The Perigon Reveals A First Look Into 'The 01 Collection' Sky Villas Starting At $19.9 Million
The Perigon has revealed ‘The 01 Collection’, a limited assemblage of extraordinary oceanfront residences at the ultra-luxury new condo seated on two acres of prime beachfront in Miami Beach. Designed by world-renowned architecture firm OMA alongside Tara Bernerd.
The Perigon has revealed ‘The 01 Collection’, a limited assemblage of extraordinary oceanfront residences at the ultra-luxury new condo seated on two acres of prime beachfront in Miami Beach. Designed by world-renowned architecture firm OMA alongside Tara Bernerd, the homes combine the privacy and sprawling square footage of a single-family home with sweeping 320-degree views of both the Atlantic Ocean and Miami Beach coastline. Reserved by developers Mast Capital and Starwood Capital for the final phase of The Perigon’s sales campaign, these homes are particularly rare given their entirely eastern-facing orientation in the Miami Beach market.
Each four-bedroom residence exceeds 6,000 square feet, with the largest offering over 7,500 square feet of combined interior and exterior space. These homes are among the most spacious in the building and epitomize oceanfront luxury. Pricing starts at $19.9 million and an additional residence is listed at $26.9 million with sales overseen by Douglas Elliman Development Marketing.
At the end of January 2025 The Perigon Miami Beach closed on $390 million in construction financing following its ground breaking in April 2024. The Perigon is slated for delivery in 2027 and the project is currently over 75% sold.
As the first Miami Beach residential project designed by internationally renowned architectural firm OMA, led by visionary architect Rem-Koolhaas, the diamond-shaped luxury condominium tower will feature 73 residences offering breathtaking beachfront views. Nestled along the tranquil stretch of sand between Indian Creek and the Atlantic Ocean, The Perigon is situated at 5333 Collins Avenue in Miami Beach’s prestigious Mid-Beach neighborhood. With expansive beachfront acreage, unparalleled exclusivity, and an emphasis on privacy, it presents a lifestyle experience that is both rare and highly coveted.
The ultra-luxury condominium offers approximately 40,000 square feet of thoughtfully designed indoor and outdoor amenities, curated to elevate every aspect of lifestyle. Highlights include a private oceanfront restaurant and private speakeasy conceptualized by Michelin-starred chef Shaun Hergatt, who will oversee the property’s exclusive food and beverage offerings. Additional amenities feature an oceanfront swimming pool with cabanas, a serene spa with sauna and treatment rooms, a private salon, a fully equipped fitness center with panoramic ocean views, a children’s playroom, a screening room, a wine room, guest suites, and a striking double-height lobby lounge. These spaces are brought to life by a dedicated lifestyle concierge and residential butler, ensuring an unparalleled level of service. Residents will also enjoy 24-hour security, valet, house car service, pool and beach service, in-residence dining and more, offering a seamless blend of luxury and convenience.
Renderings via The Boundary
For more information about The Perigon Miami Beach or to inquire about purchasing a unit please fill out the form below:
Ferrari-Inspired 'Casa Maranello' Sells For Full Asking Price $55 Million In Delray Beach's Stone Creek Ranch
Casa Maranello, inspired by the design of the Ferrari brand, has closed for its full asking price of $55 million with Senada Adzem of Douglas Elliman representing both sides of the deal. This deal marks a record for the Delray Beach area for the highest price paid for a single family home. Developed by Aldo Stark, the undisclosed buyer is a US based prominent family.
Casa Maranello, inspired by the design of the Ferrari brand, has closed for its full asking price of $55 million with Senada Adzem of Douglas Elliman representing both sides of the deal. This deal marks a record for the Delray Beach area for the highest price paid for a single family home. Developed by Aldo Stark, the undisclosed buyer is a US based prominent family. Casa Maranello is an extraordinary residential masterpiece and one of the most distinguished estates in the United States. This ultra-luxury Italian contemporary residence is situated in the exclusive Stone Creek Ranch of Delray Beach, Florida, and is a true paradise for Ferrari enthusiasts
Set within the prestigious Stone Creek Ranch, known as "Billionaire's Row," this estate spans 21,725 square feet and is set on a 2.5-acre lakefront sanctuary at 16171 Quiet Vista Circle in Delray Beach, Florida. The property showcases soaring ceilings and expansive panoramic views of the lake and grounds, all within a thoughtfully designed single-story layout.
