A storied slice of Miami Beach real estate—once owned by Pablo Escobar—has returned to the market, now listed at $15.9 million. The expansive 30,000-square-foot waterfront parcel is currently owned by Christian de Berdouare and represented by One Sotheby’s International Realty.

The property’s past is as compelling as its future. Seized by U.S. authorities in the 1980s, the original 1948 residence—later demolished in 2016—gave way to a blank canvas primed for a new era of ultra-luxury living. During its demolition, remnants of its notorious history reportedly surfaced, adding an air of intrigue to the estate’s legacy.

Today, the prestigious, palm-lined enclave is home to global icons, including Barry Gibb and Phil Collins, underscoring its status as one of Miami’s most exclusive residential addresses. De Berdouare, who also owns neighboring properties, has indicated that if the parcel remains unsold, he may develop a bespoke luxury residence designed to maximize its exceptional waterfront proportions.
Rich in history and unmatched in location, the estate presents a rare opportunity to reimagine one of Miami Beach’s most infamous properties into a modern architectural masterpiece.