Maria & Sherlock D. Hackley, Jr. Acquire Key Biscayne Condo For $1.355M

A beachfront penthouse located at 600 Grapetree Drive in Key Biscayne has been sold in a closed transaction. The condo offers stunning views of the Atlantic Ocean, Downtown Miami, and the Bay, featuring floor-to-ceiling impact windows that fill each room with ample natural light. With a total area of 2,052 square feet, the property consists of 3 bedrooms, 3 bathrooms, a den, and a separate storage unit. This boutique-like building provides direct access to the ocean and is ideal for both family living and entertaining.

Summary of transaction details

• Property Type: Condo
• Transaction Amount: $1,355,000
• Address: 600 Grapetree Drive, Key Biscayne

The buyers of this beachfront penthouse are Maria and Sherlock D. Hackley, Jr. Represented by Jacqueline Cabrera from One Sotheby's International Realty, the Hackleys acquired this stunning property as their new home. On the other side of the transaction, Melva Garcia, a representative from Compass FL, assisted the sellers throughout the process.

A noteworthy detail about this transaction is that the property was sold twice within one year, resulting in a significant gain of 23%. Last year, Jacqueline M. Cabrera represented the sellers as the listing agent and sold the unit for $1,100,000. However, this year, she transitioned to the buyer's side and successfully negotiated the purchase of the penthouse for $1,355,000. The surge in condo sales due to limited inventory at the beginning of 2021 likely contributed to the successful sale of this property.

Overall, this beachfront penthouse at 600 Grapetree Drive in Key Biscayne offers a luxurious living experience with its breathtaking views, spacious layout, and prime location. The closed transaction between the buyers, Maria and Sherlock D. Hackley, Jr., and the sellers, with representation provided by Jacqueline Cabrera and Melva Garcia, marks another successful deal in the competitive real estate market.