Santa Maria Penthouse Back on the Market – $14.9M

October 11, 2010

As you may recall, Penthouse 4901 at Santa Maria was a bank-owned foreclosure that came onto the market this past May at an asking price of $12.9M.  Later that same very day, the status of the listing changed to “closed sale” and showed a purchase price of $11M, or $1100 per square foot.  Earlier today, I noticed that the amazing, 10,000 square foot penthouse at Santa Maria was re-listed last month, on September 10th, at an asking price of $14.9M, or $1490 per square foot.  There’s no question that Penthouse 4901 at Santa Maria is one of Miami’s most coveted luxury penthouses.  It will be interesting to see how long it remains on the market before garnering the interest of another buyer.  I’ll be sure to keep the penthouse on my radar and report the sales price after it closes.

View additional pictures and listing information for Santa Maria PH4901.