Leon Black Selling at Miami's New Billionaire Condo Tower
- Faena House unit is building's latest to go on the market
- Griffin, Sadove also have condos in the tower up for sale
Leon Black's unit at Miami Beach's Faena House listed for $18.5 million.
Source: The Alexander Team at Douglas EllimanApollo Global Management LLC founder Leon Black is seeking a buyer for his condominium at Miami Beach’s Faena House, joining Ken Griffin and former Saks Inc. Chief Executive Officer Stephen Sadove in selling units at the just-opened tower that’s been a magnet for billionaires.
The 4,730-square-foot (439-square-meter) condo with five bedrooms, Venetian terrazzo flooring, a wrap-around terrace and ocean views is on the market for $18.5 million, said its listing agent, Oren Alexander, of Douglas Elliman’s Alexander Team. The company that runs Black’s family office bought the unit for $16.5 million in September, according to documents from the Miami-Dade County property appraiser’s office. A spokesman for Apollo, Charles Zehren, said Black declined to comment.