Miami Beach mansion near where Phil Collins and JLo used to live sells for nearly $25M

A music executive sold his Miami Beach pad for $24.75 million, a waterfront slice of South Beach known for housing celebrities and corporate chiefs.

Eric Dalius and his wife Kimberly Dalius sold their two-story house at 3114 North Bay Road on Wednesday, according to a statement from Gary Hennes Realtors, the brokerage firm that represented the buyer. Dalius oversees the application MuzicSwipe — a music content-sharing platform — as its executive chairman. The couple sold their home to Home Sweet Home Revocable Trust in order to downsize in another Miami Beach residence.

The house sits steps away from several noteworthy homes, including Phil Collins’ former residence — the English singer sold his house to Thoma Bravo billionaire co-founder Orlando Bravo in 2021 for $40 million — and another house with 11 bedrooms that Jennifer Lopez and Ben Affleck rented for $130,000 a month in spring 2021 before tying the knot last July.

The Dalius couple acquired the house for $16.5 million in 2017 from its developer Felix Cohen. They sold it now just over five years later for double the price, exemplifying the rapid appreciation in the Miami residential real estate market particularly at the high end. Built in 2016, the house has seven bedrooms, nine bathrooms and a powder room. The house also has a spa, outdoor kitchen and 103-foot pool.

READ MORE: Want to stay informed with the Miami Herald’s real estate coverage? Sign up here for RE|source, our free weekly real estate newsletter.

“North Bay Road is very desirable. It is a beautiful neighborhood,” said Daniel Rosa, the Gary Hennes Realtors real estate agent who represented the buyer. “It’s the views. The walkability. It’s the name of the road and the fact that they upgraded all of the infrastructure in terms of the flooding. It’s a very neighborhood feel, even if we’re talking about houses worth $35 million to $80 million.”

Rosa declined to comment on the identity of the people behind the trust that bought the mansion. Douglas Elliman represented the sellers.