Ritz-Carlton’s Swoon-Worthy, $21M Penthouse in the Sunshine State
In Miami, luxury real estate sales are as strong as the warm Florida sun. Case in point: this impossibly posh pre-construction Ritz-Carlton Residences penthouse that recently sold in Sunny Isles Beach for a record setting $21 million.
Encompassing an entire level of the Arquitectonica-designed skyscraper, the penthouse represents quintessential coastal elegance from its perch on the 51st floor. The five bedroom home offers 7,735 square feet of sprawling luxury plus an additional 3,560 square feet of outdoor living space afforded by a terrace replete with a summer kitchen, private garden and infinity pool – all the better to drink in the penthouse’s breathtaking water views.
“Since our launch earlier this year, sales have been strong and the project has been very well received,” said Edgardo Defortuna, CEO of Fortune International Group who joined forces with Château Group to bring the project to Sunny Isles, Florida. “This significant penthouse sale reinforces the appreciation the sophisticated buyer has for the product, as well as The Ritz-Carlton brand.”
At the completion of the project set to break ground in 2016, 212 additional 2 to 4 bedroom residences ranging from 1,605 to 3,640 square feet will join the penthouse. Anticipating a 2018 completion, The Ritz-Carlton Hotel Co. will manage the property and afford its residents legendary service, quality and inimitable personal touch the brand is known for.
An exclusive enclave tucked between the Atlantic Ocean and the Intercoastal Waterway; Sunny Isles Beach’s beautiful white sand, world-class shopping, luxury hotels and noteworthy restaurants have put it at the top of the short list for Florida real estate investors. Combined with Sunny Isles’ convenient location to Miami International and Ft. Lauderdale-Hollywood Airport, as well as impeccable service synonymous with Ritz-Carlton, it would seem that there’s a brand new jewel in Florida’s crown of coastal elegance.