Miami Heat Star Victor Oladipo Lists Hibiscus Island Contemporary For $10 Million Amidst NBA Finals

Amidst being locked in a battle for the NBA Finals, Miami Heat all-star player Victor Oladipo has listed his Hibiscus Island home in Miami Beach home for nearly $10 million. The home is situated on an expansive corner lot within the prestigious guard-gated Hibiscus Island in Miami Beach. Unlike typical lots on the island, this property encompasses one and a half lots, offering a larger land size and an impressively spacious home. With 14,375-square feet of land and 6,491-square feet under air, the meticulously designed home was built in 2020 offering 7 bedrooms and 7 bathrooms, including a guest house.

The open floor plan contains soaring ceilings and panoramic doors that seamlessly connect the interior with the exterior. The gourmet kitchen is equipped with top-of-the-line Thermador and Wolf appliances, complemented by custom cabinetry. The primary suite offers a tranquil retreat, complete with a spa-like ensuite bathroom and two spacious walk-in closets. Additional ensuite bedrooms provide both comfort and privacy for residents and guests.

The outdoor living area is thoughtfully designed for ultimate relaxation and entertainment. Find a large sparkling pool and plenty of outdoor seating arrangements and space for lounging or dining al fresco.

Hibiscus Island offers residents a range of amenities, including a waterfront park, tennis and basketball courts, playgrounds, and a 24-hour police officer stationed at the main entrance. The Hibiscus Drive home is listed for $9.995 Million by Liz Hogan with Compass.

Images via Liz Hogan of Compass

Related Group's Casa Bella Residences by B&B Italia Sets Record Price Per Square Foot With $12.6 Million Penthouse Contract

Miami-based real estate developer Related Group and partner Alta Developers have signed a contract for a 54th-floor, 5,893-square-foot triplex penthouse at Casa Bella Residences by B&B Italia for $12.6 million, or $2,138 per square foot, signifying what will be the most expensive condominium sale on a price-per-square-foot basis in Downtown Miami’s highly desirable Arts and Cultural District. Casa Bella Residences by B&B Italia has achieved nearly $50 million in signed contracts over the past 60 days. Fortune International Realty is the building’s exclusive sales and marketing agent with a sales team led by Olga Monson. Maribele Faura of Coldwell Banker represented the buyer in the penthouse sale. Demolition of the Casa Bella site is underway with the groundbreaking anticipated for Summer 2023.

“Related takes pride in creating exceptional residential properties that stand out from the rest. Casa Bella exemplifies this philosophy with two defining features: an unbeatable location in the heart of Miami’s city center, and an elegant Italian-inspired design envisioned by B&B Italia’s very own Piero Lissoni,” says Nick Pérez, President of Related’s Condominium Division. “The recent surge in sales activity is a testament to the major appeal this project has among buyers who recognize its inherent design quality, as well as the remarkable benefits associated with the burgeoning growth of Downtown Miami’s urban core.”

Casa Bella represents the first residential partnership for the famed Italian design house, B&B Italia, known around the world for its high-end collaborations with legacy brands such as Rolex, Hermès and Rolls-Royce. With architecture by Arquitectonica and interiors by renowned designer Piero Lissoni — who also serves as creative director for B&B Italia — and the B&B Italia team, every aspect of the building is envisioned as an oasis, offering a refined Miami aesthetic rooted in contemporary Italian design.

The 56-story tower offers 317 residences ranging from one to four bedrooms, all of which feature soaring ceilings, sweeping views, private elevator access, state-of-the-art kitchens with Sub-Zero and Wolf appliances and an exquisite selection of European-fixtures. Casa Bella’s Penthouse Collection comprises 10 exquisitely-designed homes with seven distinct floor plans, the crown jewel of which is a pair of 54th-floor triplex residences with private rooftop terraces, each featuring spa pools and indoor/outdoor summer kitchens with stunning water views. Of these two penthouses, the remaining triplex is available for $12.3 million. The 54th-floor is also home to two outstanding duplex penthouses, spanning 4,100 and 4,560 square feet and priced between $8 million and $10 million.

