La Gorce Island Estate Known As 'OKTO' With 260' Of Waterfront Sells For Record $75 Million

The lavish La Gorce Island mega-mansion, known as “OKTO” – marked by 260 feet of jaw-dropping waterfrontage – has sold for $75 million. Located on Miami Beach’s exclusive La Gorce Island gated community, the property went under contract just two weeks after it was listed with Nelson Gonzalez, Senior Vice President and top-producer at Berkshire Hathaway HomeServices (BHHS) EWM Realty.

Located at 88 La Gorce Circle, the two-story estate – the collaborative vision of revered developer Todd Michael Glaser and architect Carlos Prio-Touzet – garnered the highest price ever paid for a single-family home in the guard-gated island enclave. It is additionally the second-most expensive single-family home sale to date for the City of Miami Beach. Neither the buyer nor seller was disclosed.

“Even among the extraordinary estates of La Gorce Island, OKTO has been a standout, as evidenced by how quickly it went under contract,” said Gonzalez. “The property’s prime and exclusive location, singular design, and monumental size have made it truly unique, and we knew how to effectively market those attributes to the most discerning buyers.”

The contemporary, resort-style retreat features nine bedrooms, 12 and three half-baths and wide views of the Bay and Intracoastal Waterway. Well-sited on a verdant, 1.1-acre lot (48,027 square feet), the residence is also known as one of the community’s largest single-family offerings.

In addition to a grand entrance that opens to a 100-foot-long living room with soaring ceilings, distinct architectural details throughout the mansion include a Guggenheim-inspired staircase, fine finishes, spectacular custom lighting, and floor-to-ceiling walls of glass. A chef’s kitchen, formal dining room, and gym complete the first floor, while an entertainment room, opulent primary suite with a sprawling closet and deluxe bath, and a wide terrace are well-appointed on the second level. Additional amenities include an elevator, two stately docks, a 100-foot pool overlooking the water, and a rooftop space for year-round entertaining and respite. There is also a guesthouse, five-car garage, and a two-bedroom staff quarters.

“It was a privilege to have facilitated this record transaction in only two weeks,” continued Nelson Gonzalez. “In 2021, we listed the property at $38.5 million and received two offers quickly, but the seller wasn’t ready to sell, so we took it off the market. Now, just four years later, we’ve sold it -- impressively for double that price. It is a true testament to the growth of the market and sustained strong demand for unique, ultra-luxury properties in Miami Beach. That plus our proven track record for successfully implementing strategic launches and hyper-targeted marketing of residences of this caliber continue to result in win-wins for buyers and sellers.”

The La Gorce Island enclave – marked by towering Royal Palms at its entrance and magnificent water views – is one of the most sought-after gated communities in the area. It has long been a haven for high-profile celebrities, including such famed past residents as Cher and Billy Joel. The enclave is minutes from the renowned La Gorce Country Club and golf course, Lincoln Road, Bal Harbour Shops, and is approximately 20 minutes from Miami International Airport. It is also well-protected by 24-hour roving security, including a patrol boat that circles the island each night.

Images via Luxhunters Productions

Golden Beach Oceanfront Estate Complete With Shelby Cobra Hits Market For $42 Million

An ultra-luxury tropical paradise in Golden Beach has hit the market for $42,000,000. This stunning oasis offers 9 bedrooms with private access to a backyard beach, providing the ultimate in relaxation and luxury living. The 12,000 SF mansion has recently undergone a million-dollar makeover and is tastefully staged with Artefacto's sublime collection of furniture, perfectly complementing the beachfront setting. As an added option, a custom Backdraft Shelby Cobra from Prestige Imports can also be included as part of the sale. The home was designed by DOMO Architecture + Design developed by Todd Michael Glaser.

Situated on the Atlantic Ocean, this modern tropical retreat boasts panoramic ocean views and an array of extravagant amenities. The living areas feature a wet bar, gourmet kitchen, elegant dining room, family room, and a spacious terrace with a summer kitchen – perfect for entertaining guests or simply enjoying the ocean breeze.

The primary suite offers ocean views with marble his-and-hers bathrooms and walk-in closets. On the ground floor, an entertainment space awaits with a show-stopping Shelby Cobra car. Additional amenities include a rooftop terrace, theater, guesthouse, 4 kitchens, elevator, patio, and cabana.

