Bauhaus-Style Home in Miami
On Shores of Biscayne Bay

What: Seven bedrooms, 7½ bathrooms in 6,400 square feet on nearly 1/4 acre

Where: Miami

Amenities: Pool, lounge deck, foyer with 25-foot-high ceiling

Asking Price: $5.75 million

Opening Bid*: $5.3 million

Listing Agents: Jill Eber and Jill Hertzberg, Coldwell Banker Residential Real Estate, 305-788-5455

Due Diligence: Developer Nisso Levi built this two-level, Bauhaus-style waterfront home less than a year ago, after he paid $510,000 for the land in 2002. He estimates construction costs at $3.2 million. The 52-year-old Mr. Levi, who came to the U.S. from Italy a quarter of a century ago, had a 1,250-square-foot master-bedroom suite built, with floor-to-ceiling windows and wide views of Biscayne Bay. Five of the house's bedrooms have bay-view terraces. The foyer includes a free-standing custom-made staircase with steps of Mozambique panga panga wood. Mexican volcanic stone surrounds an "infinity" pool, and the grounds include several fountains.

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