You Can Now Buy Two Arte Surfside Condos for 560 Bitcoin

Arte Surfside Accepts Cryptocurrency

Bitcoin has become one of the ultimate currencies in Miami. Now more than ever, consumers are able to utilize crypto for food purchases, nightclubs, and real estate. Arte Surfside completely revolutionized the real estate market by being one of the first developments in Miami to begin accepting Bitcoin for their luxury condos.

The developers for Arte Surfside currently have two luxury units for sale for a combined price of $31 million or 560 bitcoin. According to the developers, Alex Sapir and Giovanni Fasciano have stated that offers can be made in either bitcoin or ethereum.

According to Sapir, “We were overwhelmed by the amount of calls we received from qualified buyers just after announcing our ability to facilitate cryptocurrency transactions for the condominiums at Arte. Real-world crypto transactions haven’t made their way fully into the mainstream yet, so it’s clear that top holders around the world pay attention when new opportunities to transact open up.”

One of the crypto units at Arte is listed at $18.95 million and features 6,982 square feet of living space. The second unit is listed at $11.9 million and is around 3,500 square feet. These incredible units boast oceanfront views, wraparound terraces, large walk-in closets, and high-tech entry access.

Building amenities include an indoor and outdoor swimming pool, full-size tennis court, state-of-the-art gym, yoga studio, sauna, catering kitchen, and white-glove butlers.

Arte Surfside Amenities:

  • A 75-foot indoor swimming pool
  • An outdoor swimming pool, sundeck, and poolside cabanas
  • Rooftop tennis court
  • State-of-the-art fitness center and yoga studio
  • Sauna and steam room
  • Tranquil meditation pond
  • Children’s playroom
  • Residents’ lounge with billiards and catering kitchen
  • Temperature-controlled parking spaces

Arte Residence Features:

  • Expansive terraces clad in travertine with ipe decking
  • Gracious kitchens featuring Poliform cabinetry, Italian marble countertops, and Gaggenau appliances
  • Sweeping views of the Atlantic Ocean

In June, a penthouse in Arte sold for a record-breaking $22.5 million in crypto. The type of cryptocurrency for this sale was not released. With more developers jumping on the crypto train, we can expect in the future that digital currency will eventually play a larger role in the real estate market and potentially affect how we make offers for our buyers and negotiate for our sellers.

Arte outdoor swimming pool
views of ocean from Arte pool deck

Record-Breaking Cryptocurrency Sale for Arte Penthouse

Arte Surfside in Miami Beach
Arte Surfside Accepts Cryptocurrency

Developers for Arte Surfside have accepted a record-breaking $22.5 million in cryptocurrency as payment for one of their full-floor penthouses. This deal is the largest cryptocurrency real estate transaction ever. This transaction was announced just a few weeks after developers for Arte Surfside began a partnership with SolidBlock, a securities trading platform.

This isn’t the only record that Arte Surfside recently set the stage for. Another full-floor penthouse sold for $33 million equaling $4,300 price per square foot. This is the highest paid price per square foot in Surfside.

The cryptocurrency-paid full-floor penthouse located on the entire 9th floor of the 12-story tower, features 5,067 square feet of living space. Offering 360 degree views of the coastline, Miami Skyline, and ocean from the 2,960 square feet wraparound terrace. The penthouse features 4 bedrooms, 4.5 bathrooms, wine bar, and fully-finished walk in closets.

Arte Surfside in Miami Beach

According to the co-developer, Giovanni Fasciano, “Arte has set the precedent for what these sales can look like, and how fast they can take place. We’re proud to have laid the groundwork for this new, burgeoning world.”

The buyer wasn’t revealed and the type of cryptocurrency wasn’t released for this transaction.

More about Arte Surfside

Arte Surfside Residence Amenities

  • Expansive terraces clad in travertine with ipe decking
  • Gracious kitchens featuring Poliform cabinetry, Italian marble countertops, and Gaggenau appliances
  • Sweeping views of the Atlantic Ocean

Arte Surfside Amenities

  • A 75-foot indoor swimming pool
  • An outdoor swimming pool, sundeck, and poolside cabanas
  • Rooftop tennis court
  • State-of-the-art fitness center and yoga studio
  • Sauna and steam room
  • Tranquil meditation pond
  • Children’s playroom
  • Residents’ lounge with billiards and catering kitchen
  • Temperature-controlled parking spaces
Arte Surfside 8955 Collins Ave