This Week in Miami Real Estate: Bitcoin for billionaires, big Acqualina sale and more

by Kelly McCabe

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Miami continues to make waves in the realm of bitcoin for real estate with a new listing on Fisher Island — an exclusive enclave home to big-name celebrities and ultra-rich — accepting the cryptocurrency. The two-bedroom, two-and-a-half bathroom condo is listed for $2.05 million, or its bitcoin equivalent. If the buyer opts to pay in bitcoin, it would mark the first luxury sale to accept the cryptocurrency. Robert Vole, property owner and broker for The Island Realty, said he decided to accept bitcoin as a way to encourage clients and ensure them it can be a viable option. 

In other recent Miami real estate news: 

  • The biggest condo sale in Miami-Dade County from Feb. 18 to 24 was a $5.5 million condo at Mansions at Acqualina in Sunny Isles Beach, The Real Deal reported. Michael Goldstein and Yansy Checa represented the seller and buyer, respectively. 
  • South Miami-Dade will be home to Veridian Grove, a new custom home community, as an affiliate of Sabal Development recently acquired construction financing, according to The Real Deal. 8290 Partners, a luxury home developer, bought 10 acres of land in 2015 and just now secured $16.2 million. Veridian Grove’s 20 luxury homes will be priced starting at $2.6 million and are scheduled to be completed in the fourth quarter of 2019. 
  • Motion at Dadeland was recently topped off by developers 13th Floor Investments and Adler Group, Multi-Housing News reported. The 25-story project, which is adjacent to Miami’s Dadeland North Metrorail station, will include 294 units and 8,000 square feet of retail space. The project, which broke ground in October 2016, is expected to be completed by late summer. 
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