$69,500,000

Positioned on highly coveted North Bay Road, this Mediterranean waterfront estate sits on an 18,700-sq-ft lot offering sweeping Biscayne Bay vistas. The property features a white stucco facade with terracotta roof tiles, deep loggias, and blue awnings. Designed around a private, U-shaped footprint boasting 5,685 sq ft of AC living space, the home centers on a tranquil inner courtyard. A stone-carved entryway opens into this lush sanctuary, highlighted by a reflection pool and vibrant bougainvillea. Multiple wrought-iron balconies and shaded terraces overlook the courtyard, creating a seamless indoor-outdoor flow. The waterfront is built for premier entertainment, showcasing over 100 feet of prime water frontage. A rectangular pool is framed by a stone balustrade, offering unobstructed open bay views. Beyond the pool deck, a private wooden dock provides immediate boating access and panoramic Miami skyline views. Highly secluded from the street by dense hedges and mature palms, a sprawling paver driveway leads to a two-car garage. Representing a solid base for improvements, remodeling, or additions, this is a rare opportunity to acquire and customize a legacy compound in one of Miami Beach’s most exclusive enclaves. Please check the 3D virtual tour and floor plans for more information.