Many celebrities and, few notorious notables, today call Miami Beach and the surrounding island communities home including: Alonzo Mourning, Anna Kournikova, Antoine Walker, Barry Gibb, Chayanne, Cristina Saralegui, Don Shula, Dwayne Wade, Gloria Estefan, Hulk Hogan, Janet Reno, Jennifer Lopez, John, Secada, Julio Iglesias, Lenny Kravitz, Madonna, Matt Damon, O.J. Simpson, Pat Riley, Ricky Martin, Robin Gibb, Rosie O’Donnell, Shakira, Shaquille O’Neal, Sylvester Stallone, and Gianni Versace.
I'd like to highlight the latest estate sales in the South Beach and greater island of Miami Beach over for the past three months:
A total of TWENTY FOUR waterfront properties have SOLD on Palm, Hibiscus, North Bay Road, Sunset Islands, and the various other island chains off of Miami Beach since June 30, 2010. This is not surprising, given that Miami Beach waterfront real estate is the most desireable address if you are a view & location devotee and want to live in one of the most beautiful places on the planet! In my opinion, the most desireable waterfront homes and condominiums look out over Biscayne Bay, revealing amazing sunsets.
The six most recent noteworthy recent waterfront sales in Miami Beach:
- 6396 North Bay Road SOLD for $12.3M on 9/10
- 5245 Pine Tree Drive SOLD for $5.25M on 9/10
- 5005 Lakeview Drive SOLD for $2.5M on 8/10
- 216 Palm Avenue SOLD for $2.425M on 9/10
- 81 North Hibiscus SOLD for $2.175M on 7/10
- 803 East Dilido Drive SOLD for $1.9M on 7/10
Today's savvy buyers are taking advantage of the last few years price reductions, realizing there’s real value in premier waterfront real estate in the island communities of Miami Beach, along North Bay Road (facing Biscayne Bay), the Sunset Island Chain I - IV, the Venetian Island Chain which includes San Marco and Biscayne Islands, as well as Palm and Hibiscus Islands between Miami and South Beach. These premier waterfront homes are in limited supply- you can't grow or build another island!