The grand salon is a true showpiece, featuring soaring ceilings, bespoke crystal chandeliers, and stunning views of the resort-style pool. The adjacent Maranello Bar offers an unparalleled entertainment experience, as well as an elegant dining area highlighted by a striking 20-person Brazilian Onyx dining table, perfect for hosting lavish gatherings.
This estate includes 6 bedroom suites including two expansive primary suites, each with boutique style closets and spa-like en-suite bathrooms that provide a private sanctuary, balancing sophistication with tranquility. Additionally, four finely appointed guest suites ensure ultimate comfort and privacy for family and friends.
For the Ferrari aficionado, the estate’s 12-car gallery garage is a dream realized, showcasing automotive masterpieces with style and reflecting the Ferrari-inspired legacy that sets this home apart.
The residence boasts an array of amenities designed for both relaxation and recreation. Indoors, a Bvlgari hotel-inspired spa features an indoor pool, a Himalayan salt room, steam room, and sauna, creating a private retreat that rivals the world’s most exclusive resorts. Adjacent to the spa is a fully equipped gym for complete fitness convenience.
A state-of-the-art home theater with 12 plush seats delivers an unparalleled cinematic experience, while the dedicated recreation room, bar, and private salon make entertaining and personal care seamless luxuries.
At the heart of the home is the gourmet kitchen, equipped for culinary excellence and designed for the most discerning tastes. The property includes both a family kitchen and a separate chef’s kitchen with a private staff entrance.
Outdoor living at Casa Maranello is equally spectacular. The resort-style 95-foot pool and spa are complemented by a fully equipped cabana with a private bathroom, kitchen, and bar, perfect for hosting memorable alfresco events. For sports enthusiasts, Casa Maranello features a basketball/pickleball court, a private soccer field, and a putting green, offering endless opportunities for recreation.
Winding walking paths, serene water features, and meticulously maintained landscaping create a tranquil atmosphere, turning the property into a true oasis. The exterior exudes serenity, with Italian cypress trees, palms, and bougainvillea that impress by day and transform into a cinematic landscape by night, enhanced by strategic lighting and the soothing sounds of water fountains.
Inspired by the elegance and thrill of a Ferrari road trip through the breathtaking landscapes of Italy and Switzerland, this home embodies the excitement of navigating the iconic Goldfinger route. Every aspect of its design captures an atmosphere of adventure, exclusivity, and timeless luxury. Guided by the spirit of Enzo Ferrari's words, "If you can dream it, you can do it," this residence is a testament to visionary living and refined sophistication.
Meticulously curated by Aldo Stark of Prestige Design Homes, Casa Maranello came fully furnished with a sophisticated blend of modernity and timeless elegance, presenting a true showpiece of luxury design and execution. More than just a residence, Casa Maranello embodies the essence of exceptional living, where every detail celebrates a commitment to excellence and style. Inspired by European artistry and precision, this estate is a true collector's dream.
Images via Daniel Petroni
Barneys-Branded North Bay Road Estate Designed By Kobi Karp Sells For $40 Million In Off-Market Sale
A Barneys-branded waterfront residence designed by Kobi Karp on North Bay Road has sold for $40 Million in an off market deal. The seller and developer of the Barneys-branded estate is the Salter family which heads up brand-management company Authentic Brands Group, behind names like Reebok, Juicy Couture and David Beckham.
A Barneys-branded waterfront residence designed by Kobi Karp on North Bay Road has sold for $40 Million in an off market deal. The seller and developer of the Barneys-branded estate is the Salter family which heads up brand-management company Authentic Brands Group, behind names like Reebok, Juicy Couture and David Beckham. Cyril Matz of Douglas Elliman represented the seller. The buyer, per public record, is consumer goods multimillionaire Anand Khubani, founder and CEO of Ideavillage Products, who made South Florida real estate headlines last year for a $100 million purchase of a La Gorce Island assemblage. The buyer worked with Evan Weiss of 305 Degrees Realty.
