This 4,400 square-foot compound in South Miami comes replete with an all-stainless-steel kitchen, groovy pendant ball lighting, a spiral staircase, exposed beams under a vaulted ceiling, and of course, a floating fireplace hanging from its own big iron chimney.
Built in 1924, this historic Tudor Revival family home in Miami's Shorecrest survived almost a hundred years of people moving in and out, neighborhood highs and neighborhood lows, renovations, new kitchens, changing tastes, and whatever the '70s threw at it, always being the kind of house that everyone always says has "charm." Designed to be an old English fantasy that you lived in, it would have had interiors that evoked ye old past just as seductively as its exteriors still do.
Located on just under an acre of land, extremely close to the sweeping Lake Worth views of S. Flagler Drive, but on a leafy and extremely quiet dead-end street, this Balinese compound was built in 1950, yet has been thoroughly updated for contemporary life. Located at 250 Essex Lane, does that updating, along with the obscene excesses of today's real estate market, justify a $22 million price tag, however?
An adorably ancient coral rock house and accompanying guest cottage on Coconut Grove's Oak Avenue, at numbers 3041 and 3041 1/2 practically spitting distance from Main Highway, is the kind of property that could only ever exist in the Grove. Oozing old grove salty sailor vibes from between every stone, the house is historically designated by the City of Miami, making it most certainly not the kind of place one would or even could buy just for the land and "location, location, location" investment potential.
Sometimes a property arises that appears to be the absolute definition of obscenely luxurious decadence, to practically an irresponsible degree. That's one way to describe this rental that recently hit the market at 242 Washington Avenue for an absolutely lavish $21,000 a month, in the heart of South Beach's South-of-Fifth enclave.
The quaint cottage at 3564 Avocado Ave, in the heart of the South Grove, combines a home originally built in 1936, replete with brick walls, a blue front door, Pecky Cypress paneling, and a gabled roof, along with a breezier section with sliding glass doors and a beamed ceiling that may have been added a few decades later to open out to the pool. Containing four bedrooms and four baths in just under 3,000 square feet, the house feels like a charming melange of old-Miami charm from a few different eras, with a huge price tag that seems appropriate for the maniacal post-pandemic housing market of today. Newly listed at $3.5M, the owners are asking more than twice what the house went for merely four years ago. Check out the photos, below.
Just a few months ago, this 10,000 square foot Palm Beach estate on a sweeping piece of property facing Lake Worth sold for a whopping $55 million, which any sane person might think was an impressive enough price tag, after having been on the market for about five months. But this is how over-the-top the current real estate market is. The house appears to have been almost immediately whallopped back onto the market, with a new listing price of $79 million. If that brash of a flip isn't proof we live in truly bizarre real estate times, than what is?
In this real estate market, prices keep rising and rising to a point where it's almost embarrassing to write about a property when in the back of your mind you keep thinking "you get THAT for THAT???" This is not one of those houses. Compared to some of the hovels on offer in Miami Beach for literally the exact same price, this rather stately and elegant home in South Coconut Grove doesn't feel like its price, a cool $4 million, is extravagantly out of step with what's on offer.
This unassuming cottage, with its raw, unifinished wood siding and unkempt jungle of a yard in South Miami, looks practically abandoned. Yet, the property, located at 6401 SW 42nd Terrace, hit the market four days ago for a not-immoddest $515,000. A lot of that asking price can be blamed on the 9,000 square foot corner lot, as well as the extremely frothy housing market we're living in right now. But, inside this little 728 square foot house, you'll find a swinging, subtropical bachelor pad.
When the exquisitely wealthy businesswoman and philanthropist Adrienne Arsht listed her magnificent and massive Miami estate for sale in January, spectacularly priced at $150 million, it was a news item significant enough to command splashy spreads on the covers of the Miami Herald and the Wall Street Journal's Mansion section. To put it mildly, it was a major, major news item, not just because it could set a new record for the most expensive residential sale in South Florida, but because of the size, prominence, and history of the property itself.
