Yahoo Finance A Ritzy South Florida Penthouse Sells to Local Philanthropists for $17.3 Million
It’s not Billionaire Bunker, but it’s still pretty spiffy! After seeking a pied-à-terre in South Florida to replace their $87 million Indian Creek mansion that just went to Jeff Bezos, retired banker Javier Holtz and his wife Andria have settled on a swanky Piero Lissoni-designed penthouse at The Ritz-Carlton Residences, Miami Beach.
The couple’s 10,000-square-foot, seven-bedroom, seven-bath spread sold to Bezos as part of an off-market deal in late May, adding to two other waterfront estates the billionaire Amazon founder recently picked up on the exclusive man-made barrier island known as Billionaire Bunker for a total of roughly $234 million. In turn, the Holtzes doled out $17.3 million for a fully furnished residence, which spans the top floor of the building, an eight-story luxury condo and villa development currently occupied by Cindy Crawford and Rande Gerber, MLB Hall of Famer Mike Piazza, and American Eagle CEO Jay Schottenstein.
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As first reported by The Real Deal, the seller was an LLC tied to James and Amy Dieterich of White Plains, N.Y. Originally listed for nearly $20 million in December 2023, the ritzy pad went to the wealthy philanthropists at an impressive discount; though it’s still around $2 million more than the Dieteriches paid for the place over three years ago, back in early 2021.
Once they make themselves at home in their new four-bedroom, five-bath digs, the Holtzes will enjoy almost 6,000 square feet of living space boasting sleekly designed interiors complemented by blonde hardwood floors and high ceilings, plus floor-to-ceiling walls of glass and a wraparound balcony providing sweeping views of the Atlantic Ocean and Biscayne Bay. Glitzy amenities include an office, a custom wine cabinet, a built-in barbecue station, and a pool and spa flanked by a street art mural, along with access to a climate-controlled garage and a 40-foot boat slip.
Among the other highlights: a slatted-wall entry foyer adorned with a pedestal displaying a colorful sculpture. There’s also a glass-lined great room hosting a formal seating area that connects to an entertainment space on the other side via a bespoke TV console, a spacious dining room, a family room, and an eat-in kitchen outfitted with an island and top-tier appliances. An opulent master retreat comes complete with a walk-in closet, a luxe bath sporting an enclosed wet room holding a soaking tub and a rainfall shower, and a separate lounging space leading out to a private patio with a hot tub.
Topping it all off are plenty of building amenities, courtesy of a hefty $12,753 monthly HOA charge, which include a concierge, a roof deck hosting a pool and cabanas, a meditation garden, a spa and fitness center, and a private marina.
Cuban-born Holtz is the retired chairman and CEO of Marquis Bank, which was sold to Professional Bank in 2020. Also a son of the late Abel Holtz, a Miami civic leader and multimillionaire founder of Capital Bank, and his widow Fana, Javier and his wife Andria are widely known for their support of local institutions like the Jackson Health System, where a children’s hospital is named for his father.
The Penthouse 1 listing was held by Grace Dieterich of Coldwell Banker, with Andrew Holtz and Nancy Batchelor of Compass representing the buyers.
Click here for more photos of Penthouse 1 at The Ritz-Carlton Residences, Miami Beach.
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