The custom home is a stunning showcase of Authentic Luxury Group’s yet-to-be-revealed Barneys New York Home Collection that will launch later this year. With interiors by Slim Keskes, creative director of Barneys Home, the masterfully curated waterfront residence features architecture by Kobi Karp and is nestled on a 30,800 SF lot with 100 feet of water frontage.
“This property was built as a custom home, not a spec home, so the materials and finishes were done at the highest possible level. They did not cut any corners,” said Cyril Matz of Douglas Elliman, who represented the seller. “Inventory is extremely limited on North Bay Road and this was the only home available of this caliber that was brand new construction, turnkey and had never been lived in. North Bay Road is one of the most in-demand addresses in Miami Beach because of its location, large estate size properties, incredible waterfront views and the high-profile neighbors.”
Showcasing 14,520 SF of interiors, the home features 6 bedrooms plus 2 staff rooms, a home office, movie theatre, full wellness center equipped with spa, sauna, steam, cold plunge and hot bath, a wine room, game room and rooftop accessible by elevator. The expansive outdoor areas feature 2 pools, one facing the water and another one facing east on the second floor. The home was fully finished with the highest quality materials and design, and sold completely furnished and accessorized.
Images via Kobi Karp for exteriors / Slim Keskes for interiors
NBA Star Hassan Whiteside Lists His Waterfront Miami Beach Mansion For $19.5 Million
NBA star Hassan Whiteside has put his stunning Miami Beach mansion on the market for $19.5 million. Located in the prestigious Lakeview neighborhood, this modern estate is a true masterpiece.
NBA star Hassan Whiteside has put his stunning Miami Beach mansion on the market for $19.5 million. Located in the prestigious Lakeview neighborhood, this modern estate is a true masterpiece.
As you enter through the gates, you are greeted by a beautiful garden with a koi pond and a vast driveway. The interiors of the mansion are nothing short of spectacular, with soaring ceilings, a floating staircase, and waterfront lounges perfect for entertaining. The chef's kitchen is a highlight, featuring an impressive aquarium.
The primary suite is a luxurious retreat, boasting a grand dressing room, sleek bath, and a terrace with a hot tub and water views. The outdoor space is just as impressive, with a pool, summer kitchen, hosting bar, covered dining area, firepit, and a private dock. The statement spiral staircase adds a touch of architectural flair.
For entertainment, the mansion offers a top-of-the-line home cinema, a fitness area, a rooftop with dramatic views, and a spacious carport.
528 Lakeview Ct, Miami Beach is listed for $19.5 million with Dina Goldentayer of Douglas Elliman.
Images via Become Legendary/Dina Goldetayer
Golden Isles Estate With 420' of Waterfront Hits Market For $12.79 Million
A magnificent estate set on one of the most prestigious double point parcels in Golden Isles has hit the market for $12.79 million. With over 420 feet of direct water frontage and sweeping western bay views that capture the stunning Golden Beach skyline, the residence is a truly one-of-a-kind tropical oasis.
A magnificent estate set on one of the most prestigious double point parcels in Golden Isles has hit the market for $12.79 million. With over 420 feet of direct water frontage and sweeping western bay views that capture the stunning Golden Beach skyline, the residence is a truly one-of-a-kind tropical oasis. 101 Holiday Dr, Hallandale Beach is listed for $12.79M by Janet Ben Zvi with ONE Sotheby’s International Realty.
A true architectural masterpiece, this recently renovated seven bedroom, nine and a half bathroom residence exudes elegance and sophistication at every turn. Featuring soaring ceilings, intricate stucco detailing, and expansive light-filled interiors, the home is a showcase of luxury craftsmanship and design.
Step inside to discover a plethora of high-end finishes, from marble and wood floors to designer granite countertops. The opulent master suite is a sanctuary of comfort and style, featuring generous walk-in closets and a luxurious windowed bath that offers a serene retreat from the outside world.
