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    Hedge Funder Dan Loeb Just Sold His Waterfront Miami Beach Mansion for $35.5 Million

    Four years ago, Dan Loeb forked over $20 million for a modern mansion overlooking Biscayne Bay in Miami Beach. Late last year, the East Coast-based founder and CEO of the hedge fund Third Point hoisted the property back on the market for $45 million. The price was subsequently reduced to $41.5 million before it was removed from the market this past June. Now records show a newly incorporated LLC named after the home’s exclusive North Bay Road address has stepped up to the plate, with the estate now under contract to be sold for $35.5 million.

    That’s around $10 million less than Loeb originally wanted for the palatial pad, but it’s still $15 million more than he paid spec developer Peter Fine for the place in late 2020 before he invested some $10 million in upgrading the kitchen, millwork, and lighting. The listing was held by Danny and Jill Hertzberg of the Jills Zeder Group at Coldwell Banker; David Solomon of Berkshire Hathaway HomeServices EWM Realty repped the buyer.

    Indoor-outdoor living spaces are front and center throughout the bay-view home.

    1Oak Studios

    RELATED: ‘Real Housewives of Miami’ Alum Lea Black Relists a Waterfront Miami Beach Home for $37.5 Million

    Sequestered amid a walled and gated parcel spanning over a half-acre near the La Gorce Country Club, the architectural residence was designed by Choeff Levy Fischman. There are seven bedrooms and 12 baths in almost 14,000 square feet of living space on two levels accessible via a floating staircase and an elevator. Posh amenities include an office, a wine cellar, a wet bar-equipped screening/game room, a gym that flows to an outdoor yoga platform, and a massive roof deck providing bay and city skyline views, as well as an attached three-car garage and a dock resting along 100 feet of water footage.

    Among the other standout features are spacious living areas sporting floor-to-ceiling pocketing glass doors spilling outside, along with a formal dining room and a sleek gourmet kitchen outfitted with two islands, Wolf appliances, and an accompanying breakfast nook. An opulent primary suite is decked out with a seating area, a balcony, and dual walk-in closets and baths, while a separate two-bedroom guest wing has its own entrance.

    A grassy lawn abuts a dock sitting along 100 feet of water frontage.

    1Oak Studios

    RELATED: David and Victoria Beckham Drop $80 Million on a Waterfront Mansion in Miami Beach

    Rounding it all out are the palm-laced grounds, which host a mosaic-tiled pool and spa abutting a sundeck and an open-air cabana equipped with a seated bar and a built-in barbecue.

    California-born Loeb, whose personal wealth is estimated at around $3.3 billion, told the Miami Herald when he first listed the vacation getaway that he is selling because he wants to focus on his primary New York residence, which is in a particularly coveted area of East Hampton. Records show he also maintains a huge penthouse in a top Manhattan building that he picked up more than 15 years ago for just under $46 million.

    Click here for more photos of the Miami Beach mansion

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    ‘Real Housewives of Miami’ Alum Lea Black Relists a Waterfront Miami Beach Home for $37.5 Million

    Around nine years after it first hit the market with a nearly $18 million price tag, Lea and Roy Black’s sprawling waterfront mansion on Miami Beach’s guard-gated Star Island enclave overlooking Biscayne Bay has once again popped up for sale.

    On and off the market since 2015 with prices ranging from $15 million to $40 million—and also floated as a rental for as much as $150,000 per month—the former Real Housewives of Miami star and her attorney husband are now seeking nearly $38 million for the one-acre spread they picked up in spring 2011 for $7.1 million and initially planned to renovate. The listing is shared by Saddy Abaunza Delgado of ONE Sotheby’s International Realty and Elena and Stefano Iturriaga of London Real Estate Company.

    The hacienda-style home is tucked between the island’s single bridge and a multimillion-dollar mansion currently under construction.

    LuxHunters for ONE Sotheby’s International Realty

    Built in the early 1980s and resting amid a one-acre pie-shaped parcel that flares out to the bay, the premises include a main home fronted by a circular motor court bolstered by a tiered fountain, along with a separate guesthouse—for a total of nine bedrooms and 12 baths in a little more than 9,700 square feet. There’s also a recently added swimming pool and an attached four-car garage, plus a private 60-foot dock resting along 180 feet of water frontage.

    Though interior photos are scarce, likely due to the abode’s decidedly dated state, previous online reports show a 10-seat movie theater, a sauna, and an office space. Other highlights include a voluminous living area sporting a fireplace and wood-trimmed French doors opening to a bar-equipped veranda, as well as a formal dining room and a kitchen featuring an eat-in island, Viking and Sub-Zero appliances, and an accompanying breakfast nook. The primary retreat comes with a marble-clad bath boasting dual vanities and a built-in soaking tub.