To further elevate the residential experience, Casa Bella offers two full floors of amenities, complete with spaces overlooking Biscayne Bay. These spaces range from a spacious party room to a wine vault and tasting lounge, as well as a top-of-the-line private theater and co-working spaces. A world-class Wellness Center caters to fitness-minded residents, featuring professional-level equipment, as well as dedicated yoga and spin rooms, while the spa facilities offer an array of on-demand services including massages, facials, blowouts and manicure/pedicures.

Outdoors, landscape architect Enzo Enea envisioned a pool deck with lush Italian-inspired gardens to create an oasis within Downtown Miami. The 80-foot lap pool is surrounded by private cabanas and shaded lounge areas, as well as an open-air lawn for yoga and meditation. A poolside bar and Mediterranean café will have light bites and refreshments on offer. On the 56th floor, residents can access the tower’s rooftop pool and terrace, which is complete with a state-of-the-art observatory.

A personal concierge is available to assist residents on or offsite. Services include housekeeping, grocery shopping and delivery, dry cleaning and laundry, nanny and childcare, overnight shoe-shining, pet care services and personal tech support. For added ease, residents will have the opportunity to work directly with B&B Italia’s celebrated designers to outfit their units. B&B Italia will offer move-in-ready packages with furnishings and décor for each floor plan type. There is also the opportunity for buyers and designers to personalize their units using pieces from B&B Italia collections.

Located at 1400 Biscayne, Casa Bella offers a prime location in the Arts and Cultural District, which is coming into its own as the heart of Miami’s “New Downtown.” The property offers buyers ease of access to nearby hotspots such as the Pérez Art Museum Miami, Frost Museum of Science, the Adrienne Arsht Center for the Performing Arts and Keseya Center.

Images via Related Group

FIRST ON PROFILE: Swire Properties Reveals One Island Drive Including 'The Residences at Mandarin Oriental, Miami' Set To Rise Over 800' On Brickell Key

FIRST ON PROFILE: Swire Properties has revealed the first official details of One Island Drive, an unparalleled residential and hospitality destination set within a secluded island sanctuary moments from Miami’s vibrant urban core. Surrounded by waterfront vistas, One Island Drive will be one of the crowning achievements of Swire Properties’ portfolio of world-class properties and is destined to be a defining landmark on the Miami skyline.

Located at the southernmost point of Brickell Key, the exclusive island community that Swire Properties has been developing for over 40 years, One Island Drive will be an oasis of calm, featuring two architecturally spectacular towers. The first tower, consisting of ‘The Residences at Mandarin Oriental, Miami’ and rising to over 800 feet, will feature an exquisite collection of 220 two-to-four-bedroom private homes with expansive floorplans of up to 4,700 square feet and two exclusive duplex penthouses at the top of the building, each spanning over 6,000 square feet. Approximately 400 feet tall, the second tower will feature the next iconic North American Mandarin Oriental hotel with 151 guest rooms along with 61 private Residences and 28 hotel Residences.

“Swire Properties has been headquartered in Miami for over 40 years, and in that time, we are proud to have transformed Brickell Key into one of the most sought-after locations in the city. With One Island Drive, we have taken the last prime waterfront site and created an island sanctuary that will be a destination for connoisseurs of luxurious design, intuitive service, and meticulous craftsmanship. Destined to become Miami’s most coveted condominium address, One Island Drive pairs intricately designed interiors with expansive private outdoor spaces that offer unmatched views of Biscayne Bay and the glittering skyline. With all the glamour and excitement of Miami, including convenient access to the city, One Island Drive offers the ultimate privacy for residents and guests. Surrounded by natural beauty, sparkling waters, and majestic vistas, there is no other location in Miami that provides what we are creating at One Island Drive,” said Henry Bott, President of Swire Properties Inc.

Offering panoramic views of Biscayne Bay, each tower will be connected by an expansive, resort-style podium with over 100,000 square feet of unrivaled amenities including a collection of multi-tiered, landscaped infinity swimming pools blurring the lines between land and sea, private cabanas, executive work lounges, private dining rooms with chef kitchens, world-class restaurants, a signature spa, and state-of-the-art health and wellness facilities. Envisaged as a tropical Eden, the abundance of greenery throughout the development will create a natural canopy of color and texture and feature an extension to the beloved Brickell Key baywalk.

