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Two Condo Penthouses in Fontainebleau Resort in Miami Beach Close for Record Amount

Two condo penthouses at Fontainebleau Resort in Miami Beach recently closed for a combined record of $27 million. Coldwell Banker Realty’s Michele Redlich, lead agent for the Michele Redlich Group, represented the buyer of the only two condo penthouses at Fontainebleau Resort in Miami Beach. Located in Fontainebleau II, it is the tallest of the resort’s buildings at 37 stories. 

Four buildings comprise the oceanfront Fontainebleau Resort, with two strictly hotels and the Fontainebleau II and III condo buildings. The Fontainebleau Resort is located in Millionaires Row, north of South Beach, south of Bal Harbour, and east of the Design District and downtown Miami. After appearing in numerous movies, television shows, music lyrics, and nationally televised sporting events, it was placed on the National Register of Historic Places in 2008.

Redlich, a veteran agent who has been selling real estate for 27 years, specializes in condos such as Fontainebleau II and III and nearby buildings. She has sold 481 resale apartments at Fontainebleau II and Fontainebleau III. The Fontainebleau II building comprises 462 units, 50% studios and 50% one-bedroom apartments.

The buyer of the two penthouses has yet to make plans to combine the two units. The terraces of the two units are accessible to walk through from one to the other, thus connecting the penthouses from the exterior. The combined areas of the two units represent 9,000 square feet with two rooftop pools, 10 bedrooms, 10 full bathrooms and two and a half baths. The penthouses offer 360-degree unobstructed views of the ocean.

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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.