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

Todd Michael Glaser Sells Off-Market Commercial Building in Palm Beach For $3.9 Million

Palm Beach-based spec home developer Todd Michael Glaser has sold a commercial building in Palm Beach for $3.9 million. Located at 175 Bradley Pl., just four blocks north of The Royal Poinciana Plaza on Palm Beach Island, the 2,145 SF building was acquired by plastic surgeon Dr. Norman & Mia Rowe and traded for $1,181 PSF. The building was previously used as the headquarters for Todd Michael Glaser’s development firm. Stefano Santoro of Disruptive Real Estate represented the buyer and Fran Frisbie of The Corcoran Group represented the seller. The transaction represents one of eight retail trades on Palm Beach in the first four months of 2024; and of that eight, three were bought by the Breakers.

Todd Michael Glaser's 10 Tarpon Island, Palm Beach's Only Private Island, Goes Under Contract

Palm Beach’s infamous 10 Tarpon Isle, the only opportunity to live on your own private island in Palm Beach, has gone under contract. The home was listed for $187.5 million after initially listing for $218 million following its completion last year. The once in a lifetime legacy estate was developed by one of South Florida’s leading ultra-luxury spec home developers Todd Michael Glaser with his partners and features 360 degrees of water views and privacy. 10 Tarpon Isle was listed with Suzanne Frisbie of The Corcoran Group and Chris Leavitt of Douglas Elliman while the buyer is represented by Margit Brandt of Premeir Estate Properties.

The original 1930’s estate was completely redeveloped and now spans 28,618 total square feet of living space situated on the 2.2+ acre private island. 10 Tarpon Isle features 11 bedrooms and, 15 full bathrooms bathrooms and 7 powder rooms with a 5 car garage and guest house.

10 Tarpon Isle features the ultimate in luxury including a newly reimagined indoor spa features a massage room, hair salon, steam room, and sauna. There is also a beautiful library with a bar, wine refrigerator and humidor cigar display; a wine room; and an Entertainment Room with fireplace, wine refrigerator, billiards table, and movie lounge. The home fitness club quality gym features a weight room, cardio room, wet bar and fireplace.

Outdoors the estate’s extensive ground feature lush landscaping and resort style amenities with 360 degree water views. 10 Tarpon Isle features rare lighted clay tennis court with a viewing pavilion, an east facing pool, a loggia with full outdoor kitchen and fireplace as well the main 98' south facing pool with spa with pool bar and cold plunge. The island also features two separate boat docks to accommodate an array of vessels and sea toys.

Images via Todd Michael Glaser, Chris Angle Real Estate and Douglas Elliman

Todd Michael Glaser Sells One-Of-A-Kind Worth Avenue Penthouse Atop Tiffany & Co. Building In Palm Beach For $18 Million

Todd Michael Glaser and partners have sold an exclusive two-story penthouse residence sitting atop the iconic Tiffany & Co. building on Palm Beach Island’s Worth Avenue for $18 million. Located at 415 Hibiscus Ave., Palm Beach, FL 33480, the total 13,000-square-foot residence is the largest condominium on Palm Beach Island. Situated at the corner of prestigious Worth Avenue and Hibiscus Avenue, it is the only penthouse in the world atop a Tiffany & Co. building. The private residence building is also a blank canvas, ideal for the luxury buyer who would like to customize every detail.

Jill Eber and Jill Hertzberg of The Jills Zeder Group, affiliated with Coldwell Banker Realty; and Chris Leavitt of Douglas Elliman Realty, LLC, represented the seller, Todd Michael Glaser and partners. Christian Angle Real Estate represented the buyer in this transaction.

Constructed in 2021, the residence is a shell with all plumbing, electrical and HVAC units in the space and is decorator and architect ready to be built out.

The penthouse was developed in 2021 by a JV between Fortress Investment Group, Hyde Retail Partners and Kean Development before selling to Glaser and his partners for $15.5 million in June 2022. The joint venture initially acquired The Tiffany & Co. building was purchased in late 2018 for $20 million before selling the commercial component for $26.4 million in January 2021 to the London-based real estate investment firm Motcomb Estates.

