Sotheby's Concierge Auctions Brings Tri-Level Trophy Penthouse at Brickell Flatiron Currently Listed For $14.9 Million To Sell at Auction

A breathtaking tri-level trophy penthouse within Brickell’s iconic Flatiron is set to sell at auction via Sotheby’s Concierge Auctions in cooperation with Jonathan Garcia and Elena C. Bluntzer of ONE Sotheby’s International Realty. Listed for $14.9 million, bidding will open on 18 February via the firm’s online marketplace and culminate live on 28 February during ModaMiami, the ultimate luxury event on the East Coast.

Built for a new generation of discerning car enthusiasts, ModaMiami caters to true connoisseurs of style. Returning for a second year, Sotheby’s Concierge Auctions will feature some of the finest Sotheby's-represented properties alongside rare and collectible automobiles during its auction event at The Biltmore Hotel Miami - Coral Gables in partnership with RM Sotheby's, as the world’s leading auction house for rare and collectible cars and the world's leading auction house for luxury real estate, come together. Bidding will continue online throughout March.

“This penthouse offers a rare combination of scale, privacy, and design flexibility at the top of one of Miami’s most iconic residential towers,” said Chad Roffers, CEO and Co-Founder of Sotheby’s Concierge Auctions. “Presenting this property through a time-certain auction allows us to connect it with qualified global buyers who recognize the opportunity to create a truly bespoke residence in the heart of Brickell.”

Soaring across three private floors accessible by a dedicated in-residence elevator, the over 7,800-square-foot penthouse represents the pinnacle of designer-ready luxury in Miami’s most prestigious financial district. Triple-height ceilings and floor-to-ceiling impact glass frame more than 200-degree panoramic views of the city skyline and Biscayne Bay, while expansive wraparound terraces on every level extend the living experience outdoors. Vast open-plan interiors offer an unprecedented canvas for bespoke customization, with five bedroom suites, seven full bathrooms, and two powder rooms in a rare corner configuration.

“This is a one-of-a-kind offering within Miami’s urban core,” added Garcia. “From its dramatic vertical volume and panoramic views to its private rooftop pool, the penthouse offers a level of architectural presence and lifestyle potential that is exceptionally rare. Partnering with Sotheby’s Concierge Auctions and RM Sotheby’s for ModaMiami allows us to introduce this extraordinary residence to a worldwide audience actively seeking the finest in trophy assets and luxury offerings.”

The crown jewel of the residence is the ultra-private rooftop, where an exclusive pool and expansive entertainment terrace create an extraordinary sanctuary beneath an endless sky. With sweeping sunrise-to-sunset vistas, a prepared wet bar, and space designed for alfresco gatherings, the rooftop offers a level of privacy, scale, and versatility seldom found in urban luxury living. Completed in 2020, Brickell Flatiron combines architectural distinction with modern systems and premium building amenities.

Residents of the Brickell Flatiron enjoy five assigned parking spaces with valet service, 24-hour security and a doorman, a state-of-the-art fitness center, a resort-style pool and spa, a clubhouse and business center, and secured elevator access—all moments from acclaimed dining destinations including Zuma, Sexy Fish, Komodo, and Delilah, as well as cultural attractions such as Pérez Art Museum Miami and Wynwood Walls. Luxury shopping, pristine beaches, marinas, championship golf courses, and world-renowned events, including Art Basel Miami Beach, complete the unparalleled lifestyle offering.

As part of Sotheby’s Concierge Auctions' Key For Key® giving program in partnership with Giveback Homes, the closing will result in funding towards new homes built for families in need. Agents will be compensated according to the terms and conditions of the Listing Agreement. Brickell Flatiron was developed by Ugo Colombo’s CMC Group and delivered in 2020 and is home to the popular restaurant Sexy Fish.

Imagery and Renderings via Lux Media Group and Carol Villela

Past PROFILEmiami articles about Brickell Flatiron:

For more information about the Penthouse, Brickell Flatiron or to inquire about purchasing a unit please fill out the form below:

Regalia Penthouse In Sunny Isles Beach Closes For $20 Million Via Auction

The penthouse at Regalia lated at 19575 Collins Ave PH43 in Sunny Isles Beach has sold via auction for $20.552 Million. The lavish residence was sold by Jeff Miller with ONE Sotheby’s International Realty and Concierge Auctions, whose marketing efforts resulted in 1,000+ prospects, 42 showings and 11 bidders in just 5 weeks. Mark Pordes and Adam Kaufman with Pordes Residential represented the buyer. As part of Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, the closing of The Regalia Penthouse will result in a new home built for a family in need.

The property includes 6 bedrooms, 7.5 bathrooms and occupies the top 3 floors of the oceanfront tower. The turn-key unit is designed by world-renowned architect Charles Allem of CAD International, incorporating onyx, mixes of leather and lacquer, brushed limestone, fine wood and designer wall coverings.

The penthouse offers panoramic ocean views with 360-degree views of sunrises and sunsets all throughout the home. The great room features 20-ft high ceilings displaying a chandelier with 225-plus floating tubular glass pendants. The residence also features a $1 million dollar bookmatched marble spa spanning 1,500-square-feet of space which covered from floor to ceiling in stunning marble, and features a couples jacuzzi, massage room, private sauna and steam room with a towel-warming wall.

