With Miami’s abundance of luxury residential developments and proximity to both the bay and ocean, it’s no revelation to see so many active homes for sale with jaw-dropping price tags.
In taking a look at the pinnacle of the Miami real estate market, we now learn five homes are listed at $40 million or higher with at least another dozen exceeding the $30 million mark. As for lavish homes sold in Miami-Dade county in 2016, three changed hands for over $25 million apiece, according to Zillow.
In mapping out the 11 highest priced homes in Miami-Dade, we’re headlined by a two-way tie at the top in a couple of $65 million listings, both hitting the market in the last few months, and a two-way tie at the bottom.
1) Apogee South Beach penthouse
Tied for No. 1 is the two-story Apogee penthouse in South Beach, equipped with a whopping 13,000 square feet of terrace.
2) 46 Star Island Drive
Also topping the list is this Mediterranean mansion on Star Island with 250 feet of bay frontage and nearly 20,000 square feet of living space.
3) Faena House penthouse
Rounding out the Top 3 is Ken Griffin’s Faena House penthouse, which originally listed for a surreal $73 million before breaking off into two separate listings a year ago with the second unit now asking $18 million.
4) 8901 Arvida Lane
A new addition is this 13,000-square-foot Mediterranean in Coral Gables with 245 feet of water frontage sitting on nearly 2.4 acres.
5) Casa Bahia
Next we have Casa Bahia, Coconut Grove’s goliath listing, which was designed by filmmaker Alejandro Landes in collaboration with Zyscovich Architects and Shorecrest Construction. It was originally asking $50 million.
6) 3 Harbor Point
Here is a colorful and gigantic waterfront home in Key Biscayne that listed in April.
7) 321 Ocean penthouse
Here we have the penthouse at 321 Ocean in South Beach. It’s undergone a slew of reductions after originally listing for $53 million back in December 2015. It boasts some of the best views in all of South Beach.
8) 400 South Mashta Drive
Our next unicorn listing is on Key Biscayne and was featured in the 2006 rendition of Miami Vice.
9) 1 Star Island Drive
The second priciest home on Star Island is “Nina’s Villa,” owned by Emilio and Gloria Estefan. It’s been on the market for over two years.
10) 252 Bal Bay Drive
At No. 10 is a two-way tie, starting with Bal Harbour’s finest, which was designed by Chad Oppenheim and featured in Maxim, with supermodel Sara Sampaio testing out the pool.