Miami beach pad on the market for the first time in 50 years

A MIAMI property, which was bought for just $9000 in the 70s, has his the market with a $3m plus price tag.
The four-bedroom two-level property at 26 Santa Monica Rd has been tightly held since 2972.
Vendor Lynette Pape originally bought a beach shack before developing the two-level dual-living house that was built in the 80s.

26 Santa Monica Road, Miami is on the market at offers over $3 million.
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She enlisted Gold Coast architect Philip Follent with the design and builder Errol Murfet with the construction, ensuring she kept part of the original shack.
Guy Powell of Harcourts Coastal is marketing the property.
“You walk in there today and it’s still impressive,” Mr Powell said.
“Back in the day it would have been the house of all houses.”

Welcome home!
Mr Powell said since the property hit the market six days ago he had received solid interest.
“Not much comes up in that little pocket in Miami,” he said.
“The location is irreplaceable.”
“People like it obviously as there’s that duel-income potential and there’s a few people who looked at living in one section and having their daughter in the other section.
Quirky features are a common theme throughout.
The property has a large two-bedroom unit on the second floor with a cedar timber ceiling and timber bi-fold doors.
There is also a renovated two-bedroom unit with an open-plan kitchen, timber floors, private patio and louvre windows.
Miami has been one of the Gold Coast’s biggest movers in recent years, with houses jumping a huge 100.4 per cent in three years to a median of $1.5 million.

One of the bedrooms.

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