PROFILEmiami South Florida Real Estate and Lifestyle

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Concierge Auctions and ONE Sotheby’s International Realty to Sell $159 Million Florida Estate Without Reserve

Playa Vista Isle, a Neoclassical work of art, is spread out on five acres on one of the highest points of Florida's "Millionaires Mile," and is one of the most expensive real estate listings in the country at $159 million. The unique estate will sell Without Reserve at a live auction on November 15th via Concierge Auctions in cooperation with ONE Sotheby's International Realty.

Completed in 2018 and ideally located in Hillsboro Beach, which is midway between the metropolitan areas of Miami and Palm Beach, Playa Vista Isle is the only Ocean-to-lntracoastal Waterway estate on the entire Gold Coast to offer both 500± feet of private oceanfront beach as well as two deep-water docks.

With 11 bedrooms and 22 bathrooms, Playa Vista Isle's amenities include: the world's first private 3D-IMAX© in-home theater, a 20-car garage with secure tunnel access, 3,000± bottle wine cellar with individually-controlled temperature and humidity secured by biometric access with an adjacent tasting room, 4,500-square-foot heated infinity edge pool, a Jacuzzi perched 40 feet above the ocean featuring unobstructed panoramic views of the horizon, 13 water features including six waterfalls, and a putting green.

These unique features, among many others, establish Playa Vista Isle as oen of the most unique, premier properties in the entire country. Encompassing more than 58,000-square-feet, the property was carefully constructed using hand-selected finishes from around the globe highlighted with 22-karat gold leaf gilding. Playa Vista Isle was awarded the "World's Best Property”, “Best Residential Property-Florida”, and “Best Architecture Single Residence-Florida" by the International Property Awards.

Sean Murphy of Coastal Construction states, “Our client not only wanted a house with world-class finishes, he wanted a house built to last generations. At every stage of construction, no expense was spared. A house this size with the same spare-no-expense approach, ultra-high-end finishes, and over-the-top unique features like an IMAX theater, could easily have construction costs in excess of $100 million for the building itself.”

The property is a piece of structural art that cannot be replicated, which makes it very difficult to value and lends itself well to the Concierge Auctions platform.

Article by: Stephanie Warren

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