    The one-acre property hosts a whimsical pirate-themed treehouse for kids.

    LuxHunters for ONE Sotheby’s International Realty

    The Black’s estate at 45 Star Island joins Rosie O’Donnell’s former mansion listed for $54 million as the only residences for sale in the pricey neighborhood. Lea, who appeared on the first three seasons of RHOM from 2011 to 2013 and went on to launch an eponymous beauty and skincare business, and Roy, a civil and criminal defense lawyer who has represented the likes of Jeffrey Epstein and William Kennedy Smith, maintain a primary Miami-area residence. They also own properties in California and Texas, along with another in the Florida Keys that’s pending sale.

    Click here for more photos of Lea Black’s Star Island home.

    LuxHunters for ONE Sotheby’s International Realty More

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    Rosie O’Donnell’s Former Waterfront Miami Beach Home Lists for $54 Million

    A little over two decades ago, David and Linda Frankel paid comedian and talk show host Rosie O’Donnell $16.5 million for this sprawling estate directly overlooking Biscayne Bay on Miami Beach’s celeb-studded Star Island, off the coast of South Beach.

    Now the family of the recently deceased doctor and real-estate investor and his wife, a former Vogue editor and the sister of broadcast journalist Diane Sawyer, is returning the Mediterranean-style mansion to the market, The Wall Street Journal first reported. The asking price is a hefty $54 million, with the listing held by Liz Hogan of Compass.

    A fireside living area is lined with wood-trimmed French doors opening out to a covered veranda.

    Mike Ruiz/Legendary Productions

    RELATED: David and Victoria Beckham Drop $80 Million on a Waterfront Mansion in Miami Beach

    Tucked away on a parcel spanning over an acre, the stucco-and-terra-cotta-roof structure was originally built way back in 1923. O’Donnell acquired the property in the late ’90s for nearly $6.8 million from a so-called religious organization known as the Ethiopian Zion Coptic Church. Per The Real Deal, she listed the place just days after The Rosie Show on Oprah’s TV network was canceled.

    Extensively renovated by the couple during their tenure, the premises include a main home fronted by a motor court centered around a towering banyan tree, along with two separate guesthouses—for a total of eight bedrooms and 11 baths in a little more than 11,100 square feet. There’s also a freeform pool with a slide and an air-conditioned four-car garage, plus a boathouse and a private dock sporting a 40,000-pound boat lift resting along more than 200 feet of waterfront footage.

    The palm tree-laced grounds host a pool and a private dock with a 40,000-pound boat lift.

    Mike Ruiz/Legendary Productions

    Other highlights include a spacious living area lined with wood-trimmed French doors spilling out to a covered veranda, as well as an elegant formal dining room and an updated kitchen featuring an expansive eat-in island, top-notch Miele, Viking, and Sub-Zero appliances, and an accompanying breakfast nook. A posh primary retreat comes complete with a balcony and an office, with the upper level holding another kitchen and a family room.

    While the 43 Star Island Drive home is the only one currently available in the pricey neighborhood, there have been many recent sales to high-profile individuals. In 2023, LoanDepot CEO Anthony Hsieh doled out $57 million for 27 Star, while rapper and record executive Rick Ross paid roughly $35 million for 37 Star. Ken Griffin also repurchased an almost one-acre lot he had previously owned at 14 Star from retired Yankees star Alex Rodriguez as part of a land-swap deal, giving the billionaire hedge funder a total of 6.5 contiguous acres on the Miami Beach island.

    Click here for more photos of Rosie O’Donnell’s former Miami Beach home.

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    David and Victoria Beckham Drop $80 Million on a Waterfront Mansion in Miami Beach

    They already own a $20 million condo in downtown Miami’s ultra-luxe One Thousand Museum tower. Now word on the street has it that A-list couple David and Victoria Beckham are spreading their real estate wings over to the South Florida coast, having doled out $80 million for an all-new modern mansion overlooking Biscayne Bay on Miami Beach’s exclusive North Bay Road.

    As first reported by The Real Deal, the Beckhams—he a retired soccer star-turned-co-owner of the MLS team Inter Miami, and she a fashion and beauty mogul who first gained popularity in the 1990s as a member of the pop group Spice Girls—are currently under contract to purchase the Choeff Levy Fischman-designed digs. The seller is Hamptons-based spec developer Niklas de la Motte, who picked up the property in 2018 for $10 million from the trust of the late Sir Edward Porter and his wife Lady Anna Lee, co-founders of Miami International Fine Arts College (now Miami International University of Art and Design). The listing is held by Dora Puig of Luxe Living Realty.

