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Master Brokers Stephan Burke and Carol Cassis (Cassis Burke Collection) represented the buyer of the largest penthouse at 1 Hotel & Homes. Penthouse 1610 closed on November 1. At $13.5 million, or $3,413 per square foot, this is the most expensive sale and highest price per square foot for the building to date.

Burke and Cassis were able achieve a swift, 24-hour close for the sale.

“Penthouse 1610 is widely recognized as the crown jewel of the exceptional 1 Hotel & Homes property,” says says Burke. “Because the residence was among the property’s largest and most expensive, it required a specialized, extensive marketing approach.”

“We have a large network of buyers who are in the market for homes of this price point unique caliber,” continues Cassis. “We were passionate about the 1 Hotel & Homes ethos and amenities and are pleased to have brought the buyer who is a match for this spectacular, one of a kind penthouse home.”

The Cassis Burke Collection at Brown Harris Stevens Miami is known for several high profile, record breaking recent deals. In March 2018 the team set a new record for the most expensive single-family sale in Miami-Dade County, representing the buyer of a $19.75 million modern mansion in Coconut Grove.

Are you up to speed on Amendment #2, and what it means for Florida real estate? Learn more at everybodyisfor2.com!

At this year's The Real Deal's Miami Real Estate Showcase & Forum (October 25 at Mana Wynwood), we will be hosting a fun "MBF Meetup" at the Master Brokers Forum's booth at 12:30 pm, All active members will receive a special treat and we will take a group photo. Stand by for more details in the coming weeks!

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4 Articles Found