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

Take An Inside Look At This Landmarked 1926 Palm Beach Estate Designed By EB Walton Asking $10 Million

Few neighborhoods have the classic old-Florida charm as the Estate Section of Palm Beach. This classic landmarked Mediterranean estate was designed in 1926 by EB Walton and still features many of the original details included hand-painted tiles, pecky cypress woodwork, iron railings, and cypress paneled walls in the dining room. The home offers a formal entry, library, loggia, bar, formal dining room, living room with fireplace, and a large updated kitchen. In all the main home features 4 bedrooms and 3.5 bathrooms with an additional guest house with with 1 bedroom and 1 full bathroom, laundry room and 2-car garage for a total of 7,116 SF. Outside features lush landscaping, lounge areas and poo.. 271 El Vedado Road is currently listed for $10 million with Cristina Condon of Sotheby's International Realty. 

Grammy Award Winning Artist Shakira Lists Her Lavish Miami Beach Home For $11.648 Million

Grammy Award winning artist Shakira has listed her Miami Beach home for $11.648 million. Shakira recently renovated the manse which is located at 3140 North Bay Road Drive in Miami Beach features traces of the musician's Lebanese heritage including bone inlays, handmade decorative mirrors and a hookah lounge area. The mansion features 6 bedrooms and 7.5 bathrooms spread over 9,125 SF. The home also features a billiards room, dining room and wood flooring imported from Spain. One of the main features is a home gym that the Colombian-Lebanese singer, songwriter & dancer custom designed a specialty floor for dancing to practice her moves in when she purchased the property in 2001. Outside offers over 100' of water-frontage on Biscayne Bay overlooking the Miami skyline along with a pool, cabana with summer kitchen and wood deck complete with lush landscaping. 

3140 North Bay Road Drive is currently listed for $11,648,000 with Antonio Mebarak, who is Shakira's brother, and Ana Lourdes of Douglas Elliman.

Photos via Douglas Elliman Real Estate

Tour PHVC At The Setai Hotel Miami Beach Which Just Sold As The Highest Priced Closing Since 2014

PHVC in The Setai Hotel Miami Beach has just closed for $9.525 million, the highest priced condo sale in the hotel since 2014. The residence was originally listed for $11 million and has been tied to Russian oligarch Oleg Baibakov. The residence offers 3 bedrooms, 3 bathrooms and 1 half-bath spread over 3,571 SF complete with and Italkraft kitchen, smart home features and 270-degree exposure. Amenities include three oceanfront infinity pools which are heated to different temperatures, full service beach-club, full-service spa, fitness center, private VIP entrance, a dedicated concierge, access to the house cars, and restaurants including Jaya. PHVC was listed with The Bill & Bryan Team at Douglas Elliman. Baibakov first listed the unit in 2014 for $17 million and he is currently developing Missoni Baia in Edgewater.

Cleveland Indians First Baseman Yonder Alonso Lists Miami Beach Condo in MEI For $1.995 Million

Cleveland Indians first baseman Yonder Alonso has listed his Miami Beach condo in MEI Condominium for $1.995 million. The penthouse residence features 2-bedrooms and 2.5 bathrooms spread over 1,556 SF. The two-story residences features floor-to-ceiling glass with views of both the Atlantic Ocean and Intracoastal waterway. The residence was custom designed by world renowned interior designed Briggs Solomon. The layout features a kitchen and living room located downstairs with the 2 bedrooms upstairs and balconies on both levels. 

Amenities at MEI include a tea lounge and library, spa, steam room, fitness center with innovative smart technology, concierge services, beach access, a pool and food and beverage services.
 
Alonso has also played for Cincinnati Reds, San Diego Padres, Oakland Athletics and Seattle Mariners.

The 5875 Collins Avenue #PH4 is currently listed for $1,995,000 with Jeff Miller of Brown Harris Stevens Miami.

Photos via Brown Harris Stevens

Step Inside The Record Breaking South-of-Fifth Oceanfront Penthouse at 321 Ocean Which Just Sold For $26 Million

One Miami Beach’s most sought after penthouses, located atop 321 Ocean on Ocean Drive in the South of Fifth neighborhood, has sold for $26,000,000. The closing was on Friday, May 11, and the property was owned by an American-Russian financer who had the property listed with Bill Hernandez and Bryan Sereny with Douglas Elliman and sold the property to an undisclosed buyer Skurge, LLC for $26,000,000 represented by Mick Duchon & Eloy Carmenate of Douglas Elliman.

The transaction represents the highest priced residential condo real estate deal for Miami-Dade in last 12 months and highest priced condo sale in South Beach since 2014. The Miami Beach real estate market has seen several large condo transactions over the past several months as other notable closings include a unit at Apogee South Beach for $13.5 million & Continuum South Beach for $9.3 million.
 
The penthouse is the only full floor oceanfront penthouse in South Beach, featuring a 36' infinity pool overlooking open ocean views. The 13,220 SF 2 story penthouse features nearly 7,000 SF of interior space spread over 5 bedrooms with staff quarters, 5 full-baths and 2 half-baths. The residence also offers a private 5,223 SF roof deck with the infinity pool, outdoor kitchen, fire pit, and massive entertaining space with a dining table that fits about 40 people. 

