WeWork Co-Founder Adam Neumann Buys Bal Harbour Marina Properties For $44 Million

Ousted WeWork Co-Founder Adam Neumann has acquired two home sites on the Bal Harbour Marina for $44 million. Neuman recently sold his estate in Northern California for $22.4 million and joined the influx of wealthy investors moving to South Florida. The off-market transaction was overseen by Tony Imbesi, who represented the seller, and Brett Harris of Douglas Elliman represented the buyer.

The double-lot property spans 50,000 SF and offers 360’ of waterfront with multiple boat slips. A 14,500 SF home is under construction on one lots which Neuman plans to finish.

Neuman purchased the property from real estate investor Joseph Imbesi, who also owns the former site of the Bal Harbour Yacht Club which is listed for $65 million on the tip of the Bal Harbour Marina. Imbesi purchased the shares of the Bal Harbour Club in the 1990s for $19,000,000. The Bal Harbour Club owned 5.5 acres on the beach, where Oceana Bal Harbour is now located and 10 acres on the bay, where the $65 million lot of land sits. The properties were owned by the proprietary members of the club and they wanted to sell so Imbesi bought all of the individual shares to gain control of the company and the assets that it owned.

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Film Producer Jerry Bruckheimer Lists His Miami Beach Penthouse For $16.5 Million

American film and television producer Jerry Bruckheimer has listed his ocean front Miami Beach Penthouse for $16.5 million. The home is located in the heart of Miami Beach at Il Villaggio condominium and spans almost 6,000 sq.ft. There are spectacular unobstructed views of the ocean, Miami Beach and Downtown Miami from every room. The penthouse is designed by Parisian designer Andree Putman who combined elements of Miami cool with European style.

The penthouse features three bedrooms and three and a half bathrooms. The main attraction is a private rooftop terrace complete with a plunge pool, sun deck and BBQ area perfect for entertaining and relaxing. The central Miami Beach location is within minutes of hot spots for dining, shopping and entertaining.

Jerry Bruckheimer is most famous for producing Top Gun, Bad Boys and Pirates of the Caribbean: The Curse of the Black Pearl. He also is well known for producing the CSI television series including spin offs. Bruckheimer’s style of filmmaking has influenced and defined not only modern Hollywood but filmmaking all over the world. 

Bruckheimer’s penthouse is located at 1455 Ocean Drive and is listed with Brett Harris of Douglas Elliman for $16.5 million.  

Douglas Elliman Reports $4.7 Billion Of Sales Volume In South Florida As The Firm Honors Top Agents At The Ellies

Douglas Elliman Real Estate, the nation’s third-largest residential real estate brokerage, celebrated the firm’s world-class agents from around the nation at the annual awards ceremony, The Ellies. Top performers from Florida, including the markets of Boca Raton, Fort Lauderdale, Miami, Miami Beach, Palm Beach, Aventura, Bay Harbor Island, Jupiter, Wellington, Delray Beach and Coral Gables, were among the honorees at this year’s event held at Mohegan Sun in Uncasville, CT.

Douglas Elliman Florida marked another banner year in 2018 with $4.7 Billion in closed transactions, up 30% from 2017. Nationwide, Douglas Elliman’s 2018 total sales volume was $28.1 billion, up 8% from 2017. The firm was responsible for 44,131 sales and rental transactions and was ranked the number three brokerage in the nation by sales volume. Douglas Elliman Florida marked a banner year in 2018, responsible for four out of the top eight single-family home sales for Miami-Dade County. The firm was also named the number one brokerage in Palm Beach County and in Miami Beach for total sales volume.

“Our wonderfully talented agents across the nation gave a very impressive performance this year, backed by a tremendous amount of dedication and passion for their work. We remain committed to providing all of our agents with the best in class technology, marketing and public relations to help them reach even greater heights in 2019, and we look forward to another triumphant year,” said Howard M. Lorber, Chairman, Douglas Elliman Realty, LLC.

“We’re thrilled to celebrate the accomplishments of our agents and their dedication to Douglas Elliman’s success,” said Jay Phillip Parker, CEO of Douglas Elliman Florida. “Due to their efforts, Elliman continues to dominate the market in South Florida, and we’re looking forward to continuing our expansion and leadership position in 2019.”

