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ONE Sothebys International Realty Closes Significant Sale in Miami Beach

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Farid Moussallem, licensed real estate agent, closes a $19.8 Million Residence

MIAMI- July 19, 2011- ONE Sothebys International Realty, the leading luxury real estate firm throughout South Florida, announces today the closing of an exclusive island residence on Sunset Island I in Miami Beach. Farid Moussallem, a licensed real estate agent with ONE Sothebys International Realty, represented the buyer in this transaction. The closing of this home is an example of some of the recent high priced closings by this globally recognized real estate firm.

Farid Moussallem joined ONE Sothebys International Realty in August 2010 and specializes in selling luxury residences in Miami Beach. In the first half of 2011, ONE Sothebys International Realty has closed $500 Million in residential sales. Some of these sales include 27 Star Island which closed for $10,750,000.00 and 3500 Curtis Lane for $13,419.00. The estate located at 1736 W 28th Street on Sunset Island I closed July 19 for $19.8 Million. The historical property was designed by Maurice Fatio in 1936, and is nestled on a 70,886 square foot lot. The neoclassic home has extravagant contemporary interiors and features 7 bedrooms and 7.5 bathrooms. In addition, the home offers a 3 car garage and an Olympic size swimming pool which blends perfectly into the surroundings of this tropical haven. The property highlights the sensational water views that overlook Biscayne Bay and the renowned Magic City skyline.

Luxury real estate is moving in a positive direction in South Florida, says Farid Moussallem, licensed real estate agent of ONE Sothebys International Realty. This residence offers remarkable amenities and was only listed on the market for a few months. The property was listed for over 1 year on and off. This is a landmark residence and the perfect testament to the level of sophisticated clients we represent. We are witnessing luxury buyers in South Florida who have the capital to purchase but are specific to their needs and are waiting for the home they want to come online.

The buyer of 1736 SW 28th Street on Sunset Island I is Sunset Aqua 1736, LLC. ONE Sothebys International Realty continues to make strides in South Florida by expanding into new luxury communities and positioning themselves with innovative marketing tools. For more information please visit, www.onesothebysrealty.com.

Farid Moussallem, licensed real estate agent, closes a $19.8 Million Residence

MIAMI- July 19, 2011- ONE Sothebys International Realty, the leading luxury real estate firm throughout South Florida, announces today the closing of an exclusive island residence on Sunset Island I in Miami Beach. Farid Moussallem, a licensed real estate agent with ONE Sothebys International Realty, represented the buyer in this transaction. The closing of this home is an example of some of the recent high priced closings by this globally recognized real estate firm.

Farid Moussallem joined ONE Sothebys International Realty in August 2010 and specializes in selling luxury residences in Miami Beach. In the first half of 2011, ONE Sothebys International Realty has closed $500 Million in residential sales. Some of these sales include 27 Star Island which closed for $10,750,000.00 and 3500 Curtis Lane for $13,419.00.

The estate located at 1736 W 28th Street on Sunset Island I closed July 19 for $19.8 Million. The historical property was designed by Maurice Fatio in 1936, and is nestled on a 70,886 square foot lot. The neoclassic home has extravagant contemporary interiors and features 7 bedrooms and 7.5 bathrooms. In addition, the home offers a 3 car garage and an Olympic size swimming pool which blends perfectly into the surroundings of this tropical haven. The property highlights the sensational water views that overlook Biscayne Bay and the renowned Magic City skyline.

Luxury real estate is moving in a positive direction in South Florida, says Farid Moussallem, licensed real estate agent of ONE Sothebys International Realty. This residence offers remarkable amenities and was only listed on the market for a few months. The property was listed for over 1 year on and off. This is a landmark residence and the perfect testament to the level of sophisticated clients we represent. We are witnessing luxury buyers in South Florida who have the capital to purchase but are specific to their needs and are waiting for the home they want to come online.

The buyer of 1736 SW 28th Street on Sunset Island I is Sunset Aqua 1736, LLC.

ONE Sothebys International Realty continues to make strides in South Florida by expanding into new luxury communities and positioning themselves with innovative marketing tools. For more information please visit, www.onesothebysrealty.com.

About ONE Sothebys International Realty:

ONE Sothebys International Realty is the leading luxury real estate brokerage firm in South Florida. The firm has opened offices in Fort Lauderdale, Coral Gables, Miami Beach and Key Biscayne and recruited more than 250 agents in just two years. A technology innovator, ONE Sothebys International Realty launched their home search iPad application in October. An affiliate of Sothebys International Realty, the global network currently has more than 10,900 sales associates throughout 500 offices in 42 countries and territories worldwide. ONE Sothebys International Realty also benefits from an association with the venerable Sotheby's auction house, established in 1744. For more information, please visit www.onesothebysrealty.com.

About Sothebys International Realty Affiliates LLC

Sothebys International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sothebys auction house, established in 1744. For more information, visit www.sothebysrealty.com.

Farid Moussallem, licensed real estate agent, closes a $19.8 Million Residence

MIAMI- July 19, 2011- ONE Sothebys International Realty, the leading luxury real estate firm throughout South Florida, announces today the closing of an exclusive island residence on Sunset Island I in Miami Beach. Farid Moussallem, a licensed real estate agent with ONE Sothebys International Realty, represented the buyer in this transaction. The closing of this home is an example of some of the recent high priced closings by this globally recognized real estate firm.

