3. 5800 N. Bay Road, Miami Beach, Florida 33140 – $40 million
This house was built in 1929 and measures 12,153 square feet. It has seven bedrooms and eight bathrooms. It is located right in front of the bay and is right smack in the middle of a forest of palm trees. The view across the bay features the iconic Miami skyline. There is a koi pond, two-storey foyer rotonda, vaulted ceiling, theater and wine cellar. The entire house is also equipped with a Tensui water purifier, Creston and Lutron systems and security doors. There is also a private terrace outside the master’s bedroom.