Check Out This Waterfront Spec Mansion On The Blazing Hot Palm Island Which Just Sold For $29.5 Million

A waterfront spec home on Miami Beach’s prestigious Palm Island has sold for $29.5 million as real estate on the island continues to push higher. Located at 135 Palm Ave, the new construction home was developed by Sabal Development and was listed with Jeff Miller of ONE Sotheby’s International Realty and Mathieu Rochette of Compass, who represented the seller. The buyer was represented by Liz Hogan with Compass.

The agents involved in the deal have completed several high-profile transactions on the island in the past few years. Miller sold 73 Palm in 2019 for $24.5 million while Hogan has sold 3 homes on the island over $25 million this month, including 94 Palm for a record $30 million and 370 S Hibiscus for $26.5 million.

The new construction modern 8 bedroom, 8.5 bathroom home features vast open living spaces tastefully furnished by world renowned brand Roche Bobois and seamlessly integrating indoor/outdoor living and entertaining. A spacious 1st floor features an open chef and prep kitchens, formal and informal dining rooms, movie theatre and guest suite. Upstairs offers a custom glass staircase or elevator and Master Suite with sweeping water views and an open flow with dual vanities and showers, floating tub, custom walk-in closets and midnight bar. The secluded backyard features an infinity-edge marble pool and jacuzzi, summer kitchen and cabana with sauna overlooking 100’ of water frontage. The property also features a guest House, 6 car garage, SAVANT smart- home, and rooftop lounge.

Miami’s ultra-luxury waterfront real estate market has been on fire lately. On Palm Island boxing legend Floyd Mayweather recently purchased a waterfront mansion for $18 million. Dreampact Ventures co-founder Fued Sadala purchased 9814 West Broadview Drive in the Bay Harbor Islands for $12 million, a record for a waterfront sale in the neighborhood; famed musician and producer partners Emilio and Gloria Estefan sold their Star Island “guest estate”for $35 million; real estate investor Andrew Mirmelli recently closed on a Hibiscus Island home for $21 million before immediately listing it for $30 million; spec home developer James Curnin sold his Modern Farmhouse on Allison Island for $13,875,000; and the Miami-Dade record for most expensive home was broken with the currently under construction 3488 Saint Gaudens Road in Coconut Grove selling for a record $65 million.

Images via Jeff Miller, ONE Sotheby’s International Realty

Check Out This Choeff Levy Fischman-Designed Palm Island Mansion Which Just Sold For $24.57 Million

73 Palm Ave. located on Miami Beach’s prestigious Palm Island and designed by Choeff Levy Fischman, has been sold for $24.57 million. The tropical modern mansion offers 9-bedroom and 10.5-bathrooms spread over 14,200 SF with a large rooftop terrace and water views. The home was listed with Mirce Curkoski and Albert Justo of ONE Sotheby’s International Realty and the buyers agent was Jeff Miller of Brown Harris Stevens.

The home was designed by Raphael Levy and Ralph Choeff of Choeff Levy Fischman Architecture + Design with indoor-outdoor living through vast opening sliding glass doors and wide-open interior and exterior spaces that blur the separation between interior and exterior environments. The architects also designed a cascading water feature located before you enter the home that empties into a reflecting pond that has stepping-stones over it so it appears as if you’re walking on water. Other features include a floating three-story stairs off the entry that create a sculptural feel and vertical wood elements throughout the homes interior and exterior.

The interiors were designed by Charlotte Dunagan and Philippe Harari and furnished throughout with Minotti and Poliform, amongst others. 73 Palm features a custom Italian kitchen, home theater, wine cellar, vast open living areas and a private elevator. The large master suite is one of the highlights of the house with water views, a large terrace with private hot tub, and a master bath that features a shower and tub area that appears to be floating in the master bath with full visual connection to an exterior bamboo garden giving that area light and privacy.

Outside the grounds are stunningly landscaped by Mauricio Del Valle with over 100’ of water-frontage, a gazebo with summer kitchen and multiple sitting areas. A waterfront infinity edge pool flows into shallow water that becomes a reflecting pond that wraps around an island that has lounge seating .The shallow water continues to the rear slider at the interior lounge to make it appear as if the water enters the interior of the residence once the sliders are fully open.

73 Palm is also full of sustainable green features including very high SEER air-conditioning units, large vast opening sliding doors, LED lighting, insulated glass and lots of glass for natural light in order to eliminate turning on the lights in many areas during the daytime. The home is also outfitted with a Creston automated smart home system.

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Cleveland Indians First Baseman Yonder Alonso Lists Miami Beach Condo in MEI For $1.995 Million

Cleveland Indians first baseman Yonder Alonso has listed his Miami Beach condo in MEI Condominium for $1.995 million. The penthouse residence features 2-bedrooms and 2.5 bathrooms spread over 1,556 SF. The two-story residences features floor-to-ceiling glass with views of both the Atlantic Ocean and Intracoastal waterway. The residence was custom designed by world renowned interior designed Briggs Solomon. The layout features a kitchen and living room located downstairs with the 2 bedrooms upstairs and balconies on both levels. 

Amenities at MEI include a tea lounge and library, spa, steam room, fitness center with innovative smart technology, concierge services, beach access, a pool and food and beverage services.
 
Alonso has also played for Cincinnati Reds, San Diego Padres, Oakland Athletics and Seattle Mariners.

The 5875 Collins Avenue #PH4 is currently listed for $1,995,000 with Jeff Miller of Brown Harris Stevens Miami.

Photos via Brown Harris Stevens