Pablo Escobar’s Former Miami Estate Sells For Nearly $11 Million

Waterfront property once inhabited by Colombian drug lord Pablo Escobar has sold for $10.95 million located in Miami Beach on North Bay Road. U.S. authorities seized Escobar’s infamous pink house in 1987 and the seller, Chicken Kitchen founder Christian de Berdouare, bought it from a private owner in 2014 for $9.65 million. The property was listed by Mirce Curkoski and Albert Justo with ONE Sotheby’s Waterfront Team and the buyer was represented by Brett Harris with Douglas Elliman. Renderings have been released to build a beautiful modern home on the lot and plans have been submitted to the city awaiting approval. 5860 North Bay Road is 30,000 sq.ft. with 150 feet of water frontage and downtown views.

The estate made waves in 2016 when a locked safe was found in the debris following the demolition of Escobar’s home. Excavators found the 700 pound safe as they knocked down the home’s walls. At the time de Berdouare said that the safe will remain locked in a bank vault until he finished filming a documentary about Escobar’s link to the property.

Spec Home Developer Todd Michael Glaser Under Contract To Buy Jeffrey Epstein’s Former Palm Beach Mansion

Spec home developer Todd Michael Glaser is under contract to buy Jeffrey Epstein’s former Palm Beach waterfront mansion from his estate with plans to demolish the mansion and replace with a new home. Glaser’s undisclosed sum is rumored to be around $18 million, lower than the original listing in July for $21.995 million. The 6-bedroom waterfront mansion is a famous location for Epstein committing sex-trafficking crimes and luring underage girls. 

The Palm Beach mansion is located at 358 El Brillo Way and the listed exclusively with Kerry Warwick of the Corcoran Group. Glaser plans to knock down the existing home and build a 14,000 sq.ft. Art Moderne mansion. He expects the town of Palm Beach to be happy with his plans to demolish the existing home. 

Pro Surfer Anastasia Ashley Sells Her Miami Beach Bungalow Home

Anastasia Ashley, pro surfer and model, sold her Miami Beach chic bungalow home for $870,000. Ashley has made a profit on her home after purchasing the property in 2017 for $720,000. The 1970s beach bungalow has been renovated but also has preserved its Mid-Century charm. The house is 2,200 sq.ft. featuring 3-bedrooms, 2-bathrooms and an open floor plan. The bungalow is just a few minutes drive from the Sunset Harbour community and Lincoln Road.

Ashley is most famous for a video posted in 2013 of her twerking to warm-up that went viral. Not only is she one of the most successful women surfers on tour, but was also a cast member of the TV show “Naked & Afraid” in 2017.

518 W 30th Street, Miami Beach, was listed in May for $1 million with Miltiadis Kastanis and James Hait of Douglas Elliman. Kastanis and Hait also represented the buyer and closed the property for $870,000.

Michael Wekerie Lists The Former Anheuser-Busch Estate In East Fort Lauderdale For $19.25 Million

The former Anheuser-Busch estate, one of the largest waterfront properties in East Fort Lauderdale, is now on the market listed for $19.25 million. 1000 Riviera Isle Drive is 9,392 sq.ft. with over 525 feet of deep water frontage. The estate was originally built in 1938 for the Anheuser-Busch family and is now owned by Canadian TV Star, Michael Wekerie. Scenes from George Wells’ 1960s movie, Where The Boys Are, were filmed at the home.

The Estate is designed by Francis Abreu, apprentice of Addison Mizner. The main house features 8 bedrooms, 9 bathrooms, 2 half baths, media room, chef’s kitchen, gym and many areas for entertaining. There is also a two-bedroom guest house on the property. What makes this estate most unique is Wekerie’s addition of outdoor band shell set up to host music concerts. Wekerie is a television personality best known for the Candian reality show Dragon’s Den. Wekerie also has an extensive art collection that can be negotiable in the sale of his estate. 1000 Riviera Isle Drive, Fort Lauderdale is listed exclusively with Ruchel Coetzee of Douglas Elliman.

Rockstar Energy Drink Founder Flips North Palm Beach Estate For $48 Million

Russel Weiner, the billionaire founder of Rockstar Energy Drink, has flipped his North Palm Beach Estate for $48 Million, $15 Million more than he had purchased the estate for just weeks ago. Elin Nordegren, ex-wife of Tiger Woods, sold Weiner the estate for $33 Million in September. The estate consists of two homes on 3.3 acres of land just south of the Seminole Golf Club.

