Real Estate

Courtesy The Jills at Coldwell Banker

For sale on upper North Bay Road in Miami is a modernist 33,000-square-foot property, developed by builder Todd Michael Glaser, that was effectively built for entertaining. 

Yes, the house comes with eight bedrooms and bathrooms (including a master suite), a fully outfitted kitchen and even an elevator. But the draw is the water. Co-owned by Jarrett Posner, the COO of hedge fund Argonaut Management, the house has a horizontally oriented pool and decks on the ground floor, second floor and rooftop that take full advantage of the view across Biscayne Bay to downtown Miami. Three vantage points from which to admire the home’s best asset mean plenty of room for a large family—and dozens of their closest friends.

$37 million; 5446 N. Bay Rd.;