Realtor.com
You’re not seeing double! Two megamansions on Miami Beach‘s uber exclusive Palm Island are being offered for one astronomical price after splashing on the market this week for $99 million.
The two-home property, which includes 1.38 acres of land, multiple docks for yachts, two swimming pools, and separate staff quarters, has made quite the impression on the housing market already, not only by topping the week’s most expensive homes list—but also by eyeing up what would be the record for the priciest residence to ever be sold on Palm Island.
Totaling 15 bedrooms between the two properties, the compound, which is owned by Jorge Luis Garcia, features 24,036 square feet of ultra luxurious space.
Other impressive highlights include a two-story dining room, built-in bar, primary suite with walk-in closet and covered terrace, and seaside loggia overlooking the in-ground pool with water features.
Intriguingly, the two properties are also being offered for sale as part of another listing, this time alongside a third residence, which takes the price tag up to $148.5 million.
The trio of homes, which has been nicknamed the Palm Compound, is made up of Garcia’s two homes, as well as an adjacent property owned by Juan Miguel Almeida and Adria Adrian Almeida, who wanted to try to take advantage of the growing interest in Palm Island properties by seeking a sky-high price for their waterfront abode.
Palm Island, which measures just 82 acres, is a man-made island in the Biscayne Bay; it’s home to just 136 homes—and of those, only 98 boast a waterfront plot.
Other jaw-dropping estates to make this week’s most expensive list include Garth Brooks and Trisha Yearwood‘s former Malibu, CA, mansion, a tennis estate in Los Angeles with canyon views, and a Montecito, CA, estate located next door to Harry and Meghan.
10. 255 E Lucas Riva Ridge Rd, Jackson, WY
Price: $40,000,000
Mountain compound: Located on 40.65 acres, this mountain retreat boasts six structures offering breathtaking views of the Grand Teton, the Teton Range, and the Spring Gulch Valley.
Built in 2001, the legacy compound features more than 9,000 square feet of luxurious space and a 1,296-square-foot garage. Highlights include exposed beam vaulted ceilings, several wood-burning fireplaces, modern kitchens and bathrooms, and covered patios.
The property, which was designed by Dubbe Moulder, is said to have been “inspired by American poet Eugene Field‘s whimsical Dutch lullaby ‘Wynken, Blynken and Nod.'”
(Realtor.com)
9. 826 Greenway Dr, Beverly Hills, CA
Price: $42,000,000
The Rutherford House: This French Revival–style residence, which is reported to have hosted some Hollywood weddings and once served as the home of “Gone With the Wind” actress Ann Rutherford, last traded hands in 2018 for $27.6 million.
The five-bedroom estate was built in 1938 and boasts 13,678 square feet of thoughtfully modernized space. A two-story entry opens up to a grand staircase. There are also formal living and dining rooms, a wood-clad office, Ruhlmann-inspired library, billiard room, and built-in bar. A morning room still features 18th-century wallpaper and an original fireplace.
A pool house inspired by Paul Williams overlooks an oval pool and manicured gardens.
(Realtor.com)
8. 28020 Sea Dr, Malibu, CA
Price: $42,000,000
Paradise Cove: This seven-bedroom seaside compound is owned by Adam Bernhard, an entrepreneur and the founder of HauteLook, who purchased it for $7 million in 2016 from country crooners Garth Brooks and Trisha Yearwood.
The five-bedroom primary residence’s open floor plan boasts white oak floors, hand-troweled plaster walls, vaulted ceilings, walls of glass, and a covered patio and sundeck overlooking the infinity-edge pool. A 2,500-square-foot reimagined guesthouse features a designer kitchen, two more bedrooms, and a game room.
The 1.1-acre lot with Pacific Ocean views also has two gated motor courts, a two-car garage, and a regulation-size tennis court with glass and steel pavilion.
(Realtor.com)
7. 30 Palm Ave, Miami Beach
Price: $48,000,000
Palm Island: This waterfront property is owned by Brazilian developer Leo Macedo, who purchased the lot in 2012 for $5 million and constructed a lavish nine-bedroom mansion.
Macedo has been trying to unload the 13,144-square-foot mansion since 2015 when it was listed for $32 million. It has been on and off the market since then, last appearing on the market in August 2024 for $43 million.
Opulent details include hardwood and marble floors, a gourmet chef’s kitchen overlooking the pool, a two-story living room with seaside views, and a primary suite with marble bathroom and bayfront balcony.
