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321 Ocean Penthouse Asks Record-Breaking $53M

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Images via dbox/321 Ocean

Move over 1 Star Island (asking $40 million), there's a 321 Ocean penthouse on the market asking for a record-breaking $53 million, at a eye-popping $7,794 per square foot. The owners, Boris and Elizabeth Jordan, purchased the ninth-floor unit six months ago for $20 million and are now seeking a $33 million profit "after seeing other Miami penthouses fetch big-ticket prices," according to the Wall Street Journal.

"Roughly 6,800 square feet, the penthouse has four bedrooms plus staff quarters and comes with a private roofdeck with an outdoor kitchen, a dining table that fits about 40 people, a fire pit and an infinity pool overlooking the ocean. In total, the unit has about 6,400 square feet of outdoor space..."

· Financier Aims for Ambitious $53 Million Miami Penthouse Flip [WSJ]
· Owners of $20M PH at 321 Ocean want to flip it for $53M [The Real Deal]
· 321 Ocean Dr [Curbed Miami]