Originally Listed for $28 Million, This Miami Home Now Wants $48 Million

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Originally Listed for $28 Million, This Miami Home Now Wants $48 Million
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After first listing for $28 million in 2017, a 10,300-square-foot home in the Coconut Grove neighborhood of Miami has hit the market for $48 million

The price increase follows a renovation of the eight-bedroom Coconut Grove property, which spans 10,300 square feet and includes 300 feet of frontage on Biscayne BayIn a hot Miami market, a waterfront home in the city’s Coconut Grove neighborhood has relisted for $20 million more than its original asking price.

The roughly 10,300-square-foot home on Biscayne Bay is asking $48 million, after first hitting the market for $28 million in 2017, according to listing agent Elena Bluntzer of ONE Sotheby’s International Realty. The eight-bedroom home was on and off the market for several years, and was last listed for $18.745 million in 2019, according to Zillow.

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