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Billionaire Teddy Sagi Set to Build Dream Home on Miami Beach Waterfront After $24M Teardown Purchase

By Brosda and Bentley Realtors

Billionaire Teddy Sagi, the Israeli mogul behind the success of gambling software company Playtech, is making waves in the South Florida real estate market once again. Sources have confirmed that Sagi is set to purchase a waterfront teardown at 4521 Pine Tree Drive in Miami Beach for a staggering $24 million, with plans to build his dream home on the sprawling 1.3-acre lot.

Miami Beach Luxury Real Estate Sales (305) 788–93939

The property, offering 6 spacious bedrooms, 7.5 bathrooms, a 40 ft dock, and a 3-car garage, boasts over 12,359 total square feet of living space. Nestled on a vast 58,650 square foot lot, the home provides breathtaking water views and promises a serene and tranquil oasis for its future owner. With exceptional potential for outdoor living and entertaining, this property is a rare gem in the coveted Miami Beach real estate market.

Miami Beach Luxury Real Estate Sales (305) 788–93939

Sagi’s estimated net worth of $5.6 billion, according to Forbes, underscores his ability to invest heavily in luxury real estate projects. His latest venture into Miami Beach real estate further solidifies his commitment to the region, with more than $50 million already invested in development projects.

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Miami Beach Luxury Real Estate Sales (305) 788–93939

This acquisition by Teddy Sagi highlights the allure of Miami Beach’s waterfront properties among high-net-worth individuals seeking to create their dream estates. As Sagi prepares to embark on this new chapter, his vision for a spectacular waterfront home is sure to set a new standard for luxury living in Miami Beach.

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Miami Beach Luxury Real Estate Sales (305) 788–93939

For those looking to buy, list, sell, or rent luxury real estate in the Miami Beach area, Brosda and Bentley Realtors are the experts you need. With their unparalleled expertise and commitment to excellence, Brosda and Bentley Realtors can help you navigate the competitive luxury real estate market with ease. Contact them today at (305) 788–9393 to start your journey toward finding your dream property or selling your current one.

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Miami Beach Luxury Real Estate Sales (305) 788–93939

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Miami Beach Luxury Real Estate Sales (305) 788–93939

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Miami Beach Luxury Real Estate Sales (305) 788–93939

Miami Beach Luxury Real Estate Sales (305) 788–93939

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Miami Beach Luxury Real Estate Sales (305) 788–93939

If you’re looking for a real estate agent in Miami, I encourage you to contact Brosda & Bentley Realtors. We’re here to help you find your dream home and make your life in Miami an unforgettable experience.

💎 Visit our Website: brosdaandbentley.com
📞 Contact Us: (305) 788–9393

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You are interested in luxury Miami real estate. You need a team of exceptional real estate professionals who listen closely to what you want, then go to work on your behalf. Brosda & Bentley are Miami’s longtime real estate pros who can zero in on the finest luxury properties.

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