Step Inside A Contemporary Waterfront Estate In Boca Raton's Prestigious 'The Sanctuary' Community Asking $16 Million

A newly constructed contemporary waterfront estate located in Boca Raton’s prestigious community, The Sanctuary, has listed for $16 million. The brand-new residence offers a bright and cheerful Southern Exposure, bathing the home in natural light, as well as captivating 30 ft ceilings at the entry, creating magnificent art walls, a blank canvas for any art enthusiast. The newly constructed 8,826-square-foot residence comprises six bedrooms and ten bathrooms and is a work of architectural brilliance with impeccable modern craftsmanship.

The home’s focal point, a suspended vapor fireplace hangs in the living room, provides a sense of coziness with a contemporary touch. The ultra-modern feature is complemented by glass-enclosed wine storage in the adjacent dining room.

The home also features a gourmet kitchen, equipped with top-of-the-line Sub Zero and Wolf appliances No detail has been overlooked, from the impact windows ensuring security and peace of mind to the convenience of an elevator for easy access to all levels. Stay fit and active in the private gym, and enjoy the modern convenience of a Crestron Smart Home System.

The highly amenitized club room bar seamlessly opens to the covered lanai featuring a BBQ area with a well equipped summer kitchen and a built-in grill, overlooks the infinity pool, spa, and tranquil waterway. Additional amenities include an outdoor shower, elevator, wet bar, and more.

The Sanctuary is a highly sought-after gated community nestled in East Boca, surrounded by lush landscaping and offering 24-hour armed security for peace of mind. Enjoy the convenience of being just moments away from Boca's beautiful beaches, parks, and an array of shopping, dining, and nightlife options.

650 Tern Point Circle is currently listed with Oren Alexander of The Alexander Team at OFFICIAL.

Images via The Alexander Team

The Alexander Team Launches Ultra-Luxe Real Estate Advisory, Official, Backed By Side

The nation’s leading ultra-luxury real estate group The Alexander Team, led by Oren and Tal Alexander, has left Douglas Elliman to launch their own firm, Official. Official is the first real estate advisory firm to specialize in the ultra-luxury segment of the market and is backed by the San Francisco-based real estate firm Side, which partners with top-producing agents and teams who own their own brands. The Alexander team will also expand to the West Coast.

The Alexander Team was ranked by Douglas Elliman as the leading team by gross commission income and sales volume in both Florida and New York in 2021 with $1.8 billion in sales, accounting for 3.5% of the brokerages $51.2 billion in total sales volume. They were also ranked the #1 Team in the USA by Wall Street Journal in 2020, 2021 and 2022.

Side is a real estate brokerage founded in 2017 by Guy Gal to partner with leading real estate agents. The agents own 100% of their own brand and business and Side powers the back-end and acts as the broker. Side typically takes 10% of commissions and Side keeps the brand if the partners leave within the first two years of the partnership. Side expanded to Florida in 2019 and reached a $2.5 billion valuation in 2021. Side is backed by Tiger Global Management, ICONIQ Capital and Trinity Ventures.

Waterfront Coconut Grove Spec Mansion Sells For Record Breaking $65 Million

A waterfront spec mansion which is currently under construction at 3488 Saint Gaudens Road in Coconut Grove has sold for a record $65 million. The sale price includes the cost of completing the home and is the most expensive closed home sale ever in Miami-Dade County. The deed traded for $50 million, but the $65 million sale price includes the cost of completing the home.

The seller was Isaac Perez and the buyer is a Delaware LLC who financed the acquisition with a $20 million mortgage from Maxim Capital Group. Jorge Uribe of ONE Sotheby’s International Realty represented the seller and Oren Alexander of The Alexander Team at Douglas Elliman represented the buyer.

3488 Saint Gaudens Road was designed by Pacheco Martinez & Associates. The estate spans 4.3 acres which Perez acquired for roughly $24.2 million. He purchased the first three lots in the assemblage for $18 million in 2013 and later added a fourth parcel for $6.2 million in 2020.

Coconut Grove has been a hot neighborhood for ultra-luxury real estate deals. Jorge Mas sold his waterfront home known as Casa Bahia at 3085 Munroe Drive for $45.91 million and in June 2021 private equity investor Nathan Leight of Terrapin Partners sold 3500 and 3535 Curtis Lane for $48 million. Related Group’s founder Jorge Pérez recently listed his waterfront home for $33 million.

The record for most expensive home sale in Miami-Dade County was previously held by 3 Indian Creek Island Road which traded for $49.9 million in 2019.

Images via Pacheco-Martinez & Associates

PROFILE Exclusive Podcast Season 1 Episode 4 Featuring Oren Alexander of The Alexander Team

Season 1 Episode 4 of the PROFILE Exclusive Podcast by PROFILEmiami features Oren Alexander of The Alexander Team. Oren is the co-founder of The Alexander Team, an internationally recognized, record-breaking luxury real estate sales team with over $5 billion in total sales and $1.5 billion in sales to date in 2021. Oren runs The Alexander Team with his brother Tal, operating in Miami, New York, Hamptons and Aspen. Oren has broken the records for highest sale price for single-family home and condo in Miami, and facilitated the #1 sale in Miami for 2019. Oren also has a proven track record of representing world-renowned developers for their pre-construction condo sales including Alan Faena and Len Blavatnik with Faena House, and David Martin’s Terra Group at Eighty Seven Park. Oren is also co-founder of The Alexander Group, one of Miami’s leading ultra-luxury spec home developers, having developed homes with his father Shlomy Alexander in Miami’s Indian Creek and Bal Harbour neighborhoods including the record breaking 3 Indian Creek and 252 Bal Bay Drive.

