Posh, Mediterranean home built in 1928 asks $16.449M

The estate has 12,000 square feet of new construction and includes a coral house.

By Carla St. Louis May 2, 2018, 9:30am EDT

If our past listings suggest anything, it’s that 1928 was a very good year for developmental projects in Miami.

For example, 1928 was the year Miami Senior High School moved from its Northeast First Avenue location to its current 2450 SW First Street address. This eclectic, Tudor-ish home that costs $592,000 was also built in 1928 in South Miami. Al Capone bought his Miami Beach mansion for $200,000 in 1928.

And this posh, Mediterranean estate that includes a coral rock home, a 13,201-square-foot main house, a 12,000 square foot new construction, and a 30,000-square-feet lot equipped with a 100 foot of waterfront is also a by-product of 1928.

The $16.499M home, that can be bought fully furnished, is listed by Brian Judge & Diana Garchitorena of Douglas Elliman.

The Zeb Jarosz-designed estate has a 2,000 square feet coral rock home that was completely gutted and renovated.

The home’s mortgage is $4,500,000 with the property’s annual listed as $175,000. The estate’s insurance cost about $50,000 a year.

The two-story home’s interior includes an expansive foyer and main hallway, eight bedrooms, ten full bathrooms, a master closet, and two-and-a-half bathrooms.