Farid Moussallem joined ONE Sothebys International Realty in August 2010 and specializes in selling luxury residences in Miami Beach. In the first half of 2011, ONE Sothebys International Realty has closed $500 Million in residential sales. Some of these sales include 27 Star Island which closed for $10,750,000.00 and 3500 Curtis Lane for $13,419.00.

The estate located at 1736 W 28th Street on Sunset Island I closed July 19 for $19.8 Million. The historical property was designed by Maurice Fatio in 1936, and is nestled on a 70,886 square foot lot. The neoclassic home has extravagant contemporary interiors and features 7 bedrooms and 7.5 bathrooms. In addition, the home offers a 3 car garage and an Olympic size swimming pool which blends perfectly into the surroundings of this tropical haven. The property highlights the sensational water views that overlook Biscayne Bay and the renowned Magic City skyline.

Luxury real estate is moving in a positive direction in South Florida, says Farid Moussallem, licensed real estate agent of ONE Sothebys International Realty. This residence offers remarkable amenities and was only listed on the market for a few months. The roperty was listed for over 1 year on and off. This is a landmark residence and the perfect testament to the level of sophisticated clients we represent. We are witnessing luxury buyers in South Florida who have the capital to purchase but are specific to their needs and are waiting for the home they want to come online.

The buyer of 1736 SW 28th Street on Sunset Island I is Sunset Aqua 1736, LLC.

ONE Sothebys International Realty continues to make strides in South Florida by expanding into new luxury communities and positioning themselves with innovative marketing tools. For more information please visit, www.onesothebysrealty.com.

About ONE Sothebys International Realty:

ONE Sothebys International Realty is the leading luxury real estate brokerage firm in South Florida. The firm has opened offices in Fort Lauderdale, Coral Gables, Miami Beach and Key Biscayne and recruited more than 250 agents in just two years. A technology innovator, ONE Sothebys International Realty launched their home search iPad application in October. An affiliate of Sothebys International Realty, the global network currently has more than 10,900 sales associates throughout 500 offices in 42 countries and territories worldwide. ONE Sothebys International Realty also benefits from an association with the venerable Sotheby's auction house, established in 1744. For more information, please visit www.onesothebysrealty.com.

About Sothebys International Realty Affiliates LLC

Sothebys International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sothebys auction house, established in 1744. For more information, visit www.sothebysrealty.com.

Farid Moussallem, licensed real estate agent, closes a $19.8 Million Residence

MIAMI- July 19, 2011- ONE Sothebys International Realty, the leading luxury real estate firm throughout South Florida, announces today the closing of an exclusive island residence on Sunset Island I in Miami Beach. Farid Moussallem, a licensed real estate agent with ONE Sothebys International Realty, represented the buyer in this transaction. The closing of this home is an example of some of the recent high priced closings by this globally recognized real estate firm.

Farid Moussallem joined ONE Sothebys International Realty in August 2010 and specializes in selling luxury residences in Miami Beach. In the first half of 2011, ONE Sothebys International Realty has closed $500 Million in residential sales. Some of these sales include 27 Star Island which closed for $10,750,000.00 and 3500 Curtis Lane for $13,419.00.

The estate located at 1736 W 28th Street on Sunset Island I closed July 19 for $19.8 Million. The historical property was designed by Maurice Fatio in 1936, and is nestled on a 70,886 square foot lot. The neoclassic home has extravagant contemporary interiors and features 7 bedrooms and 7.5 bathrooms. In addition, the home offers a 3 car garage and an Olympic size swimming pool which blends perfectly into the surroundings of this tropical haven. The property highlights the sensational water views that overlook Biscayne Bay and the renowned Magic City skyline.

Luxury real estate is moving in a positive direction in South Florida, says Farid Moussallem, licensed real estate agent of ONE Sothebys International Realty. This residence offers remarkable amenities and was only listed on the market for a few months. The property was listed for over 1 year on and off. This is a landmark residence and the perfect testament to the level of sophisticated clients we represent. We are witnessing luxury buyers in South Florida who have the capital to purchase but are specific to their needs and are waiting for the home they want to come online.

The buyer of 1736 SW 28th Street on Sunset Island I is Sunset Aqua 1736, LLC.

ONE Sothebys International Realty continues to make strides in South Florida by expanding into new luxury communities and positioning themselves with innovative marketing tools. For more information please visit, www.onesothebysrealty.com.

About ONE Sothebys International Realty:

ONE Sothebys International Realty is the leading luxury real estate brokerage firm in South Florida. The firm has opened offices in Fort Lauderdale, Coral Gables, Miami Beach and Key Biscayne and recruited more than 250 agents in just two years. A technology innovator, ONE Sothebys International Realty launched their home search iPad application in October. An affiliate of Sothebys International Realty, the global network currently has more than 10,900 sales associates throughout 500 offices in 42 countries and territories worldwide. ONE Sothebys International Realty also benefits from an association with the venerable Sotheby's auction house, established in 1744. For more information, please visit www.onesothebysrealty.com.

About Sothebys International Realty Affiliates LLC

Sothebys International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sothebys auction house, established in 1744. For more information, visit www.sothebysrealty.com.

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