November issue: Florida ultra-luxury real estate highlights
Presented by the Florida real estate lawyers at Rabideau Klein
$5M-Plus Single Family Homes: Oceanfront Gem on Treasure Coast Brings $29M
An oceanfront gem on the Treasure Coast brought $29 million, ringing up the largest sale of an advertised single-family Florida home. The listing was presented by Susan Turner of The Corcoran Group just one month prior to its closing. The Jupiter Island 8.5 square-foot home located at 127 S. Beach Road brought its asking price of $29 million.
$5M-Plus Condominiums: 8 Penthouse Contributes to Sales Surge
According to the MIAMI Association of REALTORS, Miami residential sales surged in October, exceeding record activity in 2013. Case in point, the largest advertised luxury condominium sale last month was located in the Beach House 8 boutique condominium on 36th and Collins, the iconic Miami Beach building known for its abstract arrangement of shifted frames.
Florida Multimillion Dollar Market Brief
Each issue reports on the advertised Florida real estate activity for the prior month in the category of utra-luxury residential sales and listings of single-family homes and condominiums priced at $5 million or more. The information reflects all data entered by the last day of the prior month. When a sale or listing for that month is posted after the last day of the month, that information will be rolled into the following month’s report. The Florida Multimillion Dollar Market Brief reports on real estate with residential property such as single-family home, condo, co-op and townhouse types, and does not include land-only, multi-family homes, and mobile home types.
All information contained in the report is deemed to be reliable, but is not guaranteed. Neither Rabideau Klein, nor any of its employees makes any representations or warranties as to the accuracy of its contents.