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Tags: bitcoin | redfin | real estate | miami

Miami Condo on Sale for 33 Bitcoin


By    |   Wednesday, 13 December 2017 09:54 PM EST

A Miami Beach penthouse condo is on sale for 33 bitcoin, the first time in the United States a homeowner will only accept the cryptocurrency as payment.

The listing on real estate website Redfin says the 1-bedroom, 1.5-bathroom, 828-square-foot condo has a view of Biscayne Bay and the Miami skyline.

"Price? Only accepting bitcoin," the listing reads.

As of Wednesday evening, 1 bitcoin equaled around $16,700, so 33 bitcoin is worth roughly $551,198.83.

"It's the only one we could find where the seller was only accepting bitcoin, but when we searched our database of listings across the country we found about 75 properties in the listing remarks where the seller said they would accept bitcoin as payment," a Redfin spokesperson told CNBC. Those 75 aforementioned properties also accepted other payments in addition to bitcoin.

The value of bitcoin has skyrocketed this year, rising from less than $1,000 in January to a recent high of $19,697.

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A Miami condo on RedFin has been listed for sale for 33 Bitcoin, claiming to be the first Bitcoin-only property on the market.
bitcoin, redfin, real estate, miami
Wednesday, 13 December 2017 09:54 PM
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