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A generational home on 1.6 acres in Miami’s oldest enclave just hit the market for a breathtaking $110 million.
The listing, first reported by the Wall Street Journal, boasts a secluded, private waterfront that is increasingly coveted in the red-hot luxury real estate market of Miami-Dade County. Broker Ashley Cusack of Berkshire Hathaway HomeServices EWM Realty holds the listing.
Aside from the Biscayne Bay views and 106-year-old charm, some of the credit for the eye-popping price tag might just rest on its next-door neighbor.
Alongside the $110 million listing sits the two-parcel assemblage of billionaire hedge funder Ken Griffin. The Citadel and Citadel Securities founder set a then-record for Miami-Dade county with the $106.8 million deal.
“I think it changed the game in Miami altogether,” Cusack told The Post. “It was the first sale in Miami-Dade County that sold over $100 million, so I think that it definitely broke that ceiling.”
Single-family home prices in Coconut Grove — a historic community known for its greenspaces and sailing clubs — climbed a feverish 205.8% between 2019 and 2025, the Journal reported.
Average home values reached over $1.2 million as of early 2026, according to Zillow. The community’s precious waterfront homes, however, can fetch far more.
This newest listing is no exception.
The 1.61-acre property spans 170 feet of Biscayne Bay frontage, and resides along the city’s sought-after Brickell Avenue corridor.
The three-story residence, constructed in 1920, sits at the center of the lot. It possesses a stately white-washed interior and original Dade County pine floors within. The Romfh family has carefully maintained the home for nearly a century.
The Romfhs, which the Journal dubbed “one of Miami’s pioneering families,” count Edward C. Romfh, mayor of Miami in the late-1920s, among their numbers.
The property last changed hands within the family in 2012, when Howard James Nunes and Karen Romfh Nunes purchased the spread for $6.58 million from Karen’s mother, Emily Romfh, who passed away in 2019.
The 5,705-square-foot home includes seven bedrooms and five baths. It’s one of two residences between Griffin’s compound and the historic Vizcaya Museum and Gardens, a former 1916-era villa.
The area is once again undergoing a revolution, this time driven by deep-pocked billionaires.
Coconut Grove is Miami’s oldest inhabited neighborhood, thanks to its naturally high elevation that protects residents from the elements. Affluent residents like the Romfhs established early roots there, and a wave of bohemian artists reshaped the community in the 1960s.
Despite the influx of wealth since then, Cusack, who grew up in the area, said the enclave has kept much of its idyllic character.
“It still has a charm to it that I think it has nicely maintained,” she said.
Despite the historic charms of the Romfh family’s longtime home, it might not be around for much longer. Interested buyers vary between those who want the house and those who just want the land, Cusack said, noting that a deal “could go either way.”
The Nunes-Rohmf home could easily be plucked by the area’s recent wave of tech buyers hungry for trophy properties, including Jeff Bezos, Sergey Brin and Larry Page.
When it comes to billionaire buyers, however, Ken Griffin’s South Florida portfolio is at the tip of the spear. Griffin owns seven adjacent lots on Star Island worth a collective $169 million, and he’s spent more than $400 million assembling a roughly 20-acre compound in Palm Beach.
Cusak is the same agent that brokered Griffin’s Coconut Grove purchase in 2022, The Post previously reported.
The sale included two bay-front houses once belonging to philanthropist Adrienne Arsht, including the landmarked former home of three-time presidential candidate William Jennings Bryan.
Griffin has yet to tear down his Coconut Grove residences, but his recent $20 million donation to the Vizcaya Museum and Gardens came with a personal request. He wants to move the landmark home to Vizcaya’s historic farm village.
Griffin, whose net worth is currently set by Forbes at nearly $50 billion, could easily snag his newly-listed neighbor as well. But in the meantime, the 106-year-old home will continue to stand as a reminder of Coconut Grove’s storied history.
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