NY hedge funder pays $17M for PH at Mansions at Acqualina

Trump Group completed the 47-story tower in 2015

Daniela Rendon and Clara Verano with 17749 Collins Avenue
Daniela Rendon and Clara Verano with 17749 Collins Avenue

An unnamed New York hedge fund executive just paid $17 million, or over $2,100 a foot, for a furnished full-floor penthouse at Mansions at Acqualina in Sunny Isles Beach.

The 45th floor unit at 17749 Collins Avenue is a 7,980-square-foot condo, said Clara Verano of Dezer Platinum Realty, who represented the buyer but declined to identify him.

Michael Goldstein and Daniela Rendon from Mansion at Acqualina’s in-house team had the listing. The deal, including the furnishings, comes to $2,130 per square foot. It is the first time the unit has sold and the sale has not yet cleared records.

The four-bedroom, seven-and-a-half bath condo is decorated with Fendi Casa furnishings. Its features include floor-to-ceiling windows, a fireplace and marble bar, while the terrace has a pool and summer kitchen, Rendon said.

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The Trump Group, led by Jules and Eddie Trump (no relation to President Trump), completed the 47-story, 76-unit Mansions at Acqualina in mid-2015. Among the buyers were Dennis Riese, chairman of the Riese Organization, and video game developer and software executive Joel Hochberg. 

Mansions at Acqualina was the second Acqualina-branded tower to be built, after Acqualina, which was completed in 2006. A third condo project, the dual-tower Estates at Acqualina, is also planned. Trump put the Estates’ second tower on hold in October 2016 due to the market slowdown. Revised plans now call for a 154-unit, 51-story south tower and a 91-unit, 49-story north tower.