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An unusual bidding strategy ultimately ended a fierce competition for Sunday House, a high-profile new construction property in Miami that sold for $3.122 billion.
Gold Coast home prices hit a new record high as a contemporary multi-storey home on Cheney Avenue attracted six registered bidders and a large number of local residents.
Owner and builder Carl Flynn of Flynn Projects purchased the 410 square meter property in April 2022 for $1.4 million and worked with Ink House Architecture Studio to create a stunning indoor-outdoor living space. We have designed sophisticated four- and three-bedroom homes that are integrated into the…
An interstate family purchased the property.
Living zone surrounding pool and outdoor area
This was Mr. Flynn's first large-scale private building project, and his “most challenging project to date.”
Harcourt Coastal auctioneer Rob Ford took the lead, setting an opening bid of $2.3 million.
Agent Ed Cherry, who marketed the property with Sean Lewis, said there were four active bidders until the price reached $3 million, but a woman who had not yet raised her paddle at the time was the first to bid. It is said that he made a bid.
“There was a huge cheer from the crowd when the price exceeded $3 million. That price surpassed a milestone in this pocket on the west side of the highway in Miami, and it just kept going up from there.” said Cherry. .
“The buyer didn't start bidding until $3 million, but then he came along and knocked it out of the park and ultimately won it.”
Aerial view of the rooftop terrace
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He said the buyer grew up along the coast before moving to the interstate.
“I had shown her several homes in Burleigh Heads and she appreciated the craftsmanship and uniqueness of this home.”
Flynn spent six months perfecting the design, which incorporates three levels of tiered entertainment and living zones, including a rooftop terrace and a covered outdoor garden room with seating and a barbecue kitchen.
Clever use of curves, nooks, and custom cabinetry maximize the livability of the small lot, and a palette of calming neutrals against a backdrop of natural textures gives this home a relaxed yet sophisticated feel. It enhances the atmosphere.
Silver limestone bench and custom cabinetry in the kitchen
Full-length sliding glass doors easily connect the first floor living and dining area to the adjacent 25-foot-long tiled pool and deck with built-in bench seating and an outdoor fireplace.
Upstairs there are three bedrooms and two bathrooms, including a master room with a private balcony, a walk-in robe with makeup station and laundry chute, and a stunning private bath with dual rain shower and skylight above the bathtub. Room.
There is also a media room on this level, and a fourth bedroom or home office is downstairs.
Other property features include high blackbutt ceilings, silver limestone kitchen benchtops, mezzanine storage and full home automation.
'Garden Room' BBQ area with seating
Ms Flynn said she was “very happy with the outcome” and was grateful to have lived in the house with her partner Jess Judzinski for several months since its completion.
“I've been living here in Miami for five or six years, and I stumbled across that block and thought it was time to do something for myself instead of always building for clients.” he said.
“It was a little far from the beach, but at the time that was what I could afford and everything worked out.
“I wanted to spend more time and effort collaborating with architects and exchanging ideas.
“Everyone talks about bringing the outdoors in, but instead of putting the pool in the backyard like you normally would, we opened up the whole side of the house to the pool. It works really well for entertaining.” said Mr. Flynn.
This home utilizes split-level living and entertaining zones.
Mr Cherry said the suburb was undergoing significant gentrification, with Cheney Avenue in particular becoming a center of building activity as young families moved in.
Miami home prices rose 4.1% in the past 12 months to a median price of $1.45 million, according to PropTrack data
Growth for four-bedroom homes doubled, with 1,403 buyers interested per listing, but only 15 were able to purchase in the past month.
The typical price of a four-bedroom home rose 8.5% to $1.65 million.
