Louis Vuitton CEO buys Miami Beach home
by Sep Niakan | January 28, 2014
|Allison Island and Michael Burke - Photo Credit: The Real Deal|
The CEO of Louis Vuitton, Michael Burke, recently purchased a home on Allison Island for $11.7 million. The one-acre estate features a guesthouse, tennis court, private dock, and approximately 200 square feet of waterfront. Burke, who plans to construct a new home on the site, purchased the property from Frank and Phyllis Bramson.
The original home, constructed by the Bramsons in 1962, is already in the process of being demolished. Although originally listed at $13 million, the reduced sales price marks the most expensive sale to date in Allison Island. Traditionally, property prices have not been as expensive in Allison Island; however, as land becomes increasingly more of a premium, prices have begun to surge.
by Sep Niakan | January 17, 2018
Taking a cue from the New Year and new beginnings, we saw the condo pre-construction market make three ground breakings this December. After months of silence, there was finally some hustle from developers at Resorts World Miami. Ritz-Carlton...
by Sep Niakan | January 05, 2018
Welcome to the other side of the New Year! The side that’s made up of fresh energy, brand new ideas and a whole 365 days of infinite possibilities. A lot of people consider January to be the month when the festive season and all its...
by Sep Niakan | December 31, 2017
The Holiday season may be over, but the festivities don’t have to stop if you’re in Miami. Take a pick of your favorite music, art, fitness or film festival below and let the merriment continue into January 2018. Miami Cruise...