One Island Drive will be a beacon of understated luxury on the waterfront, and a first-of-its-kind collaboration brought to life by an award-winning global design team, each at the forefront of their respective fields. Kohn Pederson Fox Associates (KPF) will envision the bold exterior architecture that will redefine the skyline; Parisian designer Tristan Auer will bring his rich aesthetic vision to The Residences’ interiors; AD 100 and Elle Décor A-List Parisian designer Laura Gonzalez will create the hotel interiors; and renowned Thai firm Shma will lead the landscape architecture. This represents the first new development commission for Auer, Gonzalez and Shma in the United States.

“We are delighted to carry on our longstanding relationship with Swire Properties as we embark on our second iteration of outstanding hospitality within Miami,” said James Riley, CEO Mandarin Oriental Hotel Group. “Twenty-three years ago, Swire and Mandarin Oriental Hotel Group joined forces to open Mandarin Oriental, Miami, forever elevating the level of hospitality in the destination. With One Island Drive we will do it again, offering residents and hotel guests the highest level of service, accommodation, and luxury amenities, all of which are synonymous with the Mandarin Oriental brand.”

One Island Drive will be the first residential property to be built on Brickell Key in the past 15 years and represents the final opportunity to own a new residence on the island. Pricing to start from $3,500,000 when sales launch in late 2023.

Swire Properties has played a leading role in developing the neighborhood of Brickell and has created a new center of gravity in Miami with the development of the $1 billion, 4.9 million square feet, mixed-use development, Brickell City Centre, located across the causeway from One Island Drive.

Renderings via Binyan Studios

Check Out 'Villa Florentyna' A Botanical Paradise With A Waterfall In Boca Raton Asking $14 Million

Villa Florentyna, an exquisite trophy estate situated in a secluded enclave in Boca Raton, has hit the market asking $14.9 million. Encompassing five acres of a botanical paradise, the property is a serene garden sanctuary unique to South Florida. Located at 9614 Pondwood Road, the grounds showcase unparalleled landscaping, featuring a 40-foot waterfall, two lakes, a koi pond and flora from all corners of the world. Villa Florentyna also features 1/3-mile walking trails, enchanted by mesmerizing lighting effects and botanical wonders.

The main residence comprises six bedrooms, seven full bathrooms and two half-baths, as well as guest quarters currently configured as a six-person home office, complete with a mini-kitchen and full bath. The interior features soaring ceilings and an expansive floor plan, making it an ideal sanctuary.

9614 Pondwood Road, Boca Raton, is listed for $14,995,000 with Elliot Koolik of Compass.

Images via Compass

Sabal Development Sells Waterfront Miami Spec Villa On Venetian Islands For $21 Million

Sabal Development, an award-winning builder and developer, has sold a luxury custom-built villa on Venetian Island for $21 million. Togu Design redesigned the modern, waterfront home at 1370 South Venetian Way. The new residence features a rooftop deck with pool and jacuzzi, ground floor deck with lounge area, negative-edge pool and jacuzzi, and stunning views of the Miami skyline from South Beach to Brickell/Downtown Miami.

Dora Puig, the Principal Broker & Founder of Luxe Living Realty represented both Sabal Development and the buyer in the $21 million sale, which closed May 26th.

“This is just one example of the impressive, state-of-the-art product our team produces time and time again,” said Nicolai, Founder and CEO of Sabal Development. “We enjoyed working on Venetian Island and have a second property that we are excited to bring to the market soon.”

The two-story new construction villa has five bedrooms, seven bathrooms, a two-car garage, and almost 7,000 square feet of living space. The 10,500 square-foot lot has 60 feet of glorious waterfront views overlooking South Beach and Brickell/Downtown Miami.

With direct southwest exposure, the residence gets natural light year-round. The home features a spectacular open-living area and a dining area separated by an elegantly designed metal screen. The European eat-in chef’s kitchen features custom walnut-wood paneling and premium appliances. A huge bayfront infinity pool and lounge area highlight the outdoor deck. The rooftop patio is perfect for entertaining, surrounded by firepits with incredible views.

