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.
Read More
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.
Read More
Thomas Kramer Loses 5 Star Island in Court Ordered Auction for $40 Million
Verena von Mitschke-Collande and Claudia Miller-Otto have 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. 5 Star Island is an elaborate party mansion that spans 13 bedrooms, 12 full bathrooms over the entire 2 acre property. The main house is a 3 bedroom 4 bathroom party manse with stripper poles on the dining room table, 10,000 bottle wine cellar, exotic and eccentric design throughout, gym, 8 car garage, separate private office space, views of the Miami Skyline, party ready pool, 200' of waterfront docking for a yacht, and is rumored to have even have a missile silo built in. In recent years 5 Star Island has been used for a number of business ventures including events and for rent offered by Douglas Elliman.
Photos via Douglas Elliman