Outside, the meticulously landscaped grounds beckon you to unwind and relax in a private oasis complete with a sparkling pool area and a separate guest house. Located just moments away from the renowned Shell Bay Club, this property offers the ultimate in convenience and exclusivity.
Images via iUSE Photography / ONE Sotheby’s International Realty
The Agency Expands Presence in Florida with Fort Lauderdale Office
Global luxury real estate brokerage, The Agency, continues its rapid expansion with the opening of its newest office in Fort Lauderdale. This latest addition marks the firm’s fifth location in Florida, joining established offices in Miami, Naples, Orlando, and Palm Beach.
Global luxury real estate brokerage, The Agency, continues its rapid expansion with the opening of its newest office in Fort Lauderdale. This latest addition marks the firm’s fifth location in Florida, joining established offices in Miami, Naples, Orlando, and Palm Beach.
Leading the Fort Lauderdale office is a team of distinguished Managing Partners: Mauricio Umansky, Founder and CEO of The Agency; Santiago Arana, ranked as the #6 top agent in the U.S. by RealTrends; and Howard Elfman, a seasoned real estate professional with over 25 years of experience in South Florida, who will also serve as Managing Broker. Among the office’s standout listings is 733 Middle River Drive, one of Fort Lauderdale’s most expensive properties, priced at $47.9 million and represented by Rick Teed.
Fort Lauderdale has emerged as a key market for luxury real estate, driven by its vibrant lifestyle and strong investment appeal. Mauricio Umansky emphasized The Agency’s dedication to the region, stating, “With some of the industry’s most influential leaders at the helm, our Fort Lauderdale office is poised for success as we continue to expand throughout South Florida. Fort Lauderdale has quickly become a prime destination for buyers, and The Agency’s unmatched global network and expertise are perfectly positioned to serve this dynamic market. With its vibrant lifestyle and strong investment potential, we’re excited to bring The Agency’s signature brand to this thriving region.”
The Fort Lauderdale launch is part of The Agency’s significant global expansion efforts. In 2024 alone, the brokerage opened 28 offices, bringing its total to over 130 locations across 12 countries. Recognized by The Financial Times as one of America’s Fastest Growing Companies, The Agency has also ranked on Inc. 5000’s list of fastest-growing private companies for seven consecutive years.
In addition to its global reach, The Agency has cemented its reputation as a leader in the luxury real estate space, earning accolades such as Inman’s Luxury Brokerage of the Year and a top 20 spot on the 2024 RealTrends 500 list.
The new Fort Lauderdale office, located at 901 E Las Olas Blvd #204, positions The Agency as a vital player in the region’s luxury market. Howard Elfman expressed his excitement, stating, “Fort Lauderdale is experiencing incredible growth, and I am personally honored to expand our office with passionate, like-minded agents who share our commitment to collaboration.”
Event November 6 | PROFILEconnect: Spec Homes & Ultra Luxury Real Estate at Lafayette Miami
On November 6, PROFILEmiami, South Florida's leading real estate media powerhouse, will host an exclusive deep dive into the lavish world of ‘Spec Homes & Ultra-Luxury Real Estate’ at the vibrant and sophisticated Lafayette Steakhouse in Brickell.
On November 6, PROFILEmiami, South Florida's leading real estate media powerhouse, will host an exclusive deep dive into the lavish world of ‘Spec Homes & Ultra-Luxury Real Estate’ at the vibrant and sophisticated Lafayette Steakhouse in Brickell. The brainchild of Mr. Hospitality and CEO/Founder Mathieu Massa, Lafayette Steakhouse seamlessly blends the nostalgic allure of a classic American steakhouse with the refined atmosphere of a London speakeasy.
The event will begin with an insightful, in-depth panel discussion and lavish Bespoke Networking cocktail party with cocktails powered by E11EVEN Vodka. For those seeking to extend the experience can elect for a sit-down networking dinner which will showcase Lafayette’s renowned culinary expertise alongside the leaders of the Miami real estate industry (additional charge; see details below).
