Ryan Mendell Of Maxwelle Real Estate Represents Buyer In $74.25M Sale Of Waterfront Mansion In Miami Beach

This sale involved a single-family home located at 88 La Gorce Drive in Miami Beach. The property is situated on 1.1 acres of land and features a total square footage of 15,942. The sale price reached $74,250,000, translating to $4,658 per square foot. The property sold is known as "OKTO," a waterfront mansion that includes nine bedrooms.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $74,250,000
• Address: 88 La Gorce Drive
• Market: Miami Beach
• Acres: 1.1
• Square Feet: 15,942
• Price per Square Foot: $4,658
• Buyer's Representative: Ryan Mendell - Maxwelle Real Estate
• Seller's Representative: Nelson Gonzalez - Berkshire Hathaway HomeServices

Nelson Gonzalez of Berkshire Hathaway HomeServices brokered this transaction, marking it as the priciest single-family home sale in the La Gorce Island community and the second-highest sale ever recorded in Miami Beach. The property was developed by Todd Michael Glaser and designed by Carlos Prio-Touzet, going under contract just two weeks after it was listed.