Sunny Isles Beach, Fl. Strategic investors are getting huge discounts on the highest end of the market in Sunny Isles Beach. Huge price reductions are benefiting those with fat wallets at the time of submitting a contract, just like in Game of Thrones.
That is the case of the 4701 Penthouse at Acqualina Residences.
This massive penthouse, debuted on the market in 2015, offered originally for $ 7,870,000.00 (more than double of the original sale tag of $ 3.8M in 2006). The listing changed hands, just to suffer an even more substantial price reduction, ending up sold two years later for $ 4,600,000.00 by Lana Bell with One Sotheby's according to the MLS.
The transaction final result is a clear example of how the market is presenting awesome opportunities in the high end segment, with large units selling at distress price.
"We have the ability to identify opportunities just like this one. Most of them are not even on the MLS" said Fernando Pettineroli, listing agent with Dezer Platinum Realty in Sunny Isles Beach.
If you are in the market for a Sunny Isles Beach high end unit in distress call us for a confidential interview at +1 786 505 4007 or contact us clicking here.
