Investment-Worthy Miami Penthouse Sports Sunset Views, Private Beach, More!

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One intriguing tagline stood out from last week’s onslaught of Monday morning emails: “It’s Time to Get Out of The Stock Market and Put Your Money Into Something You Can Hold Onto.”

Turns out, it was from South Florida-based ONE Sotheby’s International Realty agent Paulo Gaia, touting an oceanfront penthouse located in Miami’s tony Bal Harbour neighborhood. A couple more clicks proved enough to incite just about anyone — sheltered-in-place or not — to sign on the dotted line.

To sweeten the deal, the 1,291-square-foot unit is move-in ready — designer furnishings, artwork, and all. 

“Being turn-key is a major selling point,” according to Gaia. “This celebrity-owned property offers true luxury living in one of the city’s most prestigious neighborhoods.”

To date, he says it’s been pretty much business as usual in the Miami market (albeit a slight delay in securing titles and scheduling closings), making the home an ideal option for those wanting to sidestep some of the inherent moving-related hassles.

A spacious, open floor plan provides abundant natural light; wall-to-wall windows offer panoramic ocean and city views.

Recent renovations include marble flooring, stainless steel appliances, and automated lighting. Two large master bedrooms and baths sport walk-in closets, touch-activated mirrors, and updated countertops and fixtures.

The penthouse also features an oversized double balcony — perfect for enjoying exquisite sunset views over the Intercoastal.

Situated on the top floor of the 16-story Harbour House, homeowners have access to the condominium’s ultra-luxe array of amenities — think private beach access, running trail, outdoor spa, gym, tennis courts, and on-site market (not to mention a private movie theater for residents to enjoy post-pandemic.)

Last year, the building itself also received a $6 million upgrade, tapping the talents of New York and Miami-based interior design firm Pepe Calderin Design.

The property, located at 10275 Collins Avenue, is next door to the The Ritz Carlton Bal Harbour and within walking distance to premier shops and restaurants. Listing price is $1.35 million.