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Miami Beach Luxury Home – La Gorce Island

When you think Miami Beach Luxury Homes, La Gorce Island always comes up.  The scale of La Gorce Island homes is unquestionably impressive and vistas from surrounding islands always leaves you wanting more.  Waterfront homes in La Gorce Island are some of the largest in Miami Beach and the house we are featuring today is the perfect representation of that with 260 feet of water frontage, sitting on the Northeast corner of the island – protected from the elements.

88 La Gorce Cr – Miami Beach, FL  33141

Listed for $19,500,000 SOLD for $16,000,000 on June 11, 2010

Here we have one of Todd Michael Glaser’s impressive Luxury estates.  Haute Living Magazine’s Stephanie Wilson gives us the scoop:

His impressive projects are scattered throughout Miami-Dade and beyond. He “started” the design district. He has appeared on HGTV. He built the house featured on Hogan Knows Best. Todd Michael Glaser’s name is one you should know, but he doesn’t necessarily want you to know it.

The home is impressive to say the least – contemporary, simple, austere and phenomenal.  With over 20,000 square feet of living space, sitting on a 48,000 square foot lot, guest cabana, elevator, 5-car garage, amazing landscaping….what else could you want?  My only concern of course is that we have not seen any waterfront sales in La Gorce in 2009….the whole mega luxury home real estate market in Miami Beach is at a standstill….waiting waiting waiting.  The house has been active for sale since January of 2008 starting at $25,000 ($5,500,000 reduction is not bad at all).  It’s also currently for rent at $100,000 per month and known to house a few celebs on a short-term basis.

The MLS description reads as follows:

New modern estate on prestigious La Gorce Island, 260′ waterfront, 2 docks, stunning lap pool  and spa, elevated guest house/cabana built for peaceful relaxation, oversized rooftop terrace, double high end kitchen appliances, staff house, 5-car garage, generator.  Unique marble staircase leads to a splendid master suite with designer bath, terrace overlooking pool and manicured landscaping, commercial Otis elevator.  the ultimate sun drenched masterpiece!

WARNING:  it’s not you, photos above ARE blurry….courtesy of our MLS

Property Features:

  • Built in 2008
  • Living square feet:  20,000
  • Lot square feet:  48,000 (185′ X 260′)
  • 5-car garage
  • 260′ of water frontage with 2 docks
  • 10 bedrooms / 12 bathrooms / 3 half baths
  • Guest house/cabana
  • staff house
  • pool and spa
  • elevator
  • faces Northeast
  • La Gorce Island location

**property information courtesy of South East Florida Multiple Listing Service and Esslinger-Wooten-Maxwell, Inc. **

3 thoughts on “Miami Beach Luxury Home – La Gorce Island

  1. Beautiful home – the waterfront in Miami looks very tempting for a vacation right now. Our waterfront homes in Seattle are starting to pick up in sales, but the winter will probably keep them down a bit.

  2. I love the architecture of this beautiful home. How is the luxury market doing in Miami Beach? Sales of $1M+ homes in Palm Springs are starting to pick up. I am hoping this is a good sign for the real estate market in 2010.

    Thanks for the disclaimer- I thought my eyes were failing me.

  3. Hi Sam,
    The weather in Miami is glorious! 🙂 of course it’s tempting! There really is not down time for real estate in Miami…..I just go brrrr when I think of Seattle.

    Harold – so do I, the details of this home are impeccable. The luxury market is not doing bad and when it comes to homes it’s moving under the $2.5 million range – the higher end homes like this one are not seeing much movement…I expect that market to decrease a bit in the coming months.

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