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Micro-Markets Series · 3 de 10

La Gorce: the $122 million island

18 La Gorce Cir sold for $122.1 million — one of only four sales above $100 million in Miami-Dade history. Third stop in the series on the 10 micro-markets of ultra-luxury.

Por Ana Prado Contti  ·  4 min read
La Gorce: the $122 million island

The address 18 La Gorce Cir sold for $122.1 million — one of only four sales above $100 million ever recorded in Miami-Dade, alongside Indian Creek, Brickell and Anchorage Way.

This is the third stop in the series on the 10 micro-markets that concentrate sales above $30 million in Miami-Dade — the ultra-luxury map, address by address.

What La Gorce is

La Gorce is a residential island in Miami Beach, on Biscayne Bay, next to the La Gorce Country Club. It is one of ultra-luxury's most discreet addresses: few transactions, generous lots and a rare concentration of $30M+ sales within a few blocks.

The sale that joined the $100M club

The closing of 18 La Gorce Cir at $122.1 million put the island in the select club of sales above $100 million — a level only four addresses have ever reached in Miami-Dade MLS history.

The island's ultra-luxury track record

MLS history includes the following sales of $30 million or more on the island:

Seven sales above $30 million — three of them above $60 million. That density of major transactions is what defines the micro-market.

Why it matters for buyers

La Gorce shows how ultra-luxury behaves away from the spotlight: without the headlines of Indian Creek or Star Island, the island built one of the priciest sale sequences in the county. For buyers at this level, the lesson is direct — the most valuable addresses are not always the most talked about.

Methodology: Methodology: sale (sold) prices compiled from the Miami-Dade MLS/Matrix and public records, with a $30 million cutoff. Off-market sales may not appear in the MLS.
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