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

James Curnin Sells His La Gorce Island Waterfront Mansion For Miami Beach Single Family Price Per Square Foot Record $60 Million In Off Market Deal

Real estate developer James Curnin and his wife Jennifer have sold their stunning waterfront mansion on La Gorce Island in Miami Beach for a record setting $60 million. The sale establishes a new record for the price per square foot of single-family homes in the Miami Beach area, soaring to $6,224 PSF. The off-market deal was overseen by Jordan Karp of Jordan Karp LLC.

The meticulously designed residence, encompassing 9,640 square feet, was crafted over four years and exemplifies luxury living. Situated at 66 La Gorce Circle, the property commands captivating views of Normandy Isle from its 0.4-acre lot. Renowned architect Max Strang was responsible for the home's design, while New York-based Pembrooke & Ives curated its elegant interior and furnishings. The sale, executed off-market and inclusive of most furnishings.

Originally purchased for $7.5 million in 2020, the property came with an older structure that the Curnins had demolished to make way for their dream home. This latest venture is just one of many significant deals unfolding in the vibrant Miami Beach real estate market.

The home was not intended to be listed but Curnin decided to sell after being approached by brokers amidst the hot waterfront market for single family homes in Miami Beach. The island has seen considerable investment activity, with multimillionaire Anand Khubani reportedly acquiring adjacent properties for $100 million just last month.

Clara Homes, the development company led by Curnin, has active projects in South Florida including multifamily projects in Wynwood and Bay Harbor Islands.

Images via Jordan Karp LLC

Waterfront Home On Miami Beach's La Gorce Island Sells For $62.5 Million

A new construction waterfront home set on the exclusive La Gorce Island has sold for $62.5 million. Located at 98 La Gorce Circle, the contemporary villa was designed by Choeff Levy Fischman and developed by Philippe Harari’s Aquablue Group. Mirce Curkoski & Albert Justo with The Waterfront Team at ONE Sotheby's International Realty represented the seller; the buyer was represented by Jill Eber with The Jills Zeder Group.

The home achieved LEED Gold-Certification and spans 7 bedroom, 10 full bathrooms and 3 half bathrooms, situated on an expansive 31,800-SF property overlooking the water. The contemporary design features an abundance of water features, imposing entrance in bronze, book-matched travertine & Japanese white oak. The unrivaled interior with finishes in leather, marble & luxurious wall coverings handcrafted by Italian artisans. The home also features a 1,800 SF master suite, large rooftop, expansive terraces, gym & spa, home theatre, office, chef’s kitchen, Crestron smart home system, entertaining areas and a marble wine cellar. Outdoors features an 88’ long cascading infinity-edge pool/jacuzzi, outdoor kitchen and fire pit; as well as a dock for large yacht.