Floyd Mayweather Jr. Purchased Miami Beach Mansion for a Knockout Price

Floyd Mayweather Jr., former heavyweight boxing champion recently purchased a waterfront mansion for $18 million.

This home built in 2011 is located at 288 South Coconut Lane on the ultra-exclusive Palm Island in Miami Beach. This waterfront mansion features 3 floors of 10,853 square feet of living space all on a third of an acre. The 9 bedrooms, 10.5 bathrooms boasts 360 degrees views of the Miami skyline, bay, and the ocean.

The amenities for this gorgeous home include an outdoor movie theater, gym, dock, pool, and a 4 car garage. This waterfront home also features a private boat dock that can accommodate a 100-foot boat dock.

The home was originally listed in 2016 for $21.8 million and has since then been on and off the market with the last list price of $19.9 million. The Viyellas originally purchased the lot in 2009 for $2.7 million.

Candido Viyella, a former Morgan Stanley executive, and his wife Annabelle are listed as the sellers for this property, records show. Fojoso LLC, a Nevada-based corporation managed by Mayweather shows as the purchaser of the property.

Mayweather is not a new resident of Miami. Just last year, he sold his Pine Tree Drive home in Miami Beach for $6.3 million. He originally paid $7.7 million for the property.

Mayweather is considered one of the best boxers in the last 10 years. According to Forbes, Mayweather is also considered one of the top-earning athletes of 2019, earning around $915 million for that year.

On Hibiscus Island, a neighboring island, Andrew Mirmelli purchased a waterfront mansion for $21 million and re-listed it for $30 million. Gloria Estefan also sold their Star Island home for $35 million in July 2021. Lea Black of the Real Housewives also sold her waterfront mansion on Star Island for $34 million.

Gloria Estefan Sold Star Island Mansion for $35 Million

The Miami luxury real estate market is hot! It is so hot, that multiple real estate records have been broken in the last few months for Miami-Dade. Just last month, a luxury mansion sold for the highest price sold home in all of Miami-Dade history at $65 million.

Bay Harbor Islands also had a record-breaking sale of $12 million just last week, making it the highest sold home on all of the 2 islands. We are seeing more and more luxury residential homes sell than ever in the past few years and now we can add Gloria Estatfan’s mansion to the list!

Gloria Estefan and her husband Emilio sold their Star Island Mansion for $35 million at the end of July. The buyer for this property is unknown but according to tax records, the buyer is listed under an LLC managed by Tri Star Sports & Entertainment Group.

The gated waterfront mansion located at 1 Star Island Drive features a main house as well as a guest house situated on 1.3 acres of bliss. The two-story main house boasts 3 bedrooms, 6.5 bathrooms, rich hardwood and marble floors throughout, arched doorways, and a large refined kitchen with remarkable ocean views.

At the front of the property is the separate 3 bedroom, 2.1 bathroom guest house. The grounds also feature a pool/spa, private boat dock, tropical foliage, and palm trees providing plenty of privacy. Sean “Diddy” Combs is also the neighbor of this gorgeous estate.

Gloria and Emilio first purchased the home for $1.84 million in 1993. The property has been on and off the market since 2015 at $40 million but the last list price in 2020 was $27.9 million.

Although their house sold, they will reside in their primary home which is reported to be within proximity to Star Island.

Dwyane Wade and Gabrielle Union Sell their Miami Beach Waterfront Mansion for $22 Million

What a crazy week for luxury real estate! Another mansion just sold in Miami Beach by none other than retired Miami Heat basketball player, Dwyane Wade and wife, Gabrielle Union.

Wade and Union first purchased the home located at 5980 North Bay Road in Miami Beach in 2010 for $10.6 million. The couple originally listed the home for $32.5 million in 2019 and lowered the price in December 2020 to $20.6 million. The home has been under contract with the same buyer since January of this year and just closed on June 1, 2021.

Sitting on 13,800 square feet of living, the 6-bedroom, 9 full bathrooms, and 2 half bathrooms is infused with Spanish architecture mixed with contemporary designs throughout. The chef’s kitchen features neutral tones and quartz countertops with Sub-zero and Wolfe appliances. The home also boasts an impressive master suite, wine cellar, and a large theater.

The home sits on professionally manicured 1 acre parcel with an expansive pool overlooking Biscayne Bay, boat dock, outdoor kitchen, guest house, outdoor basketball court, and playground.

The buyer for this property has not been disclosed. Wade and Union are currently residing in Los Angeles where they purchased a Hidden Hills Mansion for $18 million in 2020.

Dwyane Wade retired from his 16-year Miami Heat basketball career in 2019. Wade holds the Miami titles for all-time leader in points, games, assists, steals, shots made, and shots taken. He is also a minority owner of the Utah Jazz.

