Penthouse Sale at Marquis Breaks Record on Per Square Foot Basis

Recently a record breaking sale took place at Marquis in Park West Miami  Unit 6101 a 4 bedroom 45 bath bi level penthouse encompassing 3729 interior square feet sold last Friday for $2675000 or $717 per square foot  This made it not only the highest sale to ever take place at Marquis on a per square foot basis but also the first sale in the building to the eclipse the $700 per square foot threshold  The view which is amplified by its soaring 20 foot floor to ceiling glass windows is nothing short of spectacular  The condo located on the southeast corner of the 61st floor offers views of the Miami Beach skyline Downtown Miami Biscayne Bay and the Atlantic Ocean

The penthouse was priced extremely well  I know firsthand that there was a high level of interest from buyers  The unit lasted not even two weeks on the market before going under contract and ended up selling $175000 above asking price

The unit was purchased decorator ready directly from the developer in March 2011 for $1730000 or $464 per square foot

It is important to note that this penthouse is not one of the penthouses that includes a rooftop pool  As you may recall one of those penthouses sold decorator ready in June 2010 for $42M or $525 per square foot  That was the mammoth penthouse at Marquis with 8000 interior square feet across four levels  In case youre wondering that is the largest penthouse currently in existence in Downtown Miami  That record will be shattered once THE PENTHOUSE at One Thousand Museum is completed  That penthouse will have a mind blowing 15000 interior square feet

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