Waterfront North Bay Village home sells for near-record $13M 

by Kate Hinsche

A Miami businessman sold a waterfront North Bay Village home for $12.5 million, marking one of the most expensive homes ever sold in the island community. Records show Lavender Diamond Group, managed by Silvio Galvez Sr., sold the home at 7520 West Treasure Drive to a Florida entity named for the address and managed by Eddy Arteago Sile.  It is the second-most expensive home ever sold in the small town, and the most expensive ever sold on North Bay Village’s Treasure Island.  The village’s price record was set in November, when the waterfront home at 1331 Bay Terrace sold for […]This article originally appeared on The Real Deal. Click here to read the full story.
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