On market for over three years, 2046 North Bay Road sells for $9,750,000
Originally listed for $17M, 2046 North Bay Road is sited on a 38,314 sq. ft. lot. The newly-constructed 14,582 sq. ft. home sold for $668.63 psf. The estate has seven bedrooms, nine bathrooms, two half-baths, and a four car garage.
Prior to this sale, there have only been a handful of properties that have sold in the ultra-high end this year. Shaq’s Star Island home is on record as the highest sale of the year at $16M.
2009 Luxury Waterfront Sales
|1400 W 28th Street||List: $15.9M||Sell: $9.5M||Date: 9/2009|
|1330 W 29th Street||List: $6.9M||Sell: $5.02M||Date: 9/2009|
|2940 North Bay Road||List: $6.9M||Sell: $4.038||Date: 9/2009|
|34 Indian Creek Drive||List: $8.9M||Sell: $6M||Date: 9/2009|
|1727 W 27th Street||List: $8.25M||Sell: $6M||Date: 8/2009|
So the real story is that there was literally NO activity until June.
Pending Miami Beach Real Estate Sales (High End)
22 Indian Creek Drive, Indian Creek Island. $10.95M