Juan and Ophelia Roca and 10321 E Broadview Push in Bay Harbor Islands (Fb/Philanthropy Miami, Michele Tessler Berlowitz)
Miami Metropolis Ballet benefactors Juan and Ophelia Roca purchased a waterfront teardown in Bay Harbor Islands for $9.5 million, placing a cost-for each-square-foot history for the city.
Data clearly show Bella Nath LLC, an Alaska company managed by the Rocas, bought the household at 10321 East Broadview Push from Jay and Joni Meiselman. Michele Tessler Berlowitz of Douglas Elliman represented the sellers, and Lydia Eskenazi with One particular Sotheby’s International Realty represented the buyers.
Jay Meiselman acquired the 4,037-sq.-foot, 5-bed room, five-rest room residence for $625,000 in 2000, documents present. Crafted in 1955, the .45-acre estate contains a pool and dockage for a 50-foot boat, according to the listing. Berlowitz said Meiselman, the proprietor of Jay Design Business, developed an addition on the dwelling that involved a further bed room and toilet.
Berlowitz claimed the sale to the Rocas established a new per-square-foot selling price history for Bay Harbor Islands, closing at $2,155-for every-sq.-foot.
“The waterfront will only go up in Bay Harbor. [It] was undervalued for so prolonged,” Berlowitz stated.
The Rocas intend to demolish the existing household and build a new one particular for their personal use, in accordance to Eskenazi.
The pair are longtime Miami spot citizens. They bought the mansion at 202 Bal Bay Drive in Bal Harbour in 2002 for $2.8 million, documents demonstrate. The Rocas are also pointed out donors in the nearby arts neighborhood. The Ophelia and Juan Js. Roca Heart at 2200 Liberty Avenue in Miami Seashore properties the Miami City Ballet and Miami Metropolis Ballet College.
Demand for waterfront home across Miami-Dade County surged all through the pandemic, when potential buyers who have been caught at property adopted a extra is extra way of thinking. Lockdowns are long over, but the frame of mind and price boosts continue to be.
Todd Allen Whitman and Karen Whitman, family members of the late Bal Harbour Shops founder Stanley Whitman, just bought their waterfront home in Miami Beach front for $9.5 million. The pair paid out $4.9 million for the household in 2017.
Songs govt Austin Rosen lately purchased his waterfront future doorway neighbor’s property in Miami Seaside for $12.5 million, aspect of a pattern of potential buyers in the space assembling compounds.
Radio host Tom Joyner offered his oceanfront Golden Seashore dwelling for $19 million in late July, up 80 p.c from his obtain selling price in 2015.
