Featured News

Cervera Enjoys Multimillion Dollar Penthouse Sales

The Miami real estate market enjoyed strong penthouse sales in April, particularly in the Brickell and downtown neighborhoods, with sales totaling just under $13 million.

Epic Tower Penthouse in Miami. Courtesy of flickr

Cervera Real Estate was particularly successful in selling condominium penthouses. It sold a two-storey Epic Tower penthouse at 200 Biscayne Boulevard Way, as well as property at the Marquis Residences at 1100 Biscayne Boulevard. The company also sold penthouses at 500 Brickell and the Plaza. Both of these developments are on Brickell Avenue.

Veronica Cervera, CEO of Cervera Real Estate, said that "sales of these upscale condo penthouse residences are a sign of the increasing wealth in Miami, and an understanding of what city offers." She also commented that the diversity of the clientele shows that Miami is becoming more international.

The buyer of the Epic Tower penthouse is originally from Baltimore but currently spends much of his time in Paris. Miami is an ideal location for him as he is currently expanding his business into South America. These penthouse residences are on the 54th and 55th floors and sell for $4 million.

Marquis Residences Miami. Courtesy of Marquis-Miami

They offer panoramic views of the city from the terrace, while additional features include an over-sized whirlpool, staff quarters and a separate service entrance. The Epic Tower is lavishly appointed with its own 12,000 ft.² spa, fitness center and two signature, chef driven restaurants.

Other international buyers have come from Europe, more specifically Greece and Switzerland while some are originally from Colombia and Venezuela. Unsurprisingly these luxury penthouses are also popular amongst well-known locals.

Cervera Real Estate has been a major player in Miami real estate for more than 40 years, particularly in marketing and selling luxury condominium properties in downtown Miami, South Beach, Brickell and Bal Harbour. The company has represented, sold and closed more than 63,300 units in 62 condominium projects.

Cervera has a considerable in-depth knowledge of South Florida’s real estate market which can only be achieved over many years.

Allison Halliday

Allison Halliday is a Realty Biz News contributing writer. She handles International Real Estate and is a seasoned blogger.

Recent Posts

A Look at Some of Virginia Beach’s Best Real Estate Pros

RealtyBizNews takes a look at a few of the top real estate agents in the…

7 hours ago

Will Wooden Blinds Add Value to My Home?

Homeowners are always on the lookout for ways to increase the appraisal of their property.…

8 hours ago

How Quattro Development Grew To Become a Trusted Real Estate Developer

Entrepreneurship isn’t without its challenges. As Quattro Development co-founders Rob Walters and Mike Liyeos discovered…

2 days ago

How and Why You Want FHA Condo Approval

A condo might be perfect if you don't want to buy a single-family home. Though,…

3 days ago

What is the best social media marketing platform for real estate agents and how to use them

There are several social media platforms that can be effective for real estate agents, depending…

3 days ago

How to Properly Wax and Clean Hardwood Floors

Did you know that it's possible to make a hardwood floor last for up to one hundred…

3 days ago