Developer Sells Star Island Estate for Record $120M

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Developer Sells Star Island Estate for Record $120M

Billionaire developer Vlad Doronin has sold his waterfront estate on Miami Beach’s exclusive Star Island for $120 million, setting a new record for the most expensive home sale in Miami-Dade County.

The 2.5-acre property at 26 Star Island Drive was purchased by Constellation Drive LLC, a Delaware entity led by businessman Michael Ferro. Doronin, through his company Garden Islands International LLC, originally acquired the estate in 2009 for $16 million from retired basketball star Shaquille O’Neal.

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DJ sells waterfront Sunset Islands home for $27M He can re-mix real estate pretty well!

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DJ sells waterfront Sunset Islands home for $27M He can re-mix real estate pretty well!

Miami Beach DJ and windsurfer Henrique Jordan has sold his waterfront residence on Sunset Island II for $27 million. The historic property, built in 1940 on a 0.7-acre lot at 2501 Lake Avenue, features 5,400 square feet of living space with five bedrooms and seven bathrooms. The allure includes 200 feet of waterfront, a pool, and a private dock. The buyer, a Delaware entity, remains undisclosed.

(source: therealdeal.com, picture: google maps)

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