PROFILEmiami’s ‘Spec Homes & Ultra-Luxury Real Estate’ exploration, brings the spotlight to Miami and South Florida’s hot ultra-luxury single-family home sector where pricing has seen sharp increases as buyers have clambered to lock in their waterfront property amongst ever dwindling inventory. The panel will feature one of the leading spec home architects Ralph Choeff of Choeff Levy Fischman, powerbrokers Nelson Gonzalez and Dora Puig, top spec home developer Pascal Nicolai of Sabal Development, interior designer Thomas Diverio from Dunagan & Diverio Design Group, moderated by spec home developer Mathieu Massa from Massa Construction Group.
PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting. The evening is set to be attended by South Florida’s most active spec home developers, architects, brokers, investors, interior designers and financiers. Guests will have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders.
The evening will begin with Bespoke Networking with a premium open bar powered by E11EVEN Vodka and gourmet bites courtesy of Lafayette Steakhouse during the Panel & Cocktails portion of the event. Guests wishing to enhance their experience can partake in an elective three-course sit-down networking dinner, promising a truly indulgent culinary journey alongside the leaders of the Miami real estate industry. The exclusive chef-curated menu boasts a selection of decadent choices: appetizers include Prime Beef Filet Carpaccio, Fried Jumbo Shrimp, or Smoked Kurobuta Pork Belly BBQ; mains include a 6-oz Filet Mignon, Lafayette Cheeseburger, or Pan-Seared Striped Bass; and dessert options feature Half-Baked Cookie, America French Toast, or Dulcey Chocolate Popcorn Sensation. This exquisite dinner offers a perfect close to a night of elite networking and culinary delight.
Date: November 6, 2024
Time:
Panel & Cocktails: 5 - 7 PM (Panel starts at 6 PM)
Sit-Down Networking Dinner: 7 PM (Optional Additional Charge)
Location: Lafayette Steakhouse, 1111 SW 1st Ave., Miami, FL 33130
Tickets:
$150 Panel + Cocktails (Limited to 150 Tickets)
$275 Networking Dinner + Panel + Cocktails (Limited to 50 Tickets) - A La Carte menu and private reservations available by request.
*Exclusive 3-Course Networking Dinner Menu ($275)
Your choice of (per course):
Appetizers 🍤
- Prime Beef Filet Carpaccio
- Fried Jumbo Shrimp
- Smoked Kurobuta Pork Belly BBQ
Entree 🥩🎣
- 6-oz Filet Mignon
- Lafayette Cheeseburger
- Pan-Seared Striped Bass
Dessert 🍪
- Half-Baked Cookie
- America French Toast
- Dulcey Chocolate Popcorn Sensation
Sponsors:
Sponsorship Information
Surf Row Residences Launches Sales in Surfside
In the heart of Surfside, one of Miami's most coveted coastal communities, Surf Row Residences is introducing a new standard of upscale living. Developed by LD&D, a Miami-based real estate investment, development, and design firm, in collaboration with ONE Capital and IGEQ, this exclusive collection of 25 custom condominiums blends luxury and tranquility just a block from the beach.
In the heart of Surfside, one of Miami's most coveted coastal communities, Surf Row Residences is introducing a new standard of upscale living. Developed by LD&D, a Miami-based real estate investment, development, and design firm, in collaboration with ONE Capital and IGEQ, this exclusive collection of 25 custom condominiums blends luxury and tranquility just a block from the beach.
Located at 8800 Collins Avenue, Surf Row Residences offers newly reimagined living spaces designed to meet the evolving needs of today’s buyers. With prices starting at $1.4 million, these residences are represented by ONE Sotheby’s International Realty and are already garnering significant attention for their unique offerings and unbeatable location.
“Surfside continues to demonstrate its appeal as one of Miami’s most desirable markets, and we’re thrilled with the early interest in Surf Row even ahead of our official launch,” said Daniel de la Vega, president of ONE Sotheby’s International Realty. “This development captures the synergy between thoughtful design and the relaxed elegance of the neighborhood, meeting high demand for premium coastal living.”
