Ultra-luxury pays off in new record sale | Miami’s a bargain
By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
ST. REGIS: WHY IT PAYS TO BUY THE BEST The St. Regis Bal Harbour continues to pay dividends A massive penthouse recently sold for a whopping $22.75 million at St. Regis Bal Harbour. It’s more evidence of Miami’s luxury boom and the continuing appeal of St. Regis. The penthouse condo was originally planned as five units, but by all accounts it’s much better as one palatial home. With 14,000 square feet, the closing easily set a Miami record for size. (Though not price; two penthouses elsewhere recently sold for $50 million.) For Josh Stein and his clients, buying at St. Regis is a no-brainer. Several of Josh’s buyers have already surpassed $1 million in appreciation, and it doesn’t show signs of stopping. “I firmly believe that the St. Regis will continue to grow in value,” he says. “It...
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