Sabal Development originally purchased the property in August 2020 for $4.2 million. In the last two years, Sabal Development has sold custom homes built by Sabal Luxury Builder with a total value of over $146 million.

Demolition Underway At Future Waterfront Site of Olara In West Palm Beach

Demotion has commenced on the future waterfront site of Olara in West Palm Beach, a luxury condominium tower that overlooks the Intracoastal Waterway. Olara is being developed by Savanna, a vertically integrated real estate investment and development firm with offices in New York and West Palm Beach. Set to transform he waterfront of North Flagler at 1919 North Flagler Drive, Olara will deliver premier condominium residences, 80,000 square feet of exclusive amenities including a private marina and world-class culinary experiences, and an unprecedented lifestyle for sophisticated clientele.

The milestone represents the first steps towards the project’s groundbreaking, which is scheduled for this fall. Construction for Olara will be led by SavCon and Gilbane, with completion slated for 2026. Residences are priced from $2 million with sales and marketing efforts exclusively overseen by Douglas Elliman Development Marketing and branding by King & Partners.

“We’re thrilled to reach this exciting milestone and begin the first phase of construction for Olara,” said Peter Rosenthal, Chief Development Officer of Savanna. “The vision for Olara was to re-invent and re-invigorate West Palm Beach. Between acquiring the property and working with our architect, Arquitectonica, on a modern design, the plans have been years in the making, so seeing the project start to come to life is really special.”

Once completed, Olara will rise 26 stories along the Intracoastal Waterway and feature 275 exceptional two- to four-bedroom plus den residences. Designed by Bernardo Fort-Brescia, founding principal of award-winning architecture firm Arquitectonica, the tower is a waterfront residential oasis with a timeless façade, differentiated by its soft curves and glass terraces that reflect the water before it. With interiors by world-renowned design studio Gabellini Sheppard Associates, the residences at Olara were envisioned to be bright, airy, and filled with abundant natural light through the floor-to-ceiling glass windows. They feature elegant European-style kitchens outfitted with honed Volakas marble countertops and a suite of Gaggenau appliances, as well as spa-inspired bathrooms with dual vanities. The neutral, natural color palette informs the finishes selected for the homes, such as the light oak flooring, white matte lacquer cabinetry, and bronze accents.

The lifestyle at Olara will also be enriched through an impressive 80,000 square feet of indoor and outdoor amenity spaces. Among some of the amenities are a private marina, resort-style swimming pool with private cabanas, world-class fitness center and spa designed by The Wright Fit, and 30,000 square feet dedicated to a restaurant and epicurean marketplace.

“As the sister company of Savanna, also expanding in South Florida, SavCon is proud to be working alongside Glibane to build West Palm Beach’s most desirable waterfront destination,” said Eric Desimone, Chief Executive Officer of SavCon. “We truly believe that Olara is going to change the landscape of the area, and we’re honored to have a role in bringing this project to fruition.”

Situated along North Flagler Drive to offer views of the Intracoastal and Palm Beach Island, Olara will provide an expansive four-acre oasis that’s easily accessible to some of the area’s most coveted dining and shopping destinations. Residents are in within minutes of white-sand beaches, Palm Beach Island, and downtown West Palm Beach’s four retail and entertainment districts: Clematis Street, Rosemary Square, Northwood Village and Antique Row, lined with fashionable boutiques and collectibles. Many cultural institutions surround Olara, such as the Norton Museum of Art, the Ann Norton Sculpture Gardens, and the Kravis Center for the Performing Arts, which regularly hosts Broadway shows, nationally acclaimed theater and dance troupes like the Palm Beach Symphony, the Palm Beach Opera, and the Miami City Ballet.

Olara is sponsored by a Savanna affiliate. Savanna is a proven owner, operator, developer, and institutional fund manager with a 30-year track record, it has invested in and developed over 17 million square feet of real estate. Other affiliated parties include the Mactaggart Family Partnership, which has invested in and developed premier real estate projects in the United States and England for over 100 years, as well as Haymes Investment Company and Brandon Rinker, who assisted in the acquisition of six of the eight parcels within the assemblage that became the Olara development site. Haymes and Rinker served as development consultants as the site was assembled and the development vision was finalized. The principals of Haymes Investment Company have owned, operated and developed millions of square feet of commercial, residential and retail real estate in New York, Florida, and around the United States. Brandon Rinker has assembled some of the premier sites in the Palm Beaches. Brandon is now a principal at Savanna.