Leading the Top 10 Teams for Florida by Gross Commission Income (GCI) are The Carroll Group, based out of Miami-Dade County and Palm Beach County. They were followed by the Leavitt McIntosh Team (#2), Carmenate / Duchon (#3), The Randy & Nick Team (#4), the Bill and Bryan Team (#5), the Alexander Team (#6), Belmonte Sanchez (#7), the RMI Team (#8), The Senada Adzem Team (#9) and The Rubin [+] Morr Group (#10).

The Top 10 Agents for Florida by GCI are led by Martha W. Jolicoeur, based out of Wellington. She was followed by Gary Pohrer (#2), Maria Mendelsohn (#3), Paul Stuart Fishman (#4), Brett Harris (#5), Bohdan Mastykaz (#6), Raul Santidrian (#7), Kayce Driscoll (#8), Dina Goldentayer (#9) and Steven Menezes (#10).

The prestigious Pinnacle Club Award winners, presented to Florida agents and teams who made over $1 million in 2018, include The Carroll Group, Leavitt McIntosh Team, Carmenate / Duchon, The Randy & Nick Team, Bill & Bryan Team, the Alexander Team, Belmonte Sanchez, Martha Jolicoeur, RMI Team, The Senada Adzem Team, The Rubin [+] Morr Group, Gary Pohrer, Maria Mendelsohn, Pamela Fishman, The Goihman Group, The Darin Tansey Group, Robert Kemp, Brett Harris, Bohdan Mastykaz, The Bretzlaff Group, Raul Santidrian, The APT Team, Kayce Driscoll, and Dina Goldentayer.

Coastal Construction Co-President Sean Murphy Sells Contemporary Hammock Lake Drive Estate in Coral Gables For $7.43 Million

Sean Murphy, Co-President of Coastal Construction’s, has sold his home at 5490 Hammock Lake Drive home in Coral Gables, which was purchased by Chicago based family for $7.43 million. The price, which equates to over $1,000 SF, sets a new record in the Hammock Lake neighborhood after the previous high sale was $7.25 million. Murphy, was represented by Hilda Jacobson, Barbara Estela & Brett Harris of Douglas Elliman’s Sports & Entertainment Division; the original list price was $8.99 million. 

Sean Murphy's Coast Construction has been an integral part of building Miami’s skyline, working on buildings such as Faena House and Hotel, the Four Seasons’ Surf Club Resort and Residences, the Miami Beach Edition, SLS Hotel South Beach, St. Regis Bal Harbour, Fendi Château Residences, Miami Design District, the forthcoming Miami World Center.

This Mid-Century Modern estate was influenced by Richard Neutra and features 7 bedrooms and 7 full baths and 1 half-bath. When sold the home featured designer finishes and interiors by Jeffrey Lamb including marble floors, on-point furnishings, wood floors as well as a Crestron smart house system. An space efficient layout takes advantage of the home 7,274 SF with a large living room with fireplace, dining room with wet bar, gourmet kitchen, and ground floor master suite. Outside, a tranquil tile line pond runs alongside the master bedroom leading perfectly manicured grounds all spread over 1 acre hidden behind oak trees with a gated entry. The pool and deck complete with a cabana with summer kitchen provide the perfect place to entertain.

Photos via Douglas Elliman

Lennar Executive Chairman Stuart Miller Expands Star Island Holdings After Acquiring Thomas Kramer's Former Estate 5 Star Island For $33 Million

Lennar Executive Chairman Stuart Miller has acquired Thomas Kramer's former 4 and 5 Star Island Drive for $33 million. The 1.84-acre property is adjacent to two other lots that Miller owns on the exclusive island, 6 and 7 Star Island Drive. In total they now own 4, 5, 6, 7, 10, 11, 12 and 22 Star Island Drive. 4 and 5 Star Island Drive were listed with Brett Harris of Douglas Elliman for $40 million. DOMO Architecture + Design is currently designing Miller's three current Star Island projects which are 6 Star Island, 10, 11, 12 Star Island and 22 Star Island. 

