La Gorce Island home sale sets pricing record

Miami /
May.May 06, 2014 09:45 AM

A La Gorce Island home in Miami Beach broke the sale price per square foot record for Miami-Dade County, according to the property’s listing agent.

The 34 La Gorce Circle residence sold for $14 million on Monday, broker Danny Hertzberg told the Miami Herald. Built in 1941, the six-bedroom, six-bathroom house is expected to be razed by the buyer, who was not disclosed. The 4,846-square-foot home is located on a nearly 23,000-square-foot property with wide bay views.

Miami-Dade County has not recorded the transaction.

Hertzberg, the son of luxury broker Jill Hertzberg, is part of Coldwell Banker’s The Jills Team.

The buyer paid $611 per square foot for the property, or $2,889 per square foot for the home. The previous price per square foot record sale occurred in December 2013, when 2550 Bay Avenue sold for $529 per square foot for the land and $2,230 per square foot for the house. That was also a teardown. [Miami Herald]Eric Kalis


Related Articles

arrow_forward_ios
Julian Cohen and the lot at 5840 North Bay Road (Jahmar Amani, Google Maps)
Spec home developer Felix Cohen sells North Bay Road lot for $17M
Spec home developer Felix Cohen sells North Bay Road lot for $17M
Don and Katrina Peebles with their Old Cutler Road home (Getty, The Jills Zeder Group/photography by 1 OAK Studios)
Developer Don Peebles relists Coral Gables estate for $15M
Developer Don Peebles relists Coral Gables estate for $15M
Prive at Island Estates and BH3’s Charlie Phelan, Greg Freedman and Daniel Lebensohn and Gary Cohen
Privé at Island Estates developer sues Suffolk Construction over defects
Privé at Island Estates developer sues Suffolk Construction over defects
Pierre Brondeau and Palazzo Del Sol
Pesticide exec pays $14M for Palazzo Del Sol condo
Pesticide exec pays $14M for Palazzo Del Sol condo
Howard Lorber and 1525 North View Drive
Howard Lorber buys waterfront Sunset Islands home for $12M
Howard Lorber buys waterfront Sunset Islands home for $12M
2201 Sunset Drive and David Grutman (Credit: Douglas Elliman)
Hospitality mogul David Grutman lists Sunset Islands home
Hospitality mogul David Grutman lists Sunset Islands home
Jim Cohen, Fontainebleau Development’s president of Residential, and Jeffrey Soffer, with SeaGlass Jupiter
Jeffrey Soffer’s Fontainebleau Development launches sales of Jupiter Island luxury condos
Jeffrey Soffer’s Fontainebleau Development launches sales of Jupiter Island luxury condos
2138 Bay Avenue, Miami Beach (Credit: Google Maps)
Toronto financier pays $14M for Sunset Islands home
Toronto financier pays $14M for Sunset Islands home
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...