The luxury single waterfront home market in Miami Beach experienced a rise in sales during 2010. Seven homes were sold for over $9 Milllion Dollars.
One of these homes sold in June of 2010 was my Spanish Colonial Waterfront listing in Palm Island, 55 Palm Ave .
The sale of 55 Palm became the 3rd highest priced sale in Miami Beach in that year. The top price sale of a waterfront home went to 88 La Gorce closed in June 2010 for $16M and the 2nd highest priced home sold was 6396 N Bay Road closed in September 2010 for $12,333,000.00.
All of these three top priced homes sold in 2010 were brand new construction with over 12,000 sq. ft. of living area.
Sale Price: $ 16,000,000 Sale Price: $ 12,333,000 Sale Price: $ 11,950,000
Sale: 06/11/2010 Sale: 09/24/2010 Sale: 06/16/2010
Bedrooms: 10 Bedrooms: 7 Bedrooms: 8
Baths: 12 & 3 ½ Baths: 8 & 2 ½ Baths: 9 & 2 ½
SqFt Liv Area: 17,183 SqFt Liv Area: 12,000 SqFt Liv Area: 12,184