Apogee’s $12.4M sale sets Miami-Dade record for non-oceanfront unit, broker says

The view from a unit at Apogee
The view from a unit at Apogee

A $12.4 million sale at Apogee Miami Beach has set a record for a standard, non-oceanfront unit in Miami-Dade County, the seller’s broker, Carlo Gambino, told The Real Deal.

At nearly $3,000 per square foot, the sale of the three-bedroom, 4,154-square-foot apartment represented an 18 percent premium over a similar unit five floors below that sold in January for $10.5 million, Gambino, a Douglas Elliman executive vice president, said.

“You are seeing this incredible appreciation with prices way above the peak of the last real estate bubble,” said Gambino, who declined a request to disclose the names of the buyer and seller. Jill Eber of the Coldwell Banker broker duo The Jills represented the buyer.

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