Step Inside An Ultra-Luxe Condo At The Bristol In West Palm Beach Asking $23.9 Million, Over $4,600 Per Square Foot

West Palm Beach has been one of the hottest real estate markets in the United States and record breaking sales continue to post for both condos and single family homes. Now, a turnkey designer residence at The Bristol is seeking a condo record for highest price per square foot in West Palm Beach, listing at just over $4,626 PSF. Priced at $23.9 million and listed with Samantha Curry of Douglas Elliman, 1100 S Flagler Drive #2202 was meticulously renovated and redesigned and is being sold fully furnished, including exquisite pieces from prestigious Italian brands such as Henge, Rimadesio, and Molteni. Artwork is also included.

The 3 bedroom, 4.5 bathroom condo is located within The Bristol, one of West Palm Beach’s most prestigious building, with high-profile and wealthy executives calling the building home. Featuring unobstructed views of the Atlantic Ocean and Intracoastal Waterway, the residence spans 5,166 square feet, with two expansive terraces. It includes parking for four vehicles, which is a rare find in most condominiums.

Designed by the renowned Solesdi Interior Design of Miami, the contemporary interiors exude timeless sophistication, adorned with specialty marbles, high-end wood, and metal elements. The attention to detail is evident in every corner, from the sleek electrical receptors by Bocci to the Salvatori Italian Marble walls in the entrance foyer and powder room.

The primary suite is a sanctuary of luxury, boasting dual bathrooms and dressing rooms for added convenience and privacy. Motorized shades throughout the residence provide effortless control over natural light, and the 11-foot sliders seamlessly connect indoor and outdoor living spaces.

The gourmet kitchen is a culinary enthusiast's dream, featuring Snaidero Italian cabinetry, Sub-Zero wine fridge capable of storing up to 100 bottles, and top-of-the-line Gaggenau appliances, including a gas stove top and induction cooktop, two dishwashers, ovens, and an espresso machine. The unit is equipped with top of the line A/V systems like Crestron, Sonos, and Sonance throughout.

The Bristol has succeeded in setting a new standard for ultra-luxury living in West Palm Beach since it opened in 2019. The tower is renowned for its most impressive 5-star amenities and attention to detail including on-site professional concierge, two spas, beauty salon, waterfront fitness center, 75-foot resort-style swimming pool, club lounge and dog park. It also offers two house vehicles equipped with a driver, gated entrance, and 24-hour valet and front desk.

The listing agent, Samantha Curry with Douglas Elliman, has represented buyers and sellers in numerous record-setting sales at The Bristol, including an overall WPB record for $42.6 million and a transaction last month which holds the current condo record for the highest price per square foot in West Palm Beach at $4,100/SF. Curry has sold close to $400 million at The Bristol.

Images via Shawn Hood Media

Historic "Woodsong" Home In Coconut Grove Designed By Legendary Architect Alfred Browning Parker Sells For $4.2 Million

The famed “Woodsong” home at 3003 Seminole Street in Miami’s hot Coconut Grove neighborhood has sold for $4.2 million. Featuring a stunning tropical modern design, surrounded by lush vegetation and a fresh-water pond, this home is truly one-of-a-kind. The buyer Pamela Day, developer and founder of Crimson Holdings, now owns a one-of-a-kind home that was built, and lived-in, by one of Miami's most iconic architects, Alfred Browning Parker. Known for his environmentally sensitive designs, this tropical modern home is one of his few remaining masterpieces and is affectionately named "Woodsong" as it is engulfed in mahogany wood, both inside and out. Compass represented both sides of the deal with Karina Reyes represented the seller Hans Feringa and Monique Feringa and Megan Probst represented the buyer.

The uniquely designed “Woodsong” home is made up of three distinct "pods" which are connected by an exterior breezeway featuring a 90-foot lazy river runs throughout the property. The backyard contains a sauna and a swimmable, freshwater pond.

