CEO of Norwegian conglomerate pays $11M for Fisher Island condo

Unit, built in 1992, sold for $1,663 per square foot

TRD MIAMI /
Jul.July 11, 2016 12:00 PM

The CEO of a Norwegian conglomerate just closed on a Fisher Island condo for $11.3 million, records show.

Michael Stang Treschow, CEO of the multibillion-dollar Treschow-Fritzøe corporation, bought unit 5282 at the Bayview at Fisher Island Condominium, 5282 Fisher Island Drive, in Miami.

After more than a year on the market, attorneys William and Juliean Charouhis sold the five-bedroom, 6,795-square-foot condo for $1,663 a foot. Jill Eber, of Coldwell Banker’s The Jills team, was the listing agent.

Treschow is part of the seventh generation of his family, which is of Danish and Norwegian nobility. Treschow-Fritzøe invests in real estate, forestry, and other industries, according to published reports.

The Fisher Island condo, built in 1992, includes an open floor plan, marble and French oak floors, an open chef’s kitchen with a quartz island, a master suite with a glass rain shower and an office suite. It was recently renovated, according to the listing.

The sellers paid $4.85 million for the condo in 2013, records show. After spending 471 days on the market, it was last listed for just less than $13 million.


Related Articles

arrow_forward_ios
Prive at Island Estates and BH3’s Charlie Phelan, Greg Freedman and Daniel Lebensohn and Gary Cohen

Privé at Island Estates developer sues Suffolk Construction over defects

Privé at Island Estates developer sues Suffolk Construction over defects
Pierre Brondeau and Palazzo Del Sol

Pesticide exec pays $14M for Palazzo Del Sol condo

Pesticide exec pays $14M for Palazzo Del Sol condo
Howard Lorber and 1525 North View Drive

Howard Lorber buys waterfront Sunset Islands home for $12M

Howard Lorber buys waterfront Sunset Islands home for $12M
2201 Sunset Drive and David Grutman (Credit: Douglas Elliman)

Hospitality mogul David Grutman lists Sunset Islands home

Hospitality mogul David Grutman lists Sunset Islands home
Jim Cohen, Fontainebleau Development’s president of Residential, and Jeffrey Soffer, with SeaGlass Jupiter

Jeffrey Soffer’s Fontainebleau Development launches sales of Jupiter Island luxury condos

Jeffrey Soffer’s Fontainebleau Development launches sales of Jupiter Island luxury condos
2138 Bay Avenue, Miami Beach (Credit: Google Maps)

Toronto financier pays $14M for Sunset Islands home

Toronto financier pays $14M for Sunset Islands home
Map of priciest condo sales and Palazzo Del Sol (Credit: Google Maps and Douglas Elliman)

$12M Fisher Island closing tops weekly condo sales in Miami-Dade

$12M Fisher Island closing tops weekly condo sales in Miami-Dade
Fisher Island (Credit: Fisher Island)

Nation’s richest ZIP code received a $2M PPP loan. Residents voted to reject it

Nation’s richest ZIP code received a $2M PPP loan. Residents voted to reject it
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...