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A South Beach penthouse located at 321 Ocean Drive once listed for listed for sale for $53 million just sold for $26 million. At one time this was South Beach’s priciest residence available for sale. The sellers re listed PH with Douglas Elliman and reduced the asking price to $34 million in August 2017. As per records, the sellers purchased the Miami Beach penthouse at pre-construction for $20 million in 2013.

The stunning 6,800-square-foot two-story residence, boasts a private 5,223-square-foot roof deck with a 36 foot infinity pool, outdoor kitchen, fire pit, and massive entertaining space with 360 degree views of the ocean & city.

Miami Beach Penthouses for sale
321 Ocean Drive is a luxury boutique oceanfront property, completed in 2015 and was designed by Enrique Norten located in the in the posh coveted South of Fifth district of Miami Beach.
View a current and detailed list of all Miami Beach Penthouses for sale today

The Realdeal Magazine reported that billionaire hedge funder John Liew and his wife Serena just purchase a South Beach Condo at Apogee South Beach for $13.5 million about $3,600 per square foot.
John Liew is the co-founder of AQR Capital Management, a private hedge fund firm based in Greenwich, Connecticut. Forbes pegs his net worth at about $1.25 billion.

Records show 1604 Apogee Corp. is the seller of unit 1604, a four-bedroom, 3,731-square-foot residence located at 800 South Pointe Drive. The property was listed for sale in January for $14.5 million with Bo Mastykaz with Douglas Elliman. Liew was represented by Elliman’s Eloy Carmenate and Mick Duchon.

The condominium features include a 2,400-square-foot wraparound balcony with an outdoor kitchen, marble bathrooms, wood finishes and a chef’s kitchen, and spectacular views of the Ocean, bay and the Miami Skyline.

This latest sale is part of a wave of recent record breaking sales at Apogee, a very exclusive, ultra-luxury 22 story Miami Beach condo property with only 68 units. In March, two units sold for $12 million and $14.8 million.

See a detailed and current list of luxury Miami Beach Condos for sale including properties in the surrounding South of fifth neighbourhood such as Continuum South Beach.

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