The PROFILE Exclusive Podcast by PROFILEmiami, the leader in South Florida residential and commercial real estate news and content, profiles and gets intimate with the movers and shakers in the South Florida real estate industry. Throughout the series we will interview and get inside the minds of South Florida's top developers, investors, brokers, architects, designers, etc. The PROFILE Exclusive Podcast is hosted by Demetri Demascus Co-Founder of PROFILEmiami and Director of Business Development at private equity group Galium Capital as well as Katya Demina, Co-Founder of PROFILEmiami and Development Associate at development firm Royal Palm Companies.

The Alexander Team Oversees $19.9 Million Record Setting Sale Late Shoe Mogul Bob Campbell's Boca Raton Waterfront Estate

The late shoe mogul Bob Campbell’s Boca Raton waterfront estate has sold for a record setting $19.9 million with both sides of the transaction overseen by Oren Alexander of The Alexander Team at Douglas Elliman. The ultra-lavish mega-mansion closed for $17.9 million, but the total came to $19.9 million including the furniture. The sale breaks the record for highest priced single family home sold in Boca Raton.

Located at 819 Orchid Drive, the residence spans 13,000 SF of living space spread over 9 bedrooms and 14 bathrooms. The property made a mark when it first came to market representing a fresh departure from expected Boca Raton luxury. The spectacular contemporary residence on an oversized Intracoastal Waterway lot offers 343’ of water frontage and 270-degree views.

The estate incorporates extraordinary amenities such as four infinity pools, extensive private dockage, an upstairs bar, a green roof, atrium-like interiors, formal and catering kitchens, and a waterfall descending from the roof, this estate offers privacy and over-the-top luxury at a breathtaking scale. The interior features soaring walls of glass which open the living spaces to vast vistas, while each of the 9 bedrooms, including the dedicated primary suite wing, open directly to outdoor space.

Bob Campbell was chairman and chief executive officer of footwear giant BBC International, whose brands include Cole Haan, Polo Ralph Lauren, Tommy Hilfiger and Nine West. Campbell made history in the shoe industry multiple times during his career, he was the man behind the 2000s craze of the childrens shoe “Heelys” and in the 90s he brought lighted kids shoes to market taking the sneaker scene by storm, with ten million pairs sold in the first year alone.

Imagery via Douglas Elliman

Playboy Mansion Owner Daren Metropoulos Buys "Hurricane Proof" Oceanfront Estate In Miami Beach For $18 Million

A rare, “hurricane proof” Miami Beach oceanside estate with direct beach access has sold for $18 million to the owner of the Playboy Mansion, Daren Metropoulos. The home is located at 7815 Atlantic Way in Miami Beach’s Altos Del Mar beachfront community. Mark and Carolyn Keller were the sellers. Oren Alexander of The Alexander Team at Douglas Elliman had the listing, which last asked $19.25 million, and Miltiadis Kastanis and James Hait of Douglas Elliman represented the buyer.

Daren Metropoulos is the son of American billionaire investor Dean Metropoulos and is a principal at investment firm Metropoulos & Co. Metropoulos & Co. has invested in over 80 companies such as Pabst Blue Ribbon Beer, Hostess, Perrier Jouët Champagne, Ghirardelli Chocolates, Bumble Bee Tuna, Chef Boyardee, Duncan Hines and others. The seller, Mark R Keller, is Chairman & CEO of Edge Funds, and his wife Carolyn Keller, Founder of EBeauty Community that specializes in assisting women undergoing cancer treatments.

7815 Atlantic Way is located on 16,000 SF of well-appointed oceanfront land, the modern beach house spans 8,500 SF spread over 5 bedrooms, 6 bathrooms and 1 half bath. The home offers the ultimate entertainers escape right on the ocean complete with two full kitchens, breakfast bar, a theater and a main entertainment area equipped with a full bar and sliding glass walls that open up to the outdoors. To top it off the home offers 3 built in wine cellars, 3 fireplaces and all floors throughout house, pool area, terraces, and balconies are covered in sandblasted marble.

Outdoors features a pool, jacuzzi with waterfall, a built-in sunken cabana with seating for 20 people with a fire pit, a covered dining area and and an outdoor kitchen. The estate also features gated direct beach access via a grass veranda and a guest house.

Due to the direct ocean exposure, the home was built to endure whatever the South Florida elements can throw at it. The home is built like a bunker with concrete and steel reinforcement across the entire property, able to withstand 257 mile winds and rain. The glazing and doors are “hurricane proof” as well by Windoor 8100 series, the highest rated hurricane doors manufactured. The 7 AC units feed air handlers are strategically located throughout house and if a hurricane was to pass through the property comes with Gas Kohler Generator 50KW to power the entire house.

