Luxury North Miami Estate on Biscayne Bay Hits the Market for $12.99 Million
A Gated Paradise
A gated North Miami estate on Biscayne Bay that was once owned by two famed hoteliers is on the market for $12.99 million. The sellers, David and April Reimer, purchased the contemporary home in 2021 for a then-North Miami record $10.6 million from Neil and Jennifer Sazant, the former owners of the historic Sagamore Hotel South Beach.
A Brief History
The Sazants had scored a massive pandemic-era profit, as they had bought this home, at 1995 Northeast 118th Road, for $3.94 million in 2017, according to property records. They sold the iconic Sagamore Hotel South Beach in 2016 for $63 million.
The Property
The modern Point Lot property in the San Souci Estates sits on 0.43 acres and comes with 260 feet on the bay. At 5,671 square feet, the home features five bedrooms, six bathrooms, and is all about a modern indoor/outdoor lifestyle vibe. There’s also a one-bedroom, one-bath guest cottage on the property.
Features
The home, which was built in 1972 and renovated in 2015, opens to a foyer that leads to a sunlit great room with 20-foot-high ceilings and an open chef’s kitchen with water views. The main bedroom suite takes up the upstairs level, with walk-in closet space and a spa-like marble bath.
Outdoor Living
Outside, the grounds boast a pool with water views, an outdoor kitchen, and a covered loggia for alfresco dining. In addition, there’s a two-car garage, two docks, a boat lift, and a second lift for Jet Skis.
Listing Information
The listing broker is Chad Carroll of Compass.
Conclusion
This stunning North Miami estate offers the perfect blend of luxury, comfort, and outdoor living. With its prime location on Biscayne Bay, this property is a must-see for anyone looking for a unique and exclusive lifestyle.
Frequently Asked Questions
Q: What is the asking price of the property?
A: The asking price is $12.99 million.
Q: Who are the sellers?
A: The sellers are David and April Reimer.
Q: What is the history of the property?
A: The property was previously owned by Neil and Jennifer Sazant, the former owners of the historic Sagamore Hotel South Beach.
Q: What are the features of the property?
A: The property features five bedrooms, six bathrooms, a one-bedroom guest cottage, a pool, outdoor kitchen, and two docks with lifts for a boat and Jet Skis.
Q: Who is the listing broker?
A: The listing broker is Chad Carroll of Compass.
