South Florida by the numbers is a web feature that catalogs the most remarkable, bizarre and surprising real estate statistics.
Crypto may be the hot new commodity in town, but South Florida real estate will always be the first choice for celebrities of all genres and generations. Actors, musicians and models are drawn to the Magic City and its charms as much as the rest of us, and chic hotel suites can only satisfy for so long. While Miami Beach’s North Bay Road and Palm Beach’s North End remain historic favorites, today’s luminaries also branch out into up-and-coming neighborhoods like Bay Point and Downtown Miami, underscoring the region’s development and maturity. We’re reaching for the stars – and their humble new whereabouts – this month in South Florida By The Numbers.
$ 35.4 million
Price that “Rocky” and “Rambo” star Sylvester Stallone paid in December for a North End mansion in Palm Beach. The property was built in 2014 and comprises three separate buildings: the main house, a guest house and a guest pavilion with seven bedrooms, 10 bathrooms, views of the water and more than 75 meters of sandy beach. [TheRealDeal]
Square footage of a Bay Point mansion recently purchased for $ 11 million from singer Joe Jonas and Game of Thrones actress Sophie Turner. The house, which includes six bedrooms and eight and a half bathrooms on 0.4 acre property, was once owned by legendary Cuban-American musician Willy Chirino. [TheRealDeal]
First news agency to cover the purchase of a $ 9.6 million home on North Bay Road from model Cindy Crawford and husband Rande Gerber (but the original report did not identify the house or the price.) The house with five bedrooms and 3,800 square feet was built in 1955 and includes a pool and more than 30 feet of waterfront. [TheRealDeal]
Downtown Miami luxury condominium tower where reggaeton singer, songwriter and rapper Nicky Jam recently bought a unit for $ 6 million. The half-story apartment has five bedrooms and five bathrooms, Italian walk-in closets, Crestron home automation and lighting, designed by German lighting designer Uli Petzold. With this purchase, Mr. Jam (real name Nick Rivera Caminero) becomes the neighbor of soccer legend David Beckham and Spice Girl Victoria Beckham in the building designed by Zaha Hadid. [TheRealDeal]
Feet to the waterfront of the former “guest house” of Miami icons Emilio and Gloria Estefan, which was recently sold for $ 35 million. The house on 1 Star Island Drive sits on 58,332 square feet of prime waterfront land and was the Estefans’ guest house for more than 20 years. The main house is a sprawling, two story Floridian style home with five bedrooms, four bathrooms, and one half bath. [TheRealDeal]
This column is produced by the Master Brokers Forum, a network of elite South Florida real estate professionals who are invited to membership and based on excellence, ethical and professional conduct.