263 Ocean Blvd is listed with Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty for $42,000,000.

Images via Nelson Gonzalez BHHS EWM Realty

Triple-Lot Waterfront Estate In Hallandale's Golden Isles Sells For Record $10 Million

An expansive triple-lot residence in the gated Hallandale community of Golden Isles located at 101 Holiday Drive sold for $10 million, setting a new benchmark for the neighborhood as the highest price ever paid for a single-family home. The sale also breaks the record as the highest price ever paid for a single-family home in the City of Hallandale. The highest previous record sale within Golden Isles closed in April of 2022 for $6,395,000.

Berkshire Hathaway HomeServices EWM Realty top-producer Scott Patterson closed a record-breaking transaction, working with both the buyer and seller in the sale. The buyer is from Israel and the seller is from Mexico.

The two-story, 10,123-square-foot home sits on a 38,844-square-foot lot, marked by a point-lot that boasts the Intracoastal on one side and a canal on the other. It also has 420+ feet of seawall with southeast views facing Golden Beach, ideal for accommodating large yachts.

“This remarkable property represents a distinct opportunity for our area, and it has been a privilege to bring the deal to fruition,” said Patterson. “Setting a record of this magnitude underscores the unmistakable draw of our market, and how savvy homebuyers fully appreciate the sheer value of these waterfront properties -- from their size and scope to their setting.”

The grounds are extensive, complete with waterfront covered terraces, a heated pool and jacuzzi, and a large backyard. Adding to the property’s uniqueness, it is located in a ‘no wake’ zone with no fixed bridges to the Atlantic Ocean, making it all the more enticing for boating enthusiasts.

Images via Berkshire Hathaway HomeServices EWM Realty

Former CEO of SoftBank Marcelo Claure Lists Vacant North Bay Road Lot For $39.9 Million Complete With Permitted Plans By Iconic Architect Kobi Karp

The former CEO of SoftBank, Marcelo Claure, has listed one of the largest and most spectacular waterfront vacant lots to recently enter the Miami Beach prime property market for $39.9 million. The property is listed with Berkshire Hathaway HomeServices EWM Realty Senior Vice President and top-producer Nelson Gonzalez and comes complete with fully permitted plans by renowned architect Kobi Karp.

Presented for $39.9 million, the listing, 5212 North Bay Road, is an expansive, 27,334-square-foot vacant lot – equating to $1,459 per square foot. The property offers 150 feet on Biscayne Bay, providing stunning, unobstructed panoramas of the Miami skyline, sunset, and Biscayne Bay. The vacant property’s availability is unique for the area, which currently has few, if any, empty lots for sale, and none comparable to this property’s size and scope.

The property comes with permitted plans by internationally revered architect Kobi Karp, whose vision calls for a nine-bedroom, 14-bath (eight full-bath and six half-bath) mansion with 14,000 square feet of lavish interiors, an abundance of amenities, and extraordinary exterior spaces, including a rooftop that has been positioned to capture the sheer magnitude and entirety of the views. A new seawall and dock are also currently under construction.

“This is a landmark opportunity for a savvy buyer who’s looking to build their waterfront dream home,” said Gonzalez. “For someone seeking a large piece of land with the best price and location, this listing cannot be overlooked. And because of Kobi’s permitted designs, a buyer can put a shovel in the ground on the day they close.”

Featuring a central and tranquil location, the property is additionally located within minutes of the La Gorce Country Club and golf course, beaches, the Sunset Harbour and Bal Harbour neighborhoods, downtown Miami, and the Brickell financial district.

Images via Berkshire Hathaway HomeServices EWM Realty

$15.5 Million Waterfront Spec Home Sale Sets Record On Normandy Isle

A waterfront spec home on Normandy Isles has sold for $15.5 million, setting a record for the priciest home sale ever in Normandy Isle. Located at 2608 Biarritz Dr, Miami Beach, the seller was represented by Nelson Gonzalez with BHHS EWM Realty, while the undisclosed buyer was represented by Andre Duek, Carolina Lara & Camila Paiva with ONE Sotheby's International Realty.

The new modern waterfront with a western exposure and views of Biscayne Bay sits on a 12,052 SF bayfront lot across Normandy Shores Golf Club. The home features 6 beds and 6.5 baths as well as soaring ceilings, gourmet kitchen, media room, elevator, ELAN smart control system, floating glass staircase, and a waterfront master suite with a private terrace, walk-in closet, and luxe bath. The Backyard is equipped with a covered patio for dining and lounging, pool, and a pier dock with a boat lift with 73’ of water frontage.

Adrienne Arsht's Bayfront Estate Sells For Record $106 Million Becoming First Residential Property To Break $100 Million Threshold

For the first time in Miami-Dade County history, a residential property sale has crossed the $100 million threshold. The Arsht Estate, a four-acre waterfront compound owned by Adrienne Arsht, one of the most revered business leaders and philanthropists in the United States, sold today for $106,875,000.