Available in one- to three-bedroom floorplans, Surf Row Residences range from 894 to 2,004 square feet and exemplify refined living. The interiors feature spa-like bathrooms with raised wet areas, free-standing bathtubs, rainfall showers, and custom vanities. Kitchens are equipped with Miele appliances, Dekton countertops, and built-in wine fridges, blending functionality with style. Buyers can select from two custom design packages, each inspired by the natural textures and tones of the beach, offering large-format porcelain tiles in coral-stone or sun-bleached wood finishes.
Select residences include private rooftops, offering upgrade options like plunge pools and summer kitchens ideal for al fresco entertaining. To personalize their space further, buyers can utilize InteriorSelect, LD&D’s innovative design configurator.
Surf Row Residences provides a wealth of amenities that cater to relaxation, fitness, and convenience. From a Zen-inspired spa with a steam room, sauna, and hammam, to a fully equipped fitness center and sunlit pool deck, the property encourages a balanced lifestyle. Residents also benefit from coworking spaces and beach-ready amenities, alongside elevated hospitality services including a beach butler, 24-hour concierge, and optional housekeeping. For those with an active lifestyle, the nearby Surfside Tennis Center offers private and group lessons.
Designed by Alfonso Jurado Architecture and Boris Pena Architects, Surf Row Residences marries modernity with nature. The architecture draws inspiration from Surfside’s coastal landscape and Miami’s cultural heritage, featuring expansive layouts, layered glass facades, and generous balconies that invite natural light and ocean breezes. Fluid lines echoing waves, wings, and sand dunes bring an organic aesthetic to the residences, creating a serene ambiance.
“Our vision for Surf Row Residences was to capture the essence of coastal living, combining the area’s charm with a timeless yet contemporary design,” said Alejandro Bonet, managing partner of LD&D. “We’ve built a community that isn’t just about luxury but about creating a sense of place – one that embodies quiet distinction and prestige.”
Surfside is known for its unique blend of small-town charm and urban sophistication. North of Miami Beach, the area offers a slower pace of life with access to premier shopping, dining, and entertainment, including Bal Harbour Shops and Haulover Beach Park. Combining historic Art Deco charm with modern architecture, Surfside creates a captivating coastal lifestyle for residents who value both culture and tranquility.
With its thoughtful design, exceptional amenities, and prime location, Surf Row Residences is poised to redefine luxury coastal living in Miami. For those seeking a seamless blend of sophistication and serenity, this new development is set to become an iconic address in Surfside.
Check Out This Waterfront Compound in Miami Beach Which Sold For A Record Breaking $22.954 Million
Miami Beach’s Biscayne Point neighborhood has just witnessed a record-breaking sale, with a compound at 1470 Daytonia Road fetching a staggering $22.954 million. This sale has set a new benchmark for the area, doubling the previous record for the island.
Miami Beach’s Biscayne Point neighborhood has just witnessed a record-breaking sale, with a compound at 1470 Daytonia Road fetching a staggering $22.954 million. This sale has set a new benchmark for the area, doubling the previous record for the island.
Spanning across three combined lots totaling 33,750 square feet along the bay, this expansive estate offers the ultimate waterfront lifestyle. Boasting over 14,000 square feet of livable space, the property features six bedrooms, two dens, eight and a half bathrooms, a media/movie room, and a wine room capable of holding 250+ bottles.
Designed by Sardinas Architects, the home features double height windows that flood the interiors with natural light, while the interiors by B Pila Design Studio showcase intricate details such as terrazzo floors with custom mosaic. The gourmet kitchen is equipped with top-of-the-line Miele appliances, an industrial fridge and freezer, and a subzero fridge.
The outdoor area is equally impressive, with 225 linear feet of water frontage, a covered terrace, dual spiral staircases, a summer kitchen with a BBQ, a pool, and two docks that can accommodate up to a 160-foot yacht. Additionally, the estate includes two garages and a driveway that can hold up to 30 cars.
The seller was represented by Gaby Chariff and Carlo Dipasquale with Compass, while the buyer was represented by Dina Goldentayer with Douglas Elliman. Both parties declined to comment on the sale. This sale underscores the high demand from high net worth individuals for combined properties and large estates in the Miami Beach area.
