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    $37M Miami Beach Penthouse Atop Faena House Is This Week’s Most Expensive New Listing

    For a wealthy buyer who has everything, we’d like to recommend an oceanfront penthouse in beautiful Miami Beach. The $37 million price tag on this particular penthouse makes it the week’s most expensive new listing on®.

    Located atop Faena House, which features 47 ultraluxe units, this penthouse unit offers ocean views from 3,887 square feet of outdoor deck space. Accessible from every room, the decks are designed in an aerodynamic shape to cut down ocean winds.

    Miele appliances, Dornbracht bathroom finishes, marble flooring, and Crestron home automation systems, with a wall touch keypad to control lights, thermostat, and motorized shades, are standard in the upscale units in the Faena building. 

    The minimalist interiors incorporate walls of windows. Easy access to the terrace outside extends the generous living space. 

    Walls of windows

    Kitchen with bar seating

    Casual dining area

    One of the five bedrooms

    Wraparound deck

    In the listing details, the unit is said to provide a buyer with a “rarefied and bespoke lifestyle.” The furnished interior by Rob Wetzels includes many custom details, such as painted wall panels, intricate plasterwork, and mod decor.

    Guests enter via a private elevator foyer and entrance hall, and the 6,400-square-foot interior space includes five bedrooms and 6.5 bathrooms. A grand living room with soaring ceilings offers plenty of room for entertaining. 

    Along with a formal dining room, the open plan includes a gourmet kitchen with a bar island for seating. The kitchen adjoins a casual dining space, as well as an outdoor dining area. Massive terrace space provides plenty of room for lounging and enjoying meals al fresco.

    The waterfront building is named for the Argentine developer Alan Faena and was designed by the noted architecture firm Foster + Partners. Faena had plans to create an entirely new arts district around the hotel and residences with cultural venues, shopping, and entertainment. 

    A unit in the building set a county price record when it sold for $60 million in 2015, reportedly to the billionaire Kenneth Griffin, founder and CEO of the hedge fund Citadel. Griffin’s lavish penthouse includes a rooftop pool and 12,500 square feet of space. Along with the Faena House unit, he has amassed quite a portfolio of trophy residences.

    Other high-end amenities for well-heeled residents that Faena House offers include 24-hour door staff, security surveillance, underground parking and valet, an in-house spa, a fitness center with ocean views, and a beach club. Residents also receive full access to the adjacent Faena Hotel services.

    Oren Alexander with Douglas Elliman, who holds the listing, declined to comment on the unit.

    The post $37M Miami Beach Penthouse Atop Faena House Is This Week’s Most Expensive New Listing appeared first on Real Estate News & Insights |®.

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