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Infacet the Most Costly Property for Sale in Florida: $170 Million Miami Beach Estate


Earlier this yr, when the Arsht Estate was listed for a whopping $150 million, it shattered the report for the priciest single-family residential property ever put up on the market in Miami-Dade County — whereupon a three-home compound at 16 La Gorce Cir. in Miami Beach stated, “Hold my beer.”

Last week, the oceanfront property of the late physician, philanthropist, and University of Miami trustee M. Lee Pearce went in the marketplace for $170 million — promptly one-upping the Arsht’s Estate’s short-lived reign because the county’s priciest residential itemizing. In reality, the property’s infamous actual property brokers, Jill Eber and Jill Hertzberg of the Jills Zeder Group, inform New Times the Pearce compound is definitely believed to be the costliest residential property ever put up on the market in the complete state. 

“To the best of our knowledge, it is the highest price on a single folio residential property offered for sale in Florida,” writes one of many Jills (although it isn’t clear which one) by way of e-mail. 

click on to enlarge The Pearce compound boasts 600-feet of frontage on Biscayne Bay. - PHOTO COURTESY OF THE JILLS ZEDER GROUP/1 OAK STUDIOS

The Pearce compound boasts 600-feet of frontage on Biscayne Bay.

Photo courtesy of the Jills Zeder Group/1 Oak Studios

Situated on the unique, gated La Gorce Island in Miami Beach, the Pearce compound boasts three houses — two two-story residences and a smaller one-story house with a guesthouse — every with its personal non-public dock. In complete, there are 12 bedrooms, 16 full loos, 9 half-bathrooms, and three swimming swimming pools.

The practically three-acre property boasts statues of Greek gods and goddesses, opulent marble flooring, handpainted frescos on the ceiling, crystal chandeliers, an extravagant Spanish-style courtyard, and 600 toes of frontage on Biscayne Bay with panoramic views of the Miami skyline. Not to say a wine cellar, a classic movie show, and a non-public waterfront park on the property referred to as “Domaine de la Paix et de l’Amour” (French for “Domain of Peace and Love”), decked out with manicured greenery and a waterfront gazebo.

click on to enlarge The owner demolished one of the existing homes to build a private waterfront park. - PHOTO COURTESY OF THE JILLS ZEDER GROUP/1 OAK STUDIOS

The proprietor demolished one of many current houses to construct a non-public waterfront park.

Photo courtesy of the Jills Zeder Group/1 Oak Studios

But, Jill Eber says, the most extraordinary a part of the property is that it’s a assortment of 4 completely different properties.

“Assemblies are highly sought-after and difficult to put together,” she tells New Times. “This one is ready to go.”

click on to enlarge Private movie theater - PHOTO COURTESY OF THE JILLS ZEDER GROUP/1 OAK STUDIOS

Private movie show

Photo courtesy of the Jills Zeder Group/1 Oak Studios

M. Lee Pearce made his cash constructing and working hospitals, medical services, and banks. He bought the separate properties all through the Eighties, paying $3.1 million in complete for the 4 heaps. (Pearce tore down one of many houses to construct his non-public park.) Pearce died in 2017, and the compound now belongs to his belief. According to the Wall Street Journal, proceeds from the sale will profit the Dr. M. Lee Pearce Foundation, which offers grants for medical analysis and music.

The Jills emphasize that the property is uncommon and in demand. So should you’ve received $170 million to spend and wish to reside down the highway from Cher’s outdated pad, Eber suggests you progress quick.

“For this property,” she advises, “the best is to get involved quickly.” 

click on to enlarge One of three pools on the property - PHOTO COURTESY OF THE JILLS ZEDER GROUP/1 OAK STUDIOS

One of three swimming pools on the property

Photo courtesy of the Jills Zeder Group/1 Oak Studios




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