The Real Deal Miami

Apogee unit in South Beach listed for $13.5M

Owner paid $4M for the unit when the development opened in 2008

July 29, 2015 02:30PM
By Katherine Kallergis

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Apogee South Beach

Apogee South Beach

A condo at the Apogee in Miami Beach’s South-of-Fifth neighborhood is on the market for $13.45 million, The Real Deal has learned.

The 4,154-square-foot unit includes four bedrooms, three bathrooms and one half-bath. The Apogee South Beach, at 800 South Pointe Drive, was completed in 2008 by the Related Group.

Unit 801 is asking $3,238 per square foot, Julian Johnston of Calibre International Realty told TRD. It features a 2,400-square-foot wraparound terrace, an outdoor kitchen and an extra den that can be converted into a fourth bedroom. Among the finishes are modern limestone floors, electric shades, cashmere drapes and a custom kitchen with a taupe lacquer finish.

Crossdate Finance Limited paid just more than $4 million for the unit in 2008, Miami-Dade County property records show. If sold for the asking price, that would mark a more than threefold increase. Information on the owner was not available in corporate records.

Apogee’s amenities include enclosed garage space for residents, a swimming pool and deck, gym, spa, valet and concierge services.