12520 Seminole Beach Road is the main home on the estate. This home is a 26,000 sq.ft. oceanfront mansion with 11 bedrooms, 15 bathrooms and 3 half-bathrooms with beautiful views facing 200 feet of shoreline. The mansion also includes a wine cellar, home theatre, gym, roof deck, pool, putting green, basketball court and guest house. Weiner sold this oceanfront property for $41.8 million to Tranquil Sunrise LLC. The other property on the estate, 12395 Banyan Road, is 10,219 sq.ft. and directly across the street. Weiner sold this home for $4.25 million to Calm Sunset LLC. The sale of both houses made Weiner a 45% profit in only 5 weeks.

Talent Hub Agency Acquires Ground-Floor Retail Suite At Merrick Manor In Coral Gables

Merrick Manor in Coral Gables has announced the sale of a ground-floor retail condominium to Talent Hub Agency, where the firm will open their new Miami headquarters following the acquisition. Merrick Manor is a mixed residential and commercial luxury condo building developed by the Henry Torres-led Astor Companies. The condominium offers nearly 20,000 square feet of prime retail space on the ground floor neighboring the Shops at Merrick Park. Manny Chamizo III, the Global Commercial Director of ONE Sotheby’s International Realty, arranged the sale of this Class A retail space to Talent Hub.

“With interest rates low, prospective commercial tenants are realizing they can buy their own spaces at prices on par with market rents and take advantage of appreciation while building equity,” Chamizo said. “Talent Hub’s purchase at Merrick Manor underscores how this building offers an unparalleled opportunity to buy Class A commercial product within a brand-new luxury mixed-use building just steps away from the world-class Shops at Merrick Park.”

Talent Hub is co-owned by Puerto Rican actor, singer and songwriting Carlos Ponce. The agency represents many A-list influencers and celebrities which will add even more character to the already existing and diverse mix of retailers and businesses at Merrick Manor. Existing businesses include Anaïs Nails & Spa, Body Details, Elegance Beauty Salon, Sweat 440, Trésor and a substation for the Coral Gables Police Department. Coral Gables business district is the perfect location for many businesses as it is easy to commute from Downtown Miami and Miami International Airport. This central location is even walkable to Miracle Mile.

“Merrick Manor is an ideal location for Talent Hub’s Miami headquarters,” Ponce said. “The quality of the building is impeccable. We look forward to helping our talented members realize their vast potential in our new home.”

Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative at Merrick Manor located at 301 Altara Avenue in Coral Gables.

Star Island Heats Up As Alex Rodriguez, Jennifer Lopez and Ken Griffin Acquire Multimillion-Dollar Properties

Ultra-luxury real estate on Star Island is heating up amid the COVID-19 pandemic. Celebrity power couple Alex Rodriguez and Jennifer Lopez have acquired 13 Star Island Drive for $32.5 million and Ken Griffin, the billionaire hedge-fund manager and founder of the Chicago-based Citadel Securities, has acquired 11 and 12 Star Island Drive for $37 million. A 6-bedroom, 14,268 SF estate located at 14 Star Island Drive has also closed for $24 million.

Rodriguez and Lopez’s new home spans 10-bedrooms, spread over 15,011 SF with over 100’ of water frontage. The lavish mansion also features a chef’s kitchen, wine room, luxurious master bedroom with bay views, pool, spa, cabana with summer kitchen, wet bar and dock. E&A Estates was the seller, represented by Jill Hertzberg and Jill Eber of the Jills Zeder Group at Coldwell Banker. Arlene Susy Dunand of Coldwell Banker represented the buyer.

An entity tied to Ken Griffin acquired a double lot with views of Downtown Miami at 11 and 12 Star Island Drive in an off-market deal. Griffin has also spent roughly $350 million acquiring an assemblage on Blossom Way in nearby Palm Beach.

These sales follow the sale of 22 Star Island for $49.5 million in July. The home was developed by Todd Michael Glaser, designed by DOMO Architecture + Design with interiors by Dunagan Diverio Design Group. The neighboring 46 Star Island is currently listed for $39,950,000 with Dora Puig of Luxe Living Realty.

Luxury Home Builder Frank McKinney Sells His Final Direct Oceanfront Palm Beach Spec Home

Luxury home builder and award winning author Frank McKinney has sold his final direct oceanfront Palm Beach spec home which was completed in 2019 for $10.1 million, a record price-per-square-foot of $1,867. Located at 3492 South Ocean, the modern beachfront estate was unveiled with a lavish party which featured a stunt in which McKinney repelled from a helicopter onto the tropical modern home, see the video below for the footage. The buyer was Vernon Hill who was the founder, former chairman, president and CEO of Commerce Bancorp in Cherry Hill, New Jersey. McKinney first purchased the property in 2016 for $3 million and initially listed the home for $17.5 million in May 2019 before later dropping the price to $13.9 million in December 2019. Both the buyer and seller were represented by Steven Presson of The Corcoran Group.

