Miami

Bezos Seller Buys penthouse at Ritz-Carlton Residences Miami Beach


The retired banker who sold his waterfront Indian Creek estate to billionaire Jeff Bezos found another home for himself in Miami Beach. 

Former Marquis Bank chairman and CEO Javier Holtz and his wife Andria paid $15.6 million for the four-bedroom, four-bathroom penthouse at the Ritz-Carlton Residences, Miami Beach, property records show. It was recorded on the Multiple Listing Service as a $17.3 million sale. That price includes furniture. 

The Holtzes recently sold their 10,000-square-foot, seven-bedroom, seven-bathroom mansion at 28 Indian Creek Island Road to Bezos for $87 million. 

Their unit at the Ritz-Carlton in Mid-Miami Beach was listed for nearly $20 million. A company owned by James and Amy Dieterich sold the penthouse to the Holtzes. The Dieteriches paid $15 million for the unit in 2021, property records show. 

Coldwell Banker agent Grace Dieterich represented the sellers in this latest trade. Compass’ Andrew Holtz and Nancy Batchelor represented the buyers. 

The nearly 6,000-square-foot unit comes with a wraparound terrace, a private pool and spa, a 40-foot boat slip and an air conditioned garage. 

Miami-based Lionheart Capital developed the Ritz-Carlton Residences, Miami Beach at 4701 North Meridian Avenue, on the site of the former Miami Heart Institute. Sternberg and his former business partner, Ricardo Dunin, split after the project was completed. 

Read more

Witkoffs buy condos at Ritz-Carlton Residences in Miami Beach

Exclusivity Driving Billionaire Buyers to Miami Penthouses

Development

South Florida

What’s driving billionaire buyers to Miami’s most expensive penthouses

The eight-story development includes 111 condos and 15 standalone villas. Lionheart Capital and New York-based Elliott Management completed the building in 2019, after initial plans to deliver it in 2017. Amenities in the building include a spa, art studio, movie theater and marina.

Other buyers include fast fashion titan Jay Schottenstein, who last year paid $18 million for a second unit at the project, and members of the Witkoff real estate dynasty.



Source link