A spec home on Miami Beach’s North Bay Road, where many celebrities have owned homes, returned to the market last month for $26.95 million.
The home was first listed by Douglas Elliman for $30.5 million in 2015 and later dropped to $29 million earlier this year. The listing was temporarily removed in May and came back onto the market with a new brokerage and a lower price tag.
Designed by Choeff Levy Fischman, the two-story residence features an abundance of expansive glass windows to connect indoor living with the entertaining spaces edging the Biscayne Bay.
The 15,000-square-foot mansion has a 40-foot wide living room, seven bedrooms, as well as nine full bathrooms and two half bathrooms, according to the listing with ONE Sotheby’s International Realty.
There is also a gym, an office, a home theater, dining and kitchen and a wine cellar. The interior of the modern tropical residence features Ipe woods and white stucco finishes, warm limestone cladding and custom Italian doors.
Outdoor amenities include an infinity pool, cabana, three-car garage, lush landscaping, wood dock and 100-foot water frontage.
“One of the home’s most unique features is a 2,500-square-foot rooftop deck designed for entertaining with views of Biscayne Bay and Downtown Miami to the west, and the Atlantic Ocean to the east—a rarity in Miami real estate,” said a statement from the developer, To Better Days Development.
The developer bought the site in 2013 for $6.6 million, according to property records.
North Bay Road is filled with celebrity residents, including NBA player Dwyane Wade, fashion moguls Tommy Hilfiger and Calvin Klein and former baseball star Alex Rodriguez.
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