Found 2 blog entries tagged as Miami Real Estate.

Miami Beach Mansion Teardown Follows $15 Million Sale on Hibiscus Island

A luxury property on Miami Beach’s prestigious Hibiscus Island is set for demolition after being sold for a staggering $15 million. The 3,646-square-foot home, built in 1952, sits on a prime 21,000-square-foot waterfront lot. The sale price reflects the growing demand for land in this high-end neighborhood, where wealthy buyers often prefer to build new mansions rather than renovate older homes.

This transaction highlights a broader trend in Miami Beach real estate, where investors and high-net-worth individuals are willing to pay top dollar for land, even if it means tearing down existing homes. Let’s take a closer look at the details of this sale and what it signifies for Miami Beach's real estate market.

Image of the backyard view of the property

Details of the Sale

The property,…

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Jeff Bezos' Super Yacht Arrives in Port Everglades: Signaling a New Era for the Billionaire and Amazon in Florida

The billionaire founder of Amazon, Jeff Bezos, has made a grand entrance into Florida's waters with his colossal 417-foot sailing yacht, Koru, docking at Port Everglades. This move comes just weeks after Bezos announced his relocation back to Florida, marking a significant shift from his nearly three-decade residency in Seattle.

The arrival of Bezos' yacht isn't just a display of luxury but a signal of the tech mogul's growing interest in the Sunshine State. The Koru, recognized by Boat International as the world’s largest sailing yacht, is a testament to engineering and luxury, reportedly costing around $500 million to build.

Bezos' connection to Florida is deepening on multiple fronts. Nearly three years after stepping down as the CEO of…

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