Five Pricey Miami Pieds-a-Terre Listed During Art Basel
by Rob Bear
The world famous art fair/wild party known as Art Basel Miami is in full swing this weekend, and Miami is chock full of deep-pocketed art world types. It seems that some of the city’s real estate brokers and sellers have taken the opportunity to list some of their most art-friendly properties and may find willing buyers among those looking to secure a permanent first-row seat to Art Basel Miami. This sprawling apartment in Miami Beach’s recently-renovated Fontainebleau Hotel boasts five bedrooms and seven bathrooms spread over nearly 5,700 square feet, with a wrap around sea-view deck and both a private lap pool and jacuzzi. All that, plus the available hotel services, push the price up to a whopping $11.75M. Even for an art market power player, that’s a bit much for one week a year.
For something more traditional, this impeccably renovated Mediterranean mansion lies on a golf course in the La Gorce neighborhood of Miami Beach. Listed for close to $3M, the house was originally built in 1935, but has been substantially updated since it sold last year, with six bedrooms, nine bathrooms, three fireplaces, a thoroughly modern kitchen, three-car garage and gated driveway.
Back on the mainland, on Miami’s Brickell Avenue, this 2,700-square-foot condo unit has so much wall space that even the most prolific art collector would have trouble filling it all. Plus, it’s a complete blank slate, a cavernous white-on-white space with a two-story wall of windows facing out onto Biscayne Bay and a huge terrace looking out over the water and the building’s communal pool. The two-bed, four-bath unit is listed for $1.95M.
↑ The stark modern look is all well and good, but in a tropical city like Miami, it’s a pity to forgo the potential for a lush garden. This $1.875M listing provides less than half an acre, but that small space is practically overflowing with greenery, along with a five-bed, six-bath house and the requisite South Florida swimming pool. Of course, securing green space like this for a price below eight figures means moving away from the center of town, so most Art Basel venues are at least fifteen minutes away by car.
A Miami property round-up wouldn’t be quite complete without a 1970s oddity. Located directly on Biscayne Bay, this “truly unique multi-level waterfront home” was completed in 1978 and won, at some unknown point in its history, awards for “‘best-designed architectural project in Dade’ and ‘excellence in architecture.'” It last sold back in October for $1.45M, but either the new buyer didn’t care to take on the project of restoring it or a flip was always on the cards, because now it’s back, asking $1.675M.
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