Sunset Islands Waterfront Home Trades For $11.5 Million In Off Market Deal

A waterfront home on Miami Beach’s Sunset Island III, located at 1775 West 24th St., has sold in an off market deal for $11.5 million, roughly $3,546 PSF. The buyer was represent by Mallory McGuire and Mirce Curkoski of The Waterfront Team at ONE Sotheby’s International Realty and the seller was represented by Jacqueline Groll and Albert Justo also of The Waterfront Team at ONE Sotheby’s International Realty. The existing 3,243 SF home sits on a 13,125 SF lot and will be demolished to make way for a new home.

The Sunset Islands, a set of four luxurious residential islands located just off of South Beach next to Sunset Harbour, have been a hotspot for luxury development and transactions. Recently Andian Development acquired 1415 North View Drive for $13.9 million with plans to renovate the home. In December Shlomy Alexander, Felix Cohen and Julian Cohen sold a spec home they developed at 1825 West 24th Street for a Sunset Island record $25 million, $3,811 PSF. Developer James Curnin sold a spec home at 1757 West 27th Street for $24.8 million to foamier Goldman Sachs exec Don Mullen and Kawa Capital Management co-founder Alexandre Saverin and his wife sold their home at 1617 West 22nd Street on Sunset Island IV for $13 million.

Chris Bosh's Former North Bay Road Estate Sells To Crypto Industry CEO Of MoonPay For $38 Million

Ivan Soto-Wright, the co-founder and CEO of crypto payment system MoonPay, has acquired Miami Heat icon Chris Bosh’s former Miami Beach estate on North Bay Road for $38 million. MoonPay is a London-based online payment system for cryptocurrencies which just recently MoonPay hit a $3.4 billion valuation following a new $555 million funding round led by Tiger Global Management and Coatue. Albert Justo and Mirce Curkoski with The Waterfront Team at One Sotheby’s International Realty were the listing agents and Dina Goldentayer of Douglas Elliman represented the buyer. No comment has been made about the method and terms of transaction.

Bosh sold the same home in January 2021 for $14.4 million to AquaBlue Group, led by Philippe Harari, who would renovate the home before relisting it for $42 million and selling to Soto-Wright for $38 million. The massive price increase reflects the strong demand for waterfront real estate in Miami.

Upon arrival into the lushly landscaped property, guests will be greeted by a living green wall and a garden courtyard area with water installations that highlight the home's perimeter. The gut-renovated home features seven bedrooms and eight bathrooms, with wood and stone finishes throughout. The double-height great room is surrounded in glass, highlighting the captivating views of the bay and garden. Each corner of the home is intentionally and perfectly positioned to flow seamlessly together with high-end finishes from custom millwork to Italian marble slabs.

The grand master suite offers large closets, oversized bathroom with tub and dual sinks, morning kitchen and of course, stunning views. The kitchen features a custom Italian expansive chef’s kitchen with a huge island. The outdoors offers a mosaic tile infinity pool, a detached outdoor kitchen and cabana bathroom plus a separate guest quarters. The fully automated smart home also features a commercial-grade elevator and more.

Celebrity neighbors include Cindy Crawford and Rande Gerber, Karlie Kloss and Joshua Kushner, with former star owners including Dwyane Wade and Gabrielle Union. The home is seeking an overall record, but still lower price per square foot ($3,500) when compared to other recent sales like the sale of Phil Collins and Jennifer Lopez’s former home at 5800 North Bay Road which sold for $39 million at about $4,000 per square foot.

Imagery via ONE Sotheby’s International Real Estate

Miami Heat Icon Chris Bosh's Former North Bay Road Estate Hits Market For $42 Million

Seeking a record price at $42 Million, the estate formerly owned by Miami Heat star Chris Bosh is the only move-in-ready residences available on the prestigious North Bay Road. Celebrity neighbors include Cindy Crawford and Rande Gerber, Karlie Kloss and Joshua Kushner, with former star owners including Dwyane Wade and Gabrielle Union. The home is seeking an overall record, but still lower price per square foot ($3,500) when compared to other recent sales like the sale of Phil Collins and Jennifer Lopez’s former home at 5800 North Bay Road which sold for $39 million at about $4,000 per square foot. Bosh sold the same property now seeking $42 million in January 2021 for $15.2 million, the massive price increase reflecting the strong demand for waterfront real estate in Miami.

