Kylie Jenner's $20 Million Art Basel "Rental"

Kylie Jenner took Art Basel in style by "renting" 440 South Hibiscus Drive which is currently on the market for $20 million. She was accompanied by her boyfriend Tyga who took the stage at the popular Miami nightclub E11even. The modern home is 6,700 SF, with 6-bedrooms. It also includes a rooftop lounge with 360 views, movie theater, bar, gym, outdoor entertainment area with infinity pool, summer kitchen, hot-tub, fire pit, and private dock with boat lift. While TMZ was reporting that the home rents for $8,000 per night, Miami Beach has had a serious crackdown on short-term rentals of single-family homes with fines starting at $20,000. The owner holds that Kylie Jenner stayed in the home as part of an Art Basel event and that she is friends with the owner. The owner also holds to never listing the home on AirBNB and AirBNB has confirmed that it has never been rented out through the service. The home is currently listed Julian Johnston and Calibre International Realty.

Featured Listing: W South Beach Penthouse Lists for $18 Million

The W South Beach is alive and well as Penthouse #PH26/2 has listed for $17,890,000. The 3,595 SF corner unit features 4 bedrooms and 5 bathrooms with an interior fully designed and furnished by Steven G. The pricing comes out to $4,976 SF, a steep ask in a market that has shown signs of slowing up. The unit features expansive outdoor space with wrap-around balconies with unobstructed views to the east, south and north of the building. The unit also includes smart house technology including a Control 4 system, leather wood-encased interior doors, leather wall paneling and glass walls that can be changed from translucent to opaque with the press of a button. Located at 2201 Collins Ave., the W South Beach Resort Residences provide residents with resort style living at one of the finest, most popular and iconic hotels in South Beach. Listing and photos by One Sotheby's International Realty. 

Featured Listing: 7321 Belle Meade Island Drive

7321 Belle Meade Island Drive, a 5,823 SF Mediterranean Italian Villa on Belle Meade Island, has hit the market for $5 million. The home is owned by Steven Perricone, the owner of the popular Brickell hotspot Perricone's Marketplace & Café. The home is 5 bedrooms and 7 bathrooms with a 3,000 SF basement, 2 story living room, 800 bottle wine cellar, chef's kitchen, 80' of waterfront and a marble fireplace. It is currently listed with Jeri Jenkins of Coldwell Banker Real Estate. 

Enrique Iglesias Former Home Villa Jasmine Listed for $21.5 Million

The former Sunset Island home of Enrique Iglesias, known as Villa Jasmine, has been relisted for $21.5 million. The listing price equates to roughly $3,209 SF and is cut down from the original February 2015 asking price of $25 million. The home features Moroccan and Indian style throughout with 6,700 SF of living area and a main house with 5 beds, 5.5 baths along with a 1 bedroom, 2 bathroom guest house. It also features 150' of waterfront on Biscayne Bay complete with a private dock, rooftop jacuzzi, home theater, mosaic fountain and outdoor entertainment area complete with a summer kitchen, glass beaded pool and unobstructed views of the Miami skyline. It is currently owned by PetMed Express found Marc Puleo and located at 1771 N View Drive. It is currently listed with Mirce Curkoski and Albert Justo of ONE Sotheby's International Realty. 

Featured Listing: 7413 Fisher Island Drive Unit 7413

One of the most finely finished units on Fisher Island has taken a 20% price cut to $16.9 million. The 7,696 SF, 5 bedroom, ground floor, "center stack" residence is finished with Jerusalem stone floors, Venetian Plaster walls and hand painted wall and ceiling murals make this one of the most unique units currently on the market. The unit also includes a custom bar, formal dining room, chef's kitchen, wood-paneled study, 800-bottle wine cellar, master suite with marble master bath as well as over 5,300 SF of outdoor space complete with a private infinity pool. Stunning views of Miami Beach, the Atlantic Ocean and Government Cut throughout as well as one-of-a-kind direct beach access via private stairway. The unit was originally listed for $30 million in 2011 before dropping to $21 million and now $16.9 million with the Jills of Coldwell Banker Real Estate. Photos via Coldwell Banker Real Estate. 

