The Real Deal Miami

Blue Diamond quadplex in Miami Beach up for grabs at $18M

With 9,700 square feet, eight bedroom, 11 bath unit boasts three private rooftop pools

March 11, 2016 05:15PM
By Sean Stewart-Muniz

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The quadplex at Miami Beach's Blue Diamond (Credit: VHT Studios) (Inset: Michelle Redlich)

The quadplex at Miami Beach’s Blue Diamond (Credit: VHT Studios) (Inset: Michelle Redlich of Coldwell Banker)

If one penthouse doesn’t do it for you, how about four? A quadplex at the Blue Diamond tower in Miami Beach was just put on the market with an asking price of $18 million.

The mansion-sized condo measures 9,700 square feet and has eight bedrooms, 11 bathrooms, two half baths and two kitchens.

One of the penthouse's 11 bathrooms (Credit: VHT Studios)

One of the penthouse’s 11 bathrooms (Credit: VHT Studios)

As if its size wasn’t enough, three of the penthouse’s master bedrooms have access to three private rooftop pools. The condo also comes with its own sizable gym, media room, office, maid’s quarters and five parking spaces.

Its $18 million asking price is actually a discount from what the owner originally wanted. The assemblage was first shopped around for $20 million in 2014, according to a news release. At $18 million, the price equates to $1,855 per square foot.

Michele Redlich of Coldwell Banker has the listing.

“As you walk in the huge open space and spectacular views are stunning…[it] is perfect for grand entertaining,” Redlich said in the release.

The listing includes ownership rights to units 4401, 4402, 4407 and 4408 at the 45-story Blue Diamond.

Part of the home's large pool deck (Credit: VHT Studios)

Part of the home’s large pool deck (Credit: VHT Studios)

All four units were acquired between 2002 and 2006 by two companies: Drew Village Realty, Inc. and Diamond Collins, LLC.

State records show both are managed by Michael Konig, a healthcare magnate based out of New Jersey. He’s the president of Broadway Healthcare Management, which operates nursing and wellness facilities throughout the U.S.

After Konig bought his first two Blue Diamond units in 2002 — No. 4401 and 4402 — he set to work combining them and building them out, according to Miami-Dade County records. He picked up the other two units in 2004 and 2006. Altogether, records show he paid $6.2 million for the four condos.