$29 million home sale sets Star Island record
A new contemporary-style mansion at 30 Star Island Dr. sold Friday for $29 million, the highest price recorded for the Miami Beach island.
“We’re in a very healthy market and Star Island has always been and continues to be sought after,” said luxury superbroker Jill Eber, half of The Jills Team at Coldwell Banker, which sold the listing on the gated island for developers Todd Glaser and the Posner Group.
“We’re seeing a market that is very strong,” said Jill Hertzberg, the other Jill on the team, which also sold 15 Star Island Dr. in March for $17.5 million. That property, which sits on a 40,000-square-foot lot, is expected to be knocked down and supplanted with a more lavish manse.
The seller of 15 Star Island was Alfonso C. Rey, founder and chairman of Miami-based Centurion Air Cargo, and the buyer was George Lindemann, a Palm Beach investor who is No. 488 on Forbes magazine’s list of billionaires with assets listed at $3.4 billion.
The latest sale at 30 Star Island is a spectacular, 16,000-square-foot estate, also on a 40,000-square-foot lot, with glass walls to take advantage of the views of Biscayne Bay. It has 11 bedrooms, 11 full and 2 half baths, and an 1,800-square-foot guest house with a private pool. The main home has a spa bathroom off the master suite, a theater, a gym, a gourmet chef’s kitchen, an elevator, a rooftop deck, a cabana and a five-car garage.
The sale was below the asking price of $35 million.
Several other properties on the island changed hands recently. Rosie O’Donnell sold her place there in 2013.