Miami Beach Home Shown on The Real World Sells for $2.71 Million

The famed Miami Beach home from The Real World located at 1200 W 63 ST Miami Beach has sold for $2.71 million. It belonged to Roman Jones, one of the managing partner of the former Opium Group. The home is 6 bedrooms, 7 bathrooms with a half-bath over 6,660 SF. It features a blend of classic Miami Beach style with exposed beam and beach style wood along with some modern features including the home being draped in Ipe wood and synthetic turf along with a rooftop terrace and tiki hut. The home was originally listed for $3.895 million in January 2015 with Dina Goldentayer and Sladja Stantic of Douglass Elliman. 

46 Star Island Lists for $65 Million

The legendary 46 Star Island, the iconic cul-du-sac estate at the end of Miami Beach's exclusive Star Island, has listed for a whopping $65 Million. The mansion is 18,356 SF that spans the entire point of the island and was originally built in the 1920's. The old world style is evident throughout the residence, which the owner just recently restored to an absolutely pristine condition. The home has over 40 rooms including 10-bedrooms, a massive wine cellar, home office, library, living room, chef's kitchen, dining room, and maids quarters with two separate condo style staff living areas. The estate also features 255 feet of waterfront on Biscayne Bay complete with two private docks, a boat lift, beautiful statue lined swimming pool, cabana, along with exotic landscaping, gardens, courtyards and terraces throughout the property. 

46 Star Island Dr. is now the most expensive single-family home for sale in Miami-Dade County at $65 million, followed by a penthouse unit at Faena House and Casa Bahia in Coconut Grove asking $55 million and $50 million respectively. The listing price comes in around $3,530 SF. The owner originally paid $1.83 million for the 1.4 acre property in 1987. The home is currently listed by Mirce Curkoski & Albert Justo One Sotheby's International Realty as well as Alexa Iacovelli. The home is surrounded by Viagra founder Philip & his wife Patricia Frost's estate 21 Star Island as well as Lennar Corp. founder & CEO Stuart Miller's estate and his other various Star Island holdings 22 Star Island and 11 Star Island. Photos via One Sotheby's International Realty. Stay tuned for a tour and more coming soon. 

FEATURED LISTING: Allison Island 7 Bedroom Lists for $9.325 Million

A waterfront, midcentury modern seven bedroom home on the exclusive Allison Island neighborhood of Miami Beach has listed for $9.325 million. The home is 7,358 SF with seven bedrooms and eight bathrooms and was originally built in the 1950's before being renovated in 2008.  The home features a 1200-gallon koi pond, courtyard, gas fireplace, 300-bottle wine cellar, two master suites, wet bar, marble floors throughout, and landscaped backyard with a pool along with 80 feet of waterfront with a private dock. The property last sold in 1999 for $905,000. The home is located at 6444 Allison Rd, Miami Beach with Hector Vazquez of Coldwell Banker Real Estate. Photos by Coldwell Banker Real Estate. 

FEATURED LISTING: Triplex Penthouse #PH1602 in the Miami Beach EDITION Lists for $25.999 Million

#PH1602, The three-level penthouse from atop the Miami Beach EDITION has listed with The Jills for $25.999 Million. The unit was previously listed for $27 million. The 5,246 SF unit features 4 bedrooms, 6 bathrooms and a huge rooftop terrace with views of the Atlantic Ocean, Biscayne Bay, Miami Beach, Sunny Isles, Downtown Miami and Brickell. #PH1602 was was designed by architect John Pawson. The residence features 20-foot floor-to-ceiling windows, teak woods floors, custom staircase, interiors by Steven G., Bulthaup gourmet kitchen and a huge rooftop terrace complete with a summer kitchen, outdoor entertainment area and a 36' private rooftop pool. The Miami Beach EDITION is located at 2901 Collins Ave. Listing and photos by The Jills with Coldwell Banker Real Estate.

Faena Hotel Penthouse Unit 1401 to Hit Market at $14 Million

The fully furnished, two-story penthouse on top of Faena Hotel Miami Beach is slated to hit the market shortly for $50 million. Unit 1401 is one of twelve private residences at the Faena Hotel Miami Beach. The unit is 9,979 SF with an additional 4,435 SF of outdoor space with private terraces and a rooftop deck. It features 6 bedrooms, 5 bathrooms and 4 half-baths. The pricing breaks down to around $5,010 SF. The unit was designed by film producer Baz Luhrmann and designer Catherine Martin to match the art-deco old-world ambiance, luxury and style of the Faena Hotel and district which opened in December 2015 on the site of the former Saxony Hotel. Alan Faena had announced last month that they were shelving the future Faena Versailles residential condominium project in order to better assess the market in favor of a potential hotel at the same location. Listing and photos by Douglas Elliman.