North Bay Road waterfront home hits market: $9.95M

Built in 1951, home last sold for $2.978 million in 2009

TRD MIAMI /
Jan.January 05, 2016 05:15 PM

A waterfront, mid-century home at 6050 North Bay Road in Miami Beach has just hit the market for $9.95 million.

Nelson Gonzalez, senior vice president of EWM Realty International has the listing.

The 3,915-square-foot home, built in 1951, sits on a 19,685-square-foot lot, according to property records. It has four bedrooms and six bathrooms.

The property features floor-to-ceiling impact doors and windows, an open floor plan and a new kitchen. The home also a bar, media room and library, as well as a pool deck with cabana, new seawall, dock and boat lift, according to the listing.

“It’s a fabulous, mid-century modern home,” Gonzalez told The Real Deal.

Miami-Dade property records show the owner as Christopher Findlater, in care of Schaus Associates. He paid $2.978 million for the home in 2009.

According to his LinkedIn page, Findlater is an internet entrepreneur who focuses on online journalism, fair elections and climate change. He also calls himself an activist investor.

Findlater founded and was the CEO of NetQuote, which was purchased by Bankrate for $202.8 million in 2010, according to the New York Times’ DealBook.

His North Bay Road neighborhood in Mid-Miami Beach has seen much activity among buyers, sellers and spec home developers in recent months. Developer Peter Fine is building a 15,000-square-foot spec mansion at 6440 North Bay Road, priced at $30.5 million. His firm, To Better Days Development, is also building a spec home at 6010 North Bay Road.

In October, a waterfront mansion at 5930 North Bay Road, was listed for $29.5 million. Whitehall is one of many multimillion-dollar assets to be sold off following the tax fraud conviction of Mauricio Assor and his son, Leon Cohen-Levy.

In August, a nearly 1-acre waterfront lot at 5840 North Bay Road was listed for $19.95 million.

And in June, singer-songwriter Phil Collins bought Jennifer Lopez’s former North Bay Road waterfront mansion, at 5800 North Bay Road, for $33 million.

Over the years, Miami Beach’s North Bay Road waterfront has also attracted such celebrities as Ricky Martin, Matt Damon and Calvin Klein, who announced in May that he was selling his home at 4452 North Bay Road for $16 million.

 

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