The 4-bedroom, 5-bathroom, 2,600 square foot house is clad with solid Honduran mahogany, a valuable, high quality, durable wood that is one of the only genuine mahogany species that is grown today. Several floor-to-ceiling hurricane-impact windows and skylights, the home allows for an abundance of natural light and views into the botanical landscape. The “Woodsong” home is located in Miami's hottest neighborhood, Coconut Grove, with walkability to parks, the bay, and restaurants/bars.

As an ardent art collector and owner of multiple real estate assets in South Florida, Day's immediate connection to Woodsong was profound, perceiving it as a true work of art. Despite her extensive experience as a developer spanning over two decades, Day has no intention of altering Woodsong. Instead, she envisions herself as a guardian of the property, committed to preserving the architectural significance and original vision of Alfred Browning Parker, the esteemed architect behind Woodsong. Day regards it as Parker's magnum opus and aims to showcase it as such, carrying forward his legacy.

Images via Compass

The Ritz-Carlton Residences, Estero Bay Hits $240 Million In Sales

The Ritz-Carlton Residences, Estero Bay sales velocity has continued to propel through the month of April, achieving $240 million in sales to date, as it sails toward the next benchmark of beginning construction this summer. The property, led by visionary London Bay Development Group, will feature 224 distinguished residences within two elegant 22-story towers on nearly a mile of waterfront. With purchases now under contract, this surge of activity is the result of interest from buyers drawn to the property’s unrivaled offerings and the rare opportunity to live among nature, on the shore of the thriving Estero Bay aquatic preserve.

"The overwhelming demand for these residences attests to the long-term value and unparalleled lifestyle of The Ritz-Carlton Residences, Estero Bay and the tremendous appeal of living in the brand new coastal village of Saltleaf on Estero Bay. Here, residents will have at their doorstep a world-class marina with a five-star waterfront restaurant, an 18-hole championship golf course designed by Raymond Floyd, a nine-hole short course for all ages and levels, and hundreds of acres of natural beauty,” said Mark Wilson, CEO of London Bay Development Group. “There is truly nothing else like this in Southwest Florida and our Owners recognize that."

The 5,000-square-foot sales gallery, located at 5000 Coconut Road in Bonita Springs, features an immersive setting features a 3D scale model of the 30-acre property, along with a full-size residence kitchen, wet bar with wine storage, master bathroom and master closet made from custom millwork, featuring all finishes and appliances. There is also a technology-driven conference room, presentation areas, an on-site selection studio and virtual reality experiences.

Priced from $3 million, The Ritz-Carlton Residences, Estero Bay range from 2,628 to 3,885 square feet and include two, three- and four-bedrooms with a den. Dedicated private elevator entry, unobstructed sunset views of the bay and spacious balconies up to 2,200 square feet enhance enjoyment of daily life. Storage will be abundant, with generous bedroom closets and a personal private storage unit located on the resident’s floor. Owners will have a choice of three finish packages assembled by Meyer Davis, the award-winning New York design studio behind the property’s stunning interiors and impressive shared spaces.

Nestled beside the natural beauty of the state’s oldest aquatic preserve of Estero Bay, the residences present a rare opportunity for the legendary brand in a sheltered oasis. Imagined by globally acclaimed design firm Arquitectonica, the cascading façades of the buildings are inspired by the tranquil waterfront setting, integrating harmoniously into the surrounding topography. Allowing for maximized vistas, each condominium frames the sky to capture natural light, from sunrise to sunset.

Legendary Ritz-Carlton service and personal connections will be apparent in all facets of ownership through The Experience Studio, whether seeking a private training session or spa treatment. A rich program of amenities spans five acres, with 36,000 square feet of indoor offerings. This includes a Wellness Center with garden views offering fitness, a yoga and Pilates studio, a private training section, and locker rooms with steam and sauna. A centrally located, 8,000-square-foot space will present a Sunset Lounge, private dining room, Sports & News Café, Wine & Whiskey room, card room, and demonstration and catering kitchen.

The property’s outdoor oasis stimulates wellness, surrounded by enchanting gardens by landscape architect EDSA. Residents can enjoy three pools and floating-like pavilions at an expansive lagoon water feature. Bocce courts, multiple fire pits and barbeque stations also promote group gatherings.

