‘Unparalleled’ 3-Mansion Compound on Miami’s Exclusive Palm Island Splashes Onto the Market for $150 Million
MLS/Realtor.comFlorida’s luxury housing market has been blessed with another historic property—this time in the form of an extraordinary $150 million compound with three jaw-dropping mansions on the exclusive enclave of Palm Island.Just one week after a pre-construction property in Manalapan, FL, made headlines with its $235 million price tag, another staggering real estate opportunity has emerged just 60 miles away. The pricey property, which initially debuted in 2023, was relisted in 2024 at the same price. Now, with Florida’s luxury housing market experiencing a major boom, the compound is back on the market with the same sky-high price.The listing agent is Fredrik Eklund, of “Million Dollar Listing New York” fame. He notes that the property is best suited for an “ultrahigh net worth individual who values privacy, exclusivity, and luxury.”A trio of properties on Palm Island, FL, is on the market for $150 million.(Evan Joseph)The compound offers 300 linear feet of water frontage, multiple docks, and three pools.(Evan Joseph)One of three mansions on the island that’s part of the assemblage(Evan Joseph)“Potential buyers might include high-profile individuals like celebrities or CEOs, investors, entertainers or hosts, or luxury lifestyle seekers,” he tells Realtor.com®.“This offering appeals to those who prioritize exclusivity and are willing to invest significantly for a unique, turnkey luxury compound.”The trio of homes was assembled by owner Jorge Luise Garcia and the Adria, Maria, Adrian Almeida Trust. They were purchased separately over a period of 17 years.The first of the three mansions was purchased in 2004 for $3.45 million, the second in 2019 for $13.9 million, and the third in 2021 for $17 million, for a total of $34.35 million, according to property records.Clearly, the owners are looking for a hefty return on the investment property, with Garcia telling Mansion Global that he believes the rare nature of such an enormous contiguous waterfront estate makes it more than worthy of its hefty price tag. “At the moment, there is nothing available on the market that can compare or that even will come close to this listing,” he said.The property is set on 2 acres.(Evan Joseph)The lavish interior living space of one of the three homes(Evan Joseph)There is parking space for nearly 20 cars.(Evan Joseph)Indeed, the combined addresses of 190, 198, and 210 Palm Ave. encompass a massive 92,000 square feet of land, along with 300 linear feet of water frontage. A sale for the full list price would set a record for Palm Island.Palm Island is one of several islands in Miami, along with Star Island, Indian Creek, and Hibiscus Island, where celebrities have been known to reside, including Nick Nolte, Gloria Estefan, and Enrique Iglesias.The three homes were built between 2008 and 2016 as a family compound. They total 35,385 square feet of living space, including 21 bedrooms, 25 bathrooms, and six half-baths.The 2-acre grounds include three swimming pools, lush gardens, and docks for multiple megayachts. There’s parking for close to 20 cars, the listing notes. Eklund notes that the property is ideal for “yacht owners and water sport enthusiasts,” while the privacy afforded to residents of Palm Island mean the compound can serve as a “sanctuary” for residents.“This property offers exclusivity and security while being close to Miami’s cultural, dining, and nightlife attractions,” he adds. “The combination of size, design, privacy, and prime location sets the Palm Island compound apart as a truly iconic property.”
Second Earthquake in 3 Days Rattles Residents Along the East Coast—A Look at Major Cities Sitting on a Fault Line
usgs.maps.arcgis.com; Getty ImagesThe East Coast was rocked by another earthquake on Monday—the second to hit within three days.The 3.8-magnitude quake was centered in York, ME, about 44 miles south of Portland and located along the Atlantic Ocean, according to the United States Geological Survey.The effects of the morning earthquake were felt all the way south to Boston and in areas like New Hampshire and Rhode Island.The quake comes days after a 2.4-magnitude quake rocked Paramus, NJ, on Jan. 24, located about 22 miles outside of New York City.That marked the second earthquake in New Jersey, after a 4.8-magnitude quake hit the Garden State in April 2024.“Earthquakes, particularly in the Central and Eastern United States (CEUS), are relatively infrequent and difficult to predict,” Oliver S. Boyd, a research geophysicist with the USGS, tells Realtor.com®.usgs.gov(earthquake.usgs.gov)Fault or fictionThe USGS says that earthquakes along the East Coast are more of a mystery. That’s because scientists are unable to easily identify active faults.There is a difference between faults and fault lines. The USGS explains a fault is a three-dimensional surface within the planet that might go up to the surface or may be completely buried. A fault line is where the fault cuts the Earth’s surface.“The CEUS sits within the North American plate and doesn’t have well-developed faults that can be seen at the surface along plate boundaries, such as the San Andreas Fault in California,” says Boyd.The agency found that greater humidity in the eastern half of the country causes the processes to “happen faster so that evidence of fault lines is erased much faster than in the West.”Cities along the Eastern Seaboard, like Boston, New York City, Philadelphia, and Washington, DC, aren’t prone to earthquakes.“Being in the middle of a plate also makes earthquakes much less frequent,” Boyd points out.In Maine, the state’s Geological Survey said Monday’s earthquake was tied for the third strongest since 1997. It’s not an uncommon occurrence, though.“In 2024, Maine only experienced three earthquakes greater than M2 (all less than M3). Within 60 miles of today’s earthquake, they are a little more frequent and tend to occur in Central New Hampshire,” says Boyd.He pointed out that a damaging earthquake within 60 miles of Monday’s quake is expected to occur on average every 500 years. The last damaging earthquake was near Bar Harbor, ME, in 1904.Emergency officials said there were numerous 911 calls after the earthquake, but no reports of injuries or major damage.“Having two earthquakes along the East Coast within a week of each other a couple of hundred miles apart is not unusual and not a cause for alarm,” Boyd adds.
