Sunny Isles Penthouse Sells for $23.5 Million Via Social Media

In yet another sign of a roaring housing market, a penthouse at Jade Signature in Sunny Isles recently sold virtually without the buyer even stepping foot on the property. Realtor Chad Caroll of Compass, connected with buyer Adam Weitsman, a billionaire ​scrap metal recycling and crypto entrepreneur, through social media and closed the $23.5 million deal without ever meeting in person. 

 “This sale is a testament to the power of social media in real estate,” Carroll says. “My social pages have become an invaluable tool to connect with buyers and sellers from around the world and I am seeing more deals than ever before directly converting from my strong online presence.”

The sale set a record price for the Jade Signature building, developed by Fortune International Group. There are now only two sky villas remaining, the last developer units available. Sandra Chartouni with Fortune International Realty represented the seller. Fortune International Group provided the financing to the buyer through the sister company Vaster which offers private loans for premier residential properties in Florida and New York. 

“We believe the buyer has acquired one of the best penthouse properties in all of Miami at Jade Signature,” Edgardo Defortuna says, CEO & President of Fortune International Group. “Not only is the home over 11,000 square feet of space, but it encompasses a full-floor with a continuous balcony and stunning 360-degree oceanfront views.” 

 The residence is a one-of-a-kind, two-story penthouse with seven bedrooms/9.5 baths, 11,661 square feet and over 7,500 square feet of wrap-around balconies with an oversized jacuzzi overlooking the ocean. This two-story residence has a double primary suite with a private elevator to the second-floor entertainment lounge. The first level is the main master bedroom with dual sitting areas, master study, midnight bar, his and hers bathrooms and his and hers dressing areas. The second-floor master wing includes an entertainment lounge, midnight bar, full bathroom, sauna and steam room.

You May Also Like
Where the Billionaires Bought 

South Florida’s Defining Year in Luxury Real Estate.

Read More
Aerial view of a large, elegant white mansion with manicured gardens and palm trees, located on a beachfront with clear blue ocean and sky in the background. Neighboring luxurious homes line both sides. South Florida Business & Wealth
The Hamptons of South America?

Why Punta del Este May Be the Next Great Escape for American Buyers.

Read More
South Florida Real Estate Heats Up with Three Major Deals

From multifamily to office and redevelopment, this week’s top transactions across the tri-county market.

Read More
Mall Makeover

Fort Lauderdale’s Galleria Mall Gets New Life Under Retail Veteran Sandeep Mathrani

Read More
Other Posts
Excel Group Bets Big on Broward’s Growth Corridor

Private Equity Snaps Up Coconut Creek Hotel Portfolio for $21.17 Million

Read More
Big Four Firm Deepens South Florida Roots

PwC Expands Footprint in Palm Beach County Amid Wealth Migration Boom

Read More
Powering the Past and the Future

Florida Power and Light Turns 100.

Read More
The Real ROI: Boynton Beach’s New Housing Project

PulteGroup Tackles the Region’s Quiet Crisis: Housing the People Who Power the Economy

Read More