Miami Condo Market and Lifestyle Updates
55 Million Dollar “Palace of Gold” Placed on Miami Condo Market at Sunny Isles Beach (PHOTOS)

55 Million Dollar “Palace of Gold” Placed on Miami Condo Market at Sunny Isles Beach (PHOTOS)

by Sep Niakan | February 15, 2013

That’s right; an exorbitant $55 million price tag comes attached to this 47th floor penthouse located at the Mansions at Acqualina above Sunny Isle Beach. And while the two-story Palazzo D’Oro (Palace of Gold) sports a widely unattainable investment, its grandiose floor plan is sure to exceed even the most snobbish amenity junkie. At two floors and 15,500 square feet, this six bedroom, nine bathroom penthouse features a private sky garden with a living wall, a 25-foot water fall, leather walls, maple paneling, full-service bar, indoor/outdoor screening room, a glass wine gallery, an overhanging glass-bottomed pool, a glass elevator, and a second reflecting pool with a private spa and hydrotherapy area partially based in the living room, and more.

In addition to the extravagant indoor square footage, the home also has another 5,000 square feet of terrace space with ocean and city views, a dining terrace, and a specialty “theater terrace.” And if the household amenities aren’t enough, community features include a billiard room, cabana, club house, heated pool, kitchen facilities, and a sauna. Throw in a two-car garage and one can begin to see what $3,548 per square foot can afford.

It should come as no shock that the Palazzo D’Oro is the second most expensive listing in Miami ever; placed only after the Versace house which lists for a mind-boggling $100 million. Of course, the late Versace’s Casa Casuarina throws in 10 individually themed bedrooms, a six-person shower, and a host of expensive legal baggage. So, do the amenities and spacious luxury justify the towering cost or is this just an excuse for the uber-rich to throw away their money? Sound off in the comments section.


Photos of Acqualina's Palazzo D'Oro:

See more high resolution pictures here


Image Credit:

Recent posts


7 Must-Do Pre-Halloween Events

by Sep Niakan | October 13, 2016

I know Halloween’s around the corner and it’s a given it will be the highlight of everyone’s social calendar. Miami’s Fall calendar is full of exciting events and here’s the low-down on how you can enjoy the run up to...

Real Estate News

With Approved 960-Foot Brickell Market Place, a Headache for Brickell Heights?

by Sep Niakan | September 27, 2016

Claro Development’s latest at 10 SW 8th Street is going to be a tall order, literally! Fresh-approved by the FAA, the Brickell Market Place is set to rise up to 954 feet above ground, or 960 feet above sea level. Approved after a seven-month...

Real Estate News

An Edgewater Miami Hotel Joins the Micro-unit “Tiny Homes” Trend

by Sep Niakan | September 26, 2016

Come year-end, Miami’s Edgewater neighborhood will be home to one of Best Western International’s first boutique hotel brand offerings - Vib. Best Western’s chosen only 20 key urban markets (including Miami) across North America to...

Real Estate News

Skyrise Miami: Future Tourist Destination and Hard Pill to Swallow for Miami Locals

by Sep Niakan | September 23, 2016

The Berkowitz Development Group, describes SkyRise as their “abstract version of the Statue of Liberty”. Approved in 2014, this R-shaped structure is being built in tandem with the revitalization of Bayside Marketplace. The tower will be...