A Miami Beach spec house designed to withstand rising sea levels is listing for $25 million.
The waterfront Venetian Islands house was developed by Empresas FPY, a Chilean construction and real-estate group. Empresas purchased the previous home on the lot for $4.575 million in February 2017, demolished it and began construction on the new mansion in 2019, said Empresas founder Francisco Perez Yoma. It was completed this month, he said.