Well, I know most of you are wondering to do with your extra millions, so, whats a little $12,500,000 out of your bank account. If you have it and want to entertain that price tag, you can call this 11th floor 6000+sf condo” home”. There has only been one other sale in the Mandarin that has gained a price per sf. over $2000 and that was unit 12-B sold for $12,200,000. That was a 12th floor 4922 square foot, absolute custom home. Believe it or not, this sold at a whopping $2,478 per sf (including 2 garage spaces). In the past year, according to MLS, there has been 1 other unit that sold higher, which was in June for 13,200,000. That sale was Penthouse 2E which was an 8000 sf condo at $1,650 per sf. What does this mean? It means the luxury market is still surviving and there are still some really rich people out there during this economic downturn. It also reminds 99.5% of everyone who reads this, that they will never live above the 10th floor of the Mandarin Oriental.
This property is currently listed with Landvest and pictures are from MLS.