The Top 3 Luxury Mega-listings And Sales In Miami Beach Condos 2012

Just as the heat is making temperatures soar, the luxury Miami Beach condos for sale

market has been picking up on the trend, and bolder price tags have created record-breaking sales.

The latest talk of the town is the Setai Miami Beach three-story penthouse that went for a sensational $21.5 million, which was, in fact, a considerable discount from its $27 million asking price. Nonetheless, this ocean front, three bedrooms, two-and-a-half baths, Thai-inspired home is not the only success story of the year. Coming in at second place as the most expensive Miami Beach condo sale, is the oceanfront, five bedrooms, five-and-a-half baths, two-story Continuum on South Beach penthouse. This luxury condo in the sky went for $16.2 million, from an initial asking price of $17 million. Following closely on its heels was another three-story Continuum penthouse that sold out for $15.75 million, after an initial asking price of $19.5 million.

However, those who lost out on grabbing their fair share of stellar Miami Beach condos should not feel disappointed as there are plenty of other properties worthy of consideration, of which were featuring the top three. The top contender on our list of most expensive listings for 2012 is a Continuum on South Beach, oceanfront penthouse, spread across four levels, with an asking price of $39 million. This luxury residence offers panoramic views of the city and ocean and stands located in the only privately gated resort development in South Beach. Over 1200 sq. ft. of beachfront cabana and guest suites, 11,000 sq. ft. of plush interiors, over 6,000 sq. ft. of rooftop pool and deck along with other signature Continuum amenities makes it one of the most sought after Miami Beach condos.

Next in line is the Continuum South Tower private duplex, listed for a cool $35 million. This exquisite residence combines the floor space of three units, making it a king in terms of square footage. Touch panels, exclusive custom lighting, private beach pavilion, foyer entry and much more makes it a true work of art that is meant to take indulgence to the next level. Last, but not the least is the ocean-facing, 1500 Ocean Drive penthouse listed for $25 million. With five bedrooms and seven baths spread across 8,400 sq. ft. of utter luxury, 7,000 sq. ft. of deck, spa, rooftop and outdoor space as well as a driftwood color palette for a touch of warmth, this penthouse would make quite the purchase considering it is also the only one with a movie theatre in all of South Beach.

by: Sep Niakan

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