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Great opportunity! Million Dollar reduction due to Chinese drywall. Sited in the historic Morningside neighborhood, this spacious mid-century modern home was completely renovated in 2008 and features a grand open floor plan surrounded by impact windows exposing the swimming pool. Huge private main suite with wraparound terrace overlooking Morningside Park.



 

The two-story, eight-bedroom Sunset Island mansion sold for $14.3 million this week. Sited on about 24,000 square feet, it has eight bathrooms, a private dock and views of South Beach.

The sale is considered to be the priciest sale for a single-family home in Sunset Islands III and IV.

The home has two swimming pools, 2 reflecting ponds and modern architecture with large picture windows.

The sale proves that the luxury market in Miami Beach and South Florida is on the rise. The global market and domestic buyers are hunting and demanding luxury homes. Although inventory is shrinking, it proves to be a hot trend to be South Florida resident right now.



 

The former home of Colombian drug lord Pablo Escobar sold for $9.65 million this week to a Miami business owner.

Christian Berdouare, owner of the Chicken Kitchen restaurant chain, bought the 6,300-square-foot home and has plans to tear down the house.

The home was originally built in 1948 and was purchased in 1980 by Roger and Leslie Schindler for $762,500. The property features 4 bedrooms, 6 full baths and a 24,425 square foot lot. The new owner plans to demolish the home and develop a new house on the property.



 

Sited on Indian Creek Island, one of the most prestigious neighborhoods in the U.S., the 53,000-square foot lot with 133 feet of water frontage sold today for $14.4M.

The property sold in August of 2012 for $8.6 million. The owner listed the property for $30 million and had hopes to develop a home designed by Chad Oppenheim but decided to take the offer. The development would have featured courts, gardens, spa area, cabana, 100-foot pool a private dock and a 5-car garage. The new owner has plans to tear down the home and develop for personal use.

The property is considered to be one of the smaller lots on Indian Creek with a standard lot size of 80,000 square feet with 200 feet of water frontage.



 

The Nelson Gonzalez Team is searching for an experienced full-time Marketing Manager with 3 or more years of experience. This position can be licensed or unlicensed. Job responsibilities include marketing new and current listings while developing campaigns for potential listings to obtain new business. Creates and develops marketing and advertising campaigns, maintains and creates promotional materials, prepares reports and manages all social media platforms and hosts of websites.

Please call or email Stephanie Reyes at 305.674.4033 or info@nelsongonzalez.com for more details.



 

34 La Gorce Island home sold for $14 million setting the record for price per square foot in Miami-Dade County.

The property features 4,846 square feet of adjusted living area on a nearly 23,000 square foot lot. Originally built in 1941, the estate includes six bedrooms, the six bathrooms and wide bay views.

The buyer paid $611 per square foot for the property or $2,889 per square foot for the entire estate. The previous record sale was in December 2013 for the sale of 2550 Bay Avenue which sold for $529 per square foot for the lto and $2,230 per square foot for the home.

The new buyer has plans to tear down the home.



 

The CEO of the luxurious, iconic fashion brand Louis Vuitton, purchased an Allison Island home for $11.7 million.

The new buyer, Michael Burke, purchased the one-acre Miami Beach home and has plans to demolish it. The property has a private dock, guesthouse, tennis court and 200 feet of waterfront. The house was originally listed for $13 million.

The sale is considered the most expensive on the island.



 

Miami officials and railway executives released plans for a massive 3 million-square-foot train station complex including an 80-story skyscraper. This will be the state’s first privately owned intercity railway.

The plans revealed a liking to Manhattan’s Grand Central Terminal and San Francisco’s Bay Bridge. Ground breaking is expected to take place in the coming months with a completion date set for sometime in 2016.

The rail will be set to run from Miami to Orlando with stops in Fort Lauderdale and Palm Beach cutting the trip to a short three hours and traveling at speeds of up to 110 mph.

The ground floor of the of 11.2-acre station will feature shops, restaurants and office space in the skyscraper. Business goals will be targeted toward business executives and tourists who need transportation between the east coast of Florida.



 

Miami Beach has been going through major construction in the past years in hopes of major improvements. Currently, 730 feet of the Venetian causeway is getting destroyed and shut down for repair.

There are 12 bridges that make up the causeway linking Miami near the old Miami Herald building to Miami Beach near Lincoln Road. Residents will have to use either MacArthur to the south or Julia Tuttle to the north to get to the mainland.

After construction is over the city of Miami Beach will be switching from C-Pass to Sun Pass for the Venetian Causeway toll. There are many other major construction sites that will slow down traffic in Miami Beach including Alton road Julia Tuttle.



 

Curbed Miami has released a list of the 25 most expensive residential listings in South Florida. Listed at number one is the $110 million private island of Pumpkin Key expanding over 26 acres. Among the luxurious listings are Nelson’s Indian Creek Island listings one at 17 Indian and the other at 12 Indian. Both are listed for $35 million and have 80,000 square foot lots.



 

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