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300 Biscayne Boulevard

Updated Dec 4, 2024

Aston Martin Residences Sells Sky Penthouse At 300 Biscayne Blvd Miami For $21M
SOLDCondo

Aston Martin Residences Sells Sky Penthouse At 300 Biscayne Blvd Miami For $21M

300 Biscayne Boulevard

$21,000,000

$4,375/SF

Building Size

4,800 SF

Asset Type

Condo

Closing

Feb 9, 2024

About this deal

AI

The Aston Martin Residences has closed a deal for the sale of their last remaining Sky Penthouse at 300 Biscayne Boulevard in Miami. The luxurious condo, unit 5901, offers an impressive 9,573 square feet of indoor living space and features 4 bedrooms, 7 baths, and 2 powder rooms. In addition to the spacious interior, the residence includes a family room, staff quarters, and a gym. The highlight of this penthouse is the indoor pool for ultimate relaxation. The property also boasts a total of 3,324 square feet of outdoor terrace space, bringing the total square footage to an extraordinary 12,897 square feet. The sale price for this stunning condo was $21,000,000, with an asking price of $23,000,000, resulting in a PPSF of $2,194. As a unique bonus, the purchaser of unit 5901 was awarded a bespoke Aston Martin Miami Riverwalk Edition DBX as part of the deal.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $21,000,000
  • Property Address: 300 Biscayne Boulevard, Miami
  • Market: Miami
  • Square Footage: 9,573
  • Price Per Square Foot: $2,194

The sale of Aston Martin Residences' Sky Penthouse was facilitated by David Rocca from Ancona Real Estate. As the broker, David Rocca successfully closed the deal and represented the seller during the transaction.

Players

David Rocca

Ancona Real Estate

Broker

$21M

vol

1 deal

Broker

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

Aston Martin Residences bought a home in Miami for $21M in 2024. The full closing is on this page.

About $4.4K per square foot on a published $21M for 4,800 square feet (2024).

Visit Ancona Real Estate to view all their deals.

Browse Miami condo sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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