Price: $34 million
Bed: 7
Full baths: 8
Square feet: 12,153
Part of the value of this Mediterranean Palazzo is its provenance: For a few years, ending in 2005, it was owned by Jennifer Lopez (not too shabby for "Jenny from the block").
There may be a J. Lo premium built into the price. The listing price on broker is nearly two-and-a-half times higher than the $13.9 million it brought in when she sold it more than six years ago.
Featured in the "New York Times Style Magazine" a few years ago, the home faces Biscayne Bay and commands views of the Miami skyline. Sitting on an acre of land with royal and coconut palms, there's a large pool, a coral stone deck and a dock on the property's 200-foot bay frontage that can hold a large boat and has lifts for jet-skis.
Originally built in 1929 -- when Miami Beach was on its way to becoming a winter playground for wealthy Northerners like Lopez -- the house has been fully updated and modernized since she sold it, but it has retained its arched arcades, entryways and windows and fine tile work.
For further information: Trulia
NEXT: Manalapan Beach, Fla.
