This month has witnessed some incredible sales in Miami Beach. Rosie O’Donnell’s home sale, Billy Joel home sale, and now a mega sale at 42 La Gorce Circle for $30 million, add to the frantic pace of the Miami Beach real estate marketplace. We featured this listing when it was announced and noted that it would not last. It is a true masterpiece in every sense of the word. Located on a private island of 70,000 square feet, the estate has a main home, guest home, staff quarters, and an additional guard tower. The main home has 8 beds and 9.5 baths and not one but two kitchens for the chef and the family. The staff quarters have two beds and two baths and the guest home has one bed and one bath. Ceilings are handpainted, all finishes are top of the line, and it occupies an incredible near 400 feet of waterfront. Truly unbelievable home, in the best neighborhood.
The transaction took place between two corporate entities that were international, one interest is Canadian and another is European. The seller purchased the property in 2001 for 12.45 million, which represents a substantial gain. La Gorce Island is one of the most desirable areas in South Florida. The views are incomparable with wide vistas of the Biscayne Bay and the Atlantic Ocean. It is minutes away from the La Gorce Country Club, the only private club in Miami Beach, and is equidistant from the luxury shopping at Bal Harbour and the incredible nightlife and amusements of South Beach at ten minutes drive. The Miami International Airport is a 15 minute drive. For more information on this listing and others on La Gorce Island, contact us today.