Miami Real Estate a Growing Preferred Currency among Billionaires

    More Billionaires will Call Miami Their Home

An increasing number of savvy investors and billionaires keep acquiring real estate currency in Miami. Developers have noticed that and consequently are building ultra luxury waterfront properties tailored for the wealthy investor.  

Consider for instance the 60-story Porsche Design Tower Miami in Sunny Isles Beach. Already 85% sold, the condos, whose price tags start at $6.1M and range as high as $32.5M, reportedly count two-dozen billionaires among the buyers. Those moving in will join the likes of Micky  Arison, Norman Braman, Jorge Perez, Edward Lampert, and a handful of other billionaires who have called Miami home for decades. As or 2013, there were approximately 24 billionaires in South Florida not including the many mysterious international billionaires who often go unnamed in mega-residential purchases.

Regalia, another project in Sunny isles is also practically sold out with only 4 or 3 floors left meaning your unit there occupies an entire floor. Regalia residents get ultimate privacy plus literal 360 degrees of the cityscape and the Ocean. Owners will enjoy more than 7,600 square feet of livable space; 5515 interior square feet and 2,100 square feet of a spectacular wrap-around balcony. The units feature floor to ceiling glass walls framing the dramatic unobstructed views. Prices at Regalia begin at almost $9M.

For the ultra wealthy, the prices in the Porsche Tower could look downright modest compared to Manhattan, where iconic apartments like those at 15 Central Park West might start at the high end of that range.

Call me now to schedule a complete presentation of any project in Miami. For Reservation please contact me at 954.254.6085 or email me atJuanSolerRealtor@gmail.comTime is always of the essence but much more in Pre-construction. Don't miss this window of Opportunity!

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