3492 South Ocean features 5 bedrooms and 6 bathrooms spread over 7,850 square feet. The lavish beachfront mansion features some of the finest finishes including an oceanfront gourmet kitchen with 11,000 year-old Azure-Blue Lava Kitchen Countertops from France, a master-suite with direct ocean views, a 3-Story ocean-view glass elevator encased in a glass wine room, a cascading water wall & reflecting pool with a “Walk over Water” feature and an indoor jellyfish sphere with touch tank which is the only one in a private home.

3492 South Ocean is located directly on the Atlantic Ocean with direct beach access and the outdoors offers the best of South Florida including a 50′ disappearing-edge resort-style pool, lush landscaping and a rooftop lounge with ocean views.

Inside El Solano, John Lennon And Yoko Ono's Recently Listed Palm Beach Estate Asking $47.5 Million

Beatles and music icon John Lennon and his wife Yoko Ono purchased the oceanfront estate on Palm Beach’s billionaire’s row known as El Solano for $725,000 in 1980. That same estate is now back on the market for $47.5 million. El Solano was built in 1925 by iconic South Florida architect Addison Mizner before he sold it to Harold K. Vanderbilt. It traded hands several times before Lenon and Ono purchased it less than one year before Lenon was murdered in New York City. Ono sold the property in 1986 for $3.15 million and it last sold for roughly $23 million to John Sites of Wexford Capital.

El Solano is located on South Ocean Boulevard, spanning 14,000 square feet split between a 10,500 square foot main house with 7 bedrooms, 9 bathrooms, a 2-story pool house with a guest suite. The home features many of the original ornate architectural details which were a classic Mizner touch including hand-stenciled wood ceilings, stone carved fireplaces and a stone staircase. El Solano features a massive master suite with a sitting room, private office and ocean views. The grand living room was built for Vanderbilt and also overlooks the Atlantic. The home also features a grand dining room, library, family room, living room,

Outside features 1.3 acres of lush, opulently landscaped grounds complete with a tennis court and pavilion, 2 swimming pools so you are always in the sun, and 180’ of ocean frontage. The beach is located across South Ocean Boulevard where there is a private beach cabana.

El Solano is currently listed for $47,500,000 with Christian Angle of Christian Angle Real Estate.

Tour A Rare Hurricane-Proof Oceanfront Estate In Miami Beach Asking $19.25 Million

A rare, “hurricane proof” Miami Beach oceanside estate with direct beach access has hit the market for $19.25 million. The home is owned by Mark R Keller, Chairman & CEO of Edge Funds, and his wife Carolyn Keller, Founder of EBeauty Community that specializes in assisting women undergoing cancer treatments.

Located on over 16,000 SF of well-appointed oceanfront land, the modern beach house spans 8,500 SF spread over 5 bedrooms, 6 bathrooms and 1 half bath. The home offers the ultimate entertainers escape right on the ocean complete with two full kitchens, breakfast bar, a theater and a main entertainment area equipped with a full bar and sliding glass walls that open up to the outdoors. To top it off the home offers 3 built in wine cellars, 3 fireplaces and all floors throughout house, pool area, terraces, and balconies are covered in sandblasted marble.

Outdoors is the perfect place to relax or entertain complete with a pool, jacuzzi with waterfall, a built-in sunken cabana with seating for 20 people with a fire pit, a covered dining area and and an outdoor kitchen. The estate also features gated direct beach access via a grass veranda and a guest house.

Due to the direct ocean exposure, the home was built to endure whatever the South Florida elements can throw at it. The home is built like a bunker with concrete and steel reinforcement across the entire property, able to withstand 257 mile winds and rain. The glazing and doors are “hurricane proof” as well by Windoor 8100 series, the highest rated hurricane doors manufactured. The 7 AC units feed air handlers are strategically located throughout house and if a hurricane was to pass through the property comes with Gas Kohler Generator 50KW to power the entire house.

Mark Keller has developed, acquired and managed as an owner over US$7 billion in real estate investments.  Prior to founding Edge, Mr. Keller was a co-founder, Chief Executive Officer and Trustee of Republic Property Trust, a NYSE publicly-traded real estate investment trust with an office building portfolio valued in excess of US$1 billion.

7815 Atlantic Way is currently listed for $19,250,000 with Miltiadis Kastanis of Douglas Elliman. 

Images via LPG for Douglas Elliman

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