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.

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.

Jorge Posada-Retired New York Yankees Catcher Lists $20 Million Coral Gables Mansion

Retired New York Yankees star catcher, Jorge Posada and his wife Laura are the proud owners of 9335 Balada Street in Coral Gables. A waterfront estate that is now for sale and is situated in the upscale Old Cutler Bay neighborhood in Coral Gables.

Just two years before he retired in 2012, the five-time All-Star is claimed to have paid $6.25 million for the home in 2010, according to Mansion Global. The Coral Gables home is currently on the market at $19.9 million.

The former MLB player’s waterfront estate includes a stunning 11,800 square foot home with seven bedrooms, nine bathrooms, a private boat dock, and a six-car garage. Additionally, it is outfitted with a plethora of amenities, such as an infinity pool with canal views and a putting green where you can work on your short game whenever the desire strikes.

The interior of the house has a distinctly modern aesthetic with accents of brilliant white and shiny finishes. On the first level, there are two double living rooms, an ultra-modern chef’s kitchen, and a formal dining room with a wine rack installed on the wall.

Additionally, there is a seamless transition between indoor and outdoor areas, with various covered terraces, three balconies, and a two-story outdoor entertainment area complete with a summer kitchen.

The main bedroom is located upstairs, and it has an unbelievable walk-in closet that is about the size of two separate bedrooms put together. Naturally, the former athlete’s estate has a gym as well as a navy-colored movie theater, two home offices, and a basement with a pool table.

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.

Jeff Bezos’ Parents Buy Waterfront Mansion in Miami

The parents of Jeff Bezos invested $34 million in a waterfront Coral Gables mansion with over 12,000 square feet. Records show that the estate was purchased by Jackie and Mike Bezos, the parents of Amazon’s founder, last week.

Through a Delaware-based limited liability company called Forgotten Fountain, the couple bought the property located at 9475 Journeys End Road in Coral Gables.

The sellers of the estate were the former CEO of PetMD, Raul Calvoz, and his wife Raquel Cordon. According to property records, the couple paid $8.5 million for the home in 2018.

According to the description, the house has undergone a complete renovation and now features six bedrooms and seven bathrooms with floor-to-ceiling windows and French doors throughout. The property sits on more than 2 acres and has 200 feet of water frontage.

In addition, the offering lists a chef’s kitchen with double ovens, views of the pool and ocean beyond, a quartz wet bar, a rock climbing wall, a gym, a wine cellar, and other luxury amenities. The residence also features 2 terraces over two floors.

A pool, a lounge area, an outdoor kitchen, and a dining area with a built-in grill are all located outside. The mansion is perfect for car enthusiasts with a 9-car garage as well as a backup generator.

With a net worth of around $144 billion, Jeff Bezos is currently the second-richest person in the world. The internet giant spent $165 million purchasing a Los Angeles property that was originally owned by music billionaire David Geffen, making it one of the biggest purchases of 2020.

Records also show that Bezos’ parents also purchased an adjacent property to the Coral Gables home for almost $40 million in an off-market deal.

Tech Giant Sells Miami Beach Mansion for $26 Million

David Centner, a successful inventor, and technology entrepreneur recently sold his waterfront mansion in Miami Beach for $26 million. Centner is known for his development of the Highway Toll Administration, Erase.com, and now he and his wife head a private school located in Wynwood.

The home located at 5465 Pine Tree Drive is sited on 21,156 square feet with 125 linear feet of water frontage along the Intracoastal Waterway canal. The mansion was built to resemble an Italian Mediterranean home with a majority of the finishes hand-made in Italy, right down to the teal roof tiles.

The home features 10 bedrooms, 14 bathrooms, 12-foot ceilings, marble floors, and hand-crafted solid wood cabinets imported from Milan. In addition, the home showcases a spacious home gym, theater room, 3 car garage, and a 2 bedroom/2 bathroom guesthouse.

The dine-in kitchen has seating for 28 and the outdoor is equally impressive with a 2,000 square foot pool, balcony, and an expansive dock.

The Centners built this home as a spec home through Inspirata Group which happens to be the buyers for the home as well (Nicholas and Susan Maounis, owners of the Inspirata Group).

At $26 million, the price equated to $2,364 per square foot.

Not only has Centner made headway in the tech world, but the family also runs Centner Development which is currently working on multiple real projects in Miami. The Centners currently own 2 condos in Miami and Miami Beach.

The Centners have recently sold a few of their properties including a Miami Beach mansion to Russell Weiner, the Rockstar Energy Drink Founder.

Developer Sells Waterfront Estate to Cosmetic Company CEO

Pascal Nicolai, a Miami house developer, sold his waterfront Hibiscus Island spec home to a cosmetic company CEO for $2 million over asking price landing at a steep $15 million.

The waterfront estate located at 165 North Hibiscus Drive in Miami Beach features 5 bedrooms, 5.1 bathrooms all on 0.17 acres of water frontage. The MLS listing shows a rendering of the spec home with a modern finish with floor-to-ceiling windows covering the exterior.

The interior of the home showcases 4,791 square feet of living space with high-end finishes.

Tropical foliage surrounds the property creating privacy that is unmatched on Hibiscus Island. The pool overlooks the dock, Biscayne Bay, and faces the Venetian Islands.

The seller Pascal Nicolai is the owner of Nicolai’s Sabal Development and this is one of his many spec homes currently being developed in Miami. The buyer for the property is the CEO of Farmasi North America, Sinan Tuna.

Tuna’s company is not only a cosmetic company but it’s also a marketing company that was originally located in Istanbul. Farmasi plans to build a headquarters and distribution center for the company in Doral, Florida.

The property was originally listed in July 2020 for $13 million during its completion of construction. It was then taken off the market then resisted in late 2021 for $15.5 million. The property was last sold to the developer for $5.8 million in 2016.

Dora Puig, owner and broker of Luxe Living Realty represented the seller/developer of the property.