Miami Beach Tropical Hideaway Advances To ULTRA High End Market
September 24, 2010
5800 North Bay Road, a 1929 Mediterranean estate and former J.Lo manse, was transformed into a contemporary residence fit for the twenty-first century. While maintaining the original footprint, the sophisticated contributions of designers Lorraine Letendre, Edwina von Gal and Tom Webber propel this residence to a new level of luxury for Miami Beach real estate. I’ve noticed a confidence among top end sellers today who feel the market lacks ULTRA luxury high end product, my client @ 5800 North Bay Road is a perfect example, asking a cool $29M.
The Ipe gated entry opens to a well appointed Royal Palm forest. An exotic whimsy permeates the acre plus lot with clumpy Zoysia grass, Dominican coral stone, westardly curved Coconut Palms, a Koi Pond and a continuous bay breeze. During this epic renovation, the entire roof was removed, elevating the second floor. A lofty expansiveness prevails through the master suite and the four upstairs bedrooms. Belgium craftsman skillfully treated the interior walls creating a textural effect throughout. The finishes are exceptional; the amenities immense.The second highest residential offering in Dade County today, 5800 North Bay Road has it ALL:
12,152SF Living Area
52,881SF Lot
200FT of Biscayne Bay Frontage
7Bed/8Bath/3Half Bath
Electronic Gated Entry
Summer Kitchen and Pool Cabana
New Dock and Seawall w/ 20,000lb Boat Lift and 2-Jet Ski Lift
Wine Cellar: 800 bottle capacity
Petz Windows manufactured in Germany
150 year old reconditioned wood floors
Lutron and Crestron Systems
Integrated Security System w/ 32 cameras
Theater
Elevator
Staff Quarters
3-Car Garage
And if that’s not enough, new North Bay Road residents and Miami Heat Dream Teamers Dwayne Wade and Chris Bosh are moving down the street! Both paid north of $10M.
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Top 5 Residential Listings in Dade County:
3 Indian Creek Drive $60M*
5800 North Bay Road $29M*
40 Star Island Drive $29M*
420 Harbor Drive $25M
1736 W 28 Street $25M*
*located in Miami Beach
