Chicken Kitchen founder takes out $10M loan for North Bay Road manse

The waterfront home hit the market while under construction in December 2014 for $35.9 million

TRD MIAMI /
Jul.July 03, 2017 04:30 PM

5004 North Bay Road Inset: Christian de Berdouare and Jennifer Valoppi

Chicken Kitchen founder Christian de Berdouare and his wife, former TV journalist Jennifer Valoppi, just took out a $10 million mortgage on their luxury spec home on Miami Beach’s North Bay Road, property records show.

The couple received financing from Florida Community Bank, according to records.

The 17,055-square-foot waterfront home at 5004 North Bay Road hit the market while under construction in December 2014, for $35.9 million, or $2,105 per square foot, according to online listings. A little more than two years later, the asking price of the recently completed mansion remains the same.

De Berdouare was not immediately available for comment.

Named “Bakara Sesto Senso,” the resort-style mansion features seven bedrooms and 10 bathrooms and a nearly 3,500-square-foot third floor rooftop deck with infinity-edge pool. It was designed by architect Zeb Jarosz, and comes complete with custom-built Italian furnishings.

Jarosz is known for designing homes for Dan Marino and Matt Damon. He also designed a 40,000-square-foot mansion for Michael Jordan in Jupiter. The home’s interior designer is New York-based Jennifer Post Design, and the landscape architect is Raymond Jungles.

“I have assembled a world-class team and built a pretty exceptional house,” de Berdouare previously told The Real Deal. “It was never intended to be a spec house.”

Among the home’s features are two kitchens, two pools, an open atrium with a vertical garden, a private movie theater with seating for eight people, a wine room and a private gym. The master suite has a 9-foot by 5-foot marble bathtub carved out of a single slab of Carrara Statuario marble, which weighs more than 6,000 pounds and required special structural engineering of the entire home. The home also has a six car garage.

Though de Boudouare has not dropped the price of the recently completed home, price cuts are increasingly common as luxury home sellers adjust to the market in South Florida.

Last month a North Bay Road spec home by developer Peter Fine cut its asking price by 11.6 percent to $26.95 million. The asking price of the 15,000-square-foot waterfront mansion at 6440 North Bay Road equates to about $1,796 per square foot.


Related Articles

arrow_forward_ios
Daily Digest Miami

Ben Carson talks Opportunity Zones, top developers riff on condos vs. rentals: Daily digest

Rendering of Ten30 and Masoud Shojaee

Shoma Group launches lower-priced condo project near Lincoln Road

Condo at Glass Miami Beach sells at 15% loss

The Julia hotel, Jesper Arnoldsso

SMS Lodging lists Miami Beach hotel after selling another for $21M

Ritz-Carlton Residences Miami Beach

Dialysis exec nabs condo at Ritz-Carlton Residences Miami Beach

1835 West 27th Street and Oren Alexander

Venezuelan oil tycoon lists waterfront Miami Beach mansion for $17M

Miami Beach Mayor Dan Gelber and Natalie Nichols home at 1531 Stillwater Drive (Credit: Getty Images)

Miami-Dade judge strikes down Miami Beach short-term rental ban

Daily Digest Miami

Soffer in talks to buy Diplomat resort in Hollywood, 1-800 PetMeds founder sells Miami Beach house: Daily digest

arrow_forward_ios