Other features include a $100,000 bar made from a single slab of amethyst stone and a 500-bottle+ temperature-controlled wine cellar, a circular glass elevator, movie theater, game room, multiple midnight kitchens, and a Poliform Italia custom kitchen with $10k fridge, Wolf & Sub-Zero appliances and more.

Outdoors offers summer kitchen, a retractable roof, full pool cabana bathroom, sky bar with lounge seating and a private pool with cascading waterfall.

The boutique Regalia building houses only 40 residences and amenities including a concierge, full-service spa, beach & pool, a private wine vault, business center, children's room, library, yoga studio & fitness center.

Images via Charles Josset from Photostetic

Distressed Office Building In Lake Worth Auctioned On Ten-X For $5.5 Million

A distressed office building in Lake Worth, FL has successfully been auctioned on the Ten-X online auction platform as the sale reflects the low inventory yet high demand for distressed and medical office assets. JFK Medical Building, located at 4801 South Congress Ave. in Lake Worth, closed for $5.55 million in the online auction.

JFK Medical Building is a four-story, multi-tenant medical office building totaling 35,078 rentable square feet. The property is located at 4801 South Congress Ave in Lake Worth, situated in one of the two primary office nodes of Palm Beach County’s Palm Springs/Lake Worth submarkets.

Avison Young Principals John K. Crotty, CCIM; David Duckworth; Michael T. Fay, who is also Managing Director of the firm’s Miami office; Vice President Brian de la Fé; and Associate Berkley Bloodworth completed the sale of the foreclosure property on behalf of the owner, JPMCC 2006-LDP7 OFFICE 4801, LLC. BD 4801, LLC was the buyer.

“As REO [real estate owned] distressed asset inventory remains low, the 30-percent-occupied JFK Medical Building represented a significant investment opportunity at a considerable discount to replacement cost,” said Crotty. “The asset’s recent renovations, coupled with it’s proximity to the JFK Medical Center, will provide the buyer with tremendous upside from lease-up opportunities.”

Located within a half-mile of the main campus of the JFK Medical Center, a 486-bed medical and surgical facility, and HCA East Florida-affiliated hospital, JFK Medical Building boasts excellent frontage, access, and visibility on Congress Avenue, and is just one mile west of Interstate 95. Over the past two years, ownership invested over $500,000 in major capital expenditure work including, new elevator cabs, a new common-area HVAC system, new flooring in the lobby, a resealed parking lot, new exterior landscaping, refaced monument signage, and a partial ceiling tile replacement.

Leasing activity has been strong in Palm Beach County to date in 2021, with strong in-migration coming from the Northeast contributing to the market’s economic growth. As a result, average base rents the county continue to climb and are among the highest in the country, according to Avison Young.

For more information about commercial sales or leasing in the Palm Beaches, private showings or availability/ pricing information please fill out the form below:

The $159 Million Playa Vista Isle Sells At Auction To Teavana Co-Founder Andrew Mack For $42.5 Million

Teavana co-founder Andrew Mack has purchased Playa Vista Isle for a massively discounted $42.5 million. The Versailles-inspired estate in Hillsboro Beach made headlines when it hit auction in November after being listed for $139 million in 2014 and raising to $159 million in 205 before being delisted in 2016. Playa Vista Isle is a Neoclassical work of art that is spread out on five acres on one of the highest points of Florida's "Millionaires Mile," and was one of the most expensive real estate listings in the country. The estate was auctioned without reserve at a live auction on November 15, 2019 via Concierge Auctions in cooperation with ONE Sotheby's International Realty and the $42.5 million does not include the buyer’s premium. The auction received attention from 11 bidders before Andrew and Nancy Mack won with the highest bid which is the most expensive residential sale ever to close in Broward County as well as the most expensive to close in 2018. Playa Vista Isle was developed by Robert Pereira, previously called Le Palais Royal, with construction costs in excess of $100 million.

Sean Murphy of Coastal Construction has previously stated, “Our client not only wanted a house with world-class finishes, he wanted a house built to last generations. At every stage of construction, no expense was spared. A house this size with the same spare-no-expense approach, ultra-high-end finishes, and over-the-top unique features like an IMAX theater, could easily have construction costs in excess of $100 million for the building itself.”

The estate was completed in 2018 and ideally located in Hillsboro Beach, which is midway between the metropolitan areas of Miami and Palm Beach, Playa Vista Isle is the only Ocean-to-lntracoastal Waterway estate on the entire Gold Coast to offer both 500± feet of private oceanfront beach as well as two deep-water docks. Play Vista Isles spans 58,000 SF with 11 bedrooms and 22 bathrooms matched with world class amenities including the world's first private 3D-IMAX© in-home theater, a 20-car garage with secure tunnel access, 3,000± bottle wine cellar with individually-controlled temperature and humidity secured by biometric access with an adjacent tasting room, 4,500-square-foot heated infinity edge pool, a Jacuzzi perched 40 feet above the ocean featuring unobstructed panoramic views of the horizon, 13 water features including six waterfalls, and a putting green. The property was carefully constructed using hand-selected finishes from around the globe highlighted with 22-karat gold leaf gilding.

