Not exactly sure what the story is here, but the Turchin home on Hibiscus Island is back on the market for sale, asking price of $18 million. This is truly one of those bananas properties that is very very Miami Beach. Built to sort of resemble, at least by way of the architects imagination and Turchin’s tastes, a Greek Island, think Mykonos, village on acid. It’s almost beyond explanation and is better served by photos.
The home has been on again and off again for sale for the past decade. A number of years ago it was listed at $14, so oddly the relatively modest price might be considered reasonable within context of the currently overheated South Florida real estate boom.
The Turchin Family has had deep roots on Miami Beach for the better part of almost a hundred years since granddaddy Turchin headed south. John has been spending a lot of time between Miami and Banner Elk North Carolina where he has his mountain village development.
If you have cash laying around, the Hibiscus house is pretty amazing and in it’s time, when it was first finished, quite the party pad.