FIRST ON PROFILE: Pinecrest Mansion Sells For Record $11.2 Million Complete With NFT Mansion In The Metaverse
FIRST ON PROFILE: Meta Residence, a new construction home in Pinecrest which launched in August 2022 as the world’s first-ever "MetaReal" Mansion, a real world new construction home being built in Miami with a digital twin in the Metaverse, has just sold in an all-cash transaction for $11.2 million. The sale marks it as the highest sale overall and highest price per square foot in Pinecrest at $1,335 PPSF.
Meta Residence, a new construction home in Pinecrest which launched in August 2022 as the world’s first-ever "MetaReal" Mansion, a real world new construction home being built in Miami with a digital twin in the Metaverse, has just sold in an all-cash transaction for $11.2 million. The sale marks it as the highest sale overall and highest price per square foot in Pinecrest at $1,335 PPSF. Michael Martinez and Kiki Rutten with ONE Sotheby’s International Realty represented the seller, while Martinez repped the undisclosed buyer.
Meta Residence is a collaboration between ONE Sotheby’s International Realty, Voxel Architects and general contractor and NFT collector Gabe Sierra of Sierra Development to develop the first real-world mansion being constructed in Miami with a virtual counterpart coming to life inside of The Sandbox metaverse. The purchaser receives both the NFT of the asset and the physical home.
Located on a 1+ acre within one of Miami’s most sought-after neighborhoods, the 11,000 square-foot newly built tropical estate features 7 bedrooms and 9 bathrooms. The home also a separate guest house with its own entrance and garage and a chef's dream kitchen with state-of-the-art appliances, accompanied by a wine cellar and a wet bar. The luxe master suite features a sitting room and a spa-like bath with a soothing soaking tub. The residence also offers panoramic outdoor views, highlighted by a resort-style pool, an inviting infinity spa, a covered terrace, a summer kitchen, and a sprawling yard. The virtual version is a mirror image of the property.
Images via 1OakStudios / ONE Sotheby's International Realty
Take A First Look At 'MetaReal' Mansion To Be Sold Via NFT As Real Home And Digital Twin In Metaverse
Meta Residence has revealed a first look of the world’s first-ever "MetaReal" Mansion, a real world new construction home being built in Miami with a digital twin in the Metaverse. ONE Sotheby’s International Realty and Voxel Architects have aligned with general contractor and NFT collector Gabe Sierra to build and sell Meta Residence, the first real-world mansion being constructed in Miami.
Meta Residence has revealed a first look of the world’s first-ever "MetaReal" Mansion, a real world new construction home being built in Miami with a digital twin in the Metaverse. ONE Sotheby’s International Realty and Voxel Architects have aligned with general contractor and NFT collector Gabe Sierra to build and sell Meta Residence, the first real-world mansion being constructed in Miami with a virtual counterpart coming to life inside of The Sandbox metaverse. The purchaser of the NFT asset will also acquire ownership rights of the physical home.
Located on a 1+ acre within one of Miami’s most sought-after neighborhoods, the 11,000 square-foot home will feature 7 bedrooms and 9 bathrooms. The virtual version will be a mirror image of the property.
Kiki Rutten and Michael Martinez with ONE Sotheby’s International Realty are the exclusive sales agents for the project and plan to execute the transaction on the Ethereum blockchain. The metaverse mansion is expected to list for auction in early 2023 with a yet to be disclosed reserve price.
Interested bidders can register to be approved for the pre mint list here: https://www.premint.xyz/meta-residence-one/
Renderings via Meta Residence
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