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Earlier this year, Chris Bosh purchased a North Bay Road home in Miami Beach for $14.4 million. Right now, the Miami Beach real estate market is surging. So much so, that the home Bosh purchased just hit the market again for triple the price. In fact, the home was re-listed for $42 million. This is a 192% increase. Ever since the pandemic started, demand for single-family homes has been high. Especially waterfront homes have been selling very quickly for high prices.

The North Bay Road home features seven bedrooms. Furthermore, it measures almost 12,400 square feet and was developed in 2009. The property also has an infinity pool, outdoor kitchen, gym, guesthouse boat dock, and much more. Homes in this high end neighborhood have been selling fast and for high prices. Some recent deals include a $29.5 million sale in September. In July, another mansion in the area was sold for $32.3 million.

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North Bay Road home sold for over $40M

if you are a real estate investor, you’ve come to the right place. AMG International Realty is a global real estate firm specializing in Florida. So, if you are you looking to buy, rent, or sell in Miami we are here to guide you through every step of the way. From mortgage applications, to finding your dream home and closing the deal. In addition, if you have any questions about the best neighborhood for you, we are here to help. Contact us today! 

Chat with me on WhatsApp: +1 (305) 318 6968 (Heloisa Arazi).