Miami Beach Spec Mansion: $75M North Bay Road Masterpiece Hits the Market

June 20, 2025

A new Miami Beach spec mansion is making waves in South Florida’s luxury real estate market. Priced at $75 million, this under-construction waterfront estate on North Bay Road is the latest high-profile listing in one of Miami Beach’s most coveted enclaves.

Developed by former MLB star Alex Guerrero, the project blends ultra-luxury living with cutting-edge architectural design—and it’s already capturing the attention of elite buyers.

A Spec Mansion That Redefines Miami Beach Luxury

Slated for completion in 2026, the 10,250-square-foot estate sits on a half-acre lot with sweeping views of Biscayne Bay. The home offers:

  • 7 bedrooms and 3 kitchens (including a chef’s-grade catering kitchen)

  • Infinity-edge pool and summer kitchen

  • Private dock with direct bay access

  • Hot tub overlooking the water

  • 18-car garage with a sensor-activated waterfall entry

Buyers have the rare chance to customize finishes and amenities while the property is still in the pre-completion phase.

From Baseball to Blueprint: Guerrero’s Next Chapter

Known for his tenure with the Los Angeles Dodgers and Japan’s Nippon Professional Baseball league, Alex Guerrero has transitioned into a spec developer focused on high-end modern homes.

His previous project—a minimalist Palm Island residence—sold for over $17 million in 2023. With a strong design sense and investor acumen, Guerrero is quickly building a reputation as a credible force in Miami’s residential development scene.

North Bay Road: The Billionaire’s Strip of South Florida

North Bay Road continues to attract luxury buyers and celebrity homeowners. Guerrero’s listing joins recent activity on the street, including:

  • David and Victoria Beckham’s $72.25 million purchase

  • A $105 million pending sale by developer Todd Michael Glaser and partners

As high-end inventory tightens, this Miami Beach spec mansion stands out as a rare and customizable waterfront trophy asset.

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