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Historic Miami Teardown Gives Way to $37M Modern Manse

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Location: Miami Beach, Fla.
Price: $37,000,000
The Skinny: Built on the site of a historic Maurice Fatio-designed manse that was the subject of a heated debate over preservation in Miami, this bayfront spec home (which had to be redesigned by architects Choeff + Levy when the original plan was rejected by the city) has just hit the market. At one time the Swiss-born Fatio was so famous that Cole Porter wrote a lyric singing his praises, but his reputation wasn't enough to save the lot's original home—a red brick manor that dated from 1935—from the wrecking ball. The ultra-modern home that replaced it weighs in at a whopping 13,000 square feet, features Miami skyline and Biscayne Bay views, and comes with an asking price of $37M. Jill Eber of Miami real estate power duo The Jills is handling the listing.

· 5446 N Bay Rd, Miami Beach, Fla. [Trulia]
· All House of the Day posts [Curbed National]