    Lighted steps lead to the front door, which opens into 12,500 square feet of open-concept living space.

    Choeff Levy Fischman

    Nestled amid a gated parcel spanning over a half-acre, the Bart Reines-built abode that currently stands in the stead of a former 1920s Mediterranean-style house offers nine bedrooms and 13 baths in a little more than 12,500 square feet of living space on two levels. Stylish interiors by Antrobus Design Collective are adorned throughout with Ipe wood, Perlato marble, metal accents, and doors and windows framed in dark bronze, while posh amenities include an office, a movie theater, a gym and spa, and a rooftop deck providing bay and city skyline views, as well as a three-car garage with lifts and a private dock resting along 124 feet of waterfront footage.

    Among the other standout features is a dramatic entryway boasting a pair of reflecting pools and a cascading waterfall, plus a central courtyard donning yet another reflecting pool complemented by a two-story living green wall. There’s also a spacious living room sporting a linear fireplace and floor-to-ceiling pocketing glass doors spilling outside, along with a formal dining room, a sleek gourmet kitchen with a trio of islands and a commercial-grade walk-in refrigerator, and an opulent primary suite decked out with a luxe bath flaunting dual vanities and a soaking tub.

    Sitting out front are a duo of glassy reflecting pools and an attached three-car garage with lifts.

    Choeff Levy Fischman

    Rounding it all out are the palm-laced grounds, which host a lengthy infinity-edge pool abutting a marble-clad terrace spotlighted by a covered al fresco entertaining area with an outdoor kitchen.

    In addition to their new Miami Beach home and their $20 million condo at downtown Miami’s Zaha Hadid-designed One Thousand Museum residential high-rise, the Beckhams also lay claim to a $40 million townhouse in London and a $15 million country estate in the Cotswolds. More

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    A Ritzy South Florida Penthouse Sells to Local Philanthropists for $17.3 Million

    It’s not Billionaire Bunker, but it’s still pretty spiffy! After seeking a pied-à-terre in South Florida to replace their $87 million Indian Creek mansion that just went to Jeff Bezos, retired banker Javier Holtz and his wife Andria have settled on a swanky Piero Lissoni-designed penthouse at The Ritz-Carlton Residences, Miami Beach.

    The couple’s 10,000-square-foot, seven-bedroom, seven-bath spread sold to Bezos as part of an off-market deal in late May, adding to two other waterfront estates the billionaire Amazon founder recently picked up on the exclusive man-made barrier island known as Billionaire Bunker for a total of roughly $234 million. In turn, the Holtzes doled out $17.3 million for a fully furnished residence, which spans the top floor of the building, an eight-story luxury condo and villa development currently occupied by Cindy Crawford and Rande Gerber, MLB Hall of Famer Mike Piazza, and American Eagle CEO Jay Schottenstein.

    As first reported by The Real Deal, the seller was an LLC tied to James and Amy Dieterich of White Plains, N.Y. Originally listed for nearly $20 million in December 2023, the ritzy pad went to the wealthy philanthropists at an impressive discount; though it’s still around $2 million more than the Dieteriches paid for the place over three years ago, back in early 2021.

    A formal dining room sits next to a floor-to-ceiling wine cabinet.

    Iglesias Photography

    Once they make themselves at home in their new four-bedroom, five-bath digs, the Holtzes will enjoy almost 6,000 square feet of living space boasting sleekly designed interiors complemented by blonde hardwood floors and high ceilings, plus floor-to-ceiling walls of glass and a wraparound balcony providing sweeping views of the Atlantic Ocean and Biscayne Bay. Glitzy amenities include an office, a custom wine cabinet, a built-in barbecue station, and a pool and spa flanked by a street art mural, along with access to a climate-controlled garage and a 40-foot boat slip.

    Among the other highlights: a slatted-wall entry foyer adorned with a pedestal displaying a colorful sculpture. There’s also a glass-lined great room hosting a formal seating area that connects to an entertainment space on the other side via a bespoke TV console, a spacious dining room, a family room, and an eat-in kitchen outfitted with an island and top-tier appliances. An opulent master retreat comes complete with a walk-in closet, a luxe bath sporting an enclosed wet room holding a soaking tub and a rainfall shower, and a separate lounging space leading out to a private patio with a hot tub.

    The primary bedroom’s separate lounge area opens to a private patio with a hot tub.

