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The Real Deal Miami

Miami Beach home sells for $20M

October 03, 2011 10:14AM

A home at 4580/4570 North Bay Road in Miami Beach has been sold for $20
million. The property, which is owned by developer Thomas Ireland, was
listed by One Sotheby’s International Realty’s Raymond Bolduc II and
Mayi De La Vega. The 50,000-square foot-home, which has eight bedrooms
and nine bathrooms along with three half bathrooms is one of a series
of ultra-luxury properties to sell on tony North Bay Road. “The luxury
real estate market in Miami Beach remains an international destination
and continues to grow,” Bolduc said. — Alexander Britell