Real Estate

The latest news from Miami’s 391-unit Aston Martin Residences is this week’s reveal of the properties at the very top of the 66-story building. A collection of seven single-floor penthouses, plus the building’s ‘crown jewel’—a three-level condo with one of Miami’s highest condo asking prices—are all available for sale as of this week.

The single-floor units range in price from $16.4 million to $25 million. Each unit includes a private terrace with its own pool plus the choice of either the Aston Martin DB11 coupe or DBX SUV. The interiors range from 8,800 square feet to just over 10,000 square feet.

The rendering below shows how each private penthouse floor looks over the building’s communal outdoor terrace. Look closely at the right hand corner of the penthouse levels to see the private pools planned for each unit.

At the top of the building are the three residential floors dedicated to the $50 million triplex, with nearly 20,00 square feet indoors and an additional 7,323 square feet of outdoor space. The unit comes with three wrap-around terraces on each level, one of which has a private lap pool. The unit is accessed by a private elevator and has an indoor gym, spa, staff quarters and three kitchens. The Aston Martin that comes with this sale is the rarely available Vulcan, of which only 24 are in existence. Current estimates for the car’s value peg it at $3.2 million, according to Alejandro Aljanati, CMO of G&G Business Developments, the development company overseeing the project.

At $50 million this seven-bed, eight-bath condo ranks as one of the most expensive asking prices for a condo in Miami real estate. A few years ago there was a $68 million unit for sale in the Eighty Seven Park building, but it sold for $37 million last year. A penthouse in the Continuum building sold for $35 million this spring.

These brisk sales are consistent with what the Aston Martin building has seen over the past year. Even though the building won’t be completed until 2022, by November of 2020 the building was already 60% sold. Aljanati provided an update this week saying, “We have recently reached 75% sold. The Miami market is experiencing a magnificent moment with an increasing population coming from the north, looking to find the cosmopolitan offering of this beautiful city.”

For more information head to the Aston Martin Residences website where they have floorplans published for each unit.

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