Along the glittering shoreline of Miami Beach's most coveted neighborhood stands a waterfront estate listed at an astounding $169,000,000. Represented by Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty, this masterpiece is not only Miami’s most valuable home but a landmark of luxury and legacy in one of Florida's most exclusive communities.

North Bay Road

The mansion’s defining quality is its unmatched scale. “It’s a standout property because of its monumental size,” Gonzalez said. “It is the largest platted lot on North Bay Road, where most lots are 20,000 square feet with 100 feet of waterfront. The home spans over 102,000 square feet of land with 290 feet on the water, making it five times larger than most properties on this bayfront enclave.”

That magnitude alone sets it apart, but its history deepens its unique standing. “There are few other such exceptionally large properties, but all have been assembled from several smaller lots throughout the years,” Gonzalez explained. “Another rare feature is that the listing has not traded for 35 years and has been in the same family since 1991. That speaks volumes for its desirability and signifies its exclusivity.”

Beyond its sheer scale, the estate exemplifies the quality and lifestyle synonymous with Miami Beach's elite. North Bay Road has long been the address of choice for global icons and industry leaders—"David and Victoria Beckham, Phil Collins, Jennifer Lopez, Billy Joel, Matt Damon, Dwyane Wade—they've all chosen to live here." Its placement along the tranquil upper stretch of the road brings privacy, while maintaining quick access to La Gorce Country Club and the renowned Bal Harbour Shops.

Inside the Home

Even from the first approach, the experience is extraordinary. “As you first enter the gate, the grandiose curb appeal of the home and the dramatically long entrance lined with towering palm trees take your breath away,” Gonzalez said. “And then once you arrive on the waterfront side, views of endless open blue waters leave you in awe. If it happens to be at sunset, the views become glorious, with the Miami skyline as a backdrop.”

The existing residence spans more than 22,000 square feet of sophisticated living space and is designed to entertain on a scale that few private homes can accommodate. “The list of amenities is truly extraordinary,” Gonzalez said. “It’s not one particular thing that wows; it’s the combination of them all. To have a private tennis court, an indoor racquetball court, the ability to dock a mega-yacht in your backyard, a resort-style pool, a state-of-the-art movie theater, entertainment bar, billiards room, home office, sauna and spa, and an eight-car garage—all in the privacy of your own home—is unheard of in Miami Beach.”

Its placement at the tip of a curve on North Bay Road is ideal for yachting enthusiasts, offering not only unobstructed, panoramic water views but also seamless, direct access to open waters. “The position of the home offers a unique feeling of exclusivity,” Gonzalez noted.

While the home is already a showpiece, its potential is virtually limitless. “Someone who has $169 million to spend can certainly afford to make every detail to their liking,” Gonzalez said. “Based on the size of the lot, one can build well over 40,000 square feet with any amenities they wish.” Gonzalez described the estate as “a crown jewel fit for royalty”—a fitting title for a property that defines grandeur in one of the world’s most glamorous destinations.

Reach out to Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty to learn more.