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Category Archives: South Beach Condos

Another Fisher Island Condo Sold at $21 Million

After spending 5.5 years on significant renovations and imported furniture, Igor Olegovich Nesterenko, a businessman in the meatpacking industry from Moscow, sold his Fisher Island property for $21 million.

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Monad Terrace Set to Top-off This Month

According to the development’s Instagram account, Monad Terrace is set to top-off later this month (approximately 15 months after officially breaking ground on October 25, 2017). The 14-story tower, designed by Jean Nouvel, will feature ” sawtooth honeycomb screens’ for full privacy without compromising views.

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South Beach Record-Breaking Sale at Monad Terrace

Although South Beach and Downtown Miami are located only seven minutes away from one another by car, their real estate markets seem to exist in different dimensions. While Greater Downtown Miami continues to be troubled by oversupply issues, South Beach is enjoying record-breaking sales. Recently, a four-bedroom, four-and-a-half bath residence at Monad Terrace sold for $1,912 per square foot ($6.15M), making it the highest priced sale on a per square basis for a non-penthouse condo on the bayside of South Beach.

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