RAUL SANTIDRIAN CLOSES $18.2 MILLION SALE OF OCEANA BAL HARBOUR PENTHOUSE

MIAMI, FL (May 5, 2017) – Douglas Elliman Florida proudly announces that Executive Director of Sales Raul Santidrian represented the buyer of the penthouse at Oceana Bal Harbour, which closed on April 20th for $18.2 million. 

Located on the 27^th floor of the ultra-luxury building at 10201 Collins Avenue, PH 2701 South, the spectacular waterfront residence boasts 7,774 square feet of living space complete with an expansive 2,335-square-foot terrace. Featuring unparalleled oceanfront and bay views with breathtaking floor-to-ceiling windows, the four-bedroom, six-and-a-half bathroom lower penthouse is decorator ready offering ample room for a custom home movie theater, gym and office studio.

“This sale marks yet another extraordinary milestone for Douglas Elliman as our team continues to connect buyers and sellers of high-end penthouses and condominiums throughout South Florida,” said Jay Parker, CEO of Douglas Elliman Florida. “Oceanfront property continues to be in huge demand in our coastal markets as evidenced by our remarkable first quarter results. In Miami Beach alone, we’ve experienced 103% sales growth year-over-year.” 

Developed by Eduardo Costantini‘s Consultatio, the newly-opened Oceana Bal Harbour is a 28-story, 240-unit development set on a five-and-a-half acre beachfront site near the Bal Harbour Shops. Designed by Arquitectonica with interiors by Piero Lissoni, the development features large sculptures by Jeff Koons and is complete with an array of amenities including a 24-hour concierge, poolside restaurant, world-class spa, cabanas, oversized pools, tennis courts, and fitness center. 

“This penthouse is undoubtedly one of the most elegant and stunning residences in Miami, and I’m thrilled to have had the opportunity to represent the buyer in this transaction,” said Santidrian. “Offering all the living space of an estate home, with conveniences, luxuries and amenities that elevate the lifestyle, this property is truly special and unique.” 

Since joining Douglas Elliman in 2013, Raul Santidrian has focused on the pre-construction and new construction condo market in Miami. In addition to this most recent sale, Santidrian has an impressive portfolio of pending sales in several new buildings throughout Miami including in projects such as Muse, Jade Signature and The Ritz-Carlton in Sunny Isles Beach, as well as Park Grove and The Arbor in Coconut Grove. In the Edgewater area alone, he has more than 30 pending deals combined in buildings such as Biscayne Beach, Paraiso Bay, Aria on the Bay and Naranza. In Downtown Miami and Brickell, he has a combined total of more than 20 pending deals in buildings such as One River Point, PARAMOUNT Miami Worldcenter, SLS Lux, and Brickell Heights. 

Santidrian now has his sights set on ultra-luxury listings of single family homes, having recently expanded into that sector. Santidrian and his family purchased at Park Grove to strategically position his business in the epicenter of South Florida’s luxury home market and to introduce his buyers and sellers to exquisite properties in the Coconut Grove, Coral Gables and Miami Beach neighborhoods. Wealthy US buyers and foreign buyers find us through our website LuxuryListingsMiami.com and other sites targeting those who want the very best properties that Miami has to offer. 

Douglas Elliman-Florida remains the number one brokerage in Miami Beach and Wellington and is ranked among the top four brokerages nationwide. Within the past year alone, the Florida brokerage welcomed more new agents than any other firm in South Florida, growing to nearly 1,000 agents across its continued expansion. The firm is at the forefront of emerging trends and new development, and stands as an industry leader throughout the South Florida market and beyond. 

About Douglas Elliman Real Estate

Established in 1911, Douglas Elliman Real Estate is the largest brokerage in the New York Metropolitan area and the fourth largest residential real estate company nationwide. With more than 6,000 agents, the company operates approximately 85 offices in Manhattan, Brooklyn, Queens, New Jersey, Long Island, the Hamptons & North Fork, Westchester, Greenwich, South Florida, Colorado and Beverly Hills. Moreover, Douglas Elliman has a strategic global alliance with London-based Knight Frank Residential for business in the worldwide luxury markets spanning 59 countries and six continents. The company also controls a portfolio of real estate services including Douglas Elliman Development Marketing; Manhattan’s largest residential property manager, Douglas Elliman Property Management with over 250 buildings; and DE Commercial. For more information on Douglas Elliman as well as expert commentary on emerging trends in the real estate industry