A waterfront estate at 270 S. Hibiscus Drive has sold for $51.5 million, setting new records for both sale price and price per square foot on Miami Beach's guard-gated Hibiscus and Palm Islands. The transaction surpassed the previous record sale of approximately $40 million, despite that property encompassing a larger residence on a larger lot.
Read More$60 Million Oceanfront 'Super Estate' Hits Market In Vero Beach As Highest-Priced Florida Property North of Palm Beach
The highly lauded coastal destination of Vero Beach is a hidden gem on Florida’s Treasure Coast that attracts millionaires, billionaires and celebrities alike due to its ultra-exclusivity and luxury of small-town charm. Dubbed “The Hamptons of Florida,” it boasts 22 miles of pristine coastline speckled with grand mansions that are home to seasonal dwellers, like Gloria Estefan and country singer Jake Owen.
Read More