Related Group, Companions Request M for Fisher Island PH

Related Group, Companions Request $90M for Fisher Island PH


Jon Paul Pérez with an aerial of Fisher Island (Google Maps)

A penthouse at a still-to-be-constructed luxury condo enhancement on Fisher Island is asking $90 million. The selling price, if a buyer pays it, would established a report for apartment gross sales.

That breaks down to $6,000 for every sq. foot for the 15,000-sq.-foot unit, at the planned 50-device 6 Fisher Island developing. It would consist of its personal pool and roof deck, the Wall Street Journal reported. The present-day Miami-Dade County price tag-for every-foot report, shut to $5,800 a foot, is held by a sale at the 4 Seasons Residences at The Surf Club in Surfside earlier this yr.

Associated Group, the developer, beforehand stated penthouses would start at $60 million, which signifies it greater the cost by 50 p.c. 6 Fisher Island is anticipated to be the priciest on a per-device basis in South Florida, as nicely as on Fisher Island.

Linked has satisfied with 20 family members, several of whom normally shell out all hard cash, to invest in some of the a lot more high priced units at the task on Fisher Island, in accordance to the Wall Avenue Journal. Asking selling prices for the units, excluding the penthouse, are at about $5,000 for each foot, sources informed The Serious Offer. That could imply costs commence at $19 million.

Jorge Pérez’s Linked, billionaire Teddy Sagi, BH Team and Chicago-based Wanxiang The united states RE Team paid out $122.6 million for the 6.5-acre web site in September. Fisher Island developer Heinrich Von Hanau marketed the assets, which marks the very last apartment enhancement internet site on the ultra-wealthy island off of Miami Seaside.

Connected tapped Douglas Elliman’s Cyril Matz, Oliver Lloyd, Lourdes Alatriste and Nirka Burns Padilla to guide profits and internet marketing of the challenge, TRD described final week. Gross sales are invitation-only.

The condos will assortment from 3 to eight bedrooms, and from 3,800 square toes to virtually 16,000 sq. ft. The constructing, intended by Kobi Karp Architecture & Inside Design with interiors by Tara Bernerd Companions, will have additional than 55,000 square feet of features.

— Katherine Kallergis



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