Co-founder of Luxury Brand Tory Burch Lists Waterfront Mansion in Miami Beach for $49 Million
Christopher Burch has offered his opulent mansion on Miami Beach’s famed North Bay Road for $49 million. He is the co-founder of the fashion label Tory Burch and the founder and CEO of Burch Creative Capital.
The property located at 5050 N. Bay Road features opulent living spaces, eight bedrooms, and eight full plus two partial bathrooms that perfectly capture South Florida living in the traditional post-modern style.
As you enter the main house, the wood paneling gives off a cozy, warm feeling. Each interior space features exquisite details, from the embroidered drapes and trims to the furniture and artwork. Look for a kitchen with a sizable dining room, a dedicated butler’s pantry with a rotisserie oven, a separate prep kitchen, and a breakfast nook.
The 1,500-square-foot guest house has two entrances and may be set up as four bedrooms, while it is now set up as two separate bedrooms with one living area each.
Beyond the fortifications, you’ll discover immaculately kept grounds next to expansive vistas of Biscayne Bay and 139 feet on the water with a large dock. A rear pool provides a gathering space with a covered grill and pizza oven. The pool next to the house features a hot tub, cold plunge, and steam rooms.
Joe Jonas and Sophie Turner Sell their Waterfront Mansion at Bay Point for $15 Million
The home of actress Sophie Turner and singer Joe Jonas in Miami’s exclusive Bay Point area recently sold for $15 million. After buying the house in 2021 for $11 million, the famous couple recruited interior designer Sarah Ivory to renovate it. The home was originally listed for $16.995 million in November of last year.
The Frank Lloyd Wright-inspired waterfront architectural marvel, which is situated in the ultra-exclusive guard-gated neighborhood of Bay Point, was first constructed in the 1980s and measures 10,414 square feet on a 15,599-square-foot lot. The mansion, which has six bedrooms and nine bathrooms, has 30-foot ceilings, stone walls, and a tropical entry lobby with a floating staircase.
It has an antique Murano Venetian glass chandelier and a two-sided travertine fireplace. The dining area features hand-painted de Gournay wallpaper and another Murano glass chandelier.
The home also contains a wine room, a sauna, a gym, and a pool room with a two-story library space above it. A 94-foot private dock with direct access to the bay and ocean, a chef’s kitchen, a covert staff entry, a state-of-the-art spa, an outdoor kitchen, a dual-sided full-service bar for indoor/outdoor serving, a separate kiddie pool, and more can be found outdoors.
Ivory stated that the exterior of the house had been freshly painted, the landscaping had been updated, and lighting had been installed on the trees.
Among the famous people who have moved to Bay Point are pop artist Enrique Iglesias and his partner, former tennis champion Anna Kournikova.
Jeff Bezos Buys Waterfront Mansion on Indian Creek Island for $68 Million
Third-richest man in the world and billionaire Jeff Bezos reportedly paid $68 million for a waterfront mansion on Miami’s Indian Creek Island. An organization that bought the demolished home at 11 Indian Creek Island Road was controlled by the founder of Amazon.
Bezos and his fiancée Lauren Sánchez, a former news reporter, and pilot, were searching for a new or restored property in the Miami region. He probably began looking for a home when in Miami in May for the Formula One Grand Prix. Given that he has looked at residences on La Gorce Island, Star Island, and North Bay Road in Miami Beach, he might potentially be prepared to buy additional properties.
The home was originally built in 1965 with some additional renovations completed in 1985. The home features 9,300 square feet of living space with 3 bedrooms and 3 bathrooms on 2.8 acres. According to tax records, the sellers are listed as hotelier Tulia Soucy de Gonzalez Gorrondona.
Other notables on Indian Creek Island include hedge fund manager Eddie Lampert, businessman Carl Icahn, Tom Brady, Ivanka Trump, Jared Kushner, musician Julio Iglesias, and auto dealer magnate Norman Braman.
David Guetta is also under contract to purchase the beachfront spec home at 37 Indian Creek Island Drive, which has a $69 million asking price.
Hip Hop Legend Lil Wayne Sells Waterfront Miami Mansion on Allison Island
Five-time Grammy award-winner and hip-hop legend, Lil Wayne, recently sold his Miami mansion after listing the property last year for $29.5 million. Weezy sold the waterfront property on Allison Island for a price pending after a recent $1.5 million price reduction to $28 million.
The 23,760-square-foot house, which was created by the architecture company Choeff Levy Fischman, has 110 feet of water frontage, a private dock, a pool, and an outdoor kitchen. It is located on the border of Biscayne Bay. Despite being a brand-new construction, Wayne upgraded the seven-bedroom, nine-bathroom mansion.
There is also an elevator, a movie theater, a wine cellar, two family rooms, staff quarters, a chef’s kitchen, and a butler’s kitchen inside the 10,300-square-foot, two-level residence. Almost every room has floor-to-ceiling sliding doors that let in the beautiful Miami weather. The chef’s kitchen and one of the family rooms also lead to a lush, green indoor courtyard.