An extraordinary aspect of the residence is the new, private rooftop deck ― the only rooftop of its kind in Palm Beach with a panoramic view of Worth Avenue. Its distinctive exterior spa boasts an infinity edge swimming pool, sunbathing areas, putting green, outdoor bar, dining area and fire pit. The interior rooftop area beckons with a spacious lounge and full bar, billiard area, full bathroom, and gym.

Offering enormous windows and doors maximizing Worth Avenue views and natural light, the residence includes a beautiful principal suite, housekeeper’s room, three fireplaces, state-of-the-art technology, an elevator and much more, within 9,876 square feet of interior space. It may be built out to have five to six bedrooms, seven bathrooms, and one half-bathroom.

The exclusive condo is within walking distance of world-class shops, restaurants, and all the best that Palm Beach has to offer.

PROFILE Exclusive: Step Onto Todd Michael Glaser's 10 Tarpon Island, Palm Beach's Only Private Island Asking $218 Million

Palm Beach’s infamous 10 Tarpon Isle, the only opportunity to live on your own private island in Palm Beach, has been completed and is on the market for $218 million. The once in a lifetime legacy estate was developed by South Florida’s leading ultra-luxury spec home developer Todd Michael Glaser and is listed with Christian Angle of Christian Angle Real Estate and Chris Leavitt of Douglas Elliman. The one-of-a-kind Private Island with 360 degrees of water views and privacy.

The original 1930’s estate was completely redeveloped and now spans 28,618 total square feet of living space situated on the 2.2+ acre private island. 10 Tarpon Isle features 11 bedrooms and, 15 full bathrooms bathrooms and 7 powder rooms with a 5 car garage and guest house.

10 Tarpon Isle features the ultimate in luxury including a newly reimagined indoor spa features a massage room, hair salon, steam room, and sauna. There is also a beautiful library with a bar, wine refrigerator and humidor cigar display; a wine room; and an Entertainment Room with fireplace, wine refrigerator, billiards table, and movie lounge. The home fitness club quality gym features a weight room, cardio room, wet bar and fireplace.

Outdoors the estate’s extensive ground feature lush landscaping and resort style amenities with 360 degree water views. 10 Tarpon Isle features rare lighted clay tennis court with a viewing pavilion, an east facing pool, a loggia with full outdoor kitchen and fireplace as well the main 98' south facing pool with spa with pool bar and cold plunge. The island also features two separate boat docks to accommodate an array of vessels and sea toys.

Images via Todd Michael Glaser, Chris Angle Real Estate and Douglas Elliman

Bahamian Casino Mogul Sells DOMO-Designed Venetian Islands Mansion Developed by Todd Michael Glaser For $28 Million

A Bahamian casino mogul has sold his home at 830 W Dilido on the Venetian Islands which was originally developed by Todd Michael Glaser for $28.212 Million. Per public record, the seller is Diamond Seafront Group LLC, managed by Sebastian Bastian, CEO of Bahamian casino company Island Luck. The buyer purchased under a trust and is unknown. Chad Carroll, Eli Faitelson and Korina Evaniuk with The Carroll Group represented the seller’s in the off-market deal, while Jaime Blatt with Inside Network brought the buyer.

Developed by Todd Michael Glaser, the 3-story new construction home completed in 2021 by renowned DOMO Architecture & Design features 5 beds with 5 baths and 2 half baths on a 13,408 square-foot property overlooking the water. Features of the 12,351 square-foot estate include floor-to-ceiling glass sliding doors, a custom marble bar, movie theatre, fire pit, summer kitchen, 10-foot infinity-edge pool, and unobstructed views overlooking the Miami skyline.

Images Daniel Petroni

Step Inside The DOMO-Designed Casa Eterna On Venetian Islands Which Just Sold For $26.25 Million

Casa Eterna, a tropical modern waterfront located at 45 E Di Lido on Miami’s Venetian Islands, has sold for a record $26.250 million, $4,900 PSF. The seller was represented by Dina Goldentayer with Douglas Elliman. The home was originally built by developer Todd Michael Glaser and was designed by DOMO Architecture + Design.

