Following on from the recent news that the property market across the US has been performing well, a home in Florida has sold for $47 million. This represents a record for a single-family house in the Miami-Dade County.
Speaking about the sale, Coldwell Banker’s Jill Eber said: “The market has changed dramatically for the super high end. These are prices that we’ve never, ever seen before.”
Located on a small gated island, the Indian Creek estate even has its own golf course along with many celebrity neighbors. Measuring over 30,000 square feet with a stunning view through the glass walls overlooking Biscayne Bay, it is believed that the property was bought by an unknown Russian, who made the purchase on the behalf of a US-based company.
Although the property achieved a price that was around 20% lower than its asking price, the developers believe that their decision to place a $60 million price tag on the property in the first place was the reason that it was able to sell for a record price.
Longtime friends and developers, Felix Cohen and Shlomi Alexander, were certain the hype they had created around the property, which has its own central courtyard along with landscaped walls and a beach which contains several tons of sand specially imported from the Bahamas, helped to break the property record for the county. It also contains a hidden art vault, a wine cellar that can only be accessed with fingerprint identification, and its very own 3D-projection movie theatre.