For more information about estates in Hillsboro Beach, private showings or purchasing information please fill out the form below:

Concierge Auctions and ONE Sotheby’s International Realty to Sell $159 Million Florida Estate Without Reserve

Playa Vista Isle, a Neoclassical work of art, is spread out on five acres on one of the highest points of Florida's "Millionaires Mile," and is one of the most expensive real estate listings in the country at $159 million. The unique estate will sell Without Reserve at a live auction on November 15th via Concierge Auctions in cooperation with ONE Sotheby's International Realty.

Completed in 2018 and ideally located in Hillsboro Beach, which is midway between the metropolitan areas of Miami and Palm Beach, Playa Vista Isle is the only Ocean-to-lntracoastal Waterway estate on the entire Gold Coast to offer both 500± feet of private oceanfront beach as well as two deep-water docks.

With 11 bedrooms and 22 bathrooms, Playa Vista Isle's amenities include: the world's first private 3D-IMAX© in-home theater, a 20-car garage with secure tunnel access, 3,000± bottle wine cellar with individually-controlled temperature and humidity secured by biometric access with an adjacent tasting room, 4,500-square-foot heated infinity edge pool, a Jacuzzi perched 40 feet above the ocean featuring unobstructed panoramic views of the horizon, 13 water features including six waterfalls, and a putting green.

These unique features, among many others, establish Playa Vista Isle as oen of the most unique, premier properties in the entire country. Encompassing more than 58,000-square-feet, the property was carefully constructed using hand-selected finishes from around the globe highlighted with 22-karat gold leaf gilding. Playa Vista Isle was awarded the "World's Best Property”, “Best Residential Property-Florida”, and “Best Architecture Single Residence-Florida" by the International Property Awards.

Sean Murphy of Coastal Construction states, “Our client not only wanted a house with world-class finishes, he wanted a house built to last generations. At every stage of construction, no expense was spared. A house this size with the same spare-no-expense approach, ultra-high-end finishes, and over-the-top unique features like an IMAX theater, could easily have construction costs in excess of $100 million for the building itself.”

The property is a piece of structural art that cannot be replicated, which makes it very difficult to value and lends itself well to the Concierge Auctions platform.

Article by: Stephanie Warren

For more information about this property, private showings or purchasing information please fill out the form below:

46 Star Island, Previously The Most Expensive Home For Sale In Miami and Originally Built By Carl Fisher, Drops Price To $48 Million

The legendary cul-du-sac, located at 46 Star Island, which was originally built by the "founder" of Miami Beach Carl Fisher, has dropped its price from a city high $65 million to $48 million. The mansion also previously listed via auction without reserve on January 31 with Concierge Auctions in December but did not sell. 

46 Star Island features 10 bedrooms, 12 bathrooms with over 18,356 SF of living area. The estate was completely renovated in 2016 keeping the classic Mediterranean design with modern features such as a new kitchen and updated living areas. Luxurious features and finishes cover every inch of the property such as a large, ornate living room with vaulted ceiling; clerestory and arched casement windows, 3,000-bottle wine cellar, billiard room with wet bar, gym, office, staff quarters, sun room, formal dining room, guest quarters, and a massive chef's kitchen. Outside features over 250' of waterfront complete with lounge areas, exotic landscaping, resort style pool with cabana, and 2 private docks on of which with has a boat lift, all offering stunning views of Biscayne Bay and Monument Island. 

46 Star Island is currently listed for $48 million with listing agents Alexa Iacovelli and Mirce Curkoski of ONE Sotheby's International Realty. 

Photos by Alex Tarajano Photo

$65 Million Star Island Mansion Originally Built By Carl Fisher Heads To Auction January 31

The $65 million Star Island mansion that was previously held the title of being the most expensive property for sale in Miami will be heading to auction without reserve on January 31 after a month long marketing period. The auction will be conducted by Concierge Auctions in cooperation with listing agents Alexa Iacovelli and Mirce Curkoski of ONE Sotheby's International Realty. The legendary cul-du-sac, located at 46 Star Island, was originally built by the "founder" of Miami Beach Carl Fisher and features 10 bedrooms, 12 bathrooms with over 18,356 SF of living area. The estate was completely renovated in 2016 keeping the classic Mediterranean design with modern features such as a new kitchen and updated living areas. Luxurious features and finishes cover every inch of the property such as a large, ornate living room with vaulted ceiling; clerestory and arched casement windows, 3,000-bottle wine cellar, billiard room with wet bar, gym, office, staff quarters, sun room, formal dining room, guest quarters, and a massive chef's kitchen. Outside features over 250' of waterfront complete with lounge areas, exotic landscaping, resort style pool with cabana, and 2 private docks on of which with has a boat lift, all offering stunning views of Biscayne Bay and Monument Island. The auction will be held on January 31 without reserve. 

Photos by Alex Tarajano Photo