Co-founder of Luxury Brand Tory Burch Lists Waterfront Mansion in Miami Beach for $49 Million
Christopher Burch has offered his opulent mansion on Miami Beach’s famed North Bay Road for $49 million. He is the co-founder of the fashion label Tory Burch and the founder and CEO of Burch Creative Capital.
The property located at 5050 N. Bay Road features opulent living spaces, eight bedrooms, and eight full plus two partial bathrooms that perfectly capture South Florida living in the traditional post-modern style.
As you enter the main house, the wood paneling gives off a cozy, warm feeling. Each interior space features exquisite details, from the embroidered drapes and trims to the furniture and artwork. Look for a kitchen with a sizable dining room, a dedicated butler’s pantry with a rotisserie oven, a separate prep kitchen, and a breakfast nook.
The 1,500-square-foot guest house has two entrances and may be set up as four bedrooms, while it is now set up as two separate bedrooms with one living area each.
Beyond the fortifications, you’ll discover immaculately kept grounds next to expansive vistas of Biscayne Bay and 139 feet on the water with a large dock. A rear pool provides a gathering space with a covered grill and pizza oven. The pool next to the house features a hot tub, cold plunge, and steam rooms.
Shakira is On the Move to Miami
Shakira has recently relocated to Miami with her children after leaving Barcelona, the hometown of her ex-boyfriend, Gerard Piqué.
The Colombian singer, who lived in Barcelona for eight years, explained in a farewell Instagram post that she was leaving following her breakup with Pique, 36, so she could begin “a new chapter.”
Shakira and Piqué first became acquainted while working on the music video for her song “Waka Waka (This Time for Africa),” which served as the FIFA World Cup 2010’s anthem. In March 2011, the pair announced their relationship for the first time. Last June, they made their breakup public.
Piqué, who was born in Barcelona, had a fruitful career with FC Barcelona, the illustrious team representing the city. Before the defender announced his retirement from the game in November 2022, his teams won eight La Liga championships and three Champions League trophies.
With the recent news of her departure, Shakira has been seen looking at homes across Miami and plans to spend up to $50 million for a mega-mansion.
Pictures of the glam pop diva and her brother visiting more than six potential properties in Florida’s wealthy neighborhoods were captured.
The 46-year-old is apparently renting a $15 million waterfront mansion while searching for a larger place to settle down with her kids Milan and Sasha, ages ten and eight.
Miami Marlins, Avisail Garcia Purchases a $9 Million Mansion in Miami
Avisail Garcia, an outfielder with the Miami Marlins, just paid $9.06 million for a mansion in a prestigious Snapper Creek Lakes neighborhood in Coral Gables, Florida.
The 1.1-acre property was purchased by the baseball player from Venezuela, known as Uncle Avi, 31, and his wife, Anakarina Garcia, at the end of March. The deal was made two years after Mr. Garcia committed to the Miami Marlins for a four-year, $53 million contract.
The two-story house is sited on a corner lot and was originally listed in July 2022 for $10.495 million. Public records show that it was last sold in 2021 for $7.35 million.
The home’s total square footage, including terraces, outdoor spaces, and basement levels, is 11,476. Additionally, the listing describes it as “a strong bunker” with a poured-concrete roof and hurricane-resistant windows.
The 3-car garage is located at the home’s entry, which is surrounded by a large iron security gate. French doors across the rear of the house lead into a columned terrace with a pool and spa, which is also visible from the row of balconies on the second story. The house is built for indoor-outdoor living. The grill and a fire sprinkler system are additional outside elements.
The residence’s top rooms, including the private principal suite in a separate wing, are accessed through a grand staircase. The mezzanine gives the architectural drama and depth.
The home contains a formal dining room, a cinema room, a breakfast area, and a chef’s kitchen with a big island in addition to seven bedrooms and eight bathrooms.
Mr. Garcia played for the Detroit Tigers, Chicago White Sox, Tampa Bay Rays, and Milwaukee Brewers before making his main league debut in 2012. The Garcias, who are parents of two small kids, were married in 2013.
