Sergio Perez, former Formula 1 driver, has recently bought a lavish four-bedroom condo in Miami's St. Regis Residences following his departure from Red Bull Racing. This upscale property, located in a new 50-story high-rise in Brickell, reportedly cost him millions, with similar units priced at $9.6 million. The condo features over 4,400 square feet of space, stunning views, and luxurious amenities. While Perez's future in racing remains uncertain after losing his Red Bull seat to newcomer Liam Lawson, he has found a new outlet for distraction in his opulent home.
According to sources familiar with the deal, Checo splashed out millions of dollars on the home—with one insider pointing out that a unit similar to the one the Formula 1 legend purchased is currently on the market for $9.6 million.
Prices for the remaining units in the building—which is due to be completed in 2027—start at $5 million, indicating that Perez paid a pretty penny for his new Florida digs.
The Related Group-developed St. Regis Residences offer the utmost in luxury, including a residents-only fine-dining restaurant by Michelin-starred chef Fabio Trabocchi, exclusive beach club access, a private marina, and a bayfront infinity pool.
It is unclear whether Perez will ever return to Formula 1—having ended his yearslong run at Red Bull in December 2024 to be replaced by relative newcomer Liam Lawson.
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