Gabriel Union is an American actress, activist, and voice actor. She has stared in movie roles on Bad Boys II, Bring It On, and She’s All That. Time Magazine included Union in the 100 Most Influential People in the World of 2020 magazine edition.

Lea Black of the Real Housewives of Miami Sells Waterfront Mansion on Star Island for $34 Million

Another waterfront mansion has just been added to the market and the owner is non-other than Lea Black of the Real Housewives of Miami. Her and her husband, Roy Black are selling their waterfront estate on Star Island for $34 million.

The waterfront mansion is located at 45 Star Island Drive situated at the entrance of Star Island on 1.07 acres with 190 feet of water frontage with an expansive dock. Featuring 9 bedrooms, 9 full bathrooms, and 3 half baths, the home includes 2 stories of 10,636 square feet of living space. The property was built in 1981. Amenities for this massive mansion include a pool and guest cottage.

The Black’s originally purchased the home in 2011 for $7 million, which is also the same year that the Real Housewives of Miami first aired on Bravo.

Leah Black stated in an email to TMZ, “We had planned to renovate and move there ourselves, but later decided that with our son in college, the amount of time we spend traveling and in L.A. that it was not feasible for us to enjoy further. Although we own other homes, this one is very special to us because of the exclusivity it offers and the wonderful people that live there.”

Lea and Roy have listed their home ‘for sale by owner,’ and stated that they have received a few qualified offers. The family also owns home in Coral Gables, Key West, and Los Angeles.

Jennifer Lopez and Ben Affleck Rent a Waterfront Mansion in Miami Beach

As news continues to spread of Jennifer Lopez and Ben Affleck’s rekindling, it was recently announced that the couple have rented a Miami Beach mansion at 2700 North Bay Road in the North Bay Road neighborhood. North Bay Road features some of the most exclusive properties in South Florida, and has a reputation of luxury, exclusivity, and celebrity appeal.

Lopez and Affleck’s current residence was originally listed at $130,000 a month and still remains active on Miami’s Multiple Listing Service. With Bayfront views, this estate sits on 0.6 acres with 100 feet of water frontage.

With 11 bedrooms, 12 full bathrooms, and 3 half baths, this stunning 2-story residence features 10,114 square feet of living space. Additionally, the home features a guest house, 3 parking garages, gym, office, master suite with expansive balcony, large pool, jacuzzi, spa, and boat dock.

Originally built in 1925 by MV Group USA, the home was renovated in 2015 with a more modern and minimalist design. The home was originally listed for sale in December 2020 for $18.9 million and sold to a Jewelry designer, Paul Morelli in April 2021 for $17.5 million. The home was then listed for rent for $130,000 monthly and the status is still showing as ‘active’ in the MLS. According to the New York Post, Lopez is the one who rented the mansion.

Jennifer Lopez has previously owned in the neighborhood at 5800 North Bay Road but sold the property to Phil Collins for $33 million in 2015. Lopez and recent ex-fiancé, Alex Rodriguez purchased a home together on Star Island in Miami in late 2020 and it is unclear what they plan to do with the home since their separation.

Lopez and Affleck were previously engaged in 2002 but separated in 2003. Alex Rodriguez is still living in Miami at his other home located in Coral Gables, Florida.

Cindy Crawford & Rande Gerber Buys Waterfront Condo at The Ritz-Carlton Residences Miami Beach

We’ve confirmed with multiple sources that Cindy Crawford and Rande Gerber recently purchased a luxury waterfront residence at The Ritz-Carlton Residences Miami Beach. The ultra-luxe, ultra-exclusive waterfront development is centrally located in Miami Beach at 4701 North Meridian Avenue, just minutes from the art-centric Faena District and, more importantly, within blocks of 4404 North Bay Road, the address of the waterfront home the celebrity couple purchased this past December for $9.625M. Crawford and Gerber plan to tear down the house currently residing there and build anew atop the 17,000-square-foot lot featuring over 100 feet of water frontage and wide-open bay views. By living so close to their North Bay Road address, the duo will be able to keep a close eye on construction. (After all, we all know that everything runs behind schedule in Miami!)

Two-bedroom condos at The Ritz-Carlton Residences Miami Beach range from 1,879 to 3,207 interior square feet plus terrace. The residences feature private elevator foyers, floor-to-ceiling glass windows, a Boffi-designed kitchen with Gaggenau appliances, and a jetted soaking tub in the master bath.

Other notables who have purchased property at The Ritz-Carlton Residences Miami Beach include MLB Hall of Fame catcher Mike Piazza; CEO of American Eagle Outfitters, Jay Schottenstein; and former Miss Germany Petra Levin.

The Ritz-Carlton Residences Miami Beach is no longer Miami Beach’s best-kept secret. Since December, including Crawford and Gerber’s recent purchase and our own Lucas Lechuga’s record-breaking penthouse sale in January, over $125M worth of property has sold at The Ritz-Carlton Residences Miami Beach!

