1374B S Venetian Way in Miami, Florida

Migrating south for the winter, need some fun in the sun? Miami Beach’s tropical waters + powdery beaches aren’t enticing enough, this is what’s on around town:

• Art Basel
• NFL Pro Bowl
• NFL Superbowl XLIV
• Miami International Boat Show
• South Beach Wine and Food Festival
• Winter Music Conference
• Sony Ericsson Open

Not feeling the hotels, rather go native? Try this one on for size, 1374B South Venetian Way is located on the westernmost isle of the Venetian Islands. Short term and long term leases welcome. If your stay becomes more permanent, check out the house next door!

Vitals on 1374B South Venetian Way:

• Lot Size: 10,500SF (60′ on the H2O)
• Living: 7,117 SF (7 bed/8 bath/1 half bath)
• Furnished
• Media Room
• Putting Green
• Rooftop Pool
• Boat Dock
• 2-Car Garage
• Built in 2006

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88 La Gorce Circle, Miami Beach, Florida

Simply put, this La Gorce Island estate is a class act!  Last week, I returned it to the market for $19.5M. It luxuriates in style, scale and balance and may be among Miami Beach’s more architecturally significant modern homes. The expansive floor plan, inspired by the Carl Fisher Estate (5020 North Bay Road), was developed and sold in 2006 by the same talented mastermind.

Property on 88 La Gorce Circle:

• Lot Size: 48,027SF
• On the H2o: 260′
• Living Area: 17,183SF
• 10 Bed / 12 Bath / 3 Half Bath
• Private Guest House
• Roof Top Terrace
• Lap Pool
• 2 Docks
• 5-car garage
• Staff Quarters
• Built in 2008

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2046 NORTH BAY ROAD

It usually takes just one sale to break a cycle. For our purposes we focus on the ultra luxe end of the market.  In June, Shaq’s Star Island home, at one time listed for $35M, closed for $16M. Until this sale, Dade County had only seen one single family home trade above $10M during 2009. This  fall, the Sunset Island residence located at 1400 W 28 Street that was on the market for $15.9M closed for $9.5M.  The domino effect continues this week with the sale of 2046 North Bay Road which closed for $9.750M.

Originally listed for $17M, this spec estate was conceived during South Florida’s most recent boom time, 2005-06. In those days buyers and sellers did not subscribe to the BUBBLE theory. As a result, developers planned to yield large by devouring tear downs + vacant land.  Fast forward a few years to find all the bells and whistles in decadent, new construction…at a substantial discount. My buyer certainly maximized his $$$ on this transaction, the deal was pure value, the appointments alone read like a who’s who of Architectural Digest.

2046 North Bay Road Vitals:

• Smart House custom designed by Audio One (both interior + exterior)
• Private guard house
• Lot Size: 38,314SF (112 x 370′)
• Under Air: 13,056SF
• On the H2O: 112′
• Large dock with boat lift
• 80′ pool (in length)
• 3 Kitchens include: Wolf, Miele, Viking and Sub Zero appliances
• 1,700 SF Master Suite
• Waterworks bathrooms throughout
• Wine Cellar + Wine Tasting Room
• Smoking Room with advanced exhaust system
• Home Theater
• Elevator
• 4-car garage

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