Waterfront Estate in Ultra-Exclusive Miami Community Set for Luxury Auction® on Valentine's Day

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Jan 23, 2020, 13:45 ET

MIAMI, Jan. 23, 2020 /PRNewswire/ -- For those looking to splurge on a gift for their loved one this Valentine's Day, an impressive waterfront estate located in one of the nation's most exclusive residential enclaves may serve as the perfect display of affection. Miami-based real estate auction house Platinum Luxury Auctions has announced a February 14^th luxury auction® date for a home within the Gables Estates community in Coral Gables, Florida. Recently asking $17.9 million, the property will be sold without reserve at a live auction held on the property site. Platinum, which specializes in the luxury auction® sale of non-distressed, multimillion-dollar properties, is managing the auction in cooperation with listing broker Audrey H. Ross of Miami's Compass Florida brokerage. Ross has long been one of Miami's top luxury agents.

Platinum Luxury Auctions has announced the upcoming luxury auction® of a beautiful waterfront estate in Miami, FL. Recently asking $17.9 million, the property will now be sold at a live auction without reserve on Feb 14th. The luxury home is located in the Gables Estates community - known as one of the country’s most exclusive residential enclaves. Platinum is managing the sale in cooperation with listing broker Audrey Ross of Compass Florida. More at MiamiLuxuryAuction.com.

The estate offers 180 ft of frontage on a deep-water canal within Gables Estates, an exclusive residential enclave with fewer than 200 properties. The community is home to a number of billionaires, and has seen more than 30 sales in excess of $10 million within recent years, including a sale for more than $43 million in 2017. MiamiLuxuryAuction.com.

With unrestricted access to the Atlantic Ocean and dockage suitable for vessels up to 120 ft in length, the property is ideal for the avid boater. Currently, one of the estate’s lower-level rooms is outfitted as an impressive, “bait and tackle” station, due to the owner’s love of fishing. MiamiLuxuryAuction.com.

Grounds feature resort-style, outdoor living areas with a pool, spa, summer kitchen, multiple dining and lounge areas, a “putting green” and beautifully-manicured landscaping for added privacy. MiamiLuxuryAuction.com.

Lush, mature landscaping and custom lighting dotted throughout the +1-acre parcel create a serene and tropical atmosphere. MiamiLuxuryAuction.com.

The kitchen, with a clean and elegant aesthetic, was designed with the help of a gourmet chef, and offers a robust suite of appliances by Miele, Sub-Zero and Wolf. The oversized island was custom-built from just two slabs of Calacatta marble. MiamiLuxuryAuction.com.

Notable amenities include Control4® home automation, motorized window shades, +5,000-bottle wine room, sauna and fitness center. The lower level of the estate offers ample recreational space for the owner’s many grandchildren. MiamiLuxuryAuction.com.

A true appreciation for wine is evidenced by the caliber of the custom-built wine room, located on the main living level adjacent to the kitchen. The climate-controlled room can store more than 5,000 bottles, and provides plenty of room for tastings. MiamiLuxuryAuction.com

"I believe firmly that this will be [how] the house sells," Ross remarked. "Working with a talent like Audrey is an exceptional opportunity," noted Trayor Lesnock, Platinum's Founder and President. "We're looking forward to adding another success to her incredible volume of sales within Gables Estates." The transaction is the second time the firm has worked with Ross, who represented the buyer of a Miami condominium Platinum auctioned in July, 2019.

The tri-level residence is one of fewer than 200 homes located within Gables Estates, where some the world's most elite movers and shakers reside. To be sure, the community boasts a number of billionaire residents, who can unwind and enjoy the relaxed, South Florida lifestyle within the protected gates of the +200-acre, waterfront neighborhood. Within recent years, the community has registered more than 30 home sales in excess of $10 million (including a $43.7 million sale in 2017). Homeowners enjoy 24-hour, guard-gated security in addition to regular vehicle patrol. Residency is conditioned upon a buyer's acceptance into the Gables Estates Club.

The elegant estate is situated on a 1.03-acre lot, with 180 ft of frontage on a deep-water canal. A 100-ft dock can manage vessels up to 120 ft in length, while a motorized boat lift is available for smaller craft. The property is just moments away from the open Biscayne Bay and sparkling Atlantic Ocean – perfect for the avid pleasure boater or fisherman.

Extensively renovated in 2015 by the current owner, the home features a comfortably elegant design and flexible floor plan. Two, main living levels offer +/-8,000 sf of area, with 4 beds and 3.5 baths, while additional square footage on the lowermost level is currently outfitted with a fitness center and sauna, "bait-and-tackle" room, children's movie theater and multiple recreation areas. There are also staff quarters, comprised of 2 beds and 1.5 baths.

Other notable home features include a grand salon, gourmet kitchen, spacious master suite with sitting room and dual walk-ins, and a custom-built wine room with climate control and storage for more than 5,000 bottles. A Control4® home automation system can manage air-conditioning, audio/video, lighting, security cameras, pool and spa features via a convenient smartphone app.

Property grounds are extensively landscaped with lush, mature plantings to create a tropical atmosphere of serenity and privacy. Outdoor living areas include multiple terraces ideal for dining and lounging, an expansive sundeck, summer kitchen, heated pool with separate spa and even a "putting green."

More information on the luxury auction® can be found online at MiamiLuxuryAuction.com. Interested parties may also contact Platinum's project manager, Aaron Carmody, at 800.871.9269 to schedule a property tour. Bidders must register to participate in the sale by Thursday, February 13^th at 5pm ET. Contact Platinum for registration details.

About Platinum Luxury Auctions: Platinum Luxury Auctions developed the luxury auction® model for high-priced real estate auctions, and owns the trademark rights to the term "luxury auction." The firm specializes in the non-distressed sale of multimillion-dollar properties within and beyond the United States. Platinum's team has closed more than $926 million in luxury real estate auction sales to date, while evaluating and consulting on more than $2.65 billion in additional luxury property volume worldwide.

SOURCE Platinum Luxury Auctions LLC