Is Kim Kardashian Moving to Miami?

American media personality and socialite, Kim Kardashian may be making the move to Miami along with other celebrities who are leaving the west coast. With announcements of her recent filing for divorce from rapper Kayne West; Life & Style Magazine have revealed that Kim K. is “checking out Miami real estate – and Miami men.”

Her claim to fame came when she first debuted on television as the personal stylist and friend to Paris Hilton. Over the years, she has created brands KKW Beauty, KKW Fragrance, and SKIMS; as well as starring in a hit reality tv show ‘Keeping Up with the Kardashians’ that just ended its’ final season. Sources have said that Kim K. wants to restart her life and has referenced Miami being her target.

Florida is known for its less strict COVID guidelines, no state income tax, and lower cost of living; it should be of no surprise that a large number of celebrities are leaving the west coast and moving to South Florida.

Other celebrities that have made their way to Miami include; Ivanka and Jared Kushner purchasing their $32.2 million estate in Miami Beach’s Indian Creek, Tom Brady and Gisele Bündchen purchased a $17 million home also in Indian Creek, and Rob Gronkowski purchasing a $1.7 million condo in the Marquis Residences.

Kim and her sister Kourtney Kardashian previously lived in Miami from 2009-2013 when they filmed their spin-off series; ‘Kourtney and Kim Take Miami.’ Whether she purchases a condo in downtown or in the famous Indian Creek where many celebs flock too, we will definitely be on the look out for Kim Kardashian’s next moves!

6 Time Grammy Award Winner, Shakira is Selling Her $16 Million Home in Miami

The Colombian singer and songwriter Shakira, previously listed her 9,125 square foot home in 2018 in Miami for $11.6 million. Just 3 years later, she has gone back on the market at a list price of $15.9 million. With Miami’s hot real estate market and limited residential inventory, it is no surprise that she would increase her list price.

This gorgeous oceanfront mansion on 0.5 acres with 6 bedrooms and 7.5 bathrooms sits just off of North Bay Road Drive. Built in 1951, it has been extensively renovated with the help of architects Ben Lopez & Associates.

The expansive pool and cabana overlooks 100 feet of water access to Miami Beach’s Biscayne Bay.

The interior features Venetian plastered walls and silver finishes throughout. The interior designer of this remarkable home is Renata Lessa Bastos, owner of Trace Design Studio in Miami. With its’ minimalist and modern design, this gorgeous home is truly one of a kind.

The kitchen features a wall of double ovens and a large wine fridge. Expansive seating makes this space perfect for entertaining.

The large master bathroom boasts double sinks, jacuzzi tub, and natural lighting making it the perfect retreat!

Other celebrities that have lived on this road include: Jennifer Lopez, Michael Bay, Ricky Martin, and Alex Rodriguez.

For more information on this property or other properties, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.

Fisher Island Penthouse Formerly Owned by Oprah Winfrey Breaks Price Per Square Foot Record

The Miami luxury real estate market is on fire and, with season recently kicking off, it’s bound to get hotter. To gets things cooking, the last day of November saw a record-breaking sale on the ultra-exclusive Fisher Island where a trophy penthouse formerly owned by Oprah Winfrey sold for $20,000,000, or $3,242 per square foot. On a price per square foot basis, the sale broke the previous record set in 2016 by PH3 at Palazzo Del Sol.

Winfrey’s former residence, PH7292 at Oceanside, has 4 bedrooms, 4.5 bathrooms, a powder room, 6,170 interior square feet, and wraparound terraces offering 360-degree views of the water and city skylines. Additionally, the property, which was professionally curated by award-winning interior designer Chahan Minassian, features a large master suite with His and Hers en-suite bathrooms and dressing rooms, 20-foot-high arched ceilings, an oversized kitchen with a wood-burning over, hand-plastered walls, and elegant yet relaxed weathered linen furnishings. The ultra-luxe condominium building is situated along the eastern end of Fisher Island offering sweeping views of the Atlantic Ocean.

The seller of Oceanside PH7292 was represented by real estate broker extraordinaire Dora Puig who was recently ranked by Real Trends (published by the Wall Street Journal) #1 in Miami-Dade County, #4 in Florida, and #9 in the United States. Puig, the principal broker and founder of Luxe Living Realty, a premier luxury boutique brokerage located in South Beach, has achieved over $3 billion in sales in her 30-plus-year career.

According to Puig, the party for Miami real estate is just getting started. “In my opinion,” said Puig, “we’re only starting the third set of the Wimbledon Grand Slam of what will be known as an unprecedented real estate boom for South Florida”. With Northeasterners relocating there in droves, historically-low interest rates, and no state income tax; I must say, I have to agree with her.