Miami Luxury Penthouse Sales Heating Up

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by Alex Finkelstein
International buyers of Miami penthouse condos have plunked down almost $13 million since April as the luxury sector hits a hot selling streak.
“Sales of these upscale condo penthouse residences are a sign of the increasing wealth in Miami and an understanding of what our city offers,” Veronica Cervera, CEO of Cervera Real Estate, says in a news release.
“The diversity of the clientele also shows that each month Miami becomes more international,” she says.  Total April and May penthouse sales were $12.7 million.
The condominium penthouses sold in the last two months by Cervera Real Estate included a two-story Epic Tower penthouse located at 200 Biscayne Boulevard Way, the Marquis Residences located at 1100 Biscayne Boulevard, 500 Brickell and the Plaza both located on Brickell Avenue.

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