The heat is on!
Billionaire Miami Heat and cruise czar Micky Arison has sold a luxury condo in Bal Harbour, Florida, for $5.75 million through a trust, the Real Deal reports.
The four-bedroom, five-bathroom home is located in the Bal Harbor Tower, at 9999 Collins Avenue. It asked for $6.99 million last fall. Arison purchased it via a trust for $3.4 million in 2020.
Arison, who is worth an estimated $9 billion, is also the former chairman and CEO of Carnival, which was founded by his father, Ted Arison, in 1972.
The 5,070-square-foot home includes 2,000-square-foot terraces with views of the ocean, downtown Miami, and Biscayne Bay. Renovated in 2021.
Building facilities include security, direct elevator access, a private restaurant bar, an Olympic-sized swimming pool and beach club services.
There is also a gym, spa and Pilates.
The “Palace in the Sky” on the 16th floor features a single-family home atmosphere, with an open chef's kitchen, walk-in pantry, staff quarters and laundry, plus a home gym. It is located in a 25-storey tower built in 1990.
The listing broker was Chad Carroll of Compass. The buyer was represented by Leonor Ortiz, also of Compass.