Luxury property portfolio, including 4 penthouses, seeks discounted $11M

Someone’s trying to liquidate

A view from the master bedroom at 1 Hotel and Homes #920

There’s an owner out there seeking to cash out of his or her entire South Florida luxury property portfolio for a discounted $11.15 million.

The batch of six units includes four penthouses, with all the units located in either Sunny Isles Beach, Miami Beach, Bal Harbour, or North Miami Beach. Priced individually for a total ask of $14.88 million, the owner is apparently willing to part with the units in a lump sale for a discount of over $3.5 million.