Louis Vuitton CEO Buys $11.7 Million Miami Beach Teardown

With Mercedes-Benz Fashion Week in full swing in New York, we're checking out a new property purchased by the CEO of one of the hottest fashion brands in the world.

Left: Michael Burke (photo by Louis Vuitton); Top right: Louis Vuitton bag (photo by Chelsea Lauren/Getty Images Entertainment); Bottom right: property located at 6596 Allison Drive in Miami Beach (photo by Sotheby's International Realty). 

Louis Vuitton CEO Michael Burke spent $11.7 million on a prime parcel of waterfront property on exclusive Allison Island. The 8.5 acre Miami Beach island is located in beautiful Biscayne Bay and close to all the action in South Beach. The original 1960s home has been demolished to make way for a brand new mansion designed by Z.W. Jarosz Architects. The waterfront land at 6596 Allison Road is a perfect square, features 200 feet of water frontage and, of course, incredible views

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