The Real Deal Miami

NY investor sells Apogee unit for $7.35M

June 22, 2011 11:33AM

A New York-based investor, Irfan Verjee, has resold a luxury unit at
Apogee South Beach for $7.35 million, or approximately $1,970 per square
foot, according to a report from Condo Vultures. Verjee purchased the
home in 2009 for $6 million, or around $1,608 per square foot, according
to Miami-Dade County records. The buyer was Apogee Unit 1404, a company belonging to
Andronico Luksic of Floram Park, N.J., according to public records. The owner was originally asking $
8.99 million, until he reduced the price to $7.99 million in November
2010. The property had been on the market since February of last year. –Alexander Britell