June 2010: Confirming its leading position in South Florida’s luxury real estate market MC² Realty closes the sale of a Penthouse at Jade Ocean, a luxury condominium in Sunny Isles.
The property is located on the 44th floor of the landmark all-glass oceanfront tower designed by architect Carlos Ott, and boasts 20 ft high ceilings with endless ocean views.
Originally valued way over $1000 per square foot, the property had been re-priced after the market adjustments of 2008 and the takeover of the project by its lenders IStar Financial and Corus bank that was replaced by Starwood Financial in 2009. It was sold at a bargain price close to $720 per square foot, but the transaction required the approval of both lenders for closing.
The trophy property was purchased by a young Canadian businessman who will make it is primary home as soon as the fabulous upgrades he selected with the developer’s team will be ready. This penthouse will most certainly rise to the rank of one of South Florida’s most spectacular ocean front homes ever made. Congratulations to the new owner!
“I consider myself a knowledgeable international investor and I am presently living in Miami part time. Working with William and Marie-Charlotte has not only benefited me financially by the incredible investments they found me, but also and more importantly allowed me the time to continue to travel and expand my own businesses abroad, while knowing that the whole time I was in the best and most trustworthy hands, what a priceless feeling !!! Great job MC²”
Alexandre B. Bonotto
President, WSS
Quebec Canada
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