Home deals between powerful characters have for quite some time been the standard in South Florida — yet a Mid-Miami Beach house selling for almost twofold in 16 months shows that costs are similarly essentially as remarkable as the purchasers and venders.
Property records show electronic dance music supervisor Myles Shear sold his home at 3300 Chase Avenue in Mid-Miami Beach to “Siesta Key” television star Samuel Logan for $12.5 million — $5.9 million a bigger number of than Shear’s past price tag. The property was recorded last year for $13.8 million, as indicated by Redfin.
Shear, a Miami Beach local who found house music whizzes Kygo and Thomas Jack, had paid $6.6 million for the house at year-end 2020. It was worked in 2016. He had sold his North Bay Road home in Miami Beach one month preceding that buy for $4.2 million.
Logan was an entertainer in season three of “Siesta Key,” and will be back for season four, as indicated by distributed reports. Toward the finish of last year, he sold his — suitably put — home on Siesta Key for $6.8 million, Sarasota Magazine detailed in January. The house was recorded for 112 Bitcoin, and Logan paid the commission for his real estate professional and co-star, Lexie Salameh with Living Vogue, additionally in Bitcoin, the article states.
Records show Logan’s new 5,363-square-foot house accompanies five rooms, five restrooms and one-half washroom. It is across the road from the Miami Beach Golf Club.
Extravagant home costs in Miami Beach — alongside the remainder of South Florida — have risen emphatically as rich purchasers run to the area.
Last month, proprietor of Anatomy Fitness, Chris Paciello, sold his non-waterfront North Bay Road home in Mid-Miami Beach for a record $9 million. Also, in February, Michelle Simkins flipped her bayfront Mid-Miami Beach home for $21 million, over two times its past deal value a year sooner.
This month, a spec home engineer sold a waterfront Venetian Islands home in Miami Beach for $23.5 million, and a tech power couple paid $21.5 million for a waterfront Venetian Islands property.