Miami Beach Condo Sells for $1.14M, Setting New Record Price per Square Foot

Miami Beach, FL - In a record-breaking deal, a luxury condo in Miami Beach sold for 1.14 million, setting a new benchmark for price per square foot in the area. The 2,600 square foot property, located at 6000 Indian Creek Drive, was sold by Compass, a leading real estate agency in Miami Beach. The sale price of 1.14 million translates to a price per square foot of $438, which is significantly higher than the average price per square foot in the area.

The buyer and seller identities were not disclosed, but industry experts speculate that the buyer is likely an affluent individual or investor looking to capitalize on the high-end real estate market in Miami Beach. The seller, on the other hand, may have decided to cash in on the current demand for luxury properties in the area.

The condo at 6000 Indian Creek Drive offers stunning ocean views and is located in one of the most desirable neighborhoods in Miami Beach. The property features high-end finishes, state-of-the-art amenities, and a prime location close to restaurants, shops, and entertainment options. With its spacious layout and luxurious design, the condo is a true gem in the Miami Beach real estate market.

Compass, the real estate agency that facilitated the sale, is known for its expertise in the luxury real estate market in Miami Beach. The agency has a strong track record of successfully closing high-value deals and connecting buyers with their dream properties. With their extensive network and deep understanding of the local market, Compass is a trusted partner for both buyers and sellers in the area.

The sale of the luxury condo at 6000 Indian Creek Drive is a testament to the strong demand for high-end properties in Miami Beach. The record-breaking price per square foot reflects the desirability of the location and the quality of the property. As Miami Beach continues to attract affluent buyers and investors, it is expected that more luxury properties will command premium prices in the future.

Overall, the sale of the luxury condo at 6000 Indian Creek Drive is a significant milestone in the Miami Beach real estate market. It sets a new record for price per square foot and highlights the strong demand for luxury properties in the area. With its prime location, stunning views, and high-end amenities, the condo is a prime example of the type of properties that are attracting affluent buyers to Miami Beach. As the market continues to thrive, it will be interesting to see what new records will be set in the future.