Take the Video Tour Below:

Photos via Lifestyle Production Group

Tour The Legendary American Tennis Icon Chris Evert's Boca Raton Estate Which Just Hit The Market For $4.999 Million

American legend and tennis icon, Chris Evert, former World No. 1 from the United States who holds 18 Grand Slam singles championships and three doubles titles, has listed her Boca Raton estate today for $4.999 million with Katia Reisler of Douglas Elliman and Rebecca Spooner of Siemens Group Realty.

Located at 8563 Horseshoe Lane in Boca Raton, the estate offers 8 bedroom and 7.5 bathrooms situated on 5-acres complete with a tennis court, putting greens, a garage to accommodate 9 cars and 2 guest houses. The main house features 6 bedrooms, 2 bedrooms in guest house, as well as maids quarters and laundry room. The meticulously designed estate offers multiple living and entertaining areas including large living room with fireplace and wet bar, large theater room, large office off living room and expansive dining room with butler's pantry; as well as a Chef's kitchen with large island, granite countertops, sub-zero appliances and large pantry. In addition to the tennis court and putting green, the beautifully landscaped grounds are perfect for entertaining with a large pool, covered patio and lounge areas.

8563 Horseshoe Lane, Boca Raton, is currently listed with $4,999,000 with Katia Reisler of Douglas Elliman and Rebecca Spooner of Siemens Group Realty.

Check Out This One-Of-A-Kind Waterfront Boca Raton Estate Asking $7.55 Million Complete With Limited Edition Art Throughout

Located in the highly exclusive and private Princeton Estates within Woodfield Country Club at 5224 Princeton Way, Boca Raton, FL for $7,550,000, this one-of-a-kind gated, waterfront estate features a significant collection limited addition artwork and statues by notable artists throughout. One of the statues is only 1 out of 5 that exist, with another being displayed at the Time Warner Center in NYC.

With dramatic lake and golf views, the estate offers 9,088 SF of living space spread over 6 large bedrooms, 8.5 bathrooms and a guest house on nearly 1 acre of land. The property was designed to entertain complete with a formal bar, butler’s pantry for dining staff, a gaming loft and a state-of-the-art movie theater to relax in custom designed leather recliners.  The home also features a Crestron system, 80KW full house generator, central vacuum, two fireplaces, automatic shades, hurricane impact windows & doors.

The spectacular master suite features a separate living area, fireplace, his and her bathroom complete with a personal gym, steam room and sauna. Inside you will find elegant interior finishes highlighted with marble and wood floors, a private wood-paneled office, silk lined walls in the expansive dining room, a chef’s kitchen with eat-in area and family room.

Outdoors, the estates lushly landscaped grounds include a BBQ area in a protected screened porch, and a gazeebo overlooking a massive resort-style 50k gallon salt-water pool  and spa. The property also offers a five-car garage with large basketball court.

5224 Princeton Way, Boca Raton is currently listed for $7,550,000 with Matt Simon & Darin Tansey of Douglas Elliman.

Historic Coral Rock Palm Island Estate Built In 1928 Hits The Market For $16.499 Million

A historic Palm Island estate originally built in 1928 that has been meticulously updated and expanded can now be yours for $16.499 million. In its current form the masterpiece home brings the original 1928 portion made of rare coral rock together with a 12,000 SF new construction. The home features 8 bedrooms, 10 full bathrooms and 2 half baths spread over 13,201 SF. There is also a movie theater with private entertainment bar, grand hallway,  Outside features multiple lounge areas, an expansive swimming pool, cabana and over 100' of waterfront with views of Biscayne Bay and the Flagler Memorial. 

55 Palm Ave, Miami Beach currently listed for $16,499,000 with Brian Judge & Diana Garchitorena of Douglas Elliman.

The Gap & Ann Taylor CEO Steven Newman Lists Delray Beach Estate For $8.595 Million

 Steven Newman, Chief Executive Officer, President and Board Member for some of the world's top global women's and men's multi-channel retail brands, including The Gap, Ann Taylor, Brooks Brothers, Eddie Bauer and Loehmann's is selling his Delray Beach estate for $8.595M.
 
The expansive 2.5 acre property is located in Stone Creek Ranch, known as a new CEO haven, and features 8 bedrooms, 7 full baths, and 2 half baths in total. The 6 bedroom main house offers 9,974 SF of living space with everything you could imagine including a a movie theater, wine cellar, gym, chef's kitchen, formal dinging room, expansive 7 car garage and game room. The estate also includes a large guest house, tennis court, multiple outdoor lounge areas, summer kitchen and pool. 

16091 Quiet Vista Circle, Delray Beach, FL is currently listed for $8,595,000 with Laurie Dietz and Maureen Murtaugh of Douglas Elliman.
 
Over his career Steve Newman has been chosen as CBS Television's first "Undercover Boss" representing the retail industry, as well as serving as a Bloomberg News Advisor providing commentary and insight on current retail industry topics and trends.