The Real Deal Miami

Industrial exec picks up Four Seasons Brickell penthouse

Sold for the highest Brickell price for a penthouse in the past two years
Four Seasons penthouse

Penthouse on the 69th floor at Four Seasons Residences on Brickell

A Colombian investor sold his Brickell penthouse to a corporate executive in the industrial building industry, The Real Deal has learned.

Margarita Sanclemente of Capital International Realty

Margarita Sanclemente of Capital International Realty

The unit, on the 69th floor of the Four Seasons Residences on Brickell, sold for $4.315 million, or $1,244 per square foot, a record for a penthouse in the area over the past two years.

Donald E. Miller of Lennox International and Fairchild Corp. is the buyer.

“The moment the [new] owner came in, he fell in love with the unit,” Margarita Sanclemente told TRD.

Sanclemente, of Capital International Realty’s Sanclemente group, represented the seller and said that the condo was renovated in 2010 and includes marble floors, an Italian kitchen and new walk-in closets. The sale includes two parking spaces and storage. Francisco Paz of Paz Realty brought the buyer.

“It is important to note that Brickell has been selling at record high prices,” she said in a statement. “It has turn to be the second most important financial district in the country, after Manhattan.”

The Four Seasons was completed in 2003.

  • WannaBeLandlord

    “It has turn to be the second most important financial district in the country, after Manhattan.” Not even an inch of truth in that quote.