fbpx

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

Catalfumo Companies Receives Approval to Construct 620 Additional Multi-Family Units at PGA Station

The transit-oriented project in Palm Beach Gardens features workforce housing units.

Discover the Essence of Luxury Living in Lighthouse Point

The estate is situated on a 1.7-acre peninsula of Caps Island, boasting an impressive 889 feet of shoreline.

Century Town Center Opens as Doral’s Newest Rental Property 

The luxury mixed-use rental property offers a luxury living and retail experience.

Sales Begin for Mr. C Residences West Palm Beach

Douglas Elliman is the exclusive sales leader for downtown West Palm Beach’s first branded luxury development.

Other Posts

Excel Construction of Florida Unveils Modern Office Facility in Pembroke Pines

The 25,300-square-foot workspace is in the Edison Pembroke Pines office building.

Pagani Joins Luxury Car Branded Condo List in Miami

Fortune Development Sales will lead sales and marketing. Pagani Residences are priced starting at $2.4 million.

Fort Lauderdale Downtown Development Authority Releases Economic Report

The area is currently experiencing a resurgence in public spaces as part of a more extensive $350 million program of citywide park enhancements, with more than $100 million in park improvements underway.

Real Estate Trifecta on Palm Island

The parcels sprawl over two acres and feature downtown Miami views.

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.