Urban Network Capital Group Unveils the Luxury Condo Hotel-Visions at Brickell Station
‘Visions at Brickell Station,’ a luxury condo-hotel aimed at elevated luxury or business visitors searching for an enhanced experience, has been unveiled by Urban Network Capital Group (UNCG).
After the nearly sold-out Visions Orlando Spa & Resort, which is a 354-unit luxury vacation hotel community set to commence development soon, Visions at Brickell Station is the second Visions project for UNCG. Visions is a recently introduced brand by UNCG, with the company’s first such developments taking place in Orlando and now Miami.
The recently finished assemblage, which cost a total of $8,500,000 to purchase, comprises of three Miami-area parcels at 1120, 1130, and 1136 SW 3rd Avenue. Around 70 new properties in the single-family and multifamily markets have been developed by UNCG, with deals worth over $2 billion successfully completed.
Visions at Brickell Station is a boutique condo/hotel complex with 111 residences ranging from studios to one-bedroom units, with no rental limitations, and is situated in the center of the city at 1120 SW 3rd Avenue. Owners can engage in a professionally run Hotel Program or rent it out through a booking platform of their choice.
A wide range of people are drawn to the distinctive, modern architecture created by DTI Architects, and UNCG can choose from a variety of price points, starting at $299,448 for a 321-square-foot studio, $413,124 for a 451-square-foot junior suite, and $501,960 for a 539-square-foot one-bedroom unit.
The eight-story skyscraper will provide spectacular style, intimacy, exclusivity, and a wide range of wellness-focused amenities that meet residents’ every need once it is finished in 2025. A state-of-the-art gym with interactive gym equipment, rooftop Infinity pool and terrace, on-site restaurant with food and beverage service, front desk check-in, laundry services, and a bike-share program are just a few of the distinctive features that improve the experience of being an owner at Visions at Brickell Station.
Keyless electronic entry, floor-to-ceiling windows with panoramic views of Miami’s famous skyline, a ceramic tile floor that looks like wood, quartz countertops, custom Italian cabinetry, and 75″ Smart TVs are just a few of the luxurious amenities found in each tastefully furnished designer residence. Visions at Brickell Station were designed by UNCG with in-unit wellness-focused luxuries such as advanced HVAC systems offering purified air and probiotic eco-sanitizing diffusion, nontoxic wall coverings, filtered water, aromatherapeutic diffusers, Vitamin C diffusion therapy showers, and lighting to relax and balance the mind. UNCG specializes in building communities that are both eco-friendly and wellness-certified.
Together with other private investors, the project is backed by V&V Investments, a Peruvian company. With more than 25 years of experience, V&V is the top real estate development company. The group’s total projects, which total more than $1.5 billion, span eleven portfolio projects in Aventura, Coral Gables, Fort Lauderdale, Port Charlotte, Cocoa Village, and now Brickell. V&V entered the U.S. market in 2021.
Hip Hop Legend Lil Wayne Sells Waterfront Miami Mansion on Allison Island
Five-time Grammy award-winner and hip-hop legend, Lil Wayne, recently sold his Miami mansion after listing the property last year for $29.5 million. Weezy sold the waterfront property on Allison Island for a price pending after a recent $1.5 million price reduction to $28 million.
The 23,760-square-foot house, which was created by the architecture company Choeff Levy Fischman, has 110 feet of water frontage, a private dock, a pool, and an outdoor kitchen. It is located on the border of Biscayne Bay. Despite being a brand-new construction, Wayne upgraded the seven-bedroom, nine-bathroom mansion.
There is also an elevator, a movie theater, a wine cellar, two family rooms, staff quarters, a chef’s kitchen, and a butler’s kitchen inside the 10,300-square-foot, two-level residence. Almost every room has floor-to-ceiling sliding doors that let in the beautiful Miami weather. The chef’s kitchen and one of the family rooms also lead to a lush, green indoor courtyard.
The expansive main suite is stunning at 2,500 square feet. There is a huge sitting area, a walk-in closet in the form of a boutique, two bathrooms, and a huge terrace that views the backyard.
