Miami Condo Building Sells For Over $1M Per Unit

The Adagio Condominium at 7939 East Drive in North Bay Village just sold for $17 million, netting $1 million+ per unit.

Per public record, the buyers are Brooke & Christian Torres, the founders of  Torres Properties.

The seller is Victory Developers LLCAnil K. Monga of Victory Developers LLC was represented by Susan Gale with ONE Sotheby’s International Realty.

The 15-unit waterfront condo is centrally located in North Bay Village, between Miami and Miami Beach. Each unit comes with gourmet kitchens, marble bathrooms, wood/marble floors, and impact windows and doors. In addition to the two-story loft style units, the building includes a bayfront swimming pool, fitness center, sauna, and a 34-space parking underground garage.

The buyer plans to continue with the current master lease tenant Sextant Stays.

 

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