Images via LPG for Douglas Elliman

For more information about homes in Miami Beach, private showings or purchasing/ leasing information please fill out the form below:

Tour This $21 Million Miami Beach Estate Designed By Roman Architect Achille Salvagni

As Miami Beach’s residential real estate market continues to bring the heat, 810 Lakeview Drive has hit the market for $21,000,000. The stunning new construction estate was designed by world renowned Roman designer Achille Salvagni and is listed with Oren Alexander of Douglas Elliman.

Salvagni, who is known for his awarded designs and architecture, specializes in luxury residences, furniture and yacht interiors, conceived and designed this project for an international client who, given the current global climate, cannot travel here as frequently as intended and has decided to sell.

From the moment of arrival, the front façade complimenting the backyard’s appearance the estate is unlike anything South Florida has ever seen. The extraordinary home is situated on 111’ of Miami Beach’s Surprise Lake, with truly bespoke finishes by Salvagni throughout the entire property. The 7,951 square foot house offers five bedrooms, plus staff room, home gym, and steam room.

The lavish home features a grand entry gallery, double height living room with fireplace, formal dining room, enormous dine-in professional chef's kitchen with Wolf and Subzero appliances, sculptural bespoke designed cabinetry and 24-carat gold leaf detailing, a magnificent bronze staircase and two generously sized bedroom suites occupy the ground level, together with a patio with a spacious entrance, steam room, and garage. The home’s large windows and living spaces that open to the outdoors make the dialogue between outside and inside fluid.

The second floor master suite features a private deck, full bathroom and custom walk-in closets, and four more guest suites occupy this level. Each living space is detailed to the finest degree, from sensuous curvilinear interiors and walls to the use of extraordinary materials and processes, from handcrafted fixtures, millwork and floors, to extensive use of one-of-a-kind marble in bathrooms, heavy doors and cabinetry, and custom built closets and cabinetry throughout.

Outside features an infinity-surface, 90’ infinity pool at the water's edge, cabana, private boat dock, and patios and covered balconies occupy the stunningly manicured grounds.

810 Lakeview Dr. Miami Beach is listed for $21,000,000 with Oren Alexander of The Alexander Team with Douglas Elliman.

Images by Kris Tamburello for Douglas Elliman

For more information about 810 Lakeview Dr. Miami Beach, private showings or purchasing/ leasing information please fill out the form below:

Featured Listing: Kick-Back In The Duplex Penthouse Which Is The Venetian Islands Priciest Condo Listing

There's nothing like living right in the middle of Miami's beautiful Biscayne Bay on the coveted Venetian Islands with panoramic water views. Unit 2502 at 10 Venetian Way is the most expensive condo currently for sale on the Venetian Islands, asking $6.495 million. The combination duplex unit features 6 bedrooms and 6 bathrooms spread over 6,422 SF. The residence was designed by Carola Pimentel and offers direct bay views from essentially all of the living areas, a unique pneumatic elevator, glass staircase, open kitchen with high-gloss white cabinetry, marble countertops, marble and oak wood flooring, 3 terraces, 5 parking spots, and 2 master suites with morning kitchens. 10 Venetian Way is currently listed for $6.495 million with Isaac Lustgarten and Oren Alexander of The Alexander Team at Douglas Elliman. 

4555 Pine Tree Drive Sells for $22.575 Million

The Miami Beach spec home by developer Barry Brodsky of Brodson Construction, has sold for $22.575 million as per The Real Deal. The home was originally listed for $34 million by Eloy Carmentate and Mick Duchon of Douglas Elliman. Oren and Tal Alexander of The Alexander Team brought the buyer. The price reflects $1,672 SF, nearly $1,000 SF under the original ask of $2,518 SF. The home was built in 2015 and features 6 bedrooms, 7 full bathrooms and 2 half baths over 16,000 SF. It was designed by South African architecture firm SAOTA with the interior design by Nils Sanderson, who was formally with Herzog & de Meuron. The home will come delivered with Artefacto furniture to the buyer.  It also has a resort style pool with waterslide, Raymond Jungles landscaping throughout, half-basketball court and waterfront access with a private dock.

Tour 4555 Pine Tree Drive: http://profilemiamire.com/miamirealestate/2016/9/11/4555pinetreedrivemiamibeachmansion

Tour the Bal Harbour Mansion Listed for $36 Million

Designed by award-winning architect Chad Oppenheim and located in one of the most exclusive, private and secure communities in Miami Beach, 252 Bal Bay Dr. is a true contemporary masterpiece. It features 8 bedrooms and 9 bathrooms over 20,198 SF. It also blends indoor/ outdoor living featuring museum style interior design and artwork throughout, urban tropical courtyards, a large outdoor entertainment area featuring an infinity pool and private dock. Boat access is a major feature of this property as it is merely 300 yards from Baker's Haulover Inlet. The property was developed by Oren & Shlomy Alexander, who purchased the property in 2012 for $5.55 million. Listing and photos via The Alexander Team at Douglas Elliman Real Estate.