Miami Mansions Defined
First we need to define what exactly constitutes a mansion. Well, it’s a big house, but how big is big? 8,000 square feet or more of living space can be considered a mansion. There is no hard rule, but it is recognized in the trade as a good cutoff point.
Now, for an area to be considered for this list of neighborhoods with Miami mansions it was important that the neighborhood in consideration have uniformity. That is, there are several similar sized houses in the area and it is not just a one off event (meaning one mansion surrounded by other not comparable dwellings).
Price was not a consideration as different areas have differing price points for similar sized properties. In general it is obvious that waterfront, larger lot size and newer Miami Mansions are more costly.
A great place to browse Miami mansions is on our ultra luxury page. Although this list is not exhaustive it gives a good feel of where those properties are to be found.
The Most Exclusive Neighborhood
Indian Creek is by far the most exclusive area with the most impressive Miami Mansions. This gated and secured community, which has its own police force, has only 40 estates on a 250 acre island.
It includes a Country Club and an 18-hole golf course that takes up the entire center of the island. Properties in Indian Creek sell between $20M and $40M.
The Most Well Known Area for the Rich and Famous
Star Island has always attracted celebrities and some of the better known business tycoons from Florida and abroad. Current and former celebrity residents include Gloria Estefan, Don Johnson, Rosie O’Donnell, Shaquille O’Neal and Sean Combs.
Only 32 residents can call Star Island home. A gate restricts the access to these waterfront homes with oversized lots. Boat tours departing from Miami Beach and Bayside drive by the houses and tell stories of area and owners. Properties in the area sell for $15M to $30M.
The Only Neighborhood with Beachfront Miami Mansions
In Miami-Dade if you want to own a house on the beach the only place you can do so is in Golden Beach. Only 60 families have the privilege of saying that they can walk from their house to the ocean without setting foot on pavement.
Since there isn’t any street parking in the area the beach in front of these Miami mansions practically belongs to them. It is one of the areas with the least amount of beachgoers. Prices for beachfront homes go from $7M to $15M depending on size of lot and age of home.
Neighborhoods Where Many Miami Business Titans and Locals Live
If you live in Miami and work in the traditional business centers of Brickell, Coral Gables, Miami Downtown and Doral most likely you will own a home in one of the following communities: Gables Estates, Snapper Creek, Cocoplum, Tahiti Beach or Old Cutler Bay. These are gated communities with mostly waterfront residences.
Miami mansions in these neighborhoods are well-liked by year round residents because of their close proximity to great schools, places of work and the easy access to ocean for those locals that love boating. Prices range depending on community, waterfront location, size of home and lot and year built from $2M to $10M.
To work with Andres, your experienced luxury realtor, and Constec Realty Services, an established real estate agency that specializes in luxury Miami real estate, contact us now.
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