By Brosda and Bentley Realtors
The Estates at Acqualina stands as a beacon of luxury along the sun-kissed shores of Sunny Isles Beach. Last week, this opulent haven witnessed two remarkable sales, further solidifying its status as a premier destination for those seeking the epitome of sophistication and comfort. The Estates at Acqualina, comprised of the 49-story, 154-unit South Tower and the 52-story, 94-unit North Tower at 17901 Collins Avenue, offers a lifestyle that transcends expectations.
The first of the two noteworthy sales saw Manolis Kotzabasakis, CEO of CentralSquare Technologies, and his wife, Marianna Kotzabasakis, acquire unit N-2301 in the North Tower for a $11.9 million. CentralSquare Technologies, a public sector tech firm, specializes in software that manages critical services such as 911 calls, criminal records, and evidence. The purchase reflects not only a discerning taste for luxury living but also an appreciation for the unparalleled amenities and services offered at The Estates at Acqualina.
In another compelling transaction, construction magnate Michael Petillo demonstrated the allure of these prestigious condos. Having initially acquired unit N-2001 for $7.7 million in May, Petillo orchestrated a successful flip, selling the same unit for an impressive $12 million. The buyer, an LLC managed by Surinamese entrepreneur Otmar Sibilo, recognized the intrinsic value and allure of the property, complete with five bedrooms, six bathrooms, and one half-bathroom, all exquisitely furnished.
One of the hallmarks of The Estates at Acqualina is its expansive 45,000-square-foot amenities space, which rivals the most exclusive resorts. Residents are treated to a cinematic experience in the movie theater, enjoy leisurely afternoons at the bowling alley, and revel in the sophistication of an ice-skating rink. These amenities, seamlessly integrated into the lavish lifestyle offered by The Estates, contribute to the development’s reputation as a sanctuary for those who appreciate the finer things in life.
As two more residences find new owners at The Estates at Acqualina, the allure of this exclusive development continues to captivate discerning individuals. These recent sales not only underscore the enduring appeal of luxury living in Sunny Isles Beach but also highlight the appreciation for the distinctive offerings of The Estates at Acqualina. With every transaction, this prestigious enclave reinforces its position as a coveted destination for those seeking not just a residence, but an unparalleled lifestyle defined by sophistication, comfort, and opulence.
If you’re looking for a real estate agent in Miami, I encourage you to contact Brosda & Bentley Realtors. We’re here to help you find your dream home and make your life in Miami an unforgettable experience.