miami beach Archives - Rava Realty

Beckhams Set Record with $72.3 Million Miami Beach Mansion Purchase

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David and Victoria Beckham have made headlines by purchasing a waterfront mansion in Miami Beach for $72.3 million, establishing a new record on North Bay Road. The 14,270-square-foot estate at 4736 North Bay Road features nine bedrooms. It was listed for $80 million.

The mansion includes nine bathrooms, four half-bathrooms, a gym, a spa, a home theater, a pool, and an outdoor kitchen. The property offers 124 feet of waterfrontage on a 0.6-acre lot.

The developer acquired the property for $10 million ...

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Miami-Dade Condo Sales Dollar Volume Sees Substantial Jump

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April saw a significant surge in condo sales in Miami-Dade County, with higher closings and total dollar volume than the previous month.

The momentum continued to build in April, with total condo sales reaching an impressive $849 million, a significant increase from the $694 million recorded in March. Brokers sealed the deal on 979 sales, a substantial jump from the 796 sales in March and 704 in February, according to Multiple Listing Service data from Redfin.

Leading the way was a $25 million unit sale ...

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Miami Beach’s Architectural Heritage Under Attack, Again

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Last May, Florida preservationists were relieved when a bill threatening historic coastal structures stalled in the House. However, similar proposals have reemerged for the current legislative session. The Senate version recently passed its first committee hearing despite opposition.

The bill suggests aging coastal buildings should be demolished if deemed unsafe or lacking flood-resistant features. Both House and Senate bills exempt single-family homes and structures listed in the National Register of Historic Places. Critics fear the changes could erode the unique character of tourist destinations like Miami ...

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Lincoln Road Welcomes Five New Tenants

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Miami Beach’s renowned outdoor shopping and dining destination, Lincoln Road, is set to welcome five new tenants by the end of October, enriching the mix of over 200 shops, galleries, and restaurants along its eight blocks.

The newcomers include:

  1. HOKA: An international footwear brand joining the likes of Nike and Adidas on Lincoln Road.
  2. Luli Fama: A South Florida-based retailer known for luxurious women’s swimwear.
  3. IT’SUGAR: An immersive candy experience store offering a vast array of candies.
  4. IT Italian Trattoria: A restaurant with an open kitchen providing diners ...
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DJ sells waterfront Sunset Islands home for $27M He can re-mix real estate pretty well!

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Miami Beach DJ and windsurfer Henrique Jordan has sold his waterfront residence on Sunset Island II for $27 million. The historic property, built in 1940 on a 0.7-acre lot at 2501 Lake Avenue, features 5,400 square feet of living space with five bedrooms and seven bathrooms. The allure includes 200 feet of waterfront, a pool, and a private dock. The buyer, a Delaware entity, remains undisclosed.

(source: therealdeal.com, picture: google maps)

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Jeff Bezos revealed as buyer on so called Florida’s ‘Billionaire Bunker’ island

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Billionaire Jeff Bezos, the third richest person in the world, reportedly paid $68 million to purchase a waterfront home in Miami’s Indian Creek Village, a guard-gated island north of Miami Beach. 

The mansion Bezos reportedly purchased was built in 1965 and expanded in 1985. It spans nearly 9,300 square feet with three bedrooms and three bathrooms on a 2.8-acre lot. 

Bezos will be among other billionaires on Indian Creek, including Tom Brady, Ivanka Trump and Jared ...

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