The Real Deal Miami

Apogee condo sells for $6.2 million

September 14, 2012 12:00PM

Apogee South Beach

A corner unit at the Apogee condominium in Miami Beach’s South of Fifth neighborhood recently sold for $6.2 million to a Brazilian investor, according to Worldwide Properties. The 4,154-square-foot residence was on the market for 74 days, according to Worldwide CEO Eddy Martinez. “The current market conditions are still incredibly attractive to international buyers, especially in the ultra-luxury price range,” Martinez said. “South Florida is still proving to be an extremely desirable location for these investors from overseas, and many of them are paying cash in order to get the best value for others.” The property was unloaded in an all-cash transaction. — Alexander Britell