Weezy originally purchased the property in 2018 for $16.8 million.
The stunning Allison island is situated in the Indian Creek canal in the La Gorce neighborhood and is regarded as a component of North Beach, a larger area of Miami. 63rd Road divides the 8.5-acre island into a North Island and a South Island.
Condos and townhomes can be found on the southern Island, also called Aqua, while only waterfront mansions with several enormous lots and ultra-modern architecture can be found on the northern Island. This neighborhood’s great demand is in part due to the fact that every single home on the Island has immediate water access to Biscayne Bay.
Former NY Yankees Player A-Rod Just Purchased a Star Island Home for $18.5 Million
For $18.5 million, a company run by former New York Yankees player Alex Rodriguez just purchased a mega-mansion on Miami’s infamous Star Island in Miami Beach.
Casa La Bonita, located at 14 Star Island Drive features 0.9 acres with over 100 feet of water frontage directly on Biscayne Bay. The estate was built by renowned Mexican developer, Carlos Gosselin.
The property boasts imported entrance gates that welcome guests to the gorgeous Mediterranean-style estate opening to arched hallways and courtyards. Throughout the home, it is evident the custom-made Hindu doors, a movie theater, a poolside gazebo, an elevator, high-impact windows, a pool, and a boat dock.
Rodriguez is the manager of Star Island 14 LLC, which is the name of the purchaser of the home. The former MLB All-Star Rodriguez’s addresses in Miami and Woodland Hills, California, were included in the $20 million mortgage from First Republic Bank.
The off-market transaction cost $463 per square foot. In 2020, the house last sold for $24 million.
Rodriguez has purchased on Star Island before. In 2020, Rodriguez and singer/actor Jennifer Lopez bought the home next door, 13 Star Island Drive. Rodriguez and Lopez are no longer together and it is unclear if 13 Star Island will be sold or if either will take sole possession.
Lil Wayne Lists Allison Island Mansion for $29.5 Million
Grammy Award winning rapper Lil Wayne is selling his Miami mansion on Allison Island for $29.5 million after purchasing the home in 2018 for $17 million.
The seven-bedroom, nine-bath, and two-half-bath residence located at 6480 Allison Road features 10,632-square-feet of living space with 110 feet of water frontage, a pool, and a cabana. A wine cellar, a movie theater, and a great room with 22-foot ceilings are all included with the mansion.
It is situated on a little more than half-acre, the mansion was created by spec-home developer Laurent Harrari in 2017.
Before purchasing the Allison Island estate, Lil Wayne paid $10 million for a La Gorce Island mansion in 2017.
According to records, in January, Lil Wayne’s Allison Island property’s neighbor, kitchen, bath, and flooring tycoon Alan Courey, sold his beachfront mansion for $16.5 million.
On Allison Island, recent transactions include developer Todd Michael Glaser’s $7.9 million acquisition of a waterfront parcel on the opposite side of the island with partners Scott Robins and Jonathan Fryd. On the property, Glaser intends to erect a 10,000 square foot mid-century modern home.
Invite Only New Construction Luxury 50 Unit Condominium to Break Ground on Fisher Island Miami
The Related Group is making waves in South Florida with their newest condominium project on the exclusive Fisher Island. The invitation only condo tower would include 50 luxury residences with a select number of penthouses.
The wealthy have long made Fisher Island, which is located at the confluence of Biscayne Bay and the Atlantic Ocean and is a seven-minute ferry trip from Miami Beach.
Oprah, Julia Roberts, and Mel Brooks are all known to have lived on Fisher Island in the past. The enclave has also received some accolades: Bloomberg found in April 2018 that Fisher Island, with an average income of $2.5 million in 2015, was America’s wealthiest ZIP code.
According to Jon Paul Perez, Related’s President stated, “We are currently working with our sales teams to develop our list of VIPs. People can live their entire lives on the island and, as such, develop close relationships with neighbors and fellow residents. That’s the feeling we want to create at our job. We want our buyers to get to know one another, and forge close friendships that elevate this beyond just another one of their homes.”
