Real estate investment trust exec lists $2.49M 5BD

Medium c7bceae40dd7a6eb498029826791ee9f Edward Pettinella has listed for sale a five-bedroom, five-bath condo at 16047 Collins Ave. in Sunny Isles Beach for $2.49 million.

The 3,480-square-foot Unit #1203 is part of the Turnberry Ocean Colony South development, which was built in 2007 and houses 129 units. Craig Hopen of Beachfront Realty is the listing agent for the home.

Pettinella is the president, chief executive officer and director at Home Properties Inc., a real estate investment trust. Prior to Home Properties, he served as president of Charter One Bank of New York and executive vice president of Charter One Financial Inc. He has also served in several managerial positions at Rochester Community Savings Bank.

He is a graduate of the State University of New York-Geneseo and holds an M.B.A. in finance from Syracuse University.

According to BlockShopper.com, there were 742 condo sales in Sunny Isles Beach in 2008, with a median sales price of $245,000.
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