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Luxury Real Estate Miami, Gables Estates

In the luxury real estate market of Miami, one of the most exclusive and expensive gated communities is Gables Estates. And, a home in this community belonging to the late Miami philanthropist Bunny Bastian has recently come onto the market for a whopping $45 million.



The price is no surprise when considering that the waterfront property spans nearly 2 acres and offers buyers the opportunity to renovate or rebuild according to their preferences. Liz Hogan, who brought the listing to market last week, says it's likely that someone will buy the property with plans to construct their own luxury home from scratch. However, she notes that it would also be possible to renovate the existing home on the property - though it would likely require 3 times the budget.



No matter what direction a new buyer takes, there's no doubt that an expensive luxury home will soon occupy this well-known piece of land in Gables Estates.


With luxury real estate in Miami becoming increasingly popular, buyers are always on the lookout for properties that offer something unique. One such property is a 11,478-square-foot spread with 200 feet of frontage on Biscayne Bay and another 200-foot strip of frontage on a private and protected waterway. This rare feature is sure to attract plenty of attention from luxury buyers in the Miami area. So if you're looking for a unique property with waterfront views, this may be the perfect option for you.






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