Late Property Patriarch Albert Reichmann's Pine Tree Drive Miami Beach Waterfront Estate Hits The Market For $29.9 Million

agent top miami real The personal Miami Beach waterfront estate of Albert Reichmann, the late billionaire property patriarch of the Reichmann real estate dynasty that built the World Financial Center in New York City, has hit the market for $29.9 million. The Reichmann family, an Orthodox Jewish family who fled Vienna in 1938 and founded Olympia & York Developments, became the largest private owner of commercial real estate in New York City for a period of time before financial issues and bankruptcy plagued the firm in 1992. They later founded O & Y Properties which they sold to Brookfield Properties in 2005. Known as Casa Egosita, Reichmann’s 1.3 acre waterfront estate is located on Miami’s iconic Pine Tree Drive. With its sprawling and luscious grounds, this home offers a serene and tranquil oasis amidst the hustle and bustle of the city. Casa Egosita features classic Spanish-style architecture with hints of Moroccan flair that enhance the seamless integration of indoor and outdoor living spaces throughout. Spanning six bedrooms, seven and half bathrooms on a vast 58,650 square foot lot, the one of a kind property showcases a magnificent exterior complemented by impressive interiors that feature luxurious finishes, high ceilings, and intricate details, which add to the overall elegance and sophistication of the home. Designed with waterfront living in mind, strategically placed windows and doors allow for an infiltration of natural lighting to flood inside. The spacious outdoor areas are perfect for hosting with a pool and spacious grounds for entertaining. The property features 150 ft of water frontage and a 40 ft dock to park a yacht. 4521 Pine Tree Drive is listed for $29.9 million by Saddy Abaunza Delgado & Chava Feigen with ONE Sotheby’s International Realty. Images via Jorge Chao / ONE Sotheby’s International Realty best bienes realtor
http://dlvr.it/SlJ81B

Comments

Post a Comment

Popular posts from this blog

Useful Information You Might Wanna Know About Heat Pumps

Image
best bienes realtor Are you currently trying to find a way to upgrade your household when the temperatures are low or do you want to install A/C because you would like to survive extremely hot temperatures? Whatever your goal may be, luckily, the market is loaded with outstanding options. That’s especially the case if we compare the current situation with the past. Nowadays, you can run into systems that are pretty affordable, not to mention sustainable for your household. What’s superb about heating pumps is the fact that they enable you to knock out your cooling and heating needs. With their help, you’ll be able to save a substantial amount of money on your utility bills. But what else needs to be said about them? If you’re looking to gather more helpful information when it comes to this, then keep reading! What Is Exactly A Heat Pump? A heat pump represents a system that is intended for both cooling and heating by transferring heat. Namely, when the temperatures are hi
Read more

Kathleen Kuhn Named President of MooveGuru

Image
MooveGuru recently announced that Kathleen Kuhn will become the company’s first female president in the its history. Seven months ago, Kathleen Kuhn joined the MooveGuru team as EVP of Strategy to help expand the company’s consumer services beyond the move and launch the YourHomeHub franchise offering. “I knew that we were bringing on an industry […] The post Kathleen Kuhn Named President of MooveGuru appeared first on RISMedia. http://dlvr.it/SBFHxw
Read more

New Construction Palm Island Spec-Mansion Sells For $32 Million Setting Record As Most Expensive Sale Ever On Palm Island

Image
agent top miami real A recently completed tropical modern spec-mansion on Miami Beach’s exclusive Palm Island has sold for a record $32 million, ringing in as the most expensive sale ever on the island. The buyer Ron Ozer who is CIO of hedge fund Statar Capital and the seller was real estate developer William Campbell. The buyer was represented by David Pullman with The Waterfront Team at ONE Sotheby's International Realty, while the seller was represented by Lourdes Alatriste with Douglas Elliman. The home was most recently listed for $39.9 million at the time of sale with Alatriste and was listed for as high as $51.9 million during construction. Located on a .7 acre lot at 158 Palm Ave., the new construction home spans 14,000 + SF of oceanfront with 7 bedrooms and 10 bathrooms. The main residence features 6 bedrooms while a detached 5 car garage offers a 2nd floor guest suite. The residence features multiple living spaces with water views and telescoping glass sliding doors to
Read more