Limestone Asset Management sold a home in Miami’s Morningside guard-gated community for $5.5 million. The closing marks the most expensive non-waterfront sale in the neighborhood’s history.
Located at 531 NE 52nd St. in Miami, the newly-constructed home spans 4,480 square feet and includes six bedrooms, five bathrooms, an outdoor pool and a one-car garage. Signature architectural features from Preschel + Bassan Studio include porcelain stone-walled bathrooms, white oak wood floors, custom Italian kitchen cabinetry and hurricane-resistant windows.
Limestone Asset Management was represented by Brandon Brugal and Uccio Zecchini of BZG International, while the buyer was represented by Anna Gold of the De Leon Group at Compass.
“We are thrilled to have sold this stunning, contemporary single-family home that we designed and built from scratch,” Ibrahim Al-Rashid, chairman of Limestone Asset Management, said in a press release. “It is the highest sale ever for a non-waterfront home in Morningside, and we know the buyer will be very happy with their new home.”