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Sold for $74,250,000
  • $74,250,000

    88 La Gorce Cir, Miami Beach, FL 33141

    9beds
    15,942sqft
    Single Family Residence
    Built in 2008
    1.1 Acres Lot
    $72,045,400 Zestimate®
    $4,658/sqft
    $100,305 Estimated rent

    Home value

    $72,045,400

    $62.68M - $82.85M

    $100,305/mo

    Zestimate® history
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    What's special

    Waterfront estateOpulent master suiteDeluxe bathEntertainment roomWater viewsSoaring ceilingsContemporary design
    Welcome to OKTO, an extraordinary waterfront estate with striking contemporary design on guard-gated La Gorce Island – currently, largest available single-family home in Miami Beach! Sited on exquisitely manicured, 1.1-acre (48,027-sf) lot with 260-ft waterfront, this lavish mega-mansion has been meticulously maintained. Grand entrance leads inside the main house featuring a 100-ft long living room with soaring ceilings, Guggenheim-inspired staircase with skylight, & water views. Chef’s kitchen, formal dining, and gym on 1st floor; upstairs, entertainment room, opulent master suite with immense closet, deluxe bath, terrace, and 4 beds. Amenities include 2 docks, 100-ft pool, rooftop, elevator, guesthouse, 5-car gar, 2-bed staff quarters. Absolutely astounding, ideal for a discerning buyer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nelson Gonzalez PA 305-674-4040,

    BHHS EWM Realty

    Bought with:

    Ryan Mendell, 3012816

    Maxwell E Realty Inc

    Source: MIAMI,MLS#: A11741997MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 15
    • Full bathrooms: 12
    • 1/2 bathrooms: 3
    Rooms
    • Room types: Den/Library/Office, Family Room, Florida Room, Media Room, Recreation Room
    Heating
    • Central, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Bar, Closet Cabinetry, Kitchen Island, Elevator, Separate Guest/In-Law Quarters, Maid/In-Law Quarters
    • Flooring: Other
    • Windows: Complete Impact Glass, Skylight(s)
    Interior area
    • Total structure area: 21,659
    • Total interior livable area: 15,942 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Circular Driveway, Driveway, Garage Door Opener
    • Attached garage spaces: 5
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry
    • Exterior features: Barbecue, Lighting, Balcony
    • Has private pool: Yes
    • Pool features: In Ground, Gunite, Heated, Other
    • Has spa: Yes
    • Has view: Yes
    • View description: Bay, Intracoastal View
    • Has water view: Yes
    • Water view: Bay,Intracoastal View
    • Waterfront features: Ocean Access, WF/Pool/Ocean Access, Bay
    • Frontage type: Bay/Harbor
    • Frontage length: 260
    Lot
    • Size: 1.1 Acres
    • Features: 1 To Less Than 2 Acre Lot
    Details
    • Additional structures: Guest House
    • Parcel number: 0232110050030
    • Zoning: 2100
    • Other equipment: Whole House Permanent Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS Construction
    • Roof: Concrete
    Condition
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: Gated, Maintained Community, Card/Electric Gate
    • Security: Smoke Detector
    • Subdivision: La Gorce Island
    HOA
    • Has HOA: Yes
    • HOA fee: $16,875 annually
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $4,658/sqft
    • Tax assessed value: $52,716,914
    • Annual tax amount: $473,236
    • Date on market: 2/21/2025
    • Listing terms: All Cash

    Price history

    DateEventPrice
    4/24/2025Sold$74,250,000-15.6%$4,658/sqft
    Source: MIAMI #A11741997 Report a problem
    3/31/2025Pending sale$88,000,000$5,520/sqft
    Source: MIAMI #A11741997 Report a problem
    2/21/2025Listed for sale$88,000,000+128.6%$5,520/sqft
    Source: MIAMI #A11741997 Report a problem
    1/8/2021Listing removed--
    Source: BHHS EWM Realty Report a problem
    12/31/2020Listed for sale$38,500,000+1874.4%$2,415/sqft
    Source: BHHS EWM Realty #A10976547 Report a problem
    6/25/2010Listing removed$1,950,000$122/sqft
    Source: Beach Front Realty Report a problem
    5/29/2010Price change$1,950,000-90%$122/sqft
    Source: Beach Front Realty Report a problem
    1/1/2010Listed for sale$19,500,000-22%$1,223/sqft
    Source: RDK Realty LLC Report a problem
    10/30/2008Listing removed$25,000,000$1,568/sqft
    Source: Postlets #M1200907 Report a problem
    9/9/2008Listed for sale$25,000,000$1,568/sqft
    Source: Postlets #M1200907 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$621,130 +31.3%$22,384,436 +10%
    2024$473,236 +23.9%$20,349,488 +10.3%
    2023$382,049 +12.2%$18,442,942 +10%
    2022$340,544 +4.9%$16,766,311 -0.3%
    2021$324,604 +2.4%$16,811,808 +2.6%
    2020$317,075 -0.5%$16,378,185 -0.4%
    2019$318,754 +2.6%$16,448,872 -0.4%
    2018$310,637 $16,519,561 -10.9%
    2017$310,637 -14.4%$18,535,120 +10%
    2016$362,696 +14.8%$16,850,108 +10%
    2015$315,858 +10.6%$15,318,281 +10%
    2014$285,673 +2.7%$13,925,710 +10%
    2013$278,028 0%$12,659,737 -2.6%
    2012$278,028 +55.1%$13,001,210 +50.1%
    2011$179,253 -1%$8,659,896 +5.5%
    2010$181,110 +0.1%$8,207,453 -6.7%
    2009$181,006 +871%$8,799,117
    2001$18,641 --
    Find assessor info on the county website

    Neighborhood: La Gorce

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $72,045,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $72,045,400