A triplex penthouse that was once Miami's most expensive listing just sold at a 27% discount after 6 years on the market. Take a look inside. - Creak News

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A triplex penthouse that was once Miami's most expensive listing just sold at a 27% discount after 6 years on the market. Take a look inside.

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miami beach penthouse
The penthouse offers stunning views of South Beach and downtown Miami.
  • Real-estate developer Ian Bruce Eichner sold his Miami Beach penthouse for $35 million after 6 years on the market, per the WSJ.
  • The 11,031-square-foot condo occupies three floors at the top of a 42-story tower.
  • I toured the penthouse in May 2019, when it was the priciest listing in Miami-Dade County.
  • See more stories on Insider's business page.
Real-estate developer Ian Bruce Eichner has sold his three-level Miami Beach penthouse for $35 million, six years after he put it on the market, Candace Taylor reported for The Wall Street Journal.
continuum miami

The 11,031-square-foot condo, at the top of the 42-story Continuum tower in the South of Fifth neighborhood, was Eichner's personal penthouse. He first put it on the market it in 2015, and it was most recently listed for $39.9 million, per the Journal.

Eichner, who founded the Continuum Company, finished the Continuum condo in the early 2000s. 

Before selling it, Eichner had been renting out the penthouse for up to $200,000 per month, the developer told the Journal. 

In May 2019, I got a tour of the Continuum penthouse, which was then the most expensive condo for sale in Miami-Dade County, listed at $48 million.
penthouse miami beach

The final sale price was a roughly 27% discount from its 2019 asking price.

When I visited, the penthouse was listed with Eloy Carmenate and Mick Duchon of Douglas Elliman. Both agents are now at Corcoran and held the listing there, according to the Journal. 

 

During my visit, my first look at the triplex penthouse was the grand entryway.
miami beach penthouse

Source: Douglas Elliman

During my tour, I found that the living room, pictured below, was decorated in neutrals with black and gold accents.
miami beach penthouse

Source: Douglas Elliman

The formal dining room stuck to the white-and-marble theme.
miami beach penthouse

Source: Douglas Elliman

The eat-in kitchen has stainless-steel appliances and marble countertops to match the floors ...
miami beach penthouse

Source: Douglas Elliman

... as well as three ovens and a built-in espresso machine.
miami beach penthouse

Source: Douglas Elliman

The penthouse has seven bedrooms, each of which has floor-to-ceiling windows and sweeping views.
miami beach penthouse

Source: Douglas Elliman

This bedroom opens up to a long terrace that connects to the master suite.
miami beach penthouse

Source: Douglas Elliman

In the master suite, wraparound floor-to-ceiling windows fill the room with sunlight and open up to views of the ocean.
penthouse miami beach

Source: Douglas Elliman

A private terrace off the suite overlooks South Beach and downtown Miami.
miami beach penthouse

Source: Douglas Elliman

It also offers views of Fisher Island, the richest ZIP code in the US, where the average income is $2.2 million and the beaches have sand imported from the Bahamas.
fisher island miami

Source: Insider

The master bathroom features marble floors, double vanities, and large mirrors.
penthouse miami beach

Source: Douglas Elliman

A marble soaking tub overlooks the ocean.
miami beach penthouse

Source: Douglas Elliman

The bathroom also has a walk-in double shower and its own small terrace.
miami beach penthouse

Source: Douglas Elliman

And then there's the penthouse's main terrace, a massive 6,091-square-foot outdoor space.
miami beach penthouse

Among the home's other amenities is a screening room.

The penthouse also has a private pool, which sits on the level above the main terrace and overlooks the Atlantic Ocean.
miami beach penthouse

Eichner, who's based in New York City, told the Journal that he was looking for another vacation home in the Miami area.

Read the original article on Business Insider


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