The Ritz-Carlton Residences, Estero Bay is set within the new coastal village of Saltleaf on Estero Bay, a reimagined, master-planned community that connects residents to over 500 acres of nature preserve. A short walk leads to the 72-slip Saltleaf Marina, which recently broke ground, and Saltleaf Golf Preserve, a reimagined 18-hole championship course with a brand new nine-hole short course, currently underway and opening for play later this year.

Minutes away is the friendly town of Bonita Springs, home to dining, boutiques, and galleries, and Barefoot Beach, named one of the top 10 beaches in the U.S. Getting to The Ritz-Carlton Residences, Estero Bay is easy, only 20 minutes from Southwest Florida International Airport.

Look Inside This Lavish Waterfront Star Island Estate Which Just Hit The Market For $37.5 Million

37 Star Island Drive, a lavish waterfront estate on Miami Beach’s exclusive and ritzy Star Island, has hit the market for $37.5 million. The 12,374 square foot residence is situated on a manicured 40,000-square-foot lot, featuring 100 feet of water frontage facing Biscayne Bay and offers direct bay and ocean access. The home spans six bedrooms plus an office space, eight full bathrooms and one-half bathroom. Elegant design and linear architectural details are featured throughout the home, plus custom millwork and use of rich woods, octagon-shaped ceiling accents with custom lighting, and oversized “Plaza Deck” terraces.

The home is owned by Yale R. Brown, the president of IMS Ventures and the managing partner of Columbus Ventures. Jill Eber, Jill Hertzberg, Felise Eber, and Fabio Lopes of The Jills Zeder Group are listing the property.

The security gated entrance leads to a long, grand stone paved driveway lined with soaring royal palms and lush gardens. A flowing water feature with fountains lines both sides of the entrance to the front door.

This impressive entry foyer greets with soaring 30-foot ceilings with a rotunda ceiling accent, while surrounding glass walls encase the foyer appearing to bring the outside water feature into the home. A custom hand-crafted winding mahogany-travertine staircase leads to a second-floor landing and seating area that overlooks the living room below and provides direct views to the pool and bay.

The oversized formal living room also features 30-foot ceilings, floor-to-ceiling windows streaming natural light, a custom-built fireplace with mahogany and burled wood accents, and direct access to a covered terrace with views to the pool and bay.

The chef’s kitchen offers granite countertops, a cooking and prep center island, top-of-the-line appliances and a large food pantry. A large butler’s pantry, a separate breakfast room and a spacious private dining room are adjacent to the kitchen.

Also on the first floor is an expansive entertainment/media room, an office den with rich mahogany paneled walls and beautiful custom detailed millwork, staff quarters with full bathroom, and full laundry room. There is three-phase power and a back stairwell/elevator shaft provisioned to add an interior elevator.

The spacious, first-floor principal suite features floor-to-ceiling windows with direct bay views and access to the pool deck, remote controlled black out/hurricane shutters, midnight wet bar, and spacious dual walk-in closets with custom built-ins. The gentlemen’s bathroom features travertine marble floors, a mahogany wood vanity and a large shared walk-in rain shower with steam that can be accessed from either side; the ladies’ bathroom boasts large slab marble floors, a bird’s eye maple vanity and mirror with inset lighting, mirrored ceiling and a Jacuzzi sunken spa tub.

On the second floor are four spacious guest suites, each featuring a full en-suite bathroom, high ceilings, walk-in closets and oversized “Plaza Deck” terraces. Two are east-facing and overlook the pool deck with direct views to the bay and South Beach; two are west-facing and overlook the front of the home and Downtown Miami.

Outdoor highlights include a large, covered terrace with al fresco dining tables leading to the pool; large heated pool featuring an automated pool cleaning system; covered summer kitchen/bar with TV, sink, BBQ; fountain, and Jacuzzi, surrounded by lush palms, tropical flowers, plants, and a Japanese Zen garden. A full cabana bathroom is located next to the pool. A private 40-foot dock with an electric and water pedestal can accommodate a large vessel.

Images via The Jills Zeder Group /1 Oak Studios