The Miami Real Estate market is definitely picking up! APOGEE penthouse just sold for $11,5 Mill in South Beach, FL

The Miami Real Estate market is definitely picking up! APOGEE penthouse just sold for $11,5 Mill in South Beach, FL

The days where only the lower end homes "move" off the market seem to be over. Last month, a gorgeous penthouse sold in the ueber luxurious APOGEE which is located on the south tip of Miami Beach, an area also know as SOFI (South Of FIfth).

It was on the market for almost a year. This unit was originally listed for $16Million and ended up closing for 18% lower.

The fact of the matter is, IT SOLD!

Another, even bigger transaction took place on Star Island with the recent sale of an amazing estate for $25,500,000.

This "castle" was on the market for less than 60 days with an original list price of $32,000,000 which is 20% higher than for what it sold for.

A Russian buyer can call himself the owner of a Star Island Estate which shows that Europeans are still one of the strongest buyers here in Miami Beach, FL.

Things are looking up in the Miami Real Estate Market despite of the the doom and gloom reports.

Numbers DON'T LIE!!

I am confident that this momentum will pick up speed and if you are looking to buy, rent or sell a home in Miami, let me be your Realtor® in order to fulfill your dream in owning a little piece of paradise in South Florida!