The Apogee, at 800 South Pointe Drive is one of the premier residential buildings on South Beach. The Apogee has only 67 luxe residencies, four apartments to each floor, each with a private elevator. All Apogee units feature 10 foot high ceilings, a midnight kitchen in every master bedroom, and a summer kitchen on each balcony.
Most recently an Apogee unit on the 11th floor sold for $6 million which was down from the $8 million asking price or at a discount of 12%. In former times, a 12% discount didn’t happen but not so in the currently depressed Miami real estate market. Apogee unit 1104 was a spacious 4,154 square feet divided into four bedrooms and five bathrooms. The luxury unit was said to have intoxicating Biscayne Bay and Fisher Island views. One of the best assets about this apartment was its terrace which extended 11 feet beyond the apartment’s exterior wall, making the terrace 2,400 square feet alone. This was an incredible unit, in a more incredible building at an even more incredible price. Luxury real estate bargains are happening all over Miami Beach as we speak. Get in on the real estate free-for-all!