Not in dollars or Euros, but an anonymous buyer purchased the most expensive penthouse on Miami beach worth $22.5 million using cryptocurrency


First people tried to understand what cryptocurrency is. Then they tried to understand what they can do with it, and now someone has gone ahead and put it to good use. An anonymous buyer purchased a $22.5 million Miami Beach penthouse with cryptocurrency. It can easily be called the most expensive cryptocurrency-based real estate purchase ever made. The property in question is a 5,067-square-foot penthouse in the Surfside neighborhood of Miami Beach. The penthouse located on the ninth floor of the 12-story building comprises four bedrooms and four bathrooms in addition to a standout feature of a 2,960-square-foot terrace with oceanfront views.


The Arte Surfside sold the home by Antonio Citterio to an unnamed buyer. Arte’s codeveloper Giovanni Fasciano in a statement, “Cryptocurrency is the future of wealth, and we believe this is only the beginning. Arte has set a precedent for what these sales can look like and how fast they can occur. We’re proud to have laid the groundwork for this new, burgeoning world.”

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While the mode of payment has paved new ways, the penthouse in itself is a beauty that deserves its fair share of the limelight. For $22.5 million in crypto, the buyer has got himself a home that boasts indoor and outdoor swimming pools, a rooftop tennis court, a gym and yoga studio, a sauna, and a steam room. Other fabulous and unique amenities included are a beachfront meditation pond, a children’s playroom, a catering kitchen, and temperature-controlled parking spaces, ensuring your comfort at every step of the way. The exclusive boutique condo was designed by the Italian architect and industrial designer Antonio Citterio. It also made a record-of-sorts for finalizing the deal at a breakneck speed of fewer than 10 days.

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[Via: PROFILE Miami]

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.