Top-producing Senior Vice President Ashley Cusack with Berkshire Hathaway HomeServices EWM Realty represented Arsht. Jill Hertzberg of The Jills Zeder Group with Coldwell Banker represented the buyer, who is undisclosed.

“As the steward of this beautiful property, I am proud to leave its legacy to the next generations of caretakers,” said Arsht. “May they also enjoy the breathtaking view!”

“It has been an honor to represent this landmark estate, which is truly one of the most magnificent in the U.S. -- fully steeped in Miami’s history,” said Cusack. “Pairing that prominence with Ms. Arsht’s commitment to community has been all the more impactful.”

Neighbored by the historic Vizcaya Museum, The Arsht Estate encompasses more than 25,000 square feet of exquisitely detailed structures. Overlooking Biscayne Bay from atop one of Miami’s highest bayfront elevations, it features more than 400 feet of water frontage, as well as panoramic views of Key Biscayne and downtown Miami. Throughout the years, the property -- often referred to as South Florida’s “embassy” -- has been the backdrop for numerous important events and gatherings involving international luminaries, including U.S. presidents, ambassadors, and world leaders.

The Arsht Estate’s primary residence, known as Indian Spring, was built by Arsht in 1999 and designed by Jose A. Gelabert-Navia, the former Dean of the University of Miami School of Architecture. All living areas in the home offer views of the grounds and Biscayne Bay. Built to accommodate grand-scale entertaining, additional highlights include a Great Room, expansive courtyard entryway, formal dining room with seating for more than 20 guests, a primary bedroom suite with a full gym, and a grand foyer with a sweeping staircase. Indian Spring also has a six-car garage with an upstairs apartment and private office, bayfront swimming pool, and a lighted tennis court.

The second residence, Villa Serena, was built in 1913 by former U.S. Secretary of State and three-time U.S. presidential candidate William Jennings Bryan and is listed on the National Register of Historic Places. Designed by architect August Geiger, the home also has unobstructed Biscayne Bay views and was carefully restored by Arsht to reflect its original glory. Its unique design includes two ornate staircases, which access private upstairs sleeping quarters, as well as a detached guest house situated above a three-car garage.

Arsht, a native Delawarean, divides her time among Washington, DC, Miami, and New York. In Miami, she was Chairman of the Board of TotalBank. Arsht’s vast philanthropy includes the Adrienne Arsht Center for the Performing Arts in Miami; The Atlantic Council's Adrienne Arsht Latin America Center and Adrienne Arsht-Rockefeller Foundation Resilience Center, each located in Washington, DC; the Adrienne Arsht Stage at Alice Tully Hall in New York's Lincoln Center; and funding for the first all-paid internships at the Metropolitan Museum of Art in New York.

“This will be a very important day for future Miami historians,” said Ron Shuffield, President & CEO of Berkshire Hathaway HomeServices EWM Realty. “The first residential property in Miami to surpass the $100 million sale mark will forever hold a prominent place in Miami’s history. Today’s record sale is a testament to the ever-increasing global interest in our hometown.”

Indian Spring

Villa Serena

Photos via 1 Oak Studio

NBA Star Tim Hardaway Jr. Buys Non-Waterfront North Bay Road Home Built By Todd Michael Glaser For Record $9.15 Million

Todd Michael Glaser has broken the record on North May Road for most expensive non-waterfront single-family home purchased to date. NBA star Tim Hardaway Jr. closed on the newly developed 6015 North Bay Road for $9.15 million. Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty represented the seller in the transaction.

The new contemporary luxury home on exclusive North Bay Road developed by Todd Michael Glaser with ultra-modern design and architecture by DOMO Architecture + Design. Situated on a large 9,371 SF lot, the home features a two car garage and driveway. The 4,684-SF home offers 6 bedrooms, 6 bathrooms and 1 half-bath. The downstairs features an open floor plan with open chef’s kitchen and living areas overlooking the lush pool areas. Upstairs offers an upper family room as well as 4 large bedrooms, including a lavish master suite taking the entire pool side of the house. Outdoors is finished with lush landscaping, 2 pools including a lap pool, covered porches, summer kitchen, and garden for ample space for outdoor living in Miami Beach.

