We are beyond thrilled to give you the inside scoop on this residential tower in Miami designed by Pritzker Prize winning firm Foster + Partners. This incredible design project recently set the record for it’s penthouse closing at $60 million gaining nation-wide attention from publications like the Wall Street Journal. The high-end luxury condominiums are 50 percent closed and the first of its kind for Miami merging incredible design, beachfront location, and world-class amenities including access to the Faena Hotel Miami Beach set to open November 2015. The Faena House with its 47 units (down to 42 with combinations) and Penthouse units closing at an average of about $4,000 psf exceeds all expectations in terms of luxury living. The top non-Penthouse closed sale at Faena House to date is 9-A (offering 4,730 interior square feet and 1,515 exterior square feet), which sold for $16,500,000 or $3,488 per square foot.
Each condominium has custom kitchens by Molteni Dada, opulent powder rooms and bathrooms by Permasteelisa, and floor to ceiling window wall and door systems that expand up to 12.5 feet to each private “alero”, a grand wrap-around terrace that creates an indoor/outdoor living experience completely unmatched.
The Perks:
In-house spa, fitness center with ocean views and separate movement studio, private beach club, pools, gardens, 24-hour doorman, dedicated valet and underground garage, private elevator vestibules, concierge and preferred status at the Faena Hotel Miami and a private corridor between the two buildings.
Both the Faena House and the Faena Hotel Miami are debuting as key components to the Faena District in Miami Beach; a highly anticipated neighborhood project by Alan Faena and his business partner Len Blavatnik with art and culture as the cornerstone of its development. The Faena district is said to change the landscape of Miami, stretching from 32nd street to 36th street in the center of Miami’s Mid Beach. Faena District, along with Faena House and Faena Hotel Miami, has two Faena Versailles towers. The Faena Versailles towers under contract to date total about 30% of the inventory, averaging about $3,000 psf.
It goes without saying that this project has helped put Miami on the map for ‘cities to watch’, bringing incredible design and innovation to an already fantastic destination.
(Project Details and Photos Provided by Meg Connolly Communications)