A Healthcare Mogul Is Selling Three Oceanfront South Florida Properties for $76 Million

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The three contiguous parcels in Vero Beach consist of two homes and a vacant lot, with a combined total of 400 feet of beach frontage.

A Healthcare Mogul Is Selling Three Oceanfront South Florida Properties for $76 Million, directly overlooking the Atlantic, the total asking price is a whopping $76 million. The two homes are listed separately bywith the O’Dare Boga Dobson Group of ONE Sotheby’s International Realty for $42 million and just under $20 million, while the spare lot is asking $14 million.

The properties were acquired by Mitchell and his wife Colby in two separate deals. The couple purchased a contemporary residence at 3700 Ocean Drive fromfounder and chairman Katherine McConvey in summer 2021 for $16.8 million, and subsequently picked up two adjacent lots at 3750 Ocean Drive and 3746 Ocean Drive also owned by the developer for $4.2 million. Together, the three-parcel spread spans over 2.7-acres of land and 400 feet of waterfront footage.

3700 Ocean Drive features a main house and guesthouse, for a total of eight bedrooms and 12 bathrooms in 18,000 square feet of living space.Containing 18,000 square feet of living space with eight bedrooms and 12 baths, the largest modernist structure was built and designed in 2014 by architectin collaboration with Alloy, then renovated inside and out to the tune of $2 million by the Mitchells.

Elsewhere is a sumptuous master retreat boasting a marble and teak bath spotlighted by a steam shower and shell-shaped tub nestled alongside a linear fireplace. Other amenities include four fireplaces, several kitchens, dual offices, a gym, wet bar-equipped screening room and Savant home-automation system, with the palm-laced grounds spanning 1.4 acres and hosting a fire-pit, an 80-foot infinity-edge pool flanked by a tiki hut, and an al fresco lounging and entertaining patio with a pizza oven.

A great room outfitted with living, dining and family room areas connects to a gourmet kitchen decked out with custom cabinetry, marble countertops, an eat-in island, a butler’s pantry, and top-tier Miele, Sub-Zero and Wolf appliances; and other standout features include an elevator, two primary bedrooms, an office space and entertainment room with a wet bar.

 

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