Miami Spec Mansion Lists at $75M, Ultra-Luxury Bids Loom
Former MLB Star Alex Guerrero Debuts $75 Million Waterfront Estate on Millionaire's Row Former Los Angeles Dodgers infielder Alex Guerrero has introduced a monumental $75 million spec mansion on Miami Beach's ultra-exclusive North Bay Road. This debut represents one of the boldest luxury real estate moves in South Florida's volatile market. The sprawling 10,250-square-foot waterfront estate is priced at approximately $7,300 per square foot. It stands out as one of the most expensive residential properties in the region. Guerrero's transition from professional baseball to high-stakes real estate mirrors broader luxury trends reshaping Miami's elite property landscape. The former athlete acquired the North Bay Road land for $13.6 million in 2023. Guerrero aims for a significant return on his investment, targeting a fivefold increase within just two years. The property features an innovative sensor-activated waterfall at the entrance to its massive 18-car garage, addi...