A luxury penthouse located in a low-density boutique condo in Miami was sold for more than $ 30 million, reporter MANSION GLOBAL. According to developers, the new owner is from New York and purchased the unit fully furnished. The unit has 5 bedrooms and approximately 7,700 square feet and belongs to a building called Arte in Surfside.
Florida has experienced an influx of buyers from the North and Northeast during the pandemic. The trend already existed before, but the pandemic precipitated the decision of many families and workers that wish to leave urban congested areas.
While people are aiming towards single-family homes, there are many opportunities in luxury condos in Miami, especially low-density ones.
Read More at Mansion Global: https://www.mansionglobal.com/articles/a-33-million-cash-penthouse-sale-gives-miami-s-condo-market-a-jolt-145067