    Iglesias Photography

    Topping it all off are plenty of building amenities, courtesy of a hefty $12,753 monthly HOA charge, which include a concierge, a roof deck hosting a pool and cabanas, a meditation garden, a spa and fitness center, and a private marina.

    Cuban-born Holtz is the retired chairman and CEO of Marquis Bank, which was sold to Professional Bank in 2020. Also a son of the late Abel Holtz, a Miami civic leader and multimillionaire founder of Capital Bank, and his widow Fana, Javier and his wife Andria are widely known for their support of local institutions like the Jackson Health System, where a children’s hospital is named for his father.

    The Penthouse 1 listing was held by Grace Dieterich of Coldwell Banker, with Andrew Holtz and Nancy Batchelor of Compass representing the buyers. 

    Click here for more photos of Penthouse 1 at The Ritz-Carlton Residences, Miami Beach.

    Iglesias Photography More

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    F1’s Charles Leclerc Snaps Up a Condo at One of South Florida’s Ritziest New Towers

    Though it’s not even set to make its debut for at least three more years, Two Roads Development’s glassy prism-shaped residential tower in Miami’s trendy Edgewater neighborhood has already snagged a hot new resident. According to Miami Real Investment, 26-year-old Formula 1 racer Charles Leclerc has officially picked up a waterfront “Signature Residence” at Edition Residences, Miami Edgewater, adding to a property portfolio that includes a lavish apartment in his birthplace of Monaco.

    Hans Baumgartner, the real estate broker who repped Leclerc in the recently inked deal, declined to identify exactly which of the building’s 185 units the successful Ferrari driver purchased or how much he spent. But these particular condos span the 10th to 40th floors of the 55-story Bayshore Drive tower and start at $3.1 million.

    Charles Leclerc relaxes in the $10 million sales gallery at Edition Residences, Miami Edgewater (right).

    Charles Leclerc; Two Roads Development

    Per marketing materials, open-concept floor plans for the two- to three-bedroom Signature Residences range from 2,315 square feet to 2,709 square feet and feature Studio Munge-designed living space adorned throughout, with high ceilings, floor-to-ceiling walls of glass, and expansive terraces framing picturesque Miami Beach skyline, Biscayne Bay and Atlantic Ocean vistas.

    Additional highlights include private elevator lobbies and spacious great rooms holding combination living and dining areas. They’re nestled alongside bespoke Italkraft kitchens outfitted with eat-in islands and top-tier Wolfe and Sub-Zero appliances. There are also grand primary suites with walk-in closets, as well as spa-inspired baths equipped with dual vanities, stone countertops, freestanding soaking tubs and showers.

    Floor plans include open-concept great rooms sporting living and dining areas flanked by a gourmet kitchen.

    Two Roads Development

    Leclerc will be privy to 45,000 square feet of indoor/outdoor amenities, including lush waterfront gardens designed by landscape architecture firm ESDA, a cabana-lined swimming pool and cinema, a poolside garden lounge and bar, a fitness center and yoga studio, pickleball courts, a full-service spa operated by Edition, a boardroom, a library lounge, six guest suites and an on-site restaurant.

    Perhaps sparking Leclerc’s attention the most? A high-tech racing simulator, which promises to offer residents “an extraordinary and adrenaline-pumping experience.”

    The property’s swimming pool is lined with cabanas.

    Two Roads Development

    “We are continuing to see increased interest from international, high-profile and celebrity buyers who are attracted to the tower’s heightened level of security and privacy,” Taylor Collins, managing partner of Two Roads Development, said in a press statement. “With our development deeply rooted in hospitality, buyers feel a deep connection to the curated lifestyle the Edition brand offers.”

    Construction on the global hotel brand’s first standalone residences in Miami is set to begin later this year, with an estimated delivery timeframe of 36 months. Sales and marketing duties are being exclusively handled by Douglas Elliman Development Marketing, a division of Douglas Elliman Realty. More

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    A Real Estate Mogul’s Florida Penthouse Sells to Local Philanthropists for $8 Million

    Some seven months after it first hit the market with a lofty $8.8 million ask, commercial real estate and hospitality investor Robert Rivani has officially sold his swanky penthouse at The Ritz-Carlton Residences, Miami Beach for exactly $8 million.

    Records show the buyers are local philanthropists Scott Hodes and his wife Maria Bechily. The attorney focused on art law and public relations executive doled out $500,000 more than the owner and president of Black Lion Investment Group and his wife Krystal paid for the property back in spring 2022, shortly after relocating the firm from Los Angeles to Miami.