Adrienne Arsht's Bayfront Estate Hits Market As Miami's Most Expensive Listing Ever At $150 Million

The Arsht Estate, a magnificent waterfront compound owned by business leader and philanthropist Adrienne Arsht, will be coming to the Miami market for $150 million, setting a record as the most expensive single-family listing ever for Miami-Dade County and one of the highest-priced offerings currently for sale in the country. Neighboring Vizcaya, Miami’s landmark museum, the property, encompasses two homes and is ideally situated on more than four pastoral acres and overlooks Biscayne Bay from atop one of Miami’s highest bayfront elevations. The property features more than 400’ of water frontage with panoramic views of the Bay, Key Biscayne, and Downtown Miami. Senior Vice President Ashley Cusack with Berkshire Hathaway HomeServices EWM Realty will be listing the estate which is located in the estate section of Brickell Ave.

“Being the steward of such a magnificent haven has been a true honor,” said Arsht. “This property has been the cherished site of some of our country’s most memorable gatherings. It is, without a doubt, one-of-a-kind and so quintessentially Miami. As a decades-long Miami resident, I am pleased to have been a part of preserving this treasure, and I look forward to having a continued positive impact on the community.”

The stately gates of the Arsht Estate lead to a pair of separate, two-story homes and several standalone structures, totaling more than 25,000 square feet. The primary residence, known as Indian Spring, was built by Arsht in 1999 and designed by Jose A. Gelabert-Navia, the former Dean of the University of Miami School of Architecture. The five-bedroom manse is crafted to accommodate elegant, grand-scale entertaining, with all living areas featuring sublime views of the verdant grounds and Biscayne Bay. Indian Spring has 20-foot ceilings, a formal living room and a Great Room, and an expansive, lush courtyard entryway. Adding to the inimitable elegance of the home, a formal dining room with seating for up to 20 guests is flanked by French doors on both sides. Further highlights include a primary bedroom suite with two full baths and a full gym; a grand foyer with a sweeping staircase offering direct views of the pool and Biscayne Bay; a handsome sunlit office with rich wood paneling; a sprawling family room, affectionately known as the “Garden Room;” a tranquil covered patio, which is an ideal space for entertaining guests or enjoying rest and relaxation; a Chicago brick drive; and an elevator.

Indian Spring additionally has a six-car garage with an upstairs two-bedroom, two-bath apartment, as well as a private oversized office for the owners’ use. The bayfront swimming pool includes two full baths with easy access to accommodate guests for outdoor entertaining. There is also a lighted tennis court.

The second residence, known as Villa Serena, was built in 1913 by former U.S. Secretary of State and three-time U.S. presidential candidate William Jennings Bryan. Designed by venerated architect August Geiger, the iconic manse has endless Biscayne Bay views and was meticulously and lovingly restored by Arsht to reflect its original glory. Villa Serena was furthermore designated “historic” by the National Register of Historic Places in 2012. Its unique design includes two ornate staircases accessing private upstairs sleeping quarters and, reflective of the era, a hidden doorway, allowing for seamless passage between rooms. The home also has a detached guest house, situated above a three-car garage.

“This is a compound that invites prominence – one that is not only connected to Miami’s earliest roots, but now to the world’s future of finance, technology, and global conglomerates, all operating and conducting their business just minutes away from this exceptional time-honored property,” said Cusack. “Thanks to its refinement and world-class amenities, the Arsht Estate is a residence with absolute global appeal. Its setting and size will be a draw for the most sophisticated of buyers.”

Throughout the years, the Arsht Estate, often referred to as South Florida’s “embassy,” has been the backdrop for numerous important events and gatherings involving international luminaries, including U.S. presidents, ambassadors, and world leaders.

“The sheer splendor of the Arsht Estate cannot be overstated,” added Ron Shuffield, CEO of Berkshire Hathaway HomeServices EWM Realty. “This is an extraordinary offering – a ‘unicorn’ for the market…one that simply cannot be duplicated.”

Arsht, a native Delawarean, divides her time among Washington, DC, Miami, and New York. In Miami, she was Chairman of TotalBank. Arsht’s philanthropy includes the Adrienne Arsht Center for the Performing Arts in Miami, the Arsht Centers for Latin America, and for Resilience, at the Atlantic Council in Washington, DC, and funding for the first all-paid internships at the Metropolitan Museum of Art in New York.

Indian Spring

Villa Serena

Photos via 1 Oak Studio

Tour GameStop Short Seller Gabriel Plotkin of Melvin Capital’s $44 Million North Bay Road Mega-Mansion

Melvin Capital’s Gabriel Plotkin has been in the news quite a bit recently after his hedge fund may have posted a loss in the billions in the stock market shorting GameStop. Plotkin made his first splash when he acquired the Choeff Levy Fischman-designed 6360 North Bay Road and 6342 North Bay Road on Miami Beach in November 2020 for $44 million. He then applied to demolish an 80-year-old home on the 6342 North Bay Road site to build a tennis court for the compound.