Images via Legendary Productions
Pair of Neighboring Estates On Miami Beach's Iconic North Bay Road Close For $30 Million
A pair of adjacent estates on Miami Beach’s North Bay Road, internationally known as “Millionaire’s Row,” have traded for $30 million. The North Bay Road properties, purchased by billionaire Richard Saghian, are directly across the street from one another.
A pair of adjacent estates on Miami Beach’s North Bay Road, internationally known as “Millionaire’s Row,” have traded for $30 million. The North Bay Road properties, purchased by billionaire Richard Saghian, are directly across the street from one another and include a contemporary waterfront mansion and a lush Mediterranean villa.
5718 North Bay Road, which has 75 feet of frontage on Biscayne Bay, and 5725 North Bay Road, which is directly across the street, inland, sold to billionaire Richard Saghian, best known as the founder and CEO of fast-fashion company Fashion Nova. Saghian, who has an impressive collection of trophy homes, will continue to live full-time in Los Angeles, but plans to enjoy both Miami Beach residences as a vacation retreat. Saghian worked with Maurice Boschetti of Boschetti Realty Group, LLC.
The seller, Ami Shashoua, who owned both properties, worked with Berkshire Hathaway HomeServices (BHHS) EWM Realty’s Nelson Gonzalez. Shashoua’s successful career has involved work with financial institutions and tech companies, as well as real estate development and sales.
“Our tropical, tax-friendly market and rapidly growing economy continue to be a hotbed of activity…with these spacious, waterfront enclaves, in particular, being repeatedly singled-out by the globe’s one percent,” Gonzalez continued. “This buyer originally looked at this home 10 months ago, but we stayed on top of him. It took him a little while to recognize the opportunity he had to acquire one of the very few available modern mansions in this exclusive enclave.”
“Richard (Saghian) wanted a prime location and the best view of the skyline and open water – which can be a difficult feat,” said Boschetti. “He knew that the chance to own two luxury homes on coveted North Bay Road, taking full advantage of the ultimate Miami Beach lifestyle and views, was an opportunity that couldn’t be overlooked.”
From its tranquil, private setting along Biscayne Bay, the North Bay Road enclave has historically been one of South Florida’s most sought-after. Just this week, David and Victoria Beckham closed on a $72.25 million sale within the community at 4736 North Bay Road. Other high-profile neighbors, past and present, have included Cindy Crawford and Rande Gerber, Karlie Kloss and Joshua Kushner, and business owners Wayne Boich, Josh Harris, and Marcello Claure.
Each residence in today’s transaction has been a standout in its own right, but together, they have formed the quintessential Miami Beach haven.
Built in 2022, 5718 North Bay Road is marked by a magnificent, 15,536-square-foot lot with 75 feet of premier waterfrontage. Inside, seven bedrooms, eight baths, and two half-baths are spread throughout 7,767 square feet of lavish living space, while walls of glass complement the home’s open, sunlit floorplan. In addition to a wet bar, state-of-the-art theater, an elevator, a gourmet kitchen, wine cellar, interior fishpond with stingrays, gym, and rooftop terrace, the home has a cabana with a summer kitchen, saltwater pool with a spa, and an outstanding, oversized dock. Adding to its unmistakable draw, the dwelling is defined by unobstructed, postcard-worthy views of Biscayne Bay and dazzling sunsets over Miami’s skyline.
Across the street, 5725 North Bay Road is a recently remodeled Mediterranean-style villa with four bedrooms and four-and-a-half baths – punctuated by 3,167 square feet of airy living space. The home’s 8,550-square-foot lot, enveloped in verdant landscaping, is anchored by a sparkling pool and outdoor spaces for breezy alfresco dining and gatherings.
“It’s a combined total of 11 bedrooms, 15 baths, 11,012 square feet of living space, 24,086 square feet of land, and 75 feet of waterfrontage,” Gonzalez concluded. “The uniqueness of this offering cannot be overstated.”
Images via Luxhunters Productions
Bal Harbour Shops has unveiled its fully leased, 200,000-square-foot West Shops expansion, with 30 luxury boutiques and flagship stores and openings continuing through 2028.