There is also a wine cellar, home theater, fitness center, pet room, dedicated staff quarters, covered patios, and a deep-water dock.
(Realtor.com)
6. 401 Arvida Pkwy, Coral Gables, FL
Price: $48,200,000
Gables Estates enclave: This seven-bedroom estate sits on a 1-acre seaside lot with 180 feet of water frontage that includes a private dock.
Found throughout the 11,135-square-foot opulent interior are a two-story sitting area with floor-to-ceiling fireplace, an office with custom wood built-ins, and a dining room designed for grand-scale entertaining. There are also marble floors, a fitness center, temperature-controlled wine cellar, and dedicated two-bedroom staff quarters.
The property also has covered terraces, an outdoor kitchen, an ocean-facing in-ground pool, water features including a waterfall, and a four-car garage.
(Realtor.com)
5. 570 S Mapleton Dr, Los Angeles
Price: $49,500,000
English country-style mansion: This 1.45-acre legacy estate located on the 14th hole of the Los Angeles Country Club is owned by the family of late inventor Ronald Katz and wife Madelyn.
Built in 1930, the historic five-bedroom residence remodeled in 1979 offers a “once in a generation opportunity to either remodel an existing home or build a new dream final estate.” Offered for the first time in decades, the 7,826-square-foot interior features coffered ceilings, two staircases, custom millwork, and built-ins.
The property also has an in-ground pool, lighted tennis court, and four-car garage.
(Realtor.com)
4. 12833 Chalon Rd, Los Angeles
Price: $58,500,000
Brentwood Country Estates: Nestled in the exclusive guard-gated enclave of just 13 homes, this six-bedroom tennis estate sits atop a promontory offering stunning canyon views.
The reimagined and redesigned 9,960-square-foot mansion being offered fully furnished provides the unique opportunity to “live in your own five-star resort.”
A grand interior has a welcoming lounge area, an entertainer’s kitchen with breakfast area, a temperature-controlled wine room, a fully equipped fitness center, and a first-floor guest suite.
Outside, the curated space boasts a pool with spa, an outdoor kitchen with dining area, a putting and chipping green, and olive trees lining a sunken and lighted tennis court with viewing pavilion.
(Realtor.com)
3. 1460 S Ocean Blvd, Manalapan, FL
Price: $64,500,000
Ocean-to-lake estate: This recently built spec mansion is owned by real estate developer Vivian Dimond of Bayshore Grove Capital.
Built in 2024, the waterfront residence boasts more than 25,500 square feet of space. Located on a 1.5-acre double lot, the property features 172 feet of direct frontage spanning from the Atlantic Ocean to the Intracoastal Waterway.
Designer highlights include a double-height foyer with cascading water feature, limestone and wide-plank floors, and glass walls to soak in the views. An ocean-facing wellness wing offers an indoor pool.
The property also has a salon, entertainment room, a saltwater pool, a 16-car “showroom” garage, separate staff quarters, and a 50-foot dock with boat lift and dual Jet Ski lifts.
(Realtor.com)
2. 700 Picacho Ln, Montecito, CA
Price: $65,000,000
Exclusive Montecito enclave: This 3.41-acre estate is owned by Maroon 5 singer Adam Levine and his supermodel wife, Behati Prinsloo, who purchased it three years ago in an off-market transaction for $52 million.
Built in 2009, the 13,362-square-foot mansion, which is located next door to Prince Harry and Meghan, was also the longtime residence of Rob Lowe and wife Sheryl Berkoff.
Highlights include a wood-clad bar, a dining room designed for entertaining, a catering kitchen, a home theater, fitness center and wellness area, and a primary suite with boutique-inspired closet and access to a private terrace.
Offering mountain and ocean views, the property also boasts two guesthouses, an in-ground pool, a tennis court, koi pond, vegetable gardens, and a chicken coop.
(Realtor.com)
1. 198 Palm Ave, Miami Beach
Price: $99,000,000
Two oceanfront mansions: This 1.38-acre property boasts two side-by-side estates with 200 linear feet of direct water frontage on Palm Island.
Offering a total of 15 bedrooms found throughout 24,036 square feet of ornate space, the legacy compound was acquired by owner Jorge Luise Garcia and the Adria, Maria, Adrian Almeida Trust. The luxury mansions have two swimming pools and are surrounded by lush gardens.
The property also has docks to accommodate multiple mega yachts.
(Realtor.com)