Tag Archives: palm island

Palm Island in Miami Beach

Major Food Group’s Mario Carbone Buys Palm Island Estate

Palm Island in Miami Beach

Major Food Group’s co-founder, Mario Carbone and girlfriend Cait Bailey, have recently bought on Palm Island in Miami Beach.

The 3,422-square-foot refurbished home cost Carbone roughly $4.3 million. According to the listing, George Fink, an architect, created the two-story house in 1925. It was listed at the end of June for $4.2 million and closed at the end of August 2022.

The estate located at 275 Palm Avenue in Miami Beach features 5 bedrooms, 3.5 bathrooms with a 2 car attached garage. The Mediterranean style home boasts high-impact windows, high-end stainless steel appliances, renovated bathrooms, and a spacious courtyard. There are guest quarters located over the garage.

The sellers are listed as Gregory Rumpel who is the senior director of JLL’s Hotels & Hospitality Group and his wife, Jacqueline. They originally purchased the home in 2013 for $1.3 million.

Since landing in Miami in late 2020, the New York-based Major Food Group, led by Carbone, Rich Torrisi, and Jeff Zalaznick, have experienced rapid growth in South Florida. Last year, Zalaznick and his wife Alison spent $15 million on a property on Miami Beach’s Sunset Islands. Mike Piazza, a member of the Baseball Hall of Fame, and his wife, Alicia, sold the land to the Zalaznicks.

In addition to Carbone and HaSalon in South Beach, Dirty French Steakhouse in Brickell, Sadelle’s at The Boca Raton Resort & Club, Sadelle’s in Coconut Grove, and the members-only ZZ’s Club in the Miami Design District, Major Food Group has opened more than 30 restaurants, hotels, and private clubs around the world.

A gourmet market will be a part of the 10,000 square feet Sadelle’s Restaurant and Market Place that the company hopes to open at 1212 Lincoln Road in Miami Beach.

Palm Island is an 82-acre man-made island just south of Hibiscus Island in Biscayne Bay, and only accessible by land via the MacArthur Causeway. It is known for its gorgeous landscaping, luxurious homes, breathtaking bay views, and exclusivity, making it a premier location for the Miami Beach elite.

Miami Mansion 198 Palm

Developer Sells Palm Island Mansion for $17 Million

Aerial View of 198 Palm
Front Elevation of 198 Palm

Miami-based developer Pedro Adrian of Adrian Homes has recently sold his Palm Island waterfront mansion for a cool $17 Million. The buyer, listed under a LLC by the name of JLG Family Holdings LLC, purchased the property at $1,459 per square foot. The LLC is managed by Jorge and Aida Garcia of Miami Beach.

Located at 198 Palm Avenue, Miami Beach, this gorgeous estate was originally built in 2016 by Adrian and his wife Adria. Featuring 30,000 square feet of property and 100 feet of water frontage, this land is the perfect backdrop for the modern Mediterranean home.

The lot itself is considered one of the largest lots on Palm Island with one of the best views overlooking the downtown Miami Skyline.

The property features 14,000 square feet of unrivaled living space. A total of 6 bedrooms, 8.5 bathrooms, and a 4 car garage make this home truly spectacular. This mansion is not limited in amenities and the lucky buyers will enjoy a sauna, fitness room, and a temperature-controlled wine cellar.

Family Room of 198 Palm

This estate boasts top-of-the-line appliances and mechanicals. The backyard is complete with a 20×40 heated pool, expansive terrace with a summer kitchen and BBQ installation. The 2 large gazebos overlook the ocean and the spacious dock.

The Adrians own a primary home located at 145 Palm Avenue as well as an adjacent lot that features a tennis court.

Adrian Homes is a residential development company based in Miami. They have a long history with Miami and have been established in the area for the past 42 years. Adrian’s has built over 5,000 single-family homes as well as many retail and commercial centers in the Miami Area.

Kitchen of 198 Palm
Backyard of 198 Palm
Al Capone's Miami Mansion

Former Mansion of American Gangster Al Capone is Facing Demolition

Al Capone's Miami Mansion
photo credit: 93palm.com

Al Capone was born in 1899 in Brooklyn, New York to Italian immigrant parents. He was one of eight children while his mother was a seamstress and his father was a barber. He had a regular childhood and nothing notable could predict his claim to American fame.

Capone later became the most infamous gangster in American history. In the ’20s, Capone began his Chicago operations of bootlegging, gambling, and organized crime which became a multi-million dollar business. At the time of the St. Valentine’s Day Massacre on February 14, 1929, he retreated to his Miami waterfront mansion to hide out from authorities.

The Original 93 Palm Avenue Site
photo credit: 93palm.com

After being released from prison after a six-and-a-half-year stint, Al Capone spent his last years living in Miami on Palm Island at 93 Palm Avenue. The waterfront mansion was originally built in 1922 and Capone and his wife purchased the home in 1928 for $40,000, just 3 years before he was sentenced to prison. The title shows that the home was purchased under Capone’s wife’s name.

The home has had many owners, as well as, extensive remodels over the years. The 0.6-acre lot features a colonial-style home with four bedrooms and 3.5 bathrooms. The more unique and original features of the home are still there including a black and gold Art Deco powder room, 1920’s ceilings lights as well as the fireplace located in the living room. The home also showcases french doors, hardwood floors, and double-hung windows.

Al Capone's Original Black and Gold Bathroom
photo credit: 93palm.com

The outside features 100 feet of Biscayne Bay water frontage with a 30×60 foot pool next to a 2-story cabana that is water-facing. At the front of the property sits a guesthouse with 2 bedrooms and 1 bathroom.

The home is currently owned by business partners including developer Todd Glaser who purchased the home this summer for $10.75 million. The plan is to demolish the home and build a modern-style spec home with 8 bedrooms, 8 bathrooms, spa, jacuzzi, and sauna.

Modern Spec Mansion on Palm Island
photo credit: Nelson Gonzalez

Glaser and business partner Nelson Gonzalez have condemned the house stating that it sits 3 feet under sea level, has water damage as well as sitting water under the home.

The home is currently on the docket for the Miami Historic Preservation Committee’s historic designation for the September agenda. According to Glaser, he stated that this will not stop their plans for building the new mansion and beginning demolition of Capone’s former home.

The property with the spec home is currently listed for sale at $16.95 million. The modern mansion will be designed by Kodi Karp.

93 Palm Avenue on Palm Island
photo credit: Nelson Gonzalez
Floyd Mayweather Purchased Waterfront Mansion

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

Floyd Mayweather Purchased Waterfront Mansion
Photo Credit: Douglas Elliman

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.