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Miami Beach
February 2006 - Esslinger-Wooten-Maxwell (EWM) senior vice
president Nelson Gonzalez has listed 5020 North Bay Road, once the private
home of Carl Fisher, the developer of Miami Beach, for $40 million - the
highest price ever listed for a home in Miami-Dade County.
Built in
1927 by architect August Geiger, who along with Addison Mizner
 was responsible for many of South Florida's early
stately homes, the 20,000 square-foot bay front estate features 12 bedroom
and 19 baths, and is situated on a 68,642 square-foot lot.
The current
owners, Todd Michael Glaser, Chad Oppenheim and Armin Mattli, purchased
the estate in late 2005. Renovation plans for the Mar-a-Lago style home
are underway and include the addition of two two-story guest villas, each
with one bedroom plus living area; a carriage house; a poolside cabana;
and a 1,400 square-foot loggia with fireplace.
Oppenheim, a world-renowned architect, plans to maintain the integrity of
the home's Italian Renaissance-style design consistent with the additions.
The current owners will also enlarge the already-massive master suite,
upgrade the home's appliances, replace its windows and air-conditioning,
heating and electrical systems, and re-landscape the property with
foliage, fountains and pathways. The renovations are expected to be
completed in early summer 2006.
The
highlight of the property is its original 85 foot-high observation tower,
which offers views of Miami Beach, Miami and Biscayne Bay. Fisher added
the tower to seduce buyers, inviting them to select their parcel of land
from it.
In fact,
Fisher even had a bathroom included so potential buyers would not have an
excuse to leave the tower before choosing a lot.
"This home
is truly one-of-a-kind," says Gonzalez. "It is a home for someone who
wants a grand estate with historical significance, but also wants to be
able to turn the corner and have the excitement and culture of Miami at
their fingertips."
The estate
also features a wine cellar; expansive outdoor terrace; bank-size hidden
safe; a 2,000+ square-foot master suite with a separate 430 square-foot
terrace; street-front privacy wall; 270 feet of waterfront - the longest
of all the private homes in the city; and a massive dock built to
accommodate a large yacht.
Interior
details include coffered ceilings, mantelpieces made of carved stone, and
original wood floors, which have remained in excellent condition through
the years due to carpet and rug coverings.
For more information on this exquisite property, contact Nelson Gonzalez,
EWM, 305-674-4040 or visit http://www.ewm.com. |
