Press release
Engel & Volkers Miami Represents Record-Breaking $33 Million Penthouse Sale in Brickell
Echo Brickell penthouse transaction sets a new condo sales record in the City of Miami
MIAMI, Fla. - November 6, 2024 - Engel & Volkers Florida today announced the record-breaking sale of a $33 million penthouse at Echo Brickell, located at 1451 Brickell Ave PH #56 in Miami. The sale marks the highest recorded condominium transaction in the City of Miami. A private client from the biopharmaceutical industry acquired the two-story, 11,000-square-foot penthouse with the assistance of Engel & Volkers Miami advisor Stephan Hermida.
"The Echo Penthouse 56 is exactly the type of trophy property that Miami's new elite pool of high-net-worth buyers are looking for: something that offers unparalleled luxury but also the utmost in livability, with easy access to the financial district, beaches, and the best in Miami's dining and nightlife," said Vanessa Gomez, License Partner at Engel & Volkers Miami. "Our team is proud to match-make the most discerning global buyers with the most exclusive listings in South Florida."
The exclusive five-bedroom, seven-and-a-half-bathroom residence offers 360-degree views, 28-foot ceilings, and private amenities, including an indoor sky pool, a Poliform kitchen, and a full wellness suite with a fitness studio, cardio room, and sauna. Situated on the 56th and 57th floors of Echo Brickell, the penthouse was listed by Greg Kiley, Chairman and CEO of Velocity, an Ohio-based managed solutions provider offering comprehensive IT solutions and support services, with representation from Compass agents Chad Carroll and Matthew Dugow.
"This transaction not only sets a new benchmark for Miami's luxury market but also highlights the strength of Engel & Volkers' clients we have access to across the globe," said Peter Giese, CEO of Engel & Volkers Florida. "Our advisors consistently demonstrate their expertise in navigating high-value transactions, and we are proud of Stephan for his exceptional work in representing this transaction. Engel & Volkers Florida remains committed to being the leader in luxury real estate by providing unparalleled service to both clients and advisors."
Echo Brickell, developed by Property Markets Group (PMG) and JDS Development Group in 2017, is recognized as one of Miami's most prestigious residential towers. The recent sale sets a new benchmark for Miami's condominium market, excluding ongoing presales or under-construction developments that may surpass this record.
Press contact:
Kaitlin Weigelt, Marketing and Brand Manager
Email: Kaitlin.Weigelt@evrealestate.com
Tel: (239) 348-9000
About Engel & Volkers:
Engel & Volkers is a global luxury real estate brand. Founded in Hamburg, Germany, in 1977, Engel & Volkers draws on its rich European history to deliver a fresh approach to luxury real estate in the Americas with a focus on creating a personalized client experience at every stage of the home buying or selling process. Engel & Volkers currently operates approximately 300 shop locations with over 6,500 real estate advisors in the Americas, contributing to the brand's global network of over 16,600 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate and yachting. Committed to exceptional service, Engel & Volkers supports its advisors with an array of premium quality business services; marketing programs, and platforms; as well as access to its global network of real estate professionals, property listings, and market data. Each brokerage is independently owned and operated.
For more information, visit www.evrealestate.com [https://www.evrealestate.com/en].
To view original press release, please visit: https://www.prbuzz.co/news/614502/engel-vlkers-miami-represents-recordbreaking-33-million-penthouse-sale-in-brickell
Media Contact
Company Name: Engel & Volkers
Contact Person: Kaitlin Weigelt, Marketing and Brand Manager
Email: Send Email [http://www.universalpressrelease.com/?pr=engel-vlkers-miami-represents-recordbreaking-33-million-penthouse-sale-in-brickell]
Phone: (239) 348-9000
City: MIAMI
State: Fla
Country: United States
Website: https://www.evrealestate.com/en
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Engel & Volkers Miami Represents Record-Breaking $33 Million Penthouse Sale in Brickell here
News-ID: 3722075 • Views: …
More Releases from Getnews
Author Eddie Ruzzi Releases Two Science Fiction Novels Amid Rising Interest in P …
Image: https://www.globalnewslines.com/uploads/2025/12/1766537389.jpg
Eddie Ruzzi
Ruzzi's Novels Tackle Institutional Ethics and Technological Extremism in Speculative Settings.
