Platinum Luxury Auctions Announces Penthouse Sale Pending at Record Price

Bal Harbour oceanfront residence will set new pricing record within building

PR Newswire

BAL HARBOUR, Fla., June 17, 2014 /PRNewswire/ -- Platinum Luxury Auctions, a market leader in the auction sale of luxury properties, has announced the pending sale of an oceanfront penthouse located in the Village of Bal Harbour in Miami-Dade County, Florida. The sale, following a live auction event held June 13th, will set a record price at the New Harbour House condominium development. While the final sale price for the property will be released upon settlement, Platinum reported the figure as "significantly exceeding" the building's existing price record of $1.36 million. The property was sold in cooperation with listing agents Eloy Carmenate and Mick Duchon of the Eloy Carmenate Group, an ultra-luxury sales team within ONE Sotheby's International Realty, a Miami-based real estate brokerage.

"This is our third successful sale in cooperation with the Eloy Carmenate Group, a team ranked among the Top 0.5% of brokers by The Wall Street Journal and a perennial top-producing sales team in the U.S.," said Trayor Lesnock, Platinum's president and founder. "It's an excellent example of how an elite brokerage team understands the utility of the luxury auction platform for the sale of their unique properties."

During a four-week preview period, the property received significant attention from both local and international buyers, with more than 2,250 recorded views of the property's digital brochure, 80 direct inquiries, and 62 on-site property visits. The buyer is a Brazilian businessman and owner of multiple properties in Miami-Dade County. He bested six other registered bidders from France, Brazil, Miami and the northeast U.S. in order to purchase the condominium.

The 15th floor penthouse at the New Harbour House condominium is a spacious, three bedroom residence with floor-to-ceiling windows highlighting captivating views of the Atlantic Ocean. The building was completely renovated by vaunted luxury condominium developer The Related Group in 2006, and now boasts amenities such as 24-hour concierge and security services, valet parking, cafe, gym and spa, as well as an oceanside pool and sundeck.

Located on the northern tip of Miami Beach and just a 15-minute drive from the heart of South Beach, Bal Harbour has been home to a notable list of residents such as Frank Sinatra and the Rat Pack, as well as Presidents Kennedy, Johnson and Nixon. The community is best known for its luxurious oceanfront developments and for the renowned Bal Harbour Shops, the world's leading luxury retail mall. The Village has an established reputation as a destination for international jet setters and luxury lifestyle enthusiasts.

For additional information on the sale please visit www.BalHarbourLuxuryAuction.com.

About Platinum Luxury Auctions
Platinum Luxury Auctions is a veteran auction firm specializing in the non-distressed sale of multimillion-dollar properties nationwide. The firm's principals have closed more than $345 million in luxury real estate auction sales, and have consulted on more than $1.25 billion in additional luxury properties. Learn more at PlatinumLuxuryAuctions.com.

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