Penthouse hitting the market will be Key Biscayne’s most expensive listing

There’s only one penthouse listed for sale in Key Biscayne, and if you want the key to this place, prepare to pay up.

With a $24.9 million asking price, it soon will be the highest-priced listing among all Key Biscayne homes when the listing takes effect.

The penthouse hitting the market is Unit PH1 in the south tower of the Oceana Key Biscayne condominium at the 360 Ocean Drive.

Owned by Venezuelan insurance executive, the unit is a two-story, 17,978-square-foot home with five bedrooms and six and a half bathrooms.

Listed by Saddy Delgado, vice president of ONE Sotheby’s International Realty, the penthouse also comes with a private swimming pool.

The penthouse at Oceana Key Biscayne is the only penthouse in Key Biscayne listed for sale, according to ONE Sotheby’s International Realty.

Argentine developer Eduardo Constantini built Oceana Key Biscayne. and a team of architects led by Bernardo Fort Brescia designed it, together with art interior design firm Yabu Pushelberg.

The south-tower penthouse may reign for a while as the highest-priced listing of a Key Biscayne home, but if it sells for the $24.9 million asking price, it will be far from the highest-price home sale on the island.

The $47 million sale of a mansion at 775 South Mashta Drive in 2015 set the record as the most expensive sale of a Key Biscayne residence. – Mike Seemuth