Limestone Asset Management Lists New Construction Contemporary Home at 531 NE 52nd St. in Miami’s Historic Morningside Neighborhood for $5.85 Million

Miami-based Limestone Asset Management is pleased to list its new construction, contemporary home located at 531 NE 52^nd St., Miami, FL 33137 in Morningside, a beautiful, historic and guard gated residential community in Miami. The home is listed for $5.85 million, which, if sold at this price, would be the highest price per square foot for a non-waterfront home in Morningside. It is also the only new construction home currently listed for sale in Morningside.

Brandon Brugal and Uccio Zecchini of Miami’s BZG International are the listing agents. BZG International is a full-service real estate brokerage firm in Miami. Brugal and Zecchini are also a part of Tetra Group, an experienced real estate investment firm in Miami.

Tucked off Biscayne Blvd., the 4,480-square-foot, two-story home was completed in July 2023 and features six bedrooms, five bathrooms, outdoor pool and one-car garage. Situated on an 8,363-square-foot lot, it is only steps away from the 42-acre, historically preserved Morningside Park on Biscayne Bay.

Designed by top Miami architecture firm Preschel + Bassan Studio, the residence epitomizes modern elegance with features including:

• Top-of-the-line fixtures and finishes including porcelain stone walled bathrooms, large format porcelain tiles, custom Italian doors, white oak wood floors and wood tongue and groove ceilings
• 9-foot wooden pivot front door
• Open floor plan and 22-foot living room ceiling allowing natural light to pour in
• Oversized custom Italian kitchen offering a surplus of cabinet and storage space, Wolf gas appliances, Sub-Zero refrigerator, chef hood, double kitchen sink, wine cooler, and built-in dining bench for eight 
• Sliding hurricane-resistant impact windows
• Expansive principal bedroom suite including walk-in closet and a terrace overlooking the pool and backyard
• Full cabana bath with access to the pool
• Three A/C units
• Indoor wooden floating stairs
• Indoor and outdoor prewired sound system
• 20 x 12 pool with Aqualink Wi-Fi control with up to ten variations of lighting
• Outside built-in grill
• Native buttonwood and Florida thatch palms in the backyard and oak trees in the front yard
• Landscape lighting
• Shellstone paver driveway
• Roof designed solar ready for one to install solar panels 

“This stunning, contemporary home is ideal for the luxury buyer who wishes to enjoy the tranquility and unique style of Morningside, an upscale, historic suburb featuring Mediterranean Revival-style homes,” said Ibrahim Al-Rashid, chairman of Limestone Asset Management. “Morningside is a highly sought-after community, and this new construction home is a wonderful addition to the single-family home neighborhood, as we anticipate it will sell as the most expensive non-waterfront lot per square foot in Morningside.” 

Limestone Asset Management invests in and acquires real estate properties across all asset classes throughout North America. In 2022, it expanded to add a residential development division. The home at 531 NE 52^nd St., Miami, FL 33137 is one of Limestone’s first two spec homes. The other spec home is located at 510 NE 52^nd St., Miami, FL 33137.