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World crypto record sale set in Surfside!

Cashflow In Miami
June 13, 2021

8955 Collins Ave, Surfside, FL 33154

Arte is one  of the kind, newly built condominium with only 16 ultra luxury residences.

$22,500,000 was the amount of the sale for the  5,067 square foot, full floor, four-bedroom penthouse in Miami Beach’s newest, uber-exclusive boutique condo building—Arte by Antonio Citterio—in the city of  Surfside  one floor down from Jared Kushner and Ivanka Trump.

The 9th floor Lower Penthouse at Arte was bought all cash paid for entirely in cryptocurrency, making it the most expensive known residential crypto real estate transaction in the U.S. or world (?) to date. The blockchain deal also took less ten days to close from start to finish, setting additional records on time across the finish line for both buyer and seller (the buyer remains anonymous as does the specific cryptocurrency used, all of which are under confidentiality agreements).

At $4,440.50/SF, the deal broke every previous Miami Beach record for price per square foot.

I am sure this is just the beginning.


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