See inside this $170 million Miami Beach compound, with three houses and a private park, that's on the market as the most expensive home for sale in Florida
Courtesy of The Jills Zeder Group/1 Oak StudiosThe 125,000-square-foot estate consists of four lots on an exclusive island in Miami Beach and has never before hit the market.A massive waterfront estate in Miami Beach, Florida, is setting two precedents right now.
For one thing, it's hitting the market for the first time now, even though it was built in the 1930s. But most notably, with a price tag of $170 million, it's the most expensive home for sale in the Sunshine State right now. 18 La Gorce Circle is on an uber-exclusive island in Miami Beach that's home to around 60 homes. The massive compound is comprised of three houses and a private park. It is more than 125,000 square feet and boasts 12 bedrooms, 16 full bathrooms, and nine partial bathrooms.Look for the most expensive homes for sale in the US right now, and you'll find at least one of them in Florida.That property would be 18 La Gorce Circle in Miami Beach.
"Scarcity of land has the value of land escalating in South Florida," says Jill Hertzberg, the compound's other listing agent, also of The Jills Zeder Group. "A discerning buyer, who desires to own a large piece in a landscape that is mostly single lots, has the opportunity for a grand estate, potentially multiple homes or two very large pieces.
Pearce had that fourth home torn down to build the private park. He used the two five-bedroom homes on the compound for entertaining and as staff quarters.He renovated 16 La Gorce Circle around 2010 and subsequently moved in. He lived on the estate until his passing in 2017.Now, it remains to be seen who will be the compound's next owner.
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