High-profile real estate investor Grant Cardone has listed a residential luxury property in Golden Beach, Florida, on the Propy blockchain-based real estate platform with an asking price of $42 million – and buyers will be able to use Bitcoin for their purchase.
The transaction is the first proptech venture for Cardone, who listed the property on the Propy marketplace with the deed minted on-chain. The 10,275-square-foot residence was built in 2007 and it encompasses seven bathrooms, eight bathrooms and 100 feet of private beachfront access with a beach cabana.
The property last changed hands in June 2021 for $24 million.
“We are all in on blockchain revolutionizing real estate,” said Cardone in a press statement. “We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge.”
“It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers,” said Natalia Karayaneva, founder and CEO of Propy. “With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process. The inclusion of Cardone’s listing in Bitcoin and U.S. dollars on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto.”
;