Casa Eterna has 60 feet of water frontage and sits on a 10,500 SF lot. The home spans 5,353 SF of interior space offering 5 bedrooms and 5 bathrooms. Casa Eterna features the finest finishes including French oak floors, elevator, Portuguese limestone entryway and insulated Butt glazed glass reducing UV transmission & heat. Floor-to-ceiling glass offers abundant natural light and captivating eastern panoramic wide bay views. Outside offers a roof deck with a putting green as well as an infinity pool, hot tub, outdoor kitchen and a private concrete dock with a double jet ski lift.

Images via Mike Ruiz with LPG

Todd Michael Glaser And Partners Buy Palm Beach Penthouse Atop Tiffany & Co. On Worth Avenue For $15.5 Million

Spec home developer Todd Michael Glaser and his partners have closed on the penthouse on top of the Worth Avenue Tiffany & Co. building in Palm Beach for $15.5 million. The residence was delivered as an unfinished shell and the investors plan to complete the residence and list it at potentially $40 million. The penthouse occupies the buildings second floor and rooftop and spans 13,000+/- SF. The sellers were a JV between Fortress Investment Group, Hyde Retail Partners and Kean Development.

The original design called to offer five bedrooms, seven and a half baths, master suite, maid's quarters, three fireplaces, state of the art technology, elevator and a private rooftop overlooking panoramic views of Worth Ave. The rooftop’s distinctive exterior spa will boast an infinity edge swimming pool, sunbathing areas, putting green, outdoor bar, dining area and fire pit for the ultimate outdoor entertaining space.

The Tiffany & Co. building is located at 259 Worth Avenue and was purchased in late 2018 by the Fortress Investment Group, Hyde Retail Partners and Kean Development Joint Venture for $20 million before selling for $26.4 million in January 2021 to the London-based real estate investment firm Motcomb Estates.

Check Out This $59 Million Kobi Karp-Designed Indian Creek Island Billionaire Bunker Built by Todd Michael Glaser Which Can Be Purchased In Crypto

A $59 million waterfront compound on the star-studded Indian Creek is now accepting Bitcoin as a form of payment. The tropical modern playhouse being developed by Todd Michael Glaser and features architecture and interiors by Kobi Karp. The new construction spec mansion spans nearly 16,000-sq.ft. with 12 bedrooms and 13.5 bathrooms on a 53,696-sq.ft. lot (1.25 acres).

The main level will feature 12’ ceilings, a club room, chef and prep kitchens, a media room and a gym studio. The backyard offers tropical modern vibes with lush landscaping, 134’ of water frontage with dockage for a yacht up to 110’ yacht, a large sun deck, and an infinity pool and tanning beds perfectly placed for soaking in the sun.

Indian Creek is home to a rolodex of high profile neighbors including Tom Brady & Gisele Bündchen, Ivanka & Jared Trump, Enrique Iglesias, and more. Known as “Billionaire’s Bunker” - the 300-acre island consists of less than 40 homes and is secured by its own police force and anchored by the Indian Creek Golf Course.

37 Indian Creek Island Road is listed for $59 million by Dina Goldentayer with Douglas Elliman and will be move-in ready within 18 months.

Glaser and his partners acquired the property in the summer of 2021 for $24 million from “Sábado Gigante” host Mario Luis Kreutzberger Blumenfeld, also known as “Don Francisco,” in an off-market deal overseen by Dina Goldentayer. The existing house on the property was built in 1987 and was quickly demolished to make way for the new modern home.

Cryptocurrency closed sales and listings have been becoming more common place in Miami over the past several years. In 2021 a unit in Arte in Surfside sold for $22.5 million in crypto. The sale was followed by several in Downtown Miami including a $7.2 million sale at the nearby One Thousand Museum and Unit 5306 in Marquis Residences sold for $7.2 million in Ethereum. Recently the $34 penthouse at Regalia Residences announced that they would be taking cryptocurrency as a form of payment as well in partnership with RealOpen.

Images and renderings via Todd Michael Glaser, Dina Goldentayer and Kobi Karp