Billionaire Daniel Loeb Picks Up Spec-Built Beauty in Miami Beach for $20M

Published: April 17, 2021 | By: American Luxury Staff

Hedge fund manager Daniel Loeb treated himself to a spec-built waterfront home in Miami Beach toward the end of last year. The investment guru dropped an even $20 million on the property.

With an exterior expressed in a fetching combination of plank hardwood, glass and masonry, and architecture that favors interior natural light as well as abundant terrace and balcony space, the home is one of the more striking additions to its neighborhood. It’s also cavernous in size, with seven bedrooms and at least eleven baths in its 13,386 sq. ft. of interior living space.

The home’s entryway is particularly inviting, a prologue of landscaping that brings the home’s inviting transparency into full view. Exceptional spaces include the dining room and dayroom—in both cases, glass walls reveal the jungle-like landscaping outside—and the fitness studio, which opens via retractable glass to a broad deck.

Amenities in this house include a rooftop deck, an elevator, a wine room, and guest accommodations that occupy two of the property’s bedrooms and add a kitchenette as well. The master suite is a beaut, with his and hers baths and walk in closets, and a large terrace overlooking the bay.

The lot measures in at .63 acres. A pool, covered outdoor living and lounge spaces, and a private dock round out a look at this Miami Beach estate.

Loeb’s net worth is $3.5 billion.

6363 April 17, 2021 Real Estate April 17, 2021