SOUTH BEACH, Fla.--(BUSINESS WIRE)--Miami Luxury RE LLC is pleased to announce a record breaking price for the most expensive unit in the Portofino in South Beach.
Miami Luxury Real Estate LLC acted as a buyer’s agent for an undisclosed Russian buyer for the purchase of Penthouse 3 (PH3) that is a 5,640 s.f. unit on four levels/floors and has an additional 1,825 s.f. on two terraces. PH3 is the highest penthouse unit in the entire South Beach area with the best views. The price was $11,000,000 or $2,000 per square foot. The seller was NHL hall of fame star Sergey Fedorov, who has owned the unit since 1997, including for a short time with Anna Kurnikova.
Russian high end buyers are currently ranked fifth in the top 10 buyers in Miami, and Ukrainians are ranked sixth. Due to the stability of the U.S. dollar as a hedge against other worldwide currencies that have significantly depreciated, Russian and international buyers feel very comfortable investing in Miami.
Miami Luxury RE LLC specializes in High Net Worth Individuals (HNWIs) primarily from Russia, the UK, Brazil, Canada, and other international buyers.
Daniel Pansky of Miami Luxury Real Estate says, “Our clients purchase primarily in the $1-$50 million range. We are currently working with several HNWIs from Russia that are looking to purchase a penthouse in Miami in the $10-$50 million range. We also specialize in working with celebrities and sports professionals.”
Miami Luxury RE is very discreet and private in dealing with their high profile clientele.
“What separates MLRE from others is our attention to detail, super negotiating skills for buyers/sellers, and handling our clients with golden gloves. Our work ethic and professionalism are unparalleled,” says Maria Kuzina.
MLRE is also currently representing several sellers on Fisher Island in the $5-$38 million range. Prices are approximately $1,500 a square foot, which is an absolute bargain.
MLRE has one of the most extensive websites for over 200 existing and pre-construction buildings from South Beach to Fort Lauderdale, including Sunny Isles, Bal Harbour, www.MiamiLuxuryMiami.com.
For all your luxury real estate buying and selling needs please call Daniel Pansky, Miami Luxury RE LLC, +1-855-75-MIAMI, 954-661-9776, or visit our website at www.MiamiLuxuryMiami.com.