Los Angeles, CA - Author, Musician, and Sound Editor Eddie Ruzzi [https://eddieruzzi.com/]has released two new science fiction novels, Death Ball and Science Pulp Fiction, at a time when political, military, and pulp-format speculative fiction is attracting renewed attention across publishing, streaming, and print platforms. Analysts note a growing audience for works that integrate structured procedural formats with speculative…
Apple Roofing Completes Full Integration of NMC Exteriors, Expanding Minnesota P …
Image: https://www.globalnewslines.com/uploads/2025/12/1767118605.jpg
Plymouth, MN - December 30, 2025 - Apple Roofing, a top-tier national roofing company known for delivering excellence across residential and commercial roofing services, has officially completed the full integration of NMC Exteriors, one of Minnesota's most trusted roofing brands. Effective January 1, 2026, the NMC Exteriors locations in Plymouth and Rochester will begin operating under the Apple Roofing name, ushering in a new era of service, resources, and…
Leonard Cagno Announces Adoption of a New Internal Privacy and Data Handling Sta …
New policy formalizes how client data is collected, used, stored, and reviewed across operations
Leonard Cagno has announced the adoption of a new internal privacy and data handling standard across his business operations, including work connected to wellness and related service areas. The policy formalizes how sensitive information is managed across health insurance, wellness benefits, payroll, and technology integrations.
The updated standard introduces clearer rules around data access, storage, and review. It…
Interview with Patrick Cotter, Founder of Cotter Financial Group on the Influent …
Image: https://authoritypresswire.com/wp-content/uploads/2025/12/Patrick_Cotter__1_-removebg-preview.png
Patrick Cotter discusses the importance of proactive retirement planning
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-patrick-cotter-founder-of-cotter-financial-group-discussing-proactive-retirement-planning/
In this episode of Influential Entrepreneurs, host Mike Saunders welcomes Patrick Cotter, founder of Cotter Financial Group, to discuss proactive retirement planning and ensuring longevity in retirement. Patrick shares his journey into the financial services industry, which began unexpectedly after graduating as an engineering major in 1987. He reflects on his…
More Releases for Engel
Top advisor Claire O'Keefe joins Engel & Volkers Naples
Image: https://www.globalnewslines.com/uploads/2025/09/1758745303.jpg
Engel & Volkers Naples continues to attract top talent with the addition of seasoned advisor Claire O'Keefe
NAPLES, Fla. - September 26, 2025 - Engel & Volkers Florida today announced that top-producing real estate advisor Claire O'Keefe has joined its Naples shop. With three years of experience and an annual sales volume of over $8 million, O'Keefe is being recognized for her unique, relationship-focused approach and her commitment to providing…
Gwendolin Curley Joins Engel & Volkers New Smyrna Beach
Image: https://www.globalnewslines.com/uploads/2025/09/1758647495.jpg
Engel & Volkers New Smyrna Beach continues to attract top talent with the addition of seasoned advisor Gwendolin Curley
NEW SMYRNA BEACH, Fla. - September 23, 2025 - Engel & Volkers Florida today announced that Gwendolin Curley has joined the growing team at Engel & Volkers New Smyrna Beach. With nearly $10 million in recent sales and a career spanning multiple countries, Curley's addition reinforces the shop's reputation as a…
Jeanie Deetz Joins Engel & Volkers New Smyrna Beach
Acclaimed Broker-Associate Brings $13.5M Million in Montana Listings and Cross-State Expertise to Florida
Image: https://www.globalnewslines.com/uploads/2025/01/c8fd32947543e82129ac6a32a8e94e1d.jpg
NEW SMYRNA BEACH, Fla. - January 22, 2025 - Engel & Volkers Florida today announced that Jeanie Deetz, a highly accomplished real estate advisor and Broker-Associate, has joined Engel & Volkers New Smyrna Beach. Deetz, who holds over $13.5 million in active Montana listings, will split her time between Florida and Montana while continuing her role as…
Engel & Volkers Marathon Celebrates Grand Opening
Image: https://www.globalnewslines.com/uploads/2024/12/1734642471.jpg
Engel & Volkers Marathon debuts in the Florida Keys with an unforgettable evening of elegance and community connection.
Image: https://www.globalnewslines.com/uploads/2024/12/ce06e3b2c4480869dc983c7ef94f2c50.jpg
Marathon, Fla. - December 20, 2024 - Engel & Volkers Florida today announced the grand opening of its newest franchise location in Marathon, expanding the brand's presence into the heart of the Florida Keys. Held at 1477 Overseas Highway, the elegant event welcomed over 200 guests, including members of the Greater…
Avi Engel joins Orad’s Board of Directors
Kfar-Saba, Israel, 26 February 2015. Orad Hi-Tec Systems Ltd. (Frankfurt - Prime Standard; Symbol: OHT), a global developer, marketer and distributor of graphic solutions for the broadcast market, announced today the appointment of Mr. Avi Engel to its board of directors.
“We are very pleased to announce that Mr. Avi Engel will be joining our board of directors. Mr. Engel brings over 16 years in the media industry and…
ENGEL & VOELKERS PARTICIPATES IN DUBAI MARATHON
The leading European real estate company, Engel & Voelkers Middle East, forms a corporate team of 20 runners for the Standard Chartered Dubai Marathon on 18 January 2008.
Led by Sebastian Wels, Director of Engel & Voelkers Middle East, the corporate team is represented by senior staff and real estate brokers from all different offices of Engel & Voelkers. This includes the Head Office Middle East, Dubai Emarat Office and…
