South Florida Sun-Sentinel Palm Beach (Sunday)

Zaha Hadid-designed building with exoskeleto­n has penthouse available

- Correspond­ent

By Robyn A. Friedman

Buyers looking for an opportunit­y to purchase a penthouse condominiu­m in a building designed by renowned architect Zaha Hadid should check out a 9,200-square-foot unit in Miami that was listed last month for $33.7 million. The building even has a private helipad for easy access to the airport or a private yacht.

The “contempora­ry chic” unit, #5401 at 1000 Biscayne Blvd., is located in One Thousand Museum, a luxury 62-story known for its unique design that incorporat­es an exoskeleto­n.

The residence, completed in 2019, comprises a full floor and has five bedrooms and a total of seven baths. Interior features include glass walls, 12-foot ceilings, a master wing, four additional suites with spa baths, a movie theater and an open floor plan. There’s also a 1,200-square-foot terrace and 360-degree views.

“Zaha Hadid is an icon,” said Lourdes Alatriste, an executive director of luxury sales for Douglas Elliman Real Estate in Coral Gables, who holds the listing. “An architect of this caliber has builders of the same status. It’s a very chic building.”

Building amenities include a fitness center, spa, pools, a Sky Lounge for gatherings, a private dining room and the first private rooftop helipad on a residentia­l building in Miami. There’s also a bank-quality vault with individual safe deposit boxes.

The owner, an investor who purchased the unit from the developer in August 2019, along with several other units, paid $10.4 million for it. He originally planned to move into the unit but is now selling it because his plans changed, Alatriste said.

According to Douglas Elliman, prices of luxury condominiu­ms in the Miami area have risen for six straight quarters, with the percentage of units selling after a bidding war reaching its highest level in four years of tracking.

The median sales price of a luxury condominiu­m (the top 10 percent of sales) rose 34.4 percent between the fourth quarter of 2020 and the fourth quarter of 2021, while listing inventory declined 58.2 percent during the same period.

Demand was unpreceden­ted due to low mortgage rates, the lack of a state income tax in Florida and the ability of buyers to work remotely.

 ?? ??
 ?? ?? The“contempora­ry chic”unit comprises a full floor and has five bedrooms and seven baths. Interior features include glass walls, 12-foot ceilings, a master wing, four additional suites with spa baths, a movie theater and an open floor plan. There’s also a 1,200-square-foot terrace and 360-degree views.
The“contempora­ry chic”unit comprises a full floor and has five bedrooms and seven baths. Interior features include glass walls, 12-foot ceilings, a master wing, four additional suites with spa baths, a movie theater and an open floor plan. There’s also a 1,200-square-foot terrace and 360-degree views.
 ?? ??

Newspapers in English

Newspapers from United States