After four months on the market, a property on Star Island—a neighborhood in Miami Beach, Florida—sold for $75,000,000. That number sets a record as the most expensive sale in the history of Miami real estate.
The waterfront mansion, located at 8 Star Island Drive, Miami Beach, FL, sits on nearly two acres of land on the ultra-exclusive Star Island, a man-made island connected by a causeway. Celebrities who have called the tiny island of about 30 properties home include: Sean “Diddy” Combs, Emilio and Gloria Estefan, Rosie O'Donnell and Shaquille O'Neal.
This record-setting home is unique though in that it is perfectly positioned on the island to offer unobstructed views of the Miami skyline. Named ‘Villa Lourdes’ after the seller, Lourdes Sanjenis, whose late husband purchased the property in 1987 for only $1.4 million; the 20,000 square-foot Mediterranean mansion has about 100 feet of direct waterfront.
The property was marketed by REALTOR®-Associate Elizabeth Lima of Berkshire Hathaway HomeServices (BHHS) Florida Realty. She credits her Managing Broker, Odalys “Ody” Sierra, and the strategic luxury marketing approach of BHHS for making the sale happen.
Listed by: Elizabeth Lima, REALTOR®-Associate at Berkshire Hathaway HomeServices Florida Realty
Sold for: $75,000,000
Photos by: Berkshire Hathaway HomeServices Florida Realty