What does $18,000,000 buy you in Coconut Grove?

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Yesterday I was out looking at Broker’s Opens in the Grove and stopped by the home located at 3575 Stewart Avenue which is priced at $18,000,000.  Typically homes in this price range can be too over the top for my taste, but this one was surprisingly not.  It was finished with understated elegance and had the best views of Biscayne Bay I have ever seen in Coconut Grove.

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The home is located on a 3 sided waterfront acre in the gated community of Entrada Estates.  It boasts 8 bedrooms, 7.5 baths, 10,000 sq. ft. of living space, a gourmet kitchen overlooking the family room, wet bar, billiard room, 2 sided fireplace and each room takes complete advantage of the gorgeous views.

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Single family homes in this price range are more commonly found in Coral Gables and in Miami Beach so it will be interesting to see if Coconut Grove can support such a price.

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