Real Estate

See inside this $170 million Miami Beach compound, with three houses and a private park, that’s on the market as the most expensive home for sale in Florida


Courtesy of The Jills Zeder Group/1 Oak Studios

  • The most expensive home for sale in Florida right now has a $170 million price tag.

  • The 125,000-square-foot estate consists of four lots on an exclusive island in Miami Beach and has never before hit the market.

  • It boasts three homes, a private park, and 600 feet of waterfront property. Take a look inside.

A massive waterfront estate in Miami Beach, Florida, is setting two precedents right now.

For one thing, it’s hitting the market for the first time now, even though it was built in the 1930s. But most notably, with a price tag of $170 million, it’s the most expensive home for sale in the Sunshine State right now.

18 La Gorce Circle is on an uber-exclusive island in Miami Beach that’s home to around 60 homes. The massive compound is comprised of three houses and a private park. It is more than 125,000 square feet and boasts 12 bedrooms, 16 full bathrooms, and nine partial bathrooms.

Take a look inside the extravagant megamansion:

Look for the most expensive homes for sale in the US right now, and you’ll find at least one of them in Florida.

waterfront views from the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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That property would be 18 La Gorce Circle in Miami Beach.

outline of the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

Though the oldest structures on the compound date back to 1936, this is the first time it’s ever hit the market. With a price tag of $170 million, it sure is making a splashy debut.

the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

If it sells for that price, it’ll be Florida’s most expensive home sale ever.

a waterfront property surrounded by lush green trees in Florida

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It’s on the exclusive, guard-gated La Gorce Island, which is in Miami Beach, and has 600 feet of waterfront property.

an island on which is located the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

There are approximately 60 homes on the island, roughly half of which are on the waterfront.

an island on which is located the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

It’s “the largest assemblage of land currently available for purchase” in Miami Beach, according to its listing.

outline of the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

“There is nothing like it anywhere in Miami,” says Jill Eber, one of the estate’s listing agents, of The Jills Zeder Group, which is affiliated with Coldwell Banker Realty. “Such a unique assemblage in an in-demand city is something that rarely occurs, and for such an assemblage of land on prestigious, pristine guard-gated island like La Gorce to become available is even more unusual.”

“Scarcity of land has the value of land escalating in South Florida,” says Jill Hertzberg, the compound’s other listing agent, also of The Jills Zeder Group. “A discerning buyer, who desires to own a large piece in a landscape that is mostly single lots, has the opportunity for a grand estate, potentially multiple homes or two very large pieces. Normally, a buyer would need to coordinate different sellers and get an agreement by all of them to put together a piece as extraordinary as this one.”

an island on which is located the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

This estate consists of four adjacent waterfront properties at 16, 18, 22, and 24 La Gorce Circle. It is roughly 125,161 square feet, or nearly three acres.

outline of the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

There are houses on three of the parcels, each of which has its own private dock. All told, the compound has 12 bedrooms, 16 full bathrooms, and nine partial bathrooms.

the lawn of the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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Here’s the first: 16 La Gorce Circle.

an entrance at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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It has an expansive driveway to accommodate several cars.

a driveway at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

It’s a two-story home.

two stories in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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It has five bedrooms, including this one with a ceiling mural…

a room with many paintings in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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…as well as seven full bathrooms and three half bathrooms.

a bathroom in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

Here’s the kitchen…

a kitchen in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

…the living room…

a living room in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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…and the dining room.

a dining room in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

There are also two rooms…

a library in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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…fit for use as offices or studies.

a library in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

Outdoors, you’ll find a pool and cabana.

a pool in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

All told, 16 La Gorce Circle boasts five bedrooms, seven full bathrooms, and five half bathrooms.

waterfront views from the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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The middle property is much smaller.

a driveway in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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It’s, you guessed it, 18 La Gorce Circle.

a kitchen in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

Of course, it’s still bigger than an average US home.

a white room at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

It has two bedrooms, two full bathrooms, and one half bathroom.

a room with many windows in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

There’s also a guest house and a 5,000-bottle wine cellar, which was converted from a garage.

a room in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

Now for pool #2:

a pool at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

From the pool, you’ll find sweeping views of the downtown Miami skyline and nearby Biscayne Bay.

waterfront views at sunset from the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

And here we have the third and final home on the estate: 22 La Gorce Circle.

a driveway at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

With its manicured lawn, it has more greenery than the first two homes.

the lawn of the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

What else is unique to this third home?

a movie theater at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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Its movie theater, complete with posters of classic films.

a movie theater at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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The sunset from the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

sunset from the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

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This home appears to have the most modern interior design of the three houses.

a white room in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

Here, you’ll find more massive windows overlooking the water.

a white room with large windows in the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

The estate’s fourth and final parcel, 24 La Gorce Circle, is where you’ll find the private park.

a gazebo at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

It has a French name: Domaine de la Paix et de l’Amour. In English, that’s “the realm of peace and love.”

a statue on the lawn at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

The park is dotted with fountains and statues.

a statue at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

It also has a marble gazebo facing the bay.

a gazebo at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

Its greenery includes various flowers and shrubs, as well as palm, oak, and banyan trees.

a gazebo at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

As with each of the three homes on the estate, the park also comes with its own private dock.

a dock at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

As for the estate’s history, the compound previously belonged to a late doctor, entrepreneur, and philanthropist named M. Lee Pearce, who built and owned hospitals, other medical facilities, and banks.

a pool at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

Pearce first bought the two-bedroom home, 18 La Gorce Circle, in 1983. He paid $550,000 for it, a far cry from the current asking price.

skyline views from the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

He went on to purchase the three other lots in the late 1980s.

an island on which is located the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

At the time, there was a home on the fourth lot.

waterfront views from the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

Pearce had that fourth home torn down to build the private park. He used the two five-bedroom homes on the compound for entertaining and as staff quarters.

a gazebo at the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

He renovated 16 La Gorce Circle around 2010 and subsequently moved in. He lived on the estate until his passing in 2017.

an island on which is located the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

Now, it remains to be seen who will be the compound’s next owner. “It is a unique opportunity for a buyer who would be an end user who desires a piece of paradise with endless possibilities on a wonderful island that is exclusive but close to all major amenities of a large international city,” said Eber. “For a developer, it opens up many possibilities pending zoning and development approvals from the city.”

a statue on the lawn of the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

“This is a prized, trophy compound that many of the most discerning buyers have been waiting for years to come onto the market,” said Hertzberg. “This is truly a once-in-a-lifetime opportunity to live in one of the most beautiful locations in South Florida.”

outline of the most expensive home currently for sale in Florida, 18 La Gorce Circle in Miami Beach

Courtesy of The Jills Zeder Group/1 Oak Studios

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