Miami Beach Luxury Real Estate Percolates; La Gorce Island Estate Sells for $16M
The big sales in Miami Beach keep rolling on in. On the heels of a $15M sale at Setai South Beach and A-Rod’s $7.4M land purchase on N. Bay Road, 88 La Gorce Circle, on gated La Gorce Island, closed today for $16M.
The home, which was built in 2008, has 17,200 interior sf, 10 bedrooms, two docks, and a five car garage. The sale represents the priciest residential sale in Miami-Dade County this year. The property has been on the market since November 2008.
Click here for more pictures of 88 La Gorce Circle, La Gorce Island.
Check out more homes for sale on La Gorce Island
The second-most expensive property sold this year was 158 S. Prospect Drive in Coral Gables, for $14.1M.
Related Reading
- Miami Beach Real Estate- Has A-Rod Finally Stepped Up? $7.4M Acre of Land on Celeb-Studded N. Bay Road Sells
- Miami Beach Real Estate: Netscape Founder, Jim Clark, Lists Setai South Beach Penthouse for $27M, PH B Sells for $15M
- New: $20M on La Gorce Island –88 La Gorce Circle, Miami Beach