The proposed condo site, which is the last developable parcel on the 216-acre island, was just purchased for $122.6 million by Related Group, billionaire tycoon Teddy Sagi, BH Group, and Wanxiang America RE Group.
When the unnamed property is finished, units will cost about $30 million, while penthouses will cost more than $60 million.
Project Details:
3 to 5 bedroom residences
Membership to Fisher Island Club
Golf course
Tennis facilities
Marinas
The project’s architect is listed as Kobi Karl with interiors by Tara Bernerd and Partners.
Sales are expected to begin at the end of 2022 with construction anticipated in quarter 4 of 2023.
Jorge Posada-Retired New York Yankees Catcher Lists $20 Million Coral Gables Mansion
Retired New York Yankees star catcher, Jorge Posada and his wife Laura are the proud owners of 9335 Balada Street in Coral Gables. A waterfront estate that is now for sale and is situated in the upscale Old Cutler Bay neighborhood in Coral Gables.
Just two years before he retired in 2012, the five-time All-Star is claimed to have paid $6.25 million for the home in 2010, according to Mansion Global. The Coral Gables home is currently on the market at $19.9 million.
The former MLB player’s waterfront estate includes a stunning 11,800 square foot home with seven bedrooms, nine bathrooms, a private boat dock, and a six-car garage. Additionally, it is outfitted with a plethora of amenities, such as an infinity pool with canal views and a putting green where you can work on your short game whenever the desire strikes.
The interior of the house has a distinctly modern aesthetic with accents of brilliant white and shiny finishes. On the first level, there are two double living rooms, an ultra-modern chef’s kitchen, and a formal dining room with a wine rack installed on the wall.
Additionally, there is a seamless transition between indoor and outdoor areas, with various covered terraces, three balconies, and a two-story outdoor entertainment area complete with a summer kitchen.
The main bedroom is located upstairs, and it has an unbelievable walk-in closet that is about the size of two separate bedrooms put together. Naturally, the former athlete’s estate has a gym as well as a navy-colored movie theater, two home offices, and a basement with a pool table.
Record Breaking Waterfront Mansion Sold in Coconut Grove for $106.9 Million
Adrienne Arsht, a local philanthropist, set a Miami-Dade County record when she sold her waterfront property in Coconut Grove for $106.9 million.
The sale of the home represents a 29% decrease from the property’s initial $150 million asking price and this sale marks the first residential sale to exceed the $100 million threshold.
The 2 two-story homes sit on 3031 and 3115 Brickell Avenue and are frequently referred to as South Florida’s “embassy,” due to the many U.S. and international officials frequenting the home.
There are a total of 12 bedrooms and 13 and a half bathrooms in the 25,000-square-foot home. The 4-acre property has 400 feet of water frontage, is close to Vizcaya Museum & Gardens, and overlooks Biscayne Bay. The main house, known as Indian Spring, was built by Arsht in 1999.
It has a dining room that seats more than 20 people, a six-car garage with an office and apartment upstairs, a pool, and a tennis court. Indian Spring was designed by Jose Gelabert-Navia, a former dean of the University of Miami School of Architecture. Villa Serena, the other house, was constructed in 1913.
The property was developed by William Jennings Bryan, a former U.S. Secretary of State and a 3x presidential candidate. Arsht restored the waterfront mansion and it is now registered in the National Register of Historic Places.
According to records, she purchased the property in two transactions, paying $4 million for the land on which the contemporary house was built in 1996 and then $12 million for the ancient home in 2007.
Arsht, a native of Delaware, made a name for herself in Miami’s financial world and as an arts patron. She gave the Adrienne Arsht Center for the Performing Arts a $30 million gift, earning it the moniker Adrienne Arsht Center for the Performing Arts in Miami’s Arts & Entertainment District. She has also served as TotalBank’s chair in the past.
The transaction surpasses the previous high in Miami-Dade, which was set this summer by the $93 million purchase of three homes in Golden Beach by the founder of the technology business InterSystems. Ragon intends to demolish the buildings and build a new house in their stead.
