The first estate built on Star Island in 1924 has sold for $57 million following an ultra-luxe mega-expansion. The transaction is one of the highest prices paid for a modern home in Miami-Dade. The seller was represented by Dina Goldentayer with Douglas Elliman, while the undisclosed buyer was represented by Chad Carroll with The Carroll Group at Compass.
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Coconut Grove Home Breaks The Record For Most Expensive Sale Per Square Foot On A Dry Lot
A non-waterfront home in Miami’s hot Coconut Grove neighborhood at 3467 Moorings Way has just broke the record price per square foot for a non-waterfront residence in Coconut Grove for the second time in a year after selling for $2,345 PSF. The property traded for $14.7 million in an off-market deal after selling for $12.8 million last year.
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Tour This Restored Classic 1929 Coconut Grove Estate Designed By De Garmo Which Just Sold For A Record $12 Million
Coconut Grove remains one of Miami’s hottest neighborhoods in Miami for luxury real estate. A non-waterfront home at 3467 Moorings Way has sold for $12.8 million, marking a record 2,000+ per square foot for a non-waterfront residence in Coconut Grove. The Mediterranean revival villa was originally designed and built in 1929 by Walter De Garmo.
Read MoreThe First Estate Built On Star Island In 1924 Lists For Record $90 Million Following Ultra-Luxe Mega-Expansion
The first estate built on Star Island in 1924 has hit the market for a record $90 million following an ultra-luxe mega-expansion. Located at 27 Star Island, the sprawling estate offers history and the ultimate in contemporary living with two distinct homes spanning 25,000 SF of living space on an expansive 40,000 SF waterfront lot.
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