Orlando Bravo, the private‑equity billionaire and co‑founder of Thoma Bravo, received final clearance from the Miami Beach Design Review Board on March 12, 2026, to tear down the 1929 Mediterranean‑Revival house that once housed Phil Collins.
The 10,000‑square‑foot estate, purchased by Bravo through 5800 NBR LLC for $39.25 million in January 2021, had long sat on a 1.2‑acre waterfront parcel that attracts wealthy buyers for its land value and historic charm.
Architect Kobi Karp presented the board with a design that lifts the new residence several feet above current flood‑plain elevations, incorporates reinforced seawalls, a built‑in drainage system, and native plantings to mitigate stormwater runoff.
Bravo cited structural degradation and rising sea levels as the primary reasons for demolition, arguing that retrofitting the original building to meet the South Florida Building Code’s storm‑resistance standards would be technically infeasible and financially prohibitive.
Preservation advocates, including the Daniel Heller Historic Preservation Fund, questioned whether any elements of the 1929 structure could be salvaged, but the board ultimately approved the project based on its compliance with modern environmental codes and its contribution to the neighborhood’s architectural character.
Construction is slated to begin in the summer of 2027, with completion expected by late 2028, marking a new chapter in North Bay Road’s evolution as a climate‑resilient enclave.