The expansive main suite is stunning at 2,500 square feet. There is a huge sitting area, a walk-in closet in the form of a boutique, two bathrooms, and a huge terrace that views the backyard.
Weezy originally purchased the property in 2018 for $16.8 million.
The stunning Allison island is situated in the Indian Creek canal in the La Gorce neighborhood and is regarded as a component of North Beach, a larger area of Miami. 63rd Road divides the 8.5-acre island into a North Island and a South Island.
Condos and townhomes can be found on the southern Island, also called Aqua, while only waterfront mansions with several enormous lots and ultra-modern architecture can be found on the northern Island. This neighborhood’s great demand is in part due to the fact that every single home on the Island has immediate water access to Biscayne Bay.
Joe Jonas and Sophie Turner Lists Bay Point Miami Mansion for $17 Million
The Miami mansion of pop sensation Joe Jonas and his spouse, actress Sophie Turner, is on the market for $16.995 million.
According to the listing, the waterfront home in the exclusive gated neighborhood of Bay Point is on 0.5 acres.
The gorgeous waterfront property features 94 feet of frontage on Biscayne Bay. The nearly 10,500-square-foot home was constructed in 1980 and has six bedrooms. The home boasts wooden beam ceilings, coral-rock walls, and meandering glass staircases. To give the area a tropical flavor, the indoor water features, moats, and koi ponds were converted into vertical gardens during the renovation.
The formal living area boasts windows on all sides and 30-foot ceilings. It has an antique Murano Venetian glass chandelier and a two-sided travertine fireplace. The dining area features hand-painted de Gournay wallpaper and another Murano glass chandelier.
The home contains a wine room, a sauna, a gym, and a pool room with a two-story library space above it.
The home was purchased by the couple in 2021 for $11 million, according to public documents. Sarah Ivory was interior designed for the home with their renovation being completed in August of 2022.
Ivory stated that the exterior of the house had been freshly painted, the landscaping had been updated, and lighting had been installed on the trees. Two swimming pools—one for adults and one for kids—are located in the backyard. The property also has a hot tub, an outdoor kitchen area, and a dock.
Among the famous people who have moved to Bay Point are pop artist Enrique Iglesias and his partner, former tennis champion Anna Kournikova.
Life is Good for Rapper Future Who Recently Purchased a Waterfront Miami Beach Mansion for $“16.3 Million
Award-winning rapper, Future just purchased a stunning waterfront property on Allison Island for $16.3 million.
The singer-songwriter, whose real name is Nayvadius DeMun Wilburn, purchased the 7,250-square-foot, seven-bedroom residence at 6493 Allison Road in Miami Beach. The property was sold by Pascale and Laurent Ouazana. Laurent Ouazana was the CEO of Entoria, one of the biggest insurance brokers in France, and is currently a board member.
According to the listing, the Allison Island estate was originally listed at a $19.9 million asking price. The 2020-built property has a three-car garage, 75 feet of water frontage, staff quarters, a detached guest house, a pool, and cabanas.
This large house includes an elevator, a rooftop terrace, Ornare kitchen cabinetry, stunning dual closets, and a private courtyard entrance.
With more than 8,500 square feet, it includes a detached guest suite, media room, 3 car garage, and 6 bedrooms in addition to staff quarters. You can experience magnificent sunrises, ocean breezes, and close proximity to schools, country clubs, and in-demand Sunset Harbour & Bal Harbour businesses if you are located deep within this exclusive enclave of only 49 waterfront houses.
The property, which was a portion of a double lot, was purchased by the Ouazanas for $12.5 million in 2020. The pair paid $7.9 million for the other site at 6505 Allison Road, which was sold to developer Todd Michael Glaser and his associates Scott Robins and Jonathan Fryd. On the property, they intend to construct a 10,000-square-foot mid-century modern home.
Booba, a French rapper, paid $6.1 million to Komodo and Gekko investor Nick Smith in October for the mansion he owned in Miami Beach. Lil Wayne has recently listed his Allison Island home for $29.5 million.
Penthouse Unit at Beach House 8 Sells for $16.66 Million
For $16.66 million, a penthouse at Miami Beach’s beachfront Beach House 8 condo sold to an LLC managed by Greg Raiff of Fort Lauderdale.
The 4,642-square-foot Unit PH at 3651 Collins Ave. was sold by Beach House 8 BH3 LLC, run by Ricardo Ribeiro Da Silva Junior in Miami, to ULA House 8 LLC, ran by Raiff. Private Jet Services Group’s owner, Elevate Aviation Group, based in Boston, is led by Raiff.
In 2016, the same year that the tower was completed, the unit sold for $14 million. For the sell price of $16.66 million, it equates to $3,589 per square foot.
This magnificent 2 full-floor penthouse overlooks the ocean expanding 5,000 square feet with an additional 5,000 square feet of outdoor space with 5 bedrooms and 5 bathrooms. The outdoor rooftop features a private pool with 360 degrees of ocean and Miami Beach views. Yacht-like attention to detail can be seen in the joinery in the staircase and the woodwork in the main hall.
