Getting your Trinity Audio player ready...

America’s housing market is soaring, and one Florida property is adding flash and bling to a beachside skyline. High above the Miami suburb of Sunny Isles Beach, buying a Porsche is taking on new meaning, CBS News’ Vicente Arenas reports.

When Juan Pablo Verdiquio comes home, he’ll park his car in an elevator that carries cars and people to their condos on any of the 60 floors in the Porsche Design Tower. It’s the first elevator of its kind.

“It’s unique, that’s for sure. It is beyond crazy. Beyond crazy,” Verdiquio said. “But it’s a boy’s toy.”

Miami Porsche Penthouse

Verdiquio, a 38-year-old shoe manufacturer, moved to Miami from Buenos Aires, Argentina, a year and a half ago. He was so ecstatic about the new feature in the building he plunked down nearly $4 million on a unit before construction even began.

Porsche Tower brings a new concept of luxury real estate for Sunny Isles Beach.

Read the entire article:

× How can I help you?