The height of luxury is represented in the ultra luxury Apogee South Beach. The proof? A $14 million purchase on the 20th floor, which portends trends in Miami real estate, according to Techrin Hijazi of Brown Harris Stevens Miami, who co-listed the property with Mike Pagliccia of William Raveis.

“This was the first sale at Apogee in almost two years,” Techrin tells SFBW. “With at least six more sales pending, this dramatic increase in demand illustrates what sophisticated buyers are looking for at this moment and underscores the desirability of the Miami market overall. While many buyers have to opted for single family homes motivated by the pandemic, there is still significant demand for condos, particularly in buildings like Apogee that offer a coveted and rare combination of large floorpans, privacy, security, and incredible views.”

Some stunning details of the 4,000-square-foot residence include a movie theater and views of Miami, Fisher Island, PortMiami and South Beach. Inside, the design featured 19 specific colors meant to evoke South Beach’s Art Deco style among four bedrooms and 3.5 bathrooms.

According to public record, the seller was G Sofi Investments LLC, led by the Grindler family, and the buyer was Jim Pulaski, a former hedge fund manager with Tudor Investment Corp. According to The Real Deal, this is Pulaski’s second property at Apogee.

Source: https://sfbwmag.com/14-million-sale-sets-a-pattern-in-miami-beach/