Miami Beach spec home hits market: $6.5M

Miami /
Oct.October 23, 2015 06:00 PM

A spec home on Flamingo Drive in Miami Beach was just listed for $6.495 million.

The newly built home, at 2901 Flamingo Drive, was developed by Michael Capponi, chairman and co-founder of Capponi Group Corp.

 It is being listed by Oren Alexander , co-founder of the Alexander Team at Douglas Elliman.

“It’s within 500 yards of the Edition and the Faena,” Alexander told The Real Deal. “You can walk, because there is a walking bridge next to the property.”

The 6,700-square-foot home has six bedrooms, seven-and-a-half baths and 300 feet of water frontage on Indian Creek. Its features include a gourmet kosher kitchen, staff quarters, and a master suite with 13-foot ceilings, a private office, two balconies and a Jacuzzi. A separate guest home has a master suite and gym. Outdoors is a pool, infinity hot tub and private dock.

Miami-Dade property records still show the predecessor home, built in 1935, with 3,853 square feet.

Records show 2901 Flamingo Drive LLC, whose manager is Jose J. Iglesias, bought the property in May 2013 for $1.82 million.


Related Articles

arrow_forward_ios
Ethan and Ruthie Assouline (Getty, Assouline Team)
Assouline Team returns to Elliman after stretch at Compass
Assouline Team returns to Elliman after stretch at Compass
Joe Azar with rendering of Clara Bay Harbor and Chetrit Group’s project in the Miami River district (LinkedIn, Clara Homes, Getty images)
Compass agent Joe Azar jumps to Elliman
Compass agent Joe Azar jumps to Elliman
Bragi Sigurdsson (BragiMiami.com, Getty)
Bragi Sigurdsson leaves Elliman to start Side-backed firm
Bragi Sigurdsson leaves Elliman to start Side-backed firm
Arno De Vos ( Arno De Vos, Getty)
Arno De Vos leaves Douglas Elliman for Cervera
Arno De Vos leaves Douglas Elliman for Cervera
Julie Jones (Getty)
Florida Luxurious Properties sues ex-partner Julie Jones over Elliman jump
Florida Luxurious Properties sues ex-partner Julie Jones over Elliman jump
South Florida resi sales plunge in Q1, prices climb in Q2
South Florida resi sales plunge, prices climb in second quarter
South Florida resi sales plunge, prices climb in second quarter
Douglas Elliman CEO Jay Parker with a rendering of Clara Bay Harbor and Chetrit Group’s project in the Miami River district (right) (Clara Homes, Douglas Elliman)
Elliman’s new development rental arm expands into South Florida
Elliman’s new development rental arm expands into South Florida
Julie Jones (Florida Luxurious Properties)
Top Broward broker Julie Jones joins Douglas Elliman
Top Broward broker Julie Jones joins Douglas Elliman
arrow_forward_ios

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

Loading...