Blockchain Registration Transaction Record

Historic Prescott Estates Sells for $20M, Launches Luxury Miami Waterfront Homes

Prescott Estates acquired for $20M, launches luxury waterfront homes in Miami's Bayside District. Historic mansion restored, 5 estates with yacht access, $15-25M prices.

This development matters because it represents the convergence of historic preservation and ultra-luxury modern living in one of Miami's most coveted locations. For high-net-worth individuals and real estate investors, it offers a rare opportunity to acquire waterfront property with deepwater yacht access in an irreplaceable location that combines architectural heritage with contemporary luxury. The project sets new standards for waterfront development while preserving Miami's architectural history, potentially influencing future luxury real estate trends in South Florida and maintaining the city's status as a global luxury destination.