Apogee Condo South Beach Sold For $6,000,000

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Apogee Condo, South Beach, located at 800 South Point Drive, is one of the finest condominium buildings in Miami Beach. With only 67 private residences in the heart of South Beach, the Apogee boasts 10 feet high ceilings in every condo, as well as a midnight kitchen in every master bedroom, and a summer kitchen on each balcony. Each floor shares 4 apartments, and has a private elevator.

Two days ago, a beautiful Apogee condominium on the 11th floor (unit 1104) of the 22 stories high structure, sold for $6,000,000, only $800,000 below the asking price, or a discount of about 12%. In former times, a 12% discount would be pretty high, but not so in the presently depressed Miami real estate market.

The Apogee condo was advertised as being located on the best line in the prestigious South Beach condominium building. A spacious 4,154 square feet of living space is divided into 4 bedrooms, and 5 bathrooms, with intoxicating views of Biscayne Bay, and Fisher Island in the distance. One of the finest features of this beautiful unit is a terrace, extending 11 feet beyond the apartment’s exterior wall, and measuring an ample 2,400 square feet. Not bad for a South Beach condo that just sold for $1,444 per square foot.