December 12, 2011
Netscape Founder Jim Clark Makes A Mint On Miami Beach Condo Sale
By Jose Lambiet
Netscape founder Jim Clark just scored big in real restate.
While the sale has yet to show up in public records, SouthBeachCondoBlog.com reports the deal for the 5,803-square-foot, 40th-floor penthouse was consummated last week. The buyer, a U.S. businessman, is not a household name, according to the blog.
According to property records, Clark was the condo's original owner. He bought it in 2004 for $9 million. MLS listings show he wanted $27 million when the four-bed, four-bath digs were first listed in 2010.
The penthouse is located atop the Setai South Beach, a luxury hotel that caters mostly to celebrities. Like the hotel, owned by Singapore-based GHM, the penthouse exudes a Zen-like feeling with rare Thai furniture and a sweeping view of the Atlantic Ocean.