Mansions @ Acqualina Adapted from the Huffington Post

It’s hard to top the $55 million price tag of a new Miami penthouse — or its extravagant floor plan.
But the home’s cantilevered glass swimming pool, which appears to dangle from its 47th floor perch above Sunny Isles Beach at the Mansions at Acqualina, is giving the penthouse itself a run for its money.
In fact, just thinking about swimming in a glass-bottom pool with this view is making us feel a little faint. (Remember the one in Shanghai? Crazy.)
But some of that may be sticker shock. Billing itself as “the world’s finest penthouse,” Acqualina’s two-story Palazzo D’Oro (Palace of Gold) comes with just about every amenity and luxury furnishing imaginable: a pivoting wall entry, private sky-garden with a living wall, a 25-foot water fall, leather walls, maple paneling with inlay, a second reflecting pool that extends into the living room, a hydrotherapy area, and beyond.
Then there’s the staggering breadth of this place: 6 bedrooms and 9 bathrooms on two floors form a 15,500-square foot home with another 5,000 square feet of terrace with both ocean and city views — there’s even a dining terrace, in case the regular dining room and standard patio furniture just aren’t enough. Not to mention a terrace that’s just for the theatre room.
Curbed Miami reports that Palazzo D’Oro is the second most expensive listing in Miami overall, second only to the former Versace mansion, Casa Casuarina.

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Miami Real Estate Trends

http://www.trulia.com/real_estate/Miami-Florida/market-trends/

The above link provides additional insight into the Miami real estate market.

Popular neighborhoods include Coral Way, Wynwood, Coconut Grove.

Average price per sq ft: $313
Median price sold 11/11 -2/12 : $160000, represents a 14 percent increase
Average listing price: $521,000

Our stagnant market has many homeowners staying put and remodeling their current digs. So if you are thinking about adding that outdoor BBQ or pool, now is the time.

Depending on the source you select, you will recoup between 40-80 percent of your investment. Natural stone adds an inherent element of perceived luxury even if you pursue affordable options.

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