In August 2017 PROFILEmiami reported that Verena von Mitschke-Collande and Claudia Miller-Otto had won 4 and 5 Star Island from Thomas Kramer via court-ordered auction. Kramer, a German born, Miami-based real estate developer and South Beach icon who played an integral role in the redevelopment of South Beach, including the iconic Portofino Tower, before he lost a $90 million settlement in Swiss Courts in 2003 in a legal battle that has continued to play out for decades. 

Known as 5 Star, the eccentric estate is an elaborate party mansion that spans 17,000 SF of living area complete with 13 bedrooms, 12 full bathrooms over the entire 2 acre gated property which offers spectacular views of Biscayne Bay, PortMiami and Downtown Miami. The main house is a 3 bedroom 4 bathroom party manse filled with exotic and eccentric design throughout. The home was custom tailored complete with stripper poles on the dining room table, a 10,000 bottle wine cellar, movie theater, Crestron system, spa, gym, a lavish master-suite complete with a stone-lined master-bath, a balcony with an outdoor tub overlooking Biscayne Bay, a 14 car garage, and is rumored to have even have a missile silo built in. 

Outside features a large driveway and motor-court in the front while out back offers views of the Miami Skyline, a party ready pool, outdoor lounges with summer kitchen, and 200' of waterfront docking for a yacht. The property also features multiple guest houses and separate private office space.

Photos via Douglas Elliman

Delve Into This Contemporary Hommock Lakes Estate in Coral Gables Currently Asking $8.99 Million

There is nothing like the tranquility of Coral Gables. This Mid-Century Modern estate influenced by Richard Neutra offers 7 bedrooms and 7 full baths and 1 half-bath. The move-in ready home is finished with designer finishes including marble floors and wood floors as well as a Crestron smart house system. An space efficient layout takes advantage of the home 7,274 SF with a large living room with fireplace, dining room with wet bar, gourmet kitchen, and ground floor master suite. Outside, a tranquil tile line pond runs alongside the master bedroom leading perfectly manicured grounds all spread over 1 acre hidden behind oak trees with a gated entry. The pool and deck complete with a cabana with summer kitchen provide the perfect place to entertain.

5490 Hammock Drive is currently listed for $8,990,000 with Hilda Jacobson, Brett Harris and Barbara Estela of Douglas Elliman’s Sports & Entertainment Division.

Photos via Douglas Elliman

Tour 5 Star Island, The Legendary Former Estate of South Beach Icon, Developer & Playboy Thomas Kramer, Now Listed For $40 Million

The infamous 5 Star Island sits on the globally recognized Star Island, one of the most prestigious private islands in Miami Beach with residents like Stuart Miller, Phillip and Patricia Frost, and Gloria and Emilio Estefan. The storied property, which is one of the largest real estate sites on Miami Beach, just listed for $40 million. Known as 5 Star, the eccentric estate is an elaborate party mansion that spans 17,000 SF of living area complete with 13 bedrooms, 12 full bathrooms over the entire 2 acre gated property which offers spectacular views of Biscayne Bay, PortMiami and Downtown Miami. 

The main house is a 3 bedroom 4 bathroom party manse filled with exotic and eccentric design throughout. The home was custom tailored complete with stripper poles on the dining room table, a 10,000 bottle wine cellar, movie theater, Crestron system, spa, gym, a lavish master-suite complete with a stone-lined master-bath, a balcony with an outdoor tub overlooking Biscayne Bay, a 14 car garage, and is rumored to have even have a missile silo built in. 

Outside features a large driveway and motor-court in the front while out back offers views of the Miami Skyline, a party ready pool, outdoor lounges with summer kitchen, and 200' of waterfront docking for a yacht. The property also features multiple guest houses and separate private office space.

4 and 5 Star Island is now listed for $40 million with Brett Harris of Douglas Elliman. The Lots can also be sold separately. In recent years 5 Star Island has been used for a number of business ventures including events and for rent offered by Douglas Elliman.

In August 2017 PROFILEmiami reported that Verena von Mitschke-Collande and Claudia Miller-Otto had won 4 and 5 Star Island from Thomas Kramer via court-ordered auction. Kramer played an integral role in the redevelopment of South Beach including Portofino Tower before he lost a $90 million settlement in Swiss Courts in 2003 in a legal battle that has continued to play out for decades. 

Photos via Douglas Elliman