$55 Million ‘Tropical Paradise’ in Malibu Is the Week’s Most Expensive Home Listing as Florida’s Luxury Mansions Continue To Boom

The South Florida luxury housing market is once again dominating the week’s most expensive homes list on Realtor.com®, as the Sunshine State continues its parade of ultrapricey megamansions listed for sky-high amounts.

For the third week in a row, Florida has some high-flying offerings for high net-worth investors seeking trophy properties while reaping the rewards of the state’s many tax benefits.

The top spot this week goes to a staggeringly priced $55.5 million waterfront estate in Miami. The eight-bedroom “tropical paradise” in posh Coconut Grove boasts a coconut shell elevator, a pond, yoga pavilion, pool, and a boat dock.

Other pricey properties this week include a Laguna Beach, CA, contemporary undergoing a massive renovation, in addition to a Manhattan quadruplex with views spanning One World Trade Center to the Hudson River.

10. 150 Dunbar Rd, Palm Beach, FL

Price: $31,850,000

Two-home compound: This legacy compound boasts a five-bedroom primary estate and a four-bedroom guesthouse.

Built in 2002, the homes have two distinct addresses and two-car garages, and they feature a modern open floor plan designed by Palm Beach architect Gene Lawrence.

Meanwhile, a private backyard with heated lap pool, cabana bath, and patios designed for entertaining connect the properties.

9. 200 W Coconut Palm Rd, Boca Raton, FL

Price: $32,000,000

25-room mansion: This 10-bedroom residence sits on 1.04 acres of privacy with 300 feet of direct water frontage. It’s said to be “one of the most celebrated estates in the Royal Palm Yacht & Country Club,” the listing notes.

The 18,694-square-foot estate last traded hands in 2009 for $12.9 million. It offers perks including a home theater, fitness center, a grand entertainment loggia with an outdoor fireplace, and an in-ground pool with a slide.

8. 15 Camel Point Dr, Laguna Beach, CA

Price: $32,995,000

Pacific Coast views: This four-bedroom contemporary provides exclusive beach access from its private staircase.

While no interior photos are offered because the property “is currently under major construction,” the 5,100-square-foot interior is said to feature numerous entertaining areas with retractable glass walls that open to stunning oceanfront views that span Dana Point to Palos Verdes.

The three-car garage designed for auto enthusiasts has a hydraulic lift.

7. 829 Orchid Dr, Boca Raton, FL

Price: $34,750,000

Brand-new build: This brand-new waterfront estate overlooking the Intracoastal Waterway has 230 feet of water frontage with a yacht dock.

The modern, 6,579-square-foot floor plan boasts floor-to-ceiling glass walls, bleached oak floors, and organic wood details. Outside, there is an infinity-edge pool with a spa, a wraparound lanai, and a summer kitchen.

The property also has an “auto plaza,” and a Zen pond at the entrance.

6. 650 Lugo Ave, Coral Gables, FL 

Price: $36,000,000

Redesigned residence: This seven-bedroom waterfront estate sits at the end of a peninsula incorporating 300 degrees of spectacular seaside frontage.

Offering views that span Biscayne Bay to the Miami skyline, the 9,287-square-foot interior features expansive open spaces, floor-to-ceiling windows, and seamless indoor-outdoor living. Numerous terraces and covered patios overlook an in-ground pool.

5. 601 Washington St Ph E, Manhattan, NY

Price: $36,500,000

West Village penthouse: This six-bedroom Manhattan townhouse has a private upper-terrace hot tub, a lower-terrace plunge pool, and an outdoor kitchen.

The 7,475-square-foot quadruplex close to the Hudson River Greenway offers views that span One World Trade Center to the Hudson River.

4. 49 Palm Ave, Miami Beach, FL 

Price: $38,500,000

Palm Island estate: This historic Mediterranean mansion boasts a light-filled interior that has been “masterfully restored” to now offer a grand saloon, movie theater, cognac room, and an art gallery.

Built in 1926, the eight-bedroom residence still features many original details combined with convenient modernizations, including two elevators. A wellness retreat in the guest villa has an indoor hot tub, a Turkish sauna, and a massage room.

The enormous dwelling surrounded by exotic trees and fountains also has a rooftop and private deck built over the water. 

3. 122 Waverly Pl, New York, NY 

Price: $49,000,000

Greenwich Village townhouse: This four-bedroom mansion has once again returned to the market after selling for $13 million in 2021.

The sellers have been holding steady with the same hefty price tag since it made its original debut on the market back in August 2023.

Spanning five floors, the 7,310-square-foot “gut-renovated” home has three separate outdoor spaces, including a garden terrace with a private, heated pool and a rooftop terrace with Empire State Building views.

2. 3035 Fort Charles Dr, Naples, FL

Price: $49,500,000

Custom-designed domicile: This recently completed estate with a floating concrete dock is offered “exquisitely furnished.”

The modern, West Indies-style, 10,007-square-foot interior features three offices, six bedrooms, a fitness room, a “social loft” with a bar, and a prep kitchen designed for grand-scale entertaining.

Private terraces and an oversized loggia overlook the pool area with fire features, fountains, and elevated spa.

1. 3310 Devon Ct, Miami, FL 

Price: $55,500,000

Tropical retreat: This luxurious, three-story residence last traded hands in 2015 for $12.85 million.

Nestled on nearly 1 acre of lush landscaping abutting the neighboring White Dove Garden, the 8,355-square-foot mansion is said to be owned by Anastasios Parafestas, a managing member of Spinnaker Capital based in Boston.

The property boasts a saltwater pool, private pond, yoga pavilion, and a 40-foot dock with oceanfront views.