The residence at 6360 North Bay Road was designed by Choeff Levy Fischman and completed in 2018. The home offers the ultimate in waterfront living and year-round entertainment. eight-bedroom eight-bath main house, a four-bedroom four-bath guesthouse, and a cabana house. The ultra-luxe modern home was designed to blend the outdoors with inside with floor-to-ceiling glass sliding walls. The mansion is spread over 13,381 square foot with 2,700 square foot of covered outdoor space and a 3,000 square foot rooftop deck which offers sweeping panoramas of Biscayne Bay and sunsets over the water. The backyard features a resort-style mosaic glass pool, built-in spa, detached cabana house, and a summer kitchen. The 27,608 SF lot features a new 60’ pier dock and seawall with 112’ of waterfrontage.

Melvin Capital suffered serious losses after his short position in GameStop was targeted by members of the Reddit community Wall Street Bets. The group of retail traders pooled together to drive up GameStop’s market price and squeeze out short-sellers. Melvin Capital received a $2.75 billion bailout following the trading fallout from Ken Griffin’s Citadel and Steven Cohen’s Point72. Melvin Capital previously had $13 billion under management.

Photos via Felipe Ariano

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Step Inside A Newly Revealed Venetian Islands Spec Mansion Asking $23.5 Million

Miami Beach ultra-luxury developer, Ramin Designs, in partnership with the top luxury broker, Nelson Gonzalez, have created a contemporary masterpiece on the premier southern lot of Miami-Beach’s Venetian Islands. From design to completion in less than one year, 10 W San Marino combines the developer's signature style of architectural simplicity with a deep respect for the surrounding natural beauty of the Venetian Islands.

10 W San Marino embodies the ideal combination of modern Miami Beach design, unobstructed views, outstanding outdoors for waterfront living, and deluxe amenities put together in a tasteful yet indulgent fashion. Ramin Designs + Development built 10 W San Marino with meticulous attention to detail, executing every aspect of the home to absolute perfection. The home was designed by Dunagan Diverio Design Group with a sophisticated yet relaxed lifestyle; capturing the best of waterfront living from every angle. Miami-based Brazilian firm, Artefacto, staged the home top to bottom with its high-end contemporary furniture in neutral palette, creating an atmosphere for modern yet comfortable luxury living. Fredric Snitzer Gallery curated a selection of works by internationally known contemporary artist to complete the presentation of this extraordinary home. 

10 W San Marino features a dramatic entrance with double-height ceilings and a striking 23-foot tall limestone piece with organic finish will welcome you into the expansive living areas. Wall-to-wall, automatic sliding glass doors expose jaw-dropping water, Downtown Miami, and Miami Beach skyline views throughout.

Built in 2020, 10 W San Marino spans 6 bedrooms with 6 bathrooms and a powder room. The home is split with four bedrooms on the second floor, while there are two bedrooms plus a theater on the first floor. Enclosed within the 12-foot high ceilings and beautiful limestone flooring throughout the first floor are a Boffi gourmet kitchen adjoined by a service kitchen to the back and a family room by the waterfront. The centerpiece of the home is the living room, while the dining area and the wet bar with a pocketed TV screen are the perfect place for indoor entertaining in style.

The master suite is enclosed with three walls of floor-to-ceiling glass offering the absolute best views in the house; Downtown Miami to the west and South Beach skyline to the east. A dream walk-in closet by Italkraft and a lavish marble bathroom with hers and his vanities and an oversized bathtub surround an opulent, glass-enclosed marble shower.

The touch of refined luxury is evident in every detail around the home; the smart technology controlled through Savant, the movie theater with a state-of-the-art sound system and lighting, the custom Italian frameless doors, the seamless white oak wood flooring, Porsche Design lighting, the ultra-modern Boffi fixtures, the invisible speakers inside of the home, the oversized outdoor speakers, etc. 10 W San Marino is also equipped with an air-conditioned two-car garage with space for a lift and a full house generator.

Outside 10 W San Marino features a rooftop deck with breathtaking views of Downtown Miami, a heated saltwater pool with spa, cabana with summer kitchen and 105’ of waterfront complete with a boat lift, IPE dock and new 10-foot seawall.

10 W San Marino is currently listed for $23,500,000 with Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty.

For more information about 10 W San Marino, private showings or purchasing/ leasing information please fill out the form below: