Thursday , 24 July 2014
Breaking News

Marina Palms Yacht Club & Residences Sells $4.3 Million Penthouse

Marina Palms Yacht Club & Residences sold its most expensive penthouse residence in the North Tower that commanded a $4.3 million purchase price at $1,000 per square foot.

The 4,320-square-foot palatial penthouse residence consists of four bedrooms, fourand- a-half bathrooms and a den. Floor toceiling windows and two expansive terraces provide breathtaking, panoramic views of the Sunny Isles skyline and beyond to the Atlantic Ocean. The buyer was seeking a spacious penthouse-level residence on the water to be used as a second home in Miami. The buyer was searching for a unique luxury residence and decided to take advantage of the value our sky residences offer at Marina Palms, according to Michael Internoscia, Marina Palms Yacht Club & Residences director of sales.

“Condominium developments have recently made waves in the market with penthouses priced in the tens of millions of dollars – and thousands of dollars per square foot. Yet none come standard with the amenities and features available at Marina Palms Yacht Club and Residences,” said Internoscia. “From 10-foot-plus ceiling heights to top-of-the-line finishes and appliances, our value proposition is unrivaled in today’s marketplace.”

The penthouse residences come standard with designer finishes, two reserved parking spaces, secured elevator access, as well as Snaidero cabinetry, stone counter tops,Wolf appliances with double wall ovens, a builtin coffee system, Sub-Zero refrigerator and a dual-zoned wine storage unit that holds up to 78 bottles.

Located at 172nd Street and Biscayne Boulevard in North Miami Beach, Marina Palms Yacht Club & Residences offers amenity rich living, unparalleled services and a boating lifestyle designed for yachting enthusiasts. With one million square feet of livable space fronting a waterfront promenade, the two-tower residential development will entice any buyer in search of luxury waterfront living.

Construction has begun on the nearly sold out North Tower, and sales on the newly unveiled South Tower have recently commenced, offering buyers even more choices with revised floor plans and a refined interior design.

For sales information visit www.marinapalms.com or contact Sales Director Michael Internoscia at minternoscia@marinapalms.com or call (305) 508-5552. About Marina Palms: Marina Palms Yacht Club & Residences represents the first luxury high-rise and fullservice marina/yacht club development in Miami-Dade County in more than 20 years. Developed by affiliates of The Plaza Group and The DevStar Group, the two residential towers each will have 25 floors with a combined 468 condo units. The marina and yacht club will offer concierge service and 112 slips with mooring for yachts in excess of 90 feet. To learn more, visit www.marinapalms.com.