Former Sagamore Hotel Owners Sell Miami Home for Record Price

Real estate transactions in South Florida continue to produce all-time highs. The waterfront property at 1995 NE 118th Road in North Miami recently set a San Souci neighborhood record for $10.6 million.

The home features 264 feet of bayfront property offering views from Indian Creek Island to Downtown Miami. The interiors come with wide stripped oak wood flooring, double-height ceilings and six expansive bedrooms and six bathrooms. It sits on an 18,253 square feet lot that includes a private guest house and a two-car garage. The gated community’s location is within a five-minute drive of Bal Harbour Shops.

Dina Goldentayer with Douglas Elliman represented the buyers and the sellers were Neil and Jennifer Sazant, who Julian Cohen of Coldwell Banker represented.

You May Also Like
Waldorf Astoria Residences Break Ground in Pompano Beach with 70 Percent of Homes Under Contract

The Residences will feature 92 exclusive condominium homes.

Read More
Florida and Texas Are Gaining Residents at a Slower Rate, Redfin Reports

The rising cost of housing and the increasing frequency of natural disasters are slowing migration to Florida and Texas metros.

Read More
Live Local Act Could Finally Make an Impact on Housing

These proposed updates could finally fulfill the Act’s original promise – bringing critically needed housing to high-cost areas.

Read More
Luxury Development Glass House Boca Raton Breaks Ground

The nine-story residential development is slated for completion in Q2 2027. 

Read More
Other Posts
14 Florida Insurers Closed Over Half of Homeowner Damage Claims with Zero Payment in 2024

Weiss Ratings warns of worsening trends in Florida’s insurance industry, noting a sharp rise in homeowner claims closed without payment.

Read More
The Housing Search is Easing, but a Prolonged Trade War Could Derail Progress

Buyer difficulty is easing, owing to improving supply and less competition.

Read More
NFL Star Mike Pouncey Lists $6.95M Fort Lauderdale Home with Private Waterfront Football Field

Set on an oversized double lot just minutes from Las Olas, the three-story home includes five ensuite bedrooms and six and a half bathrooms.

Read More
Lynd Secures $132.5 Million in Refinancing for The Villas at Tuttle Royale

The bridge loan provided by MF1 Capital will retire a construction loan for the property,

Read More