A palatial Florida estate on Hibiscus Island is hoping to get exponentially more than what it sold for 18 months ago.
Jeff Bezos shares nostalgic video to reveal he’s ditching Amazon’s Seattle birthplace for MiamiFashion designer who’s dressed Beyoncé and JLo asks $3M for Miami penthouse
In Miami Beach’s guard-gated community of Hibiscus Island, this seven-bedroom, 7.5-bathroom beachfront compound is seeking $37.5 million, more than $8.3 million above what it sold for in May 2022, the Wall Street Journal. It speaks to the surging values in real estate in the area, which for the past several years has been fueled by high demand for living in the Sunshine State.
The sellers, the founder of mobile games publisher Tilting Point Kevin Segalla and his wife, the investment manager Michelle Segalla, purchased the property off-market from developer Ilya Karpov last year, when area prices were significantly lower, according to the Journal.Primely located minutes from both South Beach and Miami’s downtown core, the residence is set on a 15,750-plus-square-foot lot, boasting more than 7,800 square feet of living space and 90 feet of Biscayne Bay waterfront.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A Miami Beach Home Is Asking Millions More Than What It Sold for Just Last YearPoolside view of Kevin and Michelle Segalla's spec home on Hibiscus Island, Fla., listing for $37.5 million. VIDEO: 1 OAK STUDIOS/THE JILLS ZEDER GROUP
Read more »
Vilano Beach residents say they found live animals inside dumpsters from to beach restoration projectLocals said they found dumpsters loaded with shells and some living creatures in them, all believed to be scored from the ocean floor.
Read more »
Six Flags and Cedar Fair, Dorney Park's parent company, to merge in $8M dealThe combined company will continue to use the Six Flags name and operate a portfolio of 27 amusement parks, 15 water parks and 9 resort properties across North America.
Read more »
More than 1.8M Toyota RAV4 vehicles recalled due to replacement battery fire riskToyota said it is working on a remedy that would replace the battery hold-down clamp, battery tray, and positive terminal cover at no cost to owners.
Read more »
More than 1.8M Toyota RAV4 vehicles recalled due to replacement battery fire riskToyota said it is working on a remedy that would replace the battery hold-down clamp, battery tray, and positive terminal cover at no cost to owners.
Read more »
Toyota recalls 1.8M RAV4 SUVs over fire riskToyota announced a voluntary safety recall for nearly two million RAV4 vehicles between the model years of 2013 and 2018 on Wednesday, due to fire risk regarding batteries.
Read more »