$50 Million Luxury Penthouse in Miami Beach

Miami Beach, the city known for it’s lavish lifestyle and expensive beachfront properties just hit a new high. The penthouse at Faena House sold for an astonishing $50 million and is to date the single most expensive piece of real estate on Miami Beach.

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The building hosts only 47 residences, and offers unprecedented views of white sand beaches and the Atlantic Ocean. The top floor is an 8,000-square-foot residence that has five bedrooms, two custom kitchens, and a plethora of other living space.

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The terrace offers over 7,000-square-feet of outdoor living space, which is unheard of in the Miami Beach area.17

The best part about this penthouse? Well, it’s the infinity pool overlooking the ocean.18

This is luxury we can only dream about.

Check out more details on Business Insider.