Miami Beach Penthouse accepting Bitcoin or Ethereum

The Blue Diamond condominium in Miami Beach has a very unique listing for sale that might generate tons of buzz around the South Florida real estate community.

Penthouse 4201 recently just hit the market with an asking price of $3.5 million. The purchase price is shown as U.S. dollars but the sellers are willing to accept payment in the form of Bitcoin and/or Ethereum. Recently, Bitcoin and other cryptocurrencies including Ethereum have made headlines all across the globe and a lot of people are asking whether or not cryptocurrencies can be used in the purchase and sale of real estate. The decision to accept Bitcoin or Ethereum for the sale of the penthouse was an opportunity that the sellers believe will only benefit them in the long run. While many people are calling Bitcoin a bubble waiting to burst, the sellers and a vast majority of others believe that there is plenty or room for growth and that the blockchain technology behind Bitcoin is something that will inevitably change the world.

The Penthouse is listed for sale by Eric Fernandez, broker and owner of SOL / MAR Real Estate. “It’s a matter of time before we see more and more people interested in using cryptocurrencies to purchase assets such as luxury real estate,” He believes that the South Florida real estate market, especially Miami and Fort Lauderdale, is ready for this trend and is the perfect market to do so. “Every single day I have clients contact me about Bitcoin and real estate and every single day there are new ‘crypto-millionaires’ who are in fact able, ready, and willing buyers. There are certainly many challenges we will face with adopting bitcoin into real estate, but I’m optimistic and it’s going to be a very exciting experience.”

You can find out more information about the Blue Diamond Penthouse at www.bluediamondpenthouse.com or you can email Eric at eric@solmarrealestate.com.

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