A Florida buyer has purchased one of the few remaining designs of
architect Maurice Fatio for $19.8 million in a deal that closed today.
Farid Moussallem, an agent at One Sotheby’s Realty, represented the buyer,
Sunset Aqua 1736 in the deal, for 1736 West 28th Street in the Sunset
Islands of Miami Beach.
“The high end [in Miami Beach] is going strong,”
Moussallem said. “Despite the slowdown, we’ve had record-breaking sales
that we haven’t even seen in a long time.”
The seller was the trustee
of George Lindemann, Jr, who was represented by Jill Hertzberg, a
broker-associate with Coldwell Banker. She could not be reached for
comment.
The price for the 11,388-square-foot manse works out to an
average of $1,738 per square foot. Moussallem said the property had been
listed on and off for approximately two years and the last listing was 299 days ago, for $25 million.
“It’s a very unique property; it was
built in 1936 and it still has that character,” he said.
Fatio was a
landmark architect in both New York and Florida. He died in 1943. Among
his designs were the home of David Rockefeller in New York City and
several estates in Palm Beach.
July 19, 2011 at 8:54 pm, Anonymous said:
A fabulous home and a fabulous realtor….and an uber fabulous deal!!!!
August 05, 2011 at 9:56 pm, Rose Harris said:
I’m so horny.
July 27, 2011 at 7:57 am, Farid said:
thanks for all the wishes!!!
Congrats to Jill too!
subdividing is out of the question… beauty of property is in the scale and magnitude. the price is justified by the simple notion of
RARE = VALUE.
July 20, 2011 at 12:38 pm, Anonymous said:
who gives a crap!
July 21, 2011 at 4:01 pm, Anonymous said:
Go Jill!!
July 26, 2011 at 1:18 pm, David Caliazo said:
subdivision would be agreat approach.
July 26, 2011 at 1:18 pm, David Caliazo said:
subdivision would be agreat approach.
July 26, 2011 at 1:18 pm, David Caliazo said:
subdivision would be agreat approach.
July 26, 2011 at 1:38 pm, Chip Wolfington said:
Subdivision would yiled best price.
July 20, 2011 at 7:08 pm, Anonymous said:
Congratulations FARID…….you ROCK! Dora
July 26, 2011 at 1:44 pm, David Rosen said:
Subdivide this Estate.
July 26, 2011 at 1:45 pm, David Rosen said:
Subdivide this Estate.
July 26, 2011 at 1:45 pm, David Rosen said:
Subdivide this Estate.
July 26, 2011 at 1:45 pm, David Rosen said:
Subdivide this Estate.
July 26, 2011 at 1:45 pm, David Rosen said:
Subdivide this Estate.
July 26, 2011 at 1:45 pm, David Rosen said:
Subdivide this Estate.
July 26, 2011 at 1:45 pm, David Rosen said:
Subdivide this Estate.
July 20, 2011 at 7:32 pm, Michael Caliazzo said:
Are they going to subdivide site; price makes no sense.
July 20, 2011 at 7:32 pm, Michael Caliazzo said:
Are they going to subdivide site; price makes no sense.
July 20, 2011 at 7:32 pm, Michael Caliazzo said:
Are they going to subdivide site; price makes no sense.
July 20, 2011 at 7:32 pm, Michael Caliazzo said:
Are they going to subdivide site; price makes no sense.
July 20, 2011 at 11:11 pm, Elena said:
Awesome work! Congratulations!
July 26, 2011 at 7:22 pm, jeff morr said:
Congrats Farid and Jill!