Sunny Isles Beach penthouse bought out of bankruptcy for $21M
The top-floor penthouse at the Regalia condominium in Sunny Isles Beach was sold in a deal approved by U.S. Bankruptcy Court.
Regalia Units Owner LLC, managed by Christiane Bomeny, sold the 9,193-square-foot Unit 43 in the tower at 19575 Collins Ave. The transaction amount wasn’t recorded in Miami-Dade County records because the Chapter 11 reorganization case of the seller made it exempt from deed transfer taxes. However, attorney Linda Worton Jackson, of Miami-based Pardo Jackson Gainsburg, said the price was just over $21 million.
Read the full article on South Florida Business Journal.