Former Vice President Al Gore Is Renting Out ‘Exquisite’ Arlington Home Where He Launched His Political Career for $9,000 a Month
AFP via Getty Images; Realtor.comFormer Vice President Al Gore has put his longtime Arlington, VA, home up for rent for an eye-watering $9,000 per month—more than two decades after he retreated to the property after losing the 2000 presidential election.The five-bedroom, four-bathroom Tudor-style abode, which was built in 1937, has been in wife Mary “Tipper” Gore‘s family since it was completed by her grandfather. It was used by the former vice president as his home base while he was launching his political career.Gore, 76, even began his vice presidency in the dwelling, with the couple using it as their primary residence while renovations were carried out on their official abode on the grounds of the Naval Observatory.And it was to the home that Al Gore and his family returned after he lost his bid for the White House to Republican candidate George W. Bush.The Gore family’s property was built in 1937 and sprawls across 6,207 square feet. The home features a chef’s kitchen, a fitness center, and vaulted ceilings.Former Vice President Al Gore has put his beloved Virginia home up for rent for $9,000 a month.(Realtor.com)The five-bedroom, four-bathroom property played host to a number of political figures before and after Gore served as vice president from 1993 to 2001 under former President Bill Clinton.(Realtor.com)While it’s no White House, the property boasts a lavish aesthetic.(Realtor.com)The home is nestled on a quaint cul-de-sac and “seamlessly blends 1930s Tudor charm with a contemporary open floor plan,” according to the listing.According to property records, Al and Tipper Gore took ownership of the home in 1977, and it has been in their possession ever since.Upon entering the home, guests are greeted with a gigantic living space that is flooded with natural and overhead lighting. The living room features chic white furniture as well as bursts of color from the blue couches and yellow window curtains. There are two seating areas here, making it the perfect spot for entertaining.“A welcoming facade leads into a gracious foyer with double arched entryways connecting the elegant living room and cozy family room,” the listing states.The property was built in 1938 and sprawls across 6,207 square feet. (Realtor.com)The home, which boasts a fitness center, “seamlessly blends 1930s Tudor charm with a contemporary open floor plan,” according to the listing.(Realtor.com)The property was built by Mary “Tipper” Gore’s grandfather in the late 1930s.(Realtor.com)“French doors open to an oversized deck that overlooks a private backyard oasis featuring koi ponds, a meandering bridge, a brick patio, and multiple decks nestled amidst mature trees. “The dining room, illuminated by a bay window, provides an inviting space for family gatherings,” reads the listing.The chef’s kitchen features light gray cabinets, gold hardware and lighting fixtures, and a white stone countertop.A door in the kitchen leads to the second story of the property, which has a spa bathroom and a lavish bedroom.“The updated kitchen boasts a center island breakfast bar, Sub-Zero refrigerator, gas cooktop, two dishwashers, and flows seamlessly into a sun-drenched breakfast/family room with panoramic views of the natural surroundings,” the listing adds. Next to the kitchen is a sophisticated office and an exercise room with French doors that lead to the deck.The basement living space is flooded with natural and overhead lighting.(Realtor.com)The stunning primary bedroom features a blue color palette.(Realtor.com)The primary bathroom comes with a jetted tub and heated floor.(Realtor.com)Upstairs, there’s the stunning primary bedroom with a vaulted ceiling, a blue color palette, and an elegant bathroom with a jetted tub and heated floor.Bedroom No. 2 boasts green patterned wallpaper, while the third bedroom has a painted ceiling and two twin beds.“Ensuite Bedroom 4 includes a walk-in closet and a delightful private bathroom. Bedroom 5 showcases a vaulted ceiling, geometric windows, built-ins, and a second-story loft overlooking the room,” the listing notes. The bottom level includes a recreation room, a full bathroom, and a laundry room equipped with two washers and dryers.The end of the listing adds: “This is a commuter’s dream location and is minutes to Crystal City, National Airport, Washington D.C. the Pentagon, Metro, c, the Virginia Tech Innovation Campus, Routes 1 and I-395, with Metro Buses, Arlington Transit Buses, and the VRE.”In 2001, Gore headed back to the Arlington property after a disastrous end to Bill Clinton‘s presidency, which was marked by his impeachment scandal, followed by Gore’s heartbreaking end to his own White House bid.The lush landscaping out back(Realtor.com)In 2001, Gore headed back to the Arlington, VA, home following the scandal-plagued presidential term of Bill Clinton, left.( CHRIS WILKINS/AFP via Getty Images)At the time, neighbors were thrilled to welcome Gore back.“He’s a good neighbor,” Klaus Hirtes, who lived across the street from Gore, told the Washington Post at the time. “I guess it’s not quite like the White House. I’m sure it’s more difficult for him to adjust than for me.”According to the Post, the property remained in the family even while Gore and his wife were residing in the Vice President’s official residence with their children—having been rented by the politician’s brother-in-law, Frank Hunger.A spokesperson for the Gores told the outlet that the family was choosing to return to the property so that their youngest child, son Albert Gore III, could finish high school with minimal disruption. “It’s very much a home to them,” the spokesperson added. After he left the White House, Gore focused on his work as an author and environmentalist.In 2007, his climate change activism work with the IPCC earned him a joint Nobel Peace Prize. That work has also taken him away from Washington, DC, and has seen Gore picking up a number of high-value residences across the country, including a 400-acre farm in Carthage, TN, where he moved during the COVID-19 pandemic.Today, Gore is understood to be residing in a sprawling property in Nashville.
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