Trending
Lennar chairman Stuart Miller sells waterfront Star Island mansion for $50M
Spec house had a whisper price of about $65M
UPDATED, July 28, 9:30 a.m.: Homebuilder Stuart Miller sold a newly built waterfront spec mansion on Miami Beach’s Star Island for $49.5 million.
Miller’s Twenty-Two Star Island LLC sold the property at 22 Star Island Drive to the Hopadrepo Trust, led by trustee Donna Forlizzi, records show. Forlizzi owns Family Offices Services & Support in the Boston area, according to her LinkedIn profile.
The 17,000-square-foot modern estate, with seven bedrooms, nine bathrooms, and an additional 6,000-square-foot, two-bedroom guest house – that Miller had moved from one side of the property to another — sold in an off-market deal. It closed July 21.
Miller’s son David Miller, as well as David Solomon, both of Berkshire Hathaway HomeServices EWM Realty, were involved in the deal, according to sources. Todd