The modern kitchen with quartz counters and high-end stainless steel appliances flow effortlessly to the living room with an abundance of natural light and high-impact floor to ceilings windows.
The master bedroom suite, which takes up an entire floor, has its own spectacular outdoor spaces as well as an opulent bathtub. A staffed beach, a residents’ pool with cabanas, indoor and outdoor lounges, an underground garage, and a fitness center are among the amenities located downstairs.
The tower was created by the renowned architectural firm Arquitectonica and features interior design by Michele Bonan from Italy. One of Miami Beach’s most upscale condos on the water, Beach House 8 features just eight units.
Former NY Yankees Player A-Rod Just Purchased a Star Island Home for $18.5 Million
For $18.5 million, a company run by former New York Yankees player Alex Rodriguez just purchased a mega-mansion on Miami’s infamous Star Island in Miami Beach.
Casa La Bonita, located at 14 Star Island Drive features 0.9 acres with over 100 feet of water frontage directly on Biscayne Bay. The estate was built by renowned Mexican developer, Carlos Gosselin.
The property boasts imported entrance gates that welcome guests to the gorgeous Mediterranean-style estate opening to arched hallways and courtyards. Throughout the home, it is evident the custom-made Hindu doors, a movie theater, a poolside gazebo, an elevator, high-impact windows, a pool, and a boat dock.
Rodriguez is the manager of Star Island 14 LLC, which is the name of the purchaser of the home. The former MLB All-Star Rodriguez’s addresses in Miami and Woodland Hills, California, were included in the $20 million mortgage from First Republic Bank.
The off-market transaction cost $463 per square foot. In 2020, the house last sold for $24 million.
Rodriguez has purchased on Star Island before. In 2020, Rodriguez and singer/actor Jennifer Lopez bought the home next door, 13 Star Island Drive. Rodriguez and Lopez are no longer together and it is unclear if 13 Star Island will be sold or if either will take sole possession.
Lil Wayne Lists Allison Island Mansion for $29.5 Million
Grammy Award winning rapper Lil Wayne is selling his Miami mansion on Allison Island for $29.5 million after purchasing the home in 2018 for $17 million.
The seven-bedroom, nine-bath, and two-half-bath residence located at 6480 Allison Road features 10,632-square-feet of living space with 110 feet of water frontage, a pool, and a cabana. A wine cellar, a movie theater, and a great room with 22-foot ceilings are all included with the mansion.
It is situated on a little more than half-acre, the mansion was created by spec-home developer Laurent Harrari in 2017.
Before purchasing the Allison Island estate, Lil Wayne paid $10 million for a La Gorce Island mansion in 2017.
According to records, in January, Lil Wayne’s Allison Island property’s neighbor, kitchen, bath, and flooring tycoon Alan Courey, sold his beachfront mansion for $16.5 million.
On Allison Island, recent transactions include developer Todd Michael Glaser’s $7.9 million acquisition of a waterfront parcel on the opposite side of the island with partners Scott Robins and Jonathan Fryd. On the property, Glaser intends to erect a 10,000 square foot mid-century modern home.
Record Breaking Waterfront Mansion Sold in Coconut Grove for $106.9 Million
Adrienne Arsht, a local philanthropist, set a Miami-Dade County record when she sold her waterfront property in Coconut Grove for $106.9 million.
The sale of the home represents a 29% decrease from the property’s initial $150 million asking price and this sale marks the first residential sale to exceed the $100 million threshold.
The 2 two-story homes sit on 3031 and 3115 Brickell Avenue and are frequently referred to as South Florida’s “embassy,” due to the many U.S. and international officials frequenting the home.
There are a total of 12 bedrooms and 13 and a half bathrooms in the 25,000-square-foot home. The 4-acre property has 400 feet of water frontage, is close to Vizcaya Museum & Gardens, and overlooks Biscayne Bay. The main house, known as Indian Spring, was built by Arsht in 1999.
It has a dining room that seats more than 20 people, a six-car garage with an office and apartment upstairs, a pool, and a tennis court. Indian Spring was designed by Jose Gelabert-Navia, a former dean of the University of Miami School of Architecture. Villa Serena, the other house, was constructed in 1913.
The property was developed by William Jennings Bryan, a former U.S. Secretary of State and a 3x presidential candidate. Arsht restored the waterfront mansion and it is now registered in the National Register of Historic Places.
According to records, she purchased the property in two transactions, paying $4 million for the land on which the contemporary house was built in 1996 and then $12 million for the ancient home in 2007.
Arsht, a native of Delaware, made a name for herself in Miami’s financial world and as an arts patron. She gave the Adrienne Arsht Center for the Performing Arts a $30 million gift, earning it the moniker Adrienne Arsht Center for the Performing Arts in Miami’s Arts & Entertainment District. She has also served as TotalBank’s chair in the past.
The transaction surpasses the previous high in Miami-Dade, which was set this summer by the $93 million purchase of three homes in Golden Beach by the founder of the technology business InterSystems. Ragon intends to demolish the buildings and build a new house in their stead.
