Miami’s condo towers see sales soar beyond the once unbreakable $100M+ price barrier
Government
A Surfside condo sold for $86 million last year, shattering a Miami-area price record that had stood for more than a decade. That benchmark may be short-lived: a $120 million penthouse is now said to be in contract at Miami Beach’s Shore Club. These record-breakers are part of a broader shift: An expanding wave of ultra-luxury condos are coming to market in Miami at price points that, until recently, did not exist. “I see this as New York-ification,” said Jonathan Miller, president of appraiser
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