Surfside is still attracting massive deals post South Florida building collapse

It takes greater than a constructing collapse to cease Surfside gross sales in South Florida.

A seventh-floor unit at Arte, a pyramid-shaped boutique apartment at 8955 Collins Ave., has bought for greater than its $11.9 million asking value following a bidding conflict, Gimme has realized.

The unit went available on the market for $10.5 million final March, however the value saved getting bumped up — to $11.5 million final Could after which to $11.9 million in September. It closed this week for $12.22 million.

The three,126-square-foot unit comes with three bedrooms and a 2,158-square-foot terrace with ocean views. The house opens to a personal elevator touchdown with finger recognition entry.

Arte is the place Jared Kushner and Ivanka Trump rented whereas renovating their glam house on Indian Creek Island. It’s additionally the place a thriller New York financier plunked down $33 million for a triplex penthouse. 

One other purchaser bought a decrease unit penthouse for $22.5 million in crypto, which the builders claimed is perhaps the biggest crypto actual property deal ever. 

A living area inside the Collins Avenue home.
The house has 3,126 sq. toes of inside house.
Craig Denis
An exterior dining area.
There’s loads of outside house, as nicely.
Craig Denis
The home's kitchen area.
The kitchen inside the luxurious apartment.
pictures by Craig Denis
A living room interior showing off the home's ocean views.
Arte’s water vistas are well worth the value of admission alone.
Craig Denis

Designed by famend Italian architect Antonio Citterio and inbuilt 2019, Arte options simply 16 items.

The builders are Giovanni Fasciano and Alex Sapir, the son of the late Soviet-born actual property mogul Tamir Sapir. Constructing facilities at Arte embody rooftop tennis, a 75-foot indoor pool, an outside pool, direct seaside entry and a beachfront meditation studio and spa.

Douglas Elliman reps the constructing, with Miltiadis Kastanis dealing with the deal. Ohad Fisherman of Societe Actual Property repped the customer. 

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