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The Real Deal Miami

A bargain at the Ritz Singer Island

February 10, 2011 10:45AM

Eight months after purchasing a condominium unit at the Ritz-Carlton Residences
Singer Island, a New York-based entity called Singer Island Tower Suite
has resold the unit for around $650,000 less than the original purchase
price. Buyer Daniel Rifkin paid $3.76 million for the four-bedroom, five-and-a-half-bathroom suite at the project, which was formerly known as 2700
North Ocean Drive, according to the report from Condo Vultures. The
property had been listed for $4.25 million. TRD