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Showing posts from January 3, 2014

The World's Billionaires Are Flocking To Miami's Insanely Luxurious Porsche Design Tower

MADELINE STONE

12 MINUTES AGO 









Courtesy of Dezer






It's no secret that Miami has long been an epicenter of luxury living for celebrities and billionaires. Luxury condo developments are springing up all over the area, and the housing recovery is going strong throughout the state.






The 60-story Porsche Design Tower is no exception, and now it's attracting billionaires at rapid speed.





Though it won't be ready for move-in until 2016, 22 billionaires (2% of the world's total) have purchased units there so far, according to the Atlantic Cities. And they're going fast — 80% of the 132 units are already under contract, representing a whopping $624 million in sales.







Like many of the other luxury condo developments in Miami-Dade County, the Porsche Design Tower has some crazy amenities, including a movie theatre, spa, and plunge pools on almost every balcony.






The tower's most distinctive feature, however, is clear from its name. Three car elevators will bring billionaires and t…