Miami Beach: The Faena House condo listed for a record price of $50 million is under contract

May 3, 2014

They have not  disclosed  the buyer’s identity or sale price yet.

The unit was first listed in November 2013 with an asking price never seen before in Miami Beach.  The current Miami Beach record is the $27 million sale of a Setai Resort and Residences unit in January 2013.

The condo is five-bedroom, five-bathroom penthouse totals 8,273 square feet of interior space and about 10,000 square feet of exterior space. The unit includes a 70-foot-long rooftop pool with ocean views.

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