Tech Hub Miami Set to Break Bitcoin Real Estate Deal

  • 05/20/22

Cryptocurrency is on the mind of many around the world and especially in Miami where the local government and people have embraced the new tech more than most.

Miami is no stranger to crypto deals at all, not even in the real estate market. Back in 2021, the penthouse in Surfside’s ultra-luxury Arte was sold for $22.5 million and the deal was done completely with cryptocurrency.

Now a home in Miami Beach’s Indian Creek Island, known as Billionaire Bunker, is set to hit the market with a massive $59 million price tag with crypto as a purchasing option.

The spec mansion will sprawl over 16,000 square feet on a 1.25-acre lot. It will sport 12-foot ceilings, 134 feet of bay frontage, expansive pool and deck, with the architecture and interiors designed by Kobi Karp.

This level of purchase of a real-world asset will be a true litmus test for the viability of crypto for these kinds of purchases.

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