A trust bought a 9,100-square-foot Estates at Acqualina condo for $25 million, marking the latest pricey closing in the oceanfront luxury complex.
Records show Casa Numa Land Trust bought unit 4701/4702 in the north tower at 17975 Collins Avenue from an affiliate of Jules and Eddie Trump’s development firm, Trump Group. The Trumps have no relation to President Donald Trump.
Michael Goldstein with Acqualina Realty had the listing, and Liz Hogan and Ben Moss with Compass brought the buyer.
The condo has six bedrooms and seven bathrooms and sold fully furnished, according to the listing.
Estates at Acqualina is an oceanfront luxury condo complex that includes a 52-story, 94-unit north tower and a 49-story, 154-unit south tower. The towers have lobbies designed by the late Karl Lagerfeld, 45,000 square feet of amenities that include a bowling alley, ice skating rink and a movie theater, and the restaurant Avra Miami Estiatorio.
The Trump brothers started construction on the $1.8 billion project in 2018. Years of construction delays culminated in litigation between the Trumps and their general contractor, Suffolk Construction, that resulted in the developer firing Suffolk from the project in 2023.
Closings began in 2022, with some notable buyers like LeBron James, Kimber gunmaker Leslie Edelman and European Wax Center co-founder Joshua Coba dropping millions on Estates at Acqualina condos.
More recently, a trio of pricey deals closed in September. A trust linked to Iranian-Canadian billionaire Michael Latifi bought a penthouse for $26 million. The heads of Mexico’s largest real estate investment trust, Fibra Uno, bought a unit for $20 million. A different trust bought a condo for $16.9 million.
