6 Bedroom Penthouse at Jade Beach Goes Under Contract – Asking Price $11M

June 15, 2010

Yesterday, the spectacular 6 bedroom/7.5 bath penthouse at Jade Beach went under contract providing additional evidence that the luxury market in South Florida is flourishing.  The 3-story penthouse has 8,210 square feet of interior and 5,791 square feet of terrace.  The asking price is $11M, or $1340 per square foot, and is being offered fully furnished.  No word yet on who the buyer might be or how much was offered.

Recent Luxury Sales within the Past 30 Days

• 88 La Gorce sold for $16M on June 11, 2010
• The Setai Penthouse B sold for $15m on June 4, 2010
• Santa Maria Penthouse 4901 sold for $11M on May 21, 2010
• One Bal Harbour Penthouse 2108 sold for $8.7M on May 25, 2010
• 40 La Gorce sold for $7.4M on June 11, 2010
• Apogee South Beach #904 sold for $6.55M on May 21, 2010
• Ocean Tower One #501 sold for $5.2M on June 3, 2010