    Sited within The Ritz Carton Residences, Miami—an eight-story, Piero Lissoni-designed luxury condo and villa development currently occupied by Cindy Crawford and Rande Gerber, as well as MLB Hall of Famer Mike Piazza—the Rivani’s recently sold corner unit has four bedrooms and five baths spread across a little more than 4,500 square feet of living space boasting sleekly designed interiors complemented by high ceilings. Floor-to-ceiling walls of glass and a wraparound balcony also provide sweeping views of the Atlantic Ocean and Biscayne Bay.

    A blue statement-making chandelier serves as a focal point of the dining room.

    Become Legendary/Dina Goldentayer

    Highlights include a media room, along with a custom Boffi kitchen outfitted with marble countertops, an eat-in island, top-tier Gaggenau appliances and a walk-in pantry. The spacious living area connects to a dining room topped with a showpiece light fixture, while a jewel box-inspired primary suite features textured velvet details, water views, a walk-in closet, and luxe bath sporting dual vanities, a soaking tub and glass-encased shower.

    Topping it all off are plenty of building amenities—courtesy of a hefty $6,995 monthly HOA charge—which include a concierge, private marina, meditation garden, spa and fitness center, and roof deck with a pool and cabanas.

    Rivani, who recently acquired Amara at Paraiso restaurant and Wynwood Jungle retail plaza, told The Real Deal that he and his wife decided to part ways with the penthouse because they have moved to a seven-bedroom home in Miami. Last summer, they also sold a castle-like Beverly Hills mansion that was previously owned by Carlton Elizabeth (formerly Gebbia) of The Real Housewives of Beverly Hills for almost $17 million.

    The listing was held by Dina Goldentayer of Douglas Elliman, with Sildy Cervera of Cervera Real Estate representing the Rivanis.

    Click here for more photos of Robert Rivani’s Miami Beach penthouse.

    Become Legendary/Dina Goldentayer More

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    Jeff Bezos Pays Record Price for a Waterfront Estate on Miami Beach’s “Billionaire Bunker” Island

    It looks like Jared Kushner and Ivanka Trump are getting another mega-rich neighbor in Florida. Jeff Bezos and his helicopter-flying fiancée, Lauren Sanchez, are reported by Bloomberg to be the secret buyers who shelled out $68 million for a waterfront estate on Miami Beach’s Indian Creek Island. The off-market deal was sealed in June, a couple of months after Bezos took delivery of his half-billion-dollar boat, Koru, and shortly after the couple got engaged.

    The transaction sets a new price record for the ultra-exclusive island enclave, which is commonly referred to as the “Billionaire Bunker” due to the unusual number of billionaires who own homes on the tiny island. The previous record of $49.9 million was set in 2019. 

    With fewer than three dozen waterfront homes surrounding a private 18-hole golf course, the island is only accessible via a single bridge or by boat. Security is paramount, and hence, the bridge entrance is heavily guarded, and a private security force patrols the island, on land and on water, 24-hours a day, seven days a week.

    An aerial view of the 2.75-acre waterfront estate.

    Apple Maps

    The property was not officially on the market, but tax records and other resources indicate the single-story mansion was built in 1965 and expanded in 1985 to around 10,000 square feet, with three bedrooms and three bathrooms. The two-parcel spread encompasses 2.75 acres and includes a long driveway that passes under a porte cochère at the front of the house, while a secondary driveway provides access to the garage. There’s also a waterside swimming pool. 

    Bezos is also reportedly interested in the neighboring estate, an even larger and more opulent 19,000-square-foot palace that last sold in 2014 for $28 million and is now on the market with a sky-high price of $85 million.

    Kushner and Trump are shacked up in a rented condo while they renovate the 8,500-square-foot Indian Creek Island home they bought in 2021 for $24 million, and last year, former Victoria Secret model Adriana Lima sold up for about $40 million to Colombian banker Jaime Gilinski, who now owns five contiguous properties on the island. Other folks who have staked their claim on the island include Julio Iglesias, Carl Icahn, Tom Brady, hedge funder Edward Lampert, retired Miami Dolphins coach Don Shula, and car dealership mogul Norman Braman.

    Bezos, who has been renting Kenny G’s bluff-top Malibu compound for $600,000 a month while his $165 million Beverly Hills mansion undergoes renovations, maintains a vast cross-country portfolio that includes a sprawling compound in Seattle’s tech-tycoon-packed Medina neighborhood, several apartments in New York City, a couple of homes in Washington, D.C., and a 14-acre spread on the Hawaiian island of Maui.

    An aerial view of Miami Beach’s Indian Creek Island, aka the Billionaire Bunker.

    Apple Maps More