Sellers’ family once owned the Tamarack Lodge, Algiers Hotel and the Marlin
The scions of a Miami Beach hotelier family sold their late mother’s La Gorce Island home for $19.5 million to spec home developers.
Records show Stephen and Michael Bernstein sold the house at 12 La Gorce Circle to La Gorce Cir Developments, a Florida entity managed by Miguel Yoma, Guillermo Osses and Francisco Perez. The buyer financed the purchase with a $12.7 million mortgage provided by the sellers.
Jill Hertzberg and Jill Eber of the Jills Zeder Group at Coldwell Banker Realty had the listing, and Danny Hertzberg, also of the Jills Zeder Group, brought the buyer.
Yoma, Osses and Perez are spec developers who bought a waterfront North Bay Road home in 2021 for $13.6 million and are now gut-renovating it. They sold a waterfront Venetian Islands spec home for $23.5 million last year.
The Bernstein brothers were acting on behalf of the estate of their late mother, Audrey Levinson Bernstein, who died last year. She was the daughter of hotelier David Levinson. Levinson led his family’s Catskills resort, the Tamarack Lodge, a popular destination in the heyday of New York’s Borscht Belt. David Levinson expanded into Miami Beach’s hospitality market, opening the Algiers Hotel (now demolished) and the Marlin, according to published reports.
Levinson Bernstein and her husband, Jack Bernstein, bought the La Gorce Island home for $500,000 in 1983, records show. Built in 1937 on nearly half an acre, the four bedroom, five bathroom house spans 5,300 square feet. The property includes a pool, a dock and 100 feet of waterfront, the listing shows.