Acclaimed filmmaker Baz Luhrmann’s famous beach house is going up for auction in Miami Beach this month, sparking excitement about its future. The new owner has the option of continuing to rent the property to Luhrmann or applying for permission to build a luxury apartment building in its place.
The house is located at 120 Marine Parade and is currently rented to Luhrmann’s production company until March 2024. The current owner, Surjit Singh, purchased the property in December 2020 for $3.9 million and is currently renting out for $3,800 per week.
However, Singh has other plans for the beach house. It has commissioned an architect to design an exclusive development consisting of three spacious four-bedroom units and a two-story penthouse with a rooftop pool and entertainment area. Singh describes the design as “coastal and timeless” and the penthouse will have stunning views of Hedges Ave and the Surfers Paradise skyline.
Real estate agents view the beach house as a unique investment opportunity due to its prime location and breathtaking views. Built in the 1960s by the family of rugby player Andrew Slack, the house has special significance in the Australian film industry.
During filming of the Elvis Presley biopic, Luhrmann’s production company Bazmark set up post-production studios in Miami. Although the temporary studios were demolished, Luhrmann continued to rent the beach house and remains a passionate supporter of the town he affectionately calls “Goldiewood.”
The future of Baz Luhrmann’s Miami beach house will be determined by the upcoming auction and possible development plans. Whether it remains a rental property or is converted into a modern luxury apartment building, it will undoubtedly continue to be an interesting attraction for film enthusiasts and property investors.