MC2 Realty Announces Sale Of Jade Ocean Penthouse; Price-per-square-foot Breaks Record For Sunny Isles Beach

MC2 Realty has sold high-end condominium home in Sunny Isles Beach for the highest ever MLS recorded price-per-square-foot. End Quote

Miami, FL (1888PressRelease) May 25, 2011 - MC2 Realty, a Miami-based real estate and consulting agency, today announced the successful closing of a Jade Ocean penthouse for $3.25 million. The transaction represents the highest ever MLS-recorded price-per-square-foot for a condominium home in Sunny Isles Beach at nearly $1,020 per square-foot.

Marie-Charlotte Piro, vice president of MC2 Realty, represented the seller and said the record-setting price is not surprising in today's real estate market. "The market is definitely heating up right now," she said. "We're seeing a surge of interest from international buyers who appreciate the South Florida climate and lifestyle as well as the potential of appreciation in real estate values going forward. And, of course, 'location, location, location' is still the real estate mantra, with waterfront properties commanding better prices and moving at a quicker pace."

To emphasize this point, Piro pointed to the fact that the penthouse listing was on the market for less than a month and the sales price was nearly $1 million more than the seller had paid for the raw unit just six months earlier.

The Jade Ocean penthouse sold fully furnished. According to Piro, the Russian buyer was attracted to the high-quality build-out of the unit; the sleek, modern furnishings; and the panoramic ocean views.

The three bedroom, three-and-a-half bath residence has nearly 3,200 square-feet on two levels, with expansive balconies overlooking the Atlantic. A private, fingerprint-access elevator opens to a richly appointed interior space, a loft-style open floorplan and specially selected fixtures and appointments. Crisp, contemporary furnishings and accents in a neutral color palette provide a dramatic framework for the residence's awe-inspiring ocean views.

Designed by world renowned architect Carlos Ott, Jade Ocean is the epitome of luxurious living and ultra-modern design. Floor-to-ceiling glass rises 50 stories above the powder-white beach and a dramatic six-story waterfall greets visitors arriving off Collins Avenue who are then welcomed by a grand lobby designed by Fendi Casa. Jade Ocean amenities include five-star concierge service, unique sunrise and sunset infinity pools, a private beach club, state-of-the-art fitness center, world-class spa, private screening room and entertainment facilities.

MC2 Realty strategically focuses on high-end showcase properties and aggressive investment opportunities. In addition to MC2 Realty's multi-national in-house agents, the boutique-sized brokerage has an extensive network of committed real estate professionals throughout Europe and Latin America, where many of South Florida real estate buyers originate today. As such, MC2 Realty reaches potential buyers here at home as well as far beyond South Florida. For more information, visit www.mc2realty.com, call 305-495-6539, or check out the agency's blog for market developments and opportunities at www.mc2realtyblog.com.

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