Zaha Hadid’s Miami condo gets reduced by $3.5M

Zaha Hadid’s unique Miami Beach condo, which originally hit the market in the spring asking $10 million, has re-listed for $6.5 million with new listing agents.

The current ask represents a 35 percent reduction for the stunning former residence of the late Pritzker-winning architect. Located in the W South Beach, the combination unit features the signature curves found across Hadid’s sensational projects, which includes the under-construction One Thousand Museum, a condo with lavish amenities and a helipad on its roof that’s on the cusp of topping off in downtown Miami.

The 2,541-square-foot residence at the W encompasses two bedrooms, three bathrooms, and an adjacent studio apartment with a separate entrance. It boasts views of the ocean, wraparound balconies, and includes all art and furniture.

Records show Hadid purchased the two units making up the main residence for $2.79 million in 2010 while the separate studio was acquired for $1.38 million in 2015. ONE Sotheby’s Ivan Chorney, who is listing the unit with Angelica Garcia, pointed to Miami being a buyer’s market for luxury condos as a reason for the reduction, according to the Wall Street Journal.