Luxury Co-Op in Sunny Isles Beach Sells for $8.3 Million at $2,000 per Square Foot

A luxury co-op located at 17901 Collins Ave #2904 in Sunny Isles Beach, FL has been sold for 8.3 million. The property spans 4,150 square feet and was sold at a price of 2,000 per square foot. The deal was completed by an unnamed buyer and seller, with no brokers involved.

The co-op is located in the Mansions at Acqualina, a luxury high-rise building that offers residents access to a wide range of amenities, including a spa, fitness center, multiple swimming pools, and a private beach club. The building also features 24-hour security and concierge services.

The buyer of the co-op is likely to be someone looking for a luxurious vacation home or a permanent residence in one of Florida’s most desirable locations. Sunny Isles Beach is known for its beautiful beaches, upscale shopping, and fine dining options.

The seller of the co-op is likely to have made a significant profit on the sale, given that the property was sold at a price of 2,000 per square foot. This is significantly higher than the average price per square foot for co-ops in Sunny Isles Beach, which is currently around 1,000.

While no brokers were involved in the deal, it is likely that the buyer and seller had legal representation to ensure that the transaction was completed smoothly and in compliance with all relevant laws and regulations.

Overall, this sale is a testament to the strong demand for luxury properties in desirable locations like Sunny Isles Beach. With its stunning ocean views and access to world-class amenities, the Mansions at Acqualina is sure to continue attracting high-end buyers in the future.