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December 2, 2015 | In the News

Coldwell Banker Residential Real Estate’s Jon Corso Sells Oceanfront Faena House Condo for $15 Million

The 18-story luxury residential tower is the first part of the Faena District,
a residential, cultural and retail complex

MIAMI BEACH, FL (December 2, 2015) — Coldwell Banker Residential Real Estate sales associate Jon Corso of the Miami Beach Lincoln Building office has just sold an exceptional property – a luxury oceanfront condominium in Faena House, a spectacular 18-story residence tower designed by internationally renowned architects Foster+Partners. Corso represented the buyer in the sale.

“The Faena District development is much anticipated, and properties in the Faena House tower are highly coveted,” commented Corso. “My client is thrilled to be one of the premiere owners in this extraordinary community.”  

Located on the widest stretch of white sand in Miami Beach and just one block to Indian Creek along Collins Avenue, Faena House is ideally situated among the very best Miami has to offer. World-class shopping, dining, culture and entertainment are just minutes away. 

Faena House features 42 condominiums and offers residents an array of outstanding amenities, including 24-hour doorman, valet and concierge services; 24-hour security surveillance; private, secured underground parking with valet service; spa with separate men’s and women’s steam rooms and saunas, dressing rooms, showers and bathrooms; fitness center; children’s playroom; private beach club with cabana service; main pool and separate children’s pool.

The unit sold is on the 11th floor and features 4 bedrooms and 6.5 bathrooms in 4,730 square feet of indoor living space. A 1,516-square-foot wraparound balcony showcases the expansive beach and ocean views. The sale price of $15 million represents $3,171 per square foot.

About Coldwell Banker Residential Real Estate:
Coldwell Banker Residential Real Estate is a leading full-service residential real estate brokerage company with more than 85 offices and 5,100 sales associates serving the communities of Central Florida, Flagler, Brevard, Palm Beach, Northwest Florida, Southeast Florida, Southwest Florida and Tampa Bay. Worldwide, the Coldwell Banker network includes 3,000 offices with nearly 86,000 sales associates. Every day, Coldwell Banker Residential Real Estate properties are exposed to 16 million buyers on more than 725 high-traffic websites. For more information or to view local listings, visit ColdwellBankerHomes.com. To learn more about a career in real estate or affiliating with Coldwell Banker, visit CareersCB.com. Coldwell Banker Residential Real Estate is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company.