HOUSE OF THE DAY: Miami’s Priciest Condo Sells For $34 Million















Akin to Silicon Valley, The Miami real estate market has been on a tear lately, and a South Beach condo just broke a new record. The condo — actually a pair that sold to the same buyer — is in the Miami Beach Edition, and went for $34 million. At that price, it’s the most expensive condo ever sold in South Florida, And at $3,800 a square foot, it was nearly three times as expensive as typical luxury real estate in Miami. The building is not even complete yet; it’s slated to open in 2014. The Ian Schrager-designed residence and hotel will have 26 apartments and 250 hotel rooms.

a-true-haven-in-the-sky even-the-bathrooms-are-minimalistic-with-cool-white-materials-and-sharp-edges the-building-is-collins-avenue-right-on-the-beach the-kitchens-are-stark-and-modern this-stone-fireplace-in-one-of-the-penthouses-is-nice-for-decoration-but-probably-unnecessary-in-the-miami-heat

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