A venture capitalist recently purchased a Bay Harbor Islands home for $12 million. In fact, Fued Sadala, an executive at Anheuser- Busch purchased the home, setting the record price for waterfront sales in the island. The eight bedroom, 7,098 square foot home is a dream come true.
The Bay Harbor Islands home features lots of incredible renovations. In fact, the home came with a pool, spa, new seawall, and a new 60 foot dock. Furthermore, the home was built back in 2002, and last sold in 2018 for $4 million.The house was on the market for $12.5 million. In addition, it features a home office, a master suite, a steam shower, and double walk-in closets.
Before this sale, the record sale price in Bay Harbor Islands was $11.5 million. Right now, Bay Harbor Islands is growing, and demand for real estate in the area is growing strong. In fact, there are currently many projects either completed or on the works in the area.
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