We are excited to announce the opening of our new Brickell office in the heart of Miami’s Financial District. This will be our 7th office in South Florida, which will give the company access to the business community in Downtown Miami. The opportunity to open this space was made possible by by joining forces with Larusso Realty Inc., that are established as top brokers in the area. ”Having this office in the heart of South Florida makes sense because it gives the Sotheby’s brand presence in such a prestigious area.” says company President and COO, Beth Butler.
Stefano Lorusso, founder of Lorusso Realty Inc, has been operating in South Florida since 2004. The focus of his organization is primarily high end residential real estate in Miami Beach and South Miami. His team consists of 6 multi-language professional real estate agents. With a strong focus in the European clientele for South Florida, the Brickell office for will have personnel that speak Italian, French and Spanish.
“As we keep growing with international buyers we need the solid foundations and global network of Sotheby’s International Realty, says Stefano Lorusso. “ONE | Sotheby’s is the perfect match for our organization and we look forward to working with them.”
The new Brickell office will house 20 new agents and is located at 999 Brickell Avenue, Suite 900. To see all of ONE | Sotheby’s listings in Brickell, click here: Brickell Listings.
There has been a significant rebound in the luxury condo market this year and sales have exceeded expectations in Coral Gables, Miami Beach, Downtown Miami and other metropolitan areas in South Florida. More buyers are being attracted by the top of the line amenities offered at high-rises such as the W South Beach and The Setai as well as stunning views and central locations. Demand for these properties is growing rapidly and One Sotheby’s is servicing the needs of buyers and sellers.
In the last 12 months, 12 luxury condos have sold for over $5 million or higher in Miami-Dade County. Currently, the average price for a significant luxury condo is $1000+ with 103 condos priced at over $5 million listed in the MLS (approximately 5,000+sq ft), which is the lowest inventory point in the past two years. Just in the last 60 days, notable sales include the elegant Tower Suite in Gables Club for $9 million to a buyer from Ocean Reef. Also, the Penthouse at the Marquis closed at $4.2 million, making it the highest residential sale in Downtown Miami and a penthouse at The Setai in Miami Beach fetched an impressive $15 million. The highest listed luxury condo in the market is the 6,026 sq. ft. penthouse at The Setai– priced at $27 million, the property boasts a sky roof top terrace, custom woodwork and perks such as concierge, room service, state of the art fitness center, restaurants and three main pools.
Demand for these luxury condo properties keeps growing rapidly, guaranteeing more $5million+ sales before the year’s end. Visit our website and YouTube channel to browse virtual tours of the fabulous One Sotheby’s luxury condo listings.
Spectacular Dining Room of The Setai PH
Rooftop Sky Terrace of The Setai PH