An elegant waterfront home in Miami Beach designed by Maurice Fatio resurfaced asking just under $8.5 million.
It’s the second priciest home for sale on Allison Island, behind this modern manse now asking $20 million, and was previously asking just under $13 million in 2013. The 6,911-square-foot redesigned residence has seven bedrooms, seven bathrooms, 135 feet of deep water frontage, and features a putting green designed by golf legend Jack Nicklaus, per the listing, which is held by EWM’s Nancy Batchelor.
Engulfed by banyan trees and lush tropical landscaping, there’s also a pool and hot tub overlooking Indian Creek, a billiards room, a chef’s kitchen, a staff quarters with private entry, and hand-painted murals on the wall by Mexican artist Ricardo Blum.
Fatio was a renowned Swiss-born American architect who lived in New York before moving to Palm Beach. He designed the mammoth Il Palmetto estate, which is on the market for $115 million.
The Allison Island home was built in 1935 and last sold in 2000 for just over $2 million. It was previously asking $25,000 to rent as recently as a month ago.