Another North Bay Road Mansion Sells for $13.6 Million

North Bay Road mansions have been a hot commodity this year! In January Phill Collins sold his North Bay Road mansion for $39,250,000 and is set to be demolished by buyer Thomas Bravo. In June, Jennifer Lopez and Ben Affleck rented a waterfront mansion for $130,000 monthly. With so much activity, it’s of no surprise how quickly these Miami Beach multimillion-dollar homes sell.

Lawyer Stephen Zack and his wife, Marquerite, also sold their mansion located at 5310 North Bay Road. The couple sold the home for $13.6 million after they originally purchased the home just 3 years ago for $8.5 million. Since 2018, the home has been listed for sale with an original list amount of $21 million.

The buyer for this Miami Beach home is listed in the county records as North Bay Road Developments LLC, a company that is managed by Guillermo Osses, Francisco Perez, and Miguel Yoma.

According to public records, Osses is the Vice President of Atacama 2108 LLC and is also affiliated with 23 other companies. Yoma is the Manager for San Marino Developments. The partners financed the purchase through Terrabank for $6 million.

The magnificent waterfront estate features 8,148 square feet of living space with 6 bedrooms and 6 full and 2 half bathrooms. The Georgian-style home has been remodeled two times, remarkable mansion features a 5,000 bottle wine cellar, pool. jacuzzi, and expansive home theater.

Stephan Zack is a trial attorney and partner at Bois Schiller Flexner LLP. He was also the lead attorney for former Vice President Al Gore in the Florida recount litigation that took place in 2000. During that time, he was an expert witness for voting accuracy. He is also a past president of the Florida Bar Association as well as the American Bar Association.

The Zacks also have a luxury unit located on the 54th floor of the Four Seasons Residences, which they purchased in July for $8.1 million.

‘Cocaine Cowboy’ Mickey Munday is Building Parks on Neglected Land in Miami

Screenshot from local 10 News, with LOVE sculpture and artist Maurizio Raponi.he

Mickey Munday, one of the biggest drug traffickers of Miami’s legendary ‘Cocaine Cowboy’ era has set out to change Miami again, but this time in a completely different way, by building neighborhood parks on neglected or underutilized pieces of public property. His first park was formerly a vacant lot in North Miami that the South Florida Water Management District uses to access the C-8 canal, which Mickey and artist Maurizio Raponi have transformed into the Lock-In-Love Park.

Munday gave Channel 10 News a tour recently, showing off a large heart formed in the turf, and a ‘LOVE’ sculpture by Raponi. The idea, Mickey says is to bring a lock symbolizing your love of someone or something, lock it to a chain in the park, and toss the key in the canal ( perhaps inspired by that bridge in Paris that broke under the weight of thousands of love locks) symbolizing the permanence of your love. More parks will follow says Munday and Raponi, who plan this to just be the first of many. “We want to get a lot of parks done like this, beautified and just promote positivity and love,” said Raponi.