Penthouse Unit at Beach House 8 Sells for $16.66 Million

October 20, 2022

For $16.66 million, a penthouse at Miami Beach’s beachfront Beach House 8 condo sold to an LLC managed by Greg Raiff of Fort Lauderdale.

The 4,642-square-foot Unit PH at 3651 Collins Ave. was sold by Beach House 8 BH3 LLC, run by Ricardo Ribeiro Da Silva Junior in Miami, to ULA House 8 LLC, ran by Raiff. Private Jet Services Group’s owner, Elevate Aviation Group, based in Boston, is led by Raiff.

In 2016, the same year that the tower was completed, the unit sold for $14 million. For the sell price of $16.66 million, it equates to $3,589 per square foot.

This magnificent 2 full-floor penthouse overlooks the ocean expanding 5,000 square feet with an additional 5,000 square feet of outdoor space with 5 bedrooms and 5 bathrooms. The outdoor rooftop features a private pool with 360 degrees of ocean and Miami Beach views. Yacht-like attention to detail can be seen in the joinery in the staircase and the woodwork in the main hall.

The modern kitchen with quartz counters and high-end stainless steel appliances flow effortlessly to the living room with an abundance of natural light and high-impact floor to ceilings windows.

The master bedroom suite, which takes up an entire floor, has its own spectacular outdoor spaces as well as an opulent bathtub. A staffed beach, a residents’ pool with cabanas, indoor and outdoor lounges, an underground garage, and a fitness center are among the amenities located downstairs.

The tower was created by the renowned architectural firm Arquitectonica and features interior design by Michele Bonan from Italy. One of Miami Beach’s most upscale condos on the water, Beach House 8 features just eight units.