Josh Flagg is selling his $10 million Miami Beach villa
Josh Flagg is selling his reimagined Miami Beach villa for $10 million on ultra-exclusive North Bay Road, directly across from David and Victoria Beckham's $72 million waterfront estate. The Million Dollar Listing broker officially relisted the 1930s property after completing a studs-up renovation with BuiltIN Studio. Jordan Karp LLC holds the active listing as buyer interest returns.
Key Takeaways
- Flagg and Carolwood Estates partners bought the 1930s North Bay Road estate in 2023 for $4.25 million and completed a studs-up rebuild with BuiltIN Studio.
- Jordan Karp LLC holds the $10 million listing on a gated, non-waterfront parcel opposite the Beckhams' Miami Beach compound.
- The roughly 4,000-square-foot villa offers four bedrooms, six bathrooms, a detached pool house, and resort-style outdoor amenities.
- Flagg pulled an initial listing tied to New York's mayoral election week; the finished home is back with seven showing requests already logged.
Why is Josh Flagg selling his Miami Beach home now?
Josh Flagg is selling his North Bay Road residence now that a full renovation is complete. He told Robb Report the property was briefly listed last year to catch buyers around New York's mayoral election, but the team withdrew it within a week because construction was unfinished and the expected New York-to-Miami surge never materialized.
With the house done, Flagg said the listing is active again and had already drawn seven showing requests. The timing reflects his pattern of moving capital when a market moment aligns — a strategy visible across his broader luxury real estate portfolio.
What did the $10 million transformation include?
Flagg acquired the Mediterranean-style property in 2023 for $4.25 million alongside Adam Rubin and Andrew Shanfeld of Carolwood Estates. Gary Eisner of BuiltIN Studio led a total studs-up rebuild of the former 1930s structure into a two-story stucco villa with a terracotta roof.
The walled, gated lot spans just under a quarter acre. Inside roughly 4,000 square feet, cream-toned interiors feature new wood floors, arched doorways, and vaulted ceilings. A wood-beamed living room keeps the original limestone fireplace; a sunken sunroom opens through steel-framed glass doors.
The white oak kitchen includes a waterfall-edge island and breakfast nook beside a formal dining room. The primary suite centers on a travertine bath with a large freestanding tub. A detached pool house adds a sauna, cold plunge, powder room, and outdoor shower, while the yard wraps a pool with a Baja shelf, spillover spa, and two-car garage.
How does the Beckham neighbor factor shape the listing?
Location is the headline. The villa sits on a non-waterfront North Bay Road parcel directly across from David and Victoria Beckham's sleek $72 million bayfront compound. That celebrity adjacency puts Flagg's $10 million ask on one of Miami Beach's most exclusive residential corridors.
At $10 million, the listing offers North Bay Road address prestige without the waterfront price tag tied to the Beckhams' compound. For Flagg, who also owns Beverly Hills, Manhattan, and Hamptons property, the sale is another portfolio shuffle rather than a permanent exit from South Florida investing.
Who is marketing the North Bay Road listing?
Jordan Karp of Jordan Karp LLC holds the $10 million listing on the freshly updated residence, which was originally teased late last year before returning to the active market. Flagg is a Million Dollar Listing Los Angeles star and seasoned broker, giving the deal built-in visibility among luxury buyers.
With construction complete and early showing demand already logged, the listing packages a documented renovation, resort-style amenities, and star-powered neighbors into a single Miami Beach story worth watching through closing.