Luxury penthouse in Miami sold for record-breaking $22.5M via crypto

An anonymous person has bought a multi-million dollar penthouse in Miami Beach, making a record for the most expensive real estate deal via cryptocurrency.

Luxury penthouse in Miami sold  for record-breaking $22.5M via crypto

According to the report by Forbes, the purchase conducted on May 27, the sale price also represents the most a Miami Beach property has sold for per square foot at $4,440.50/SF.

The deal was closed within 10 days, setting a separate record for finalizing a deal for both buyer and seller, Forbes reported.

Due to confidentiality agreements, either the buyer or cryptocurrency used for the payment is not revealed.

The exclusive boutique condo was designed by an Italian architect and industrial designer Antonio Citterio. The full-floor penthouse, located on the 9th floor, boasts four bedrooms, four bathrooms, and has a 2,960-square-foot terrace with oceanfront views.

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