Sunday, October 9, 2016

Great Spaces: Pharrell Williams’ Miami Penthouse Sells for $9.25 Million

Pharrell Williams has every reason to be “Happy” after finally selling his Miami penthouse to a New Jersey businessman. With his main residence in the swanky Laurel Canyon in Los Angeles that he bought in 2015, it wasn’t feasible to hold onto the penthouse—even if it were in what many would call the best location in South Florida.
Perched on top of the 40-story Bristol Tower at the entrance to Key Biscayne, the property is just a stone’s throw from trendy Coconut Grove and a quick drive in the other direction to South Beach—locations with quite possibly the best restaurants, clubs, beaches and marinas in Miami. At 10,000 square feet, the penthouse has five bedrooms, seven bathrooms and an additional 5,000 square feet of terraces, with its own rooftop swimming pool and a second-level summer kitchen. Pharrell purchased the condo in 2007 for $12.5 million, then transformed it into a mogul palace with his art and furniture collection. The home offers 360-degree views of Biscayne Bay, the Atlantic Ocean, Key Biscayne, Coconut Grove and the Miami skyline.
Originally listed in 2012 for $16.8 million, the property had gone on and off the market with several price cuts until recently selling for $9.25 million.
In addition to his songwriting and performance skills, Pharrell’s explosion of creativity has led him into exciting musical collaborations and productions, as well as avenues where he can express other unexpected talents. He has his own clothing lines, BBC and BGC, along with Ice Cream Footware designed by Pharrell and produced by Reebok; a jewelry line through Louis Vuitton; sunglass designs; furniture and sculpture, in addition to many other creative and business pursuits.
Photo courtesy of toptenrealestatedeals.com.
By Nick Caruso

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