Worldwide Properties Announces Sale of Marina View Residence at Icon South Beach for 2.7 Million

Online, November 5, 2012 (Newswire.com) - The sale equates to almost $1,260-per-square-foot, which is a new record high for the building, said Eddy Martinez, Worldwide Properties' broker and CEO, who represented the local seller in the all-cash deal. The celebrity buyer was not disclosed due to a confidentiality agreement.

"The rapid sale of the residence at Icon continues to prove that the market in Miami Beach is hot, especially in the ultra-luxury price range," Martinez said. "The unit sold quickly after a complete, top-to-bottom designer renovation."

The extensive renovation included a complete remodel of the kitchen with top-of-line appliances and fixtures, mosaic tile treatments in the bathrooms and a unique BMW metallic paint application to the doors in the semi-private elevator lobby. The corner residence features three bedrooms and three-and-a-half baths, an 800-square-foot wrap-around terrace and boasts views of the Miami Beach Marina, Fisher Island, Government Cut and the Miami skyline.

Icon South Beach, located in the highly desirable "South of Fifth" neighborhood of Miami Beach, is situated on a seven-acre site with 1,000 feet of Biscayne Bay frontage. The property features a heated infinity-edge swimming pool, a lap pool, poolside bar and grill, state-of-the-art fitness center and spa, billiard room, conference room, 24-hour security and full-service concierge. Celebrated French designer Philippe Starck created the interiors of the common spaces throughout the building.

Worldwide Properties is a full-service real estate brokerage firm specializing in the sales and rentals of luxury condominiums and single family homes as well as commercial properties. The company also has a property management division, Worldwide Development Services, which offers turnkey solutions for absentee owners holding single condo units and institutional investors holding large real estate portfolios. Founded by J. Eddy Martinez and Roland Ortiz in 2008, Worldwide Properties continuously channels buyers into the South Florida market through its vast international network of contacts and multi-lingual sales team. For more information, visit www.worldwideproperties.com or call (305) 531-3100. Follow Worldwide Properties on Facebook at facebook.com/WorldwideProperties and on Twitter @WWPSouthOf5th.