after Seattle. The report just came out today. In 5-10 years people will realize how cheap some real estate is compared to more depressing cities. The naysayers are the ones that can’t afford real estate now, nor in the future.
Where did you read about the fastest growing cities?
I’m interested in reading.
Thanks in advance
So this justifies more than triple the cost of the market as a “deal”? Would $1500/foot be a deal in New York?