Modernity and luxury meet at this fantastic waterfront property in one of Miami's most exclusive areas. With a massive lot that opens the imagination to unlimited possibilities, this is a one-of-a-kind property in the Magic City.

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When it comes to palatial family compounds, two are better than one. A sleek 7 bed/8.5 bath waterfront home and neighboring lot with a combined 150 feet of water frontage make this the ultimate South Florida lifestyle pad.

Each of the 49 homes in this gated enclave on Allison Island is waterfront. This compound offers Eastern exposure to beautiful sunsets and calm waters to dock a yacht.

The 8,897-square-foot home is a modern marvel with water views that entice guests down the mirrored hall to an open concept living space with light-filled living, dining, and kitchen counters made of marble waterfall.

A commanding master suite with a full wet bar, wine fridge, and two custom walk-in closets spans the length of the home and has its own private balcony on the second floor. A floating marble counter leads to the massive shower and soaking tub water views. The remaining six bedrooms and bathrooms are spread across the second floor and the front home.

The tranquil backyard features a pool, spa, summer kitchen, and dining area–perfect for soaking up Miami's beautiful weather–and plenty of space to park your yacht.

The 16,200-square-foot lot next door offers limitless possibilities: build a mirroring guest house with a tennis or pickleball court, a second home, or some extra space between you and your neighbor. You can do it all if you purchase this property.

Dina Goldentayer, the #1 agent nationally with Douglas Elliman, has listed this property located at 6493-6505 Allison Road on gated Allison Island for $32.9 million. For more information click here.