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DJ David Guetta lists Miami Beach condo for sale, BTC and ETH accepted

By Avantika Khajuria11 June 2021, 02:54 PM
DJ David Guetta lists Miami Beach condo for sale, BTC and ETH accepted

Renowned DJ David Guetta has listed his stunning Miami Beach condominium for sale and will welcome payments in Bitcoin and Ethereum.

Setai Residences’ home is renovated by designer Piero Lissoni, an Italian architect and designer known for his contemporary furniture design. The condominium features two master suites, a panoramic view of the Miami skyline, 24-hour hotel service, and facilities such as three beachfront swimming pools, a sauna, and a spa, to mention a few. 

Freud Group, a real estate investment business that caters to celebrities, is hosting the sale. This apartment has been rented by several celebrities, ranging from NBA stars to award-winning musicians.

@davidguetta knows what’s up. His Miami pad is for sale. Can buy with #Bitcoin or #Ethereum. In general, not a good idea to part w/ disinflationary #crypto that consistently outperforms real estate… but smart folks like Guetta love to take it from you.https://t.co/uJdYQYTnwu

— Shaoky T 🔴🟠🟡 (@ShaokyCinemaBTC) June 11, 2021

David purchased the property for $9.5 million from New York billionaire Richard LeFrak back in 2018 and stood to make $4.5 million from the sale.

Last month, Ivanka Trump’s Arte Surfside luxury condominiums in Miami announced that it would accept payments in numerous cryptocurrencies, including Bitcoin and Ethereum.

On May 27, the company sold a four-bedroom penthouse for $22.5 million in cryptocurrency. According to reports, it is the largest crypto-based real estate transaction to date. The luxury Setai Residences condominium complex and is on sale for $14 million, or around 37.69 BTC at today’s prices.

Nevertheless, Guetta is not the first music industry celebrity to move into the crypto space. Numerous other players have associated with the industry in some way, including Israeli-American musician Gene Simmons. 

It appears that Miami is becoming a center for luxurious property sales that accept cryptocurrency. Miami, which just held the 2021 Bitcoin conference, has been designated as a crypto-friendly city in 2021  due to its mayor and Bitcoin hodler Francis Suarez.

Also Read : Miami: The next Silicon Valley, Prime Experience accepts Bitcoin

New to Crypto? Enroll in Cryptocurrency Course at Todayq Education.

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