AmeriSave CEO buys North Bay Road teardown for $8M

Bart Reines flipped it, after buying the home in July for $6M

Miami /
Nov.November 19, 2020 02:30 PM
6050 North Bay Road (Google Maps)

6050 North Bay Road (Google Maps)

The CEO of AmeriSave Mortgage Corp. paid $8.2 million for a waterfront Miami Beach teardown next door to his mansion.

Records show Patrick Markert bought the home at 6050 North Bay Road from 6050 North Bay Road LLLP, a Florida partnership that links to luxury homebuilder Bart Reines.

AmeriSave Mortgage Corp., founded in 2002, is an online mortgage lender based in Atlanta.

Markert already lives next door at 6020 North Bay Road, which he bought in 2014 from actor Matt Damon for $15.4 million. It’s a 9,500-square-foot estate with multiple buildings, totaling nine bedrooms and 10 bathrooms, records show.

Bart Reines flipped the home at 6050 North Bay Road, after purchasing it for $6 million in July from Christopher Findlater.

Nelson Gonzalez with EWM Realty International represented both sides in the latest deal.

The 3,678-square-foot house is on almost half an acre of land along Biscayne Bay. The home, originally built in 1951, has four bedrooms, four bathrooms, a two-car garage, a pool with a cabana and a dock with a boatlift.

In September, Reines bought a LaGorce Island home for $6.8 million. Last year, he built a Miami Beach home that sold for $16 million.

North Bay Road waterfront properties have sold for sky-high prices this year, including Shutterstock founder Jonathan Oringer’s record-breaking $42 million purchase of a waterfront mansion. Other sales on North Bay Road reached the double digits, including hospitality mogul David Grutman’s purchase of a home for $10.3 million and Keith Menin’s sale a waterfront home for $23.5 million.






    Related Articles

    arrow_forward_ios
    Phil Gutman with Bess Freedman and Mark Zilbert (Linkedin, Freedman by Studio Scrivo)
    Phil Gutman leaves Brown Harris Stevens Miami
    Phil Gutman leaves Brown Harris Stevens Miami
    Peter Thiel with 445 to 441 East Rivo Alto Drive (Getty)
    PayPal co-founder Peter Thiel revealed as buyer of Miami Beach mansions
    PayPal co-founder Peter Thiel revealed as buyer of Miami Beach mansions
    Ophir Sternberg with the Ritz-Carlton Residences, Miami Beach and the land for the villas (Lionheart Capital)
    GFI buys land for second phase of Ritz-Carlton Residences Miami Beach
    GFI buys land for second phase of Ritz-Carlton Residences Miami Beach
    (iStock)
    South Florida resi sales jump in Q4: Elliman
    South Florida resi sales jump in Q4: Elliman
    Richard Bressler and Lisa Gersh with 1425 West 25th Street, Miami Beach (Getty, Google Maps)
    Media titans buy Sunset Islands home for $5M
    Media titans buy Sunset Islands home for $5M
    Ruthie and Ethan Assouline lead Compass’ Assouline Team. (The Assouline Team, iStock)
    Compass’ Assouline Team expands to Miami Beach
    Compass’ Assouline Team expands to Miami Beach
    Images of Arte, Ritz-Carlton Residences Miami Beach, Ritz-Carlton Residences Miami Beach and One Thousand Museum (One Thousand Museum via One Sotheby's)
    Buyers shift to condos as waterfront single-family luxury inventory dwindles in South Florida
    Buyers shift to condos as waterfront single-family luxury inventory dwindles in South Florida
    Chris Bosh and his North Bay Road home, 6396 North Bay Road (Getty, One Sotheby’s International Realty)
    Chris Bosh sells waterfront Miami Beach mansion for $15M
    Chris Bosh sells waterfront Miami Beach mansion for $15M
    arrow_forward_ios

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

    Loading...