A Billionaire’s Seaside Retreat Hits the Market

A $34M Marvel of Modern Design

• Sleek marble flooring throughout, creating a pristine, polished look.
• Custom wood-paneled ceilings, adding a sense of warmth and elegance.
• Built-in cabinetry and gallery walls for art enthusiasts looking to display their collection.
• Floor-to-ceiling glass windows that flood the home with natural light and showcase breathtaking ocean views.

Luxury Living Spaces Fit for Royalty

• Living and Dining Areas: The grand living area serves as the heart of the home, complete with a showstopping mosaic mural that acts as a focal point of artistic beauty. The formal dining room flows seamlessly into the kitchen, making it ideal for large family gatherings or entertaining guests.
• Gourmet Chef’s Kitchen: The kitchen is a modern chef’s dream, featuring dual kitchen islands, top-tier stainless steel appliances, and a sunlit breakfast nook with a front-row view of the sparkling ocean. This open-concept design combines functionality with luxury, ensuring that every meal is prepared with ease and elegance.
• Entertainment and Relaxation: Beyond its stunning aesthetic, the residence also provides dual offices for remote work, a family room with a built-in bar for entertaining, and a dedicated wine storage room to house a connoisseur’s finest vintages.
• The Opulent Primary Suite: The crown jewel of the home is the opulent primary suite, designed as a tranquil retreat with panoramic ocean views. The spa-like en-suite bath is a work of art, featuring a floating spa tub next to a glass-enclosed shower, creating a space of relaxation and rejuvenation.
• Outdoor Spaces: The wraparound terraces create a private sanctuary where residents can bask in the sun, dine al fresco, or simply take in the soothing sights and sounds of the ocean.

Resort-Style Amenities and Community Perks

• 24-hour gated security with guards shared with the neighboring Ritz-Carlton resort.
• Five dedicated parking spaces, providing ample room for luxury vehicles.
• Direct access to a secluded beach, allowing residents to enjoy a quiet slice of South Florida’s stunning shoreline.

From $5 Million to a $34 Million Masterpiece

A Look Inside the Schottenstein Family Empire

• American Signature Furniture
• DSW (Designer Shoe Warehouse)

A New Chapter for the Schottenstein Family

Key Takeaways

• Property: 10,400 sq ft of living space, 3,200 sq ft of terraces.
• Features: 4 bedrooms, 6 bathrooms, gourmet kitchen, formal dining, dual offices, family room, wine storage, spa-like master suite, and private elevator landings.
• Location: Key Biscayne, FL, at the prestigious Grand Bay Tower.
• History: Originally purchased by Jay Schottenstein in 2007, the property underwent a 5-year transformation into a mega-penthouse by combining two units.
• Listing Price: $34 million.
• Community Perks: 24-hour security, access to the secluded beach, 5 parking spaces, Ritz-Carlton amenities, and more.

Final Thoughts