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$16M Miami Sprawl From 1941 Boasts a Minimalist Gut Reno

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Location: Miami Beach, Fla.
Price: $15,900,000
The Skinny: Built in 1941 but thoroughly modernized in a recent gut job, this $15.9M ultra-minimalist home sits on the waterfront in Miami's Venetian Islands, a chain of manmade isles laid down in Biscayne Bay in the 1910s and '20s. Whatever the home looked liked before the renovation, it now claims to be a "perfect balance of European aesthetic and Balinese touches," which in this case means a large upper terrace supported by columns, and plenty of indoor/outdoor living space. The stripped-down interior is softened by wood flooring and accent walls, and the high beam ceilings of the upstairs bedroom. That room opens out onto the broad rooftop terrace, which overlooks the Bay and the wooden decking around the saltwater pool. The open plan living spaces include a fireplace, a Gaggenau kitchen, and a media room. Oh, and outside (as totally befits a home on a island that seeks to evoke la Serenissima Respubblica) there's a dock with two lifts, and 90 feet of water frontage. Right now it asks $15.9M, which is only odd because it was on the market for $2M less than that less than a year ago.

· 44 W. Rivo Alta Drive, Miami Beach, Fla. [Redfin]
· Contempo Venetian Isles Rancher PriceChopped To $13.9M [Curbed Miami]
· All House of the Day posts [Curbed National]