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Historic bayfront estate in Miami Beach has timeless elegance, modern luxury

From its enchanting setting on a wide section of Biscayne Bay, this famed Miami Beach estate offers supreme elegance and a seemingly endless list of custom amenities.  Recognized as one of the most renowned properties in South Florida, the historic home, at 5050 North Bay Rd., is priced at $25 million.

Designed in 1936 by noted architect Russell Pancoast, the estate was previously owned by the Wolfson Family, one of Miami Beach’s most distinguished patriarchal families. The 10-bedroom, 11-and-two-half-bath residence has been meticulously renovated, offering the ultimate in modern comforts, yet sustaining its original charm.

The home is situated on a sprawling 32,085-square-foot lot and sweeping vistas of the bay and breathtaking, direct downtown Miami skyline views can be enjoyed from nearly every room. Beyond its long, stately driveway, the home’s entrance, marked by professionally sculpted topiaries, presents an intriguing, resort-like setting. Spacious, sunlit living areas, wide windows and marble floors mark the expansive floor plan.

The kitchen is a chef’s dream, outfitted with custom cabinetry, granite countertops, stainless steel appliances and an island. All bedrooms in the home, which include three junior suites, feature rich hardwood flooring, and the large master suite has high ceilings. There are additionally two service quarters as well as a theater room. While the his-and-hers study is graced with a fireplace and Old French imported wood paneling, the formal living room offers a decidedly luxurious space. Similarly, the formal dining room overlooks the water and is designed to capture the beauty of the estate’s exquisite setting.

Outside, elegant gardens are featured throughout. With its location encompassing more than 135 feet of waterfront, stunning views serve as a backdrop for outdoor dining and entertainment. The pool, designed with Bisazza tile, has a custom-made waterfall wall, accented by glittering white gold inlay. An ideal residence for boaters, the estate offers a huge grandfathered-in dock with ample room for multiple boats and a 35-ton boat lift.  Additional amenities include a separate four-bedroom guesthouse, impact-resistant windows and a three-car garage.

For more information, contact Esther Percal at 305-674-4022 or visit