Healthcare Mogul Lists Three Oceanfront Properties in South Florida for $76 Million

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Michigan-based healthcare entrepreneur Mark Mitchell is putting up for sale three oceanfront properties in South Florida. Located in the exclusive Veromar neighborhood of Vero Beach, these properties offer stunning views of the Atlantic and have a combined asking price of $76 million. Two luxurious mansions and a vacant parcel are included in this offering.

The front entrance.

A bedroom.

A covered patio.

The pool area.

A tiki hut.

The front entrance.

The foyer.

The kitchen.

The properties were acquired by Mitchell and his wife, Colby, in separate deals. They purchased a contemporary residence at 3700 Ocean Drive from Alloy founder and chairman Katherine McConvey in the summer of 2021 for $16.8 million. Subsequently, they acquired two adjacent lots at 3750 Ocean Drive and 3746 Ocean Drive from the same developer for $4.2 million. Together, these parcels span over 2.7 acres of land and boast 400 feet of waterfront footage.

The kitchen.

The largest modernist structure, spanning 18,000 square feet with eight bedrooms and 12 baths, was built and designed in 2014 by architect Erik Helgen in collaboration with Alloy. Renovated by the Mitchells at a cost of $2 million, the residence features a soaring glass-lined living area, a sumptuous master retreat, multiple kitchens, dual offices, a gym, a screening room, and a Savant home-automation system. The palm-laced grounds include an 80-foot infinity-edge pool, a tiki hut, a fire pit, and a separate two-story guesthouse.

The family room.

The smaller dwelling, completed this year by architect Gregory Anderson and Waters Edge Estates, sits on a 0.6-acre parcel with 100 feet of waterfront footage. It offers seven bedrooms and nine baths across 7,600 square feet of living space, featuring limestone and wide-plank hardwood floors, wood-beam ceilings, and floor-to-ceiling walls of glass.

A fireside dining area.

Lastly, the vacant parcel spans 0.69 acres with 100 feet of direct ocean frontage and includes plans for an 11,000-square-foot estate.

The main living area.

Mark Mitchell, known for founding Visiting Physicians Association and U.S. Medical Management, maintains a primary residence in Michigan and owns the Daxton Hotel in the Detroit suburb of Birmingham. He is the managing partner of Mitchell Family Office, a private-equity firm investing in healthcare ventures.

The formal dining room.

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