La Gorce Island spec mansion asks $38M

Home builder Thomas Danluck paid $14M for the land in 2014

Miami /
Jan.January 03, 2018 01:33 PM

34 La Gorce Circle (Credit: The Jills by Luxhunters)

Home builder Thomas Danluck has listed a waterfront spec mansion on La Gorce Island for $38 million.

The 11,000-square-foot, seven-bedroom estate at 34 La Gorce Circle sits on 23,000 square feet of property that includes 140 feet of water frontage on the exclusive Miami Beach island. The pricey listing comes as some spec-home developers, like Todd Glaser and Christian de Berdouare, are getting out of Miami Beach’s luxury market.

Coldwell Banker’s The Jills team has the listing, according to a press release.

Records show 34 La Gorce Circle Partners, a company controlled by Danluck, paid $14 million for the lot in 2014.

Danluck razed the former house there and built a mansion with a motor court, smart-home features, floor-to-ceiling windows, an open floor plan, a meditation garden, staff quarters and more. The property also includes a home theater, a glass-enclosed walk-in wine room, two kitchens, a master suite, an infinity pool and a waterfront cabana.

The island has been home to celebrities like Lil Wayne and Billy Joel. In June, Lil Wayne finally sold his waterfront home at 94 La Gorce Circle for $10 million, a deep discount off the original $18 million asking price.

In September, the family of U.K. sporting-goods billionaire Mike Ashley added to its holdings on the island by paying $5.1 million for a non-waterfront home on Brevity Lane near Ashley’s mansion at 42 La Gorce Circle.


Related Articles

arrow_forward_ios
(iStock)
South Florida resi construction starts soar in March
South Florida resi construction starts soar in March
Eden Multifamily heads Jay Massirman and Jay Jacobson with Cypress Equity Investments CEO Michael Sorochinsky (rendering courtesy of MSA Architects)
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
(iStock)
Home prices across globe hit records, prompting worries of bubble
Home prices across globe hit records, prompting worries of bubble
Steven and Beth Millner with One Thousand Ocean (Patrick McMullan/Getty, Google Maps)
Private equity honcho pays $5M for Boca Raton condo
Private equity honcho pays $5M for Boca Raton condo
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
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
arrow_forward_ios

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

Loading...