Jennifer Lopez' former Miami Beach home was back on the market and off the market on the same day!- this time listed at $37.5 million. The open bay, North Bay Road home located at 5800 North Bay Rd has quite a listing history. Price has increased and decreased in the past few years and went back on the market this month at the new listing price. We can agree that although celebrity status is a nice perk when buying and selling Miami Beach homes, it is not totally necessary and the market speaks for itself. We can see Lebron James' house in Coconut Grove, for example, as one that has not sold - maybe because it's overpriced and also because of location. Shakira's home in Miami Beach, is yet another example that has not sold and recently pulled off the market. What this means is that buyers are savvy and look for location and attributes, it's not just about celebrity status. JLo's former house, purchased for $13.9 Million back in 2005, and the home has all the luxury and bells and whistles you would expect from a $37.5 million home - from wide bay views, 200' of water frontage, a massive 52,000+sq.ft. lot, private dock, boat lift, and most importantly...impeccable design details for the most discerning buyers. The marketing description reads as follows:
The ultimate European Contemporary Estate w/200 ft on wide Bayfront w/Miami Skyline views & glorious Sunsets! Sited on over 52,000 sf of exquisite gardens & swaying palm trees, this sophisticated estate was transformed w/impeccable style. Details abound w/2 story rotunda foyer, open living & dining rms open to bay & courtyard w/koi pond, wine cellar, media rm, master suite w/massive closets, gym, summer kitchen, dock/lift, large pool/spa & total privacy for the most decimating buyer. The best of the best!
- 12,153 sq.ft. of living space
- originally built in 1929 and completely remodeled and updated
- 7 bedrooms / 8 bathrooms / 3 half-baths
- 3-car garage
- 184' X 286' Lot - 52,881 sq.ft.
- 2-story - Mediterranean style home
- guest/in-law quarters
- pool and spa
- koi pond
- wine cellar
- media room
- summer kitchen
- dock and lift
Here are some photos, courtesy of Zillow.com - If you are interested in this house or any other Miami Beach Home, please contact us to set up a consultation appointment. We specialize in architecturally significant real estate as well as historic homes in Miami.