Miami Beach Waterfront Compound On La Gorce Island Under Contract For $132M

A Miami Beach waterfront compound located on La Gorce Island, comprising four parcels with its own docks, is now under contract with two separate buyers. The property, spanning nearly 3 acres, was initially listed for $170 million but is now under contract at a price of $132,000,000. The deal surpasses the previous record of $107 million and was listed by Coldwell Banker Realty agents.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $132,000,000
• Address: 18 Lagorce Circle
• Market: Miami Beach
• Asset Type: Single Family
• ACRES: 3

The brokers representing the property in this record-breaking transaction are Daniel Hertzberg, Jill Eber, and Jill Hertzberg from Coldwell Banker.