Upon arrival into the lushly landscaped property, guests will be greeted by a living green wall and a garden courtyard area with water installations that highlight the home's perimeter. Developed by AquaBlue Group and conceptualized by Touzet Studio, the gut-renovated home features seven bedrooms and eight bathrooms, and a cozy modern atmosphere created with wood and stone perfectly placed throughout. The double-height great room is surrounded in glass, highlighting the captivating views of the bay and garden. Each corner of the home is intentionally and perfectly positioned to flow seamlessly together with high-end finishes from custom millwork to Italian marble slabs.

The grand master suite is as lavish as they come with large closets, oversized bathroom with tub and dual sinks, morning kitchen and of course, stunning views. The kitchen is a host and hostesses dream with a custom Italian expansive chef’s kitchen with a huge island.

The outdoor oasis features a mosaic tile infinity pool, a detached outdoor kitchen and cabana bathroom plus a separate guest quarters. The fully automated smart home also features a commercial-grade elevator and more.

6396 North Bay Road is listed for $42 million by Albert Justo & Mirce Curkoski with The Waterfront Team at ONE Sotheby’s International Realty.

Check Out This North Bay Road Miami Beach Mansion Complete With A Private Tennis Court

One of the largest non-waterfront properties in Miami Beach has hit the market with 4 combined lots, offering nearly 40,000 SF of space on the prestigious North Bay Road and asking $5.995 million. The home is a classic masterpiece offering 7 bedrooms and 5.5 baths spread over 6,309 SF. The classic design was meticulously restored and matched with stunning finishes throughout the interiors including exposed beam ceilings in the living room. Additionally the home features a large master suite, home office, tall cathedral ceilings, bar, and formal dining area. The gated compound is fully surrounded by lush landscaping for complete homeowner privacy and also features a large outdoor pool and private tennis court.

5185 North Bay Road is listed for just $5.995 million by Mirce Curkoski & Albert Justo with The Waterfront Team of ONE Sotheby’s International Realty.

Photo Credit: The Waterfront Team for ONE Sotheby’s International Realty

For more information about 5185 North Bay Road, Miami Beach, FL, private showings or purchasing/ leasing information please fill out the form below:

Explore This Classic Pine Tree Drive Miami Beach Estate On Indian Creek Asking $13.75 Million

You can now become DJ Khaled’s neighbor on Pine Tree Drive for $13.75 million. The classic estate located at 4745 Pine Tree Drive in Miami Beach has not shortage of celebrity neighbors including Floyd Mayweather & DJ Khaled, who just recently purchased a house a few doors down.

The sprawling mansion sits on an acre of land and features nearly 7,000 SF, spread over 12 bedrooms, 9.5 baths, 3 detached guest houses and a long driveway surrounded by royal palms, which create a dramatic entrance to the home. The interiors feature large rooms, formal dining, a library, gourmet chef’s kitchen & a grand salon. Outside the estate offers sweeping views of Miami Beach, a vast outside lounge area and 100’ feet of water frontage plus an infinity pool with fountains.

4745 Pine Tree Drive is currently listed for $13,750,000 million with Mirce Curkoski & Albert Justo of The Waterfront Team with ONE Sotheby’s International Realty.

Photos via The Waterfront Team of ONE Sotheby’s

For more information about 4745 Pine Tree Drive, private showings or purchasing/ leasing information please fill out the form below:

Check Out The Marina Blue Penthouse From The Blockbuster Film "War Dogs" Now Asking $4.49 Million

The penthouse featured in the film blockbuster film “War Dogs,” starring Jonah Hill and Miles Teller can be yours for $4.49 million. Perched atop Marina Blue, located at 888 Biscayne Boulevard in Downtown Miami’s Park West neighborhood, the penthouse spans 4,498 SF spread over 2-stories. The open floor plan offers 20’ floor-to-ceiling glass windows for unobstructed water and skyline views of Miami, Miami Beach, Key Biscayne and Biscayne Bay. The penthouse also features multiple living rooms and 4 completely upgraded bedrooms with 3 balconies. The master-bedroom features a floating mosaic jet and rain shower, a sound system throughout, and walk-in closets. The seller is Alain Berdouare, brother of Chicken Kitchen founder Christian Berdouare. 888 Biscayne Boulevard #5708 is currently listed for $4,490,000 listed by Mirce Curkoski and Albert Justo of The Waterfront Team with ONE Sotheby’s International Realty.

For more information about Marina Blue and 888 Biscayne Boulevard #5708, private showings or purchasing/ leasing information please fill out the form below:

Photo via Felipe Ariano for ONE Sotheby’s