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English singer Craig David sells Miami Beach condo
David sold the unit for about $380K less than what he paid in 2009
English singer-songwriter Craig David may be singing the blues now that he sold his Miami Beach condo.
David sold the 1,895-square-foot tower suite 5 at the Mondrian South Beach for $4.3 million, or $2,269 per square foot, said Alexander Goldstein of Miles Goldstein Real Estate. Goldstein and Adi Amuial of the same firm represented the seller. Ashton Coleman of One Sotheby’s International Realty represented the buyer, who is undisclosed.
Property records show the unit last sold in 2009 for $4.68 million, which means David sold it at a loss.
The two-bedroom unit hit the market in July for $5.75 million, and sold for 25 percent off that asking price. Coleman said his client got a “super deal” for the condo.
The Mondrian unit features a large terrace with an outdoor shower, Jacuzzi, lounge areas and day beds.
The English singer has sold over 15 million records as a solo artist, according to published reports. He’s had 20 top 40 singles in the U.K. and been nominated for 14 Brit awards.
Menin Hospitality manages the hotel component of the Mondrian. The building was originally developed in the 1960s, and later renovated between 2007 and 2008. The now-defunct Morgans Hotel Group previously managed the hotel.