On Hibiscus Island in Miami Beach, a modern home has been listed for $37.5 million – Robb Report

Talk about a home flip!

Last year, Kevin Sigala, founder of mobile game publisher Tilting Point, bought an unfinished 7,800-square-foot mansion in Miami Beach. At the time, he struck an off-market deal with developer Ilya Karpov and acquired the contemporary Hibiscus Island property for $29.1 million, as The Wall Street Journal Reported for the first time. Now, Sigala and his wife are moving to Spain and have paid a whopping $37.5 million for their elegant waterfront home.

“Over the past two years, my office in Barcelona has grown tremendously, and I now need to spend more time in Barcelona,” Sigala said. Wall Street Journal. The residence is located along Biscayne Bay, on a gorgeous 15,750 square foot lot with 90 feet of water frontage. In all, the Ralph Schiff-designed suite features seven bedrooms, eight bathrooms, high ceilings, natural oak floors, and a wood-paneled elevator.

Hibiscus Island Palace in Miami Beach

A waterfront mansion on Hibiscus Island, Florida, is for sale.

“This is the first time on the market that this stunning new home has been built on the prestigious guard-gated Hibiscus Island,” Jill Eber of Jills Zeder Group said in a press release. “This is the perfect property with a dock featuring sweeping views of the downtown skyline and everything today’s discerning luxury buyer is looking for.”

The first floor contains all the entertaining spaces, including the media centre, dining room, cocktail lounge and open-plan family kitchen with a 108-bottle wine cabinet to store your wine. There are also giant telescoping glass doors that not only flood the space with natural light, but also retract to reveal panoramic views of the Miami skyline. Outside you’ll find an infinity pool, porcelain tile deck, summer kitchen and rainforest-inspired gardens.

Hibiscus Island Palace in Miami Beach

The home is located along Biscayne Bay and overlooks the Miami skyline.

A floating glass-and-wood staircase will take you to the master suite on the second floor, which features a large sitting area, walk-in closets and an en suite spa-like bath. However, the best part is the private balcony that has a tiled plunge pool.

“This is more than just a house; “It’s an indoor-outdoor oasis,” added Jill Hertzberg of Jills Zeder Group. “Its architectural brilliance, natural beauty and immaculate décor combine to create a truly luxurious Miami lifestyle.” It is also a great place for entertainment, and, for everyone Wall Street Journalthe Segallas family often hosted parties during Art Basel and the Miami Grand Prix.

Click here to see all photos of the 320 S Hibiscus Drive.

Hibiscus Island Palace in Miami Beach

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