Techrin closes on Star Island property in a month

Less than a month after listing a 48,266-square-foot lot at 44 Star
Island Drive, Techrin Estates has closed on the property, which has 220
feet of waterfront. It was listed on the firm’s site at $7.25 million.
Star Island, part of the City of Miami Beach, is home to a number of
celebrities, including Rosie O’Donnell, Gloria Estefan and Sean “Diddy”
Combs. Shaquille O’Neal sold his house at 26 Star Island Drive for $16 million in June. That sale made The Real Deal’s top-five residential deals of 2009,
when comparable homes had been sold for an average of $6 million.
Techrin is also listing a $10 million home at 30 Star Island Drive. TRD