5050 North Bay Road Miami Beach Florida Sold For $13,100,000
Two ultra luxury homes sold this week on Miami Beach. 5050 North Bay Road, which had been listed for $18,900,000, sold for $13,100,000 after having been on the market for sale for almost 8 months. North Bay Road has been home to many celebrities in past years, including personalities like the Bee Gees, Jennifer Lopez, Thalia, Tommy Mottola and a number of others. 24 S. Hibiscus Drive on Hibiscus Island was listed for $14,900,000, and sat on the market for 6 years, when this week a buyer paid $10,600,000 for the 13,000 square feet Miami Beach home.