Today’s Number: $28.9 million

The exclusive waterfront neighborhood of Tahiti Beach reached a new height when the property at 4 Tahiti Beach Island Road recently sold for $28.9 million. The purchase set a new high for home prices in the Coral Cables neighborhood that features 26 estates on a private island.

The seller was represented by Chad Carroll with The Carroll Group at Compass, while Constantin Gorges from Compass represented the buyers.

The 3-story home, which comes with its own private beach, contains 10 bedrooms, 10 baths, two kitchens and 18,359 square feet of living space on a 1.42-acre lot. Amenities include a home theater, fitness center, wine tasting room, a spa featuring a sauna, steam room and massage room.

Designed by architect Ramon Pacheco, the house features European oak wood floors, coffered ceilings, custom fireplace and an outdoor terrace featuring a heated pool with views of the waterfront.

The luxurious and private neighborhood is home to former NBA star Ray Allen and current MLB player Manny Machado.

You May Also Like
Where the Billionaires Bought 

South Florida’s Defining Year in Luxury Real Estate.

Read More
Aerial view of a large, elegant white mansion with manicured gardens and palm trees, located on a beachfront with clear blue ocean and sky in the background. Neighboring luxurious homes line both sides. South Florida Business & Wealth
The Hamptons of South America?

Why Punta del Este May Be the Next Great Escape for American Buyers.

Read More
South Florida Real Estate Heats Up with Three Major Deals

From multifamily to office and redevelopment, this week’s top transactions across the tri-county market.

Read More
Mall Makeover

Fort Lauderdale’s Galleria Mall Gets New Life Under Retail Veteran Sandeep Mathrani

Read More
Other Posts
Excel Group Bets Big on Broward’s Growth Corridor

Private Equity Snaps Up Coconut Creek Hotel Portfolio for $21.17 Million

Read More
Big Four Firm Deepens South Florida Roots

PwC Expands Footprint in Palm Beach County Amid Wealth Migration Boom

Read More
Powering the Past and the Future

Florida Power and Light Turns 100.

Read More
The Real ROI: Boynton Beach’s New Housing Project

PulteGroup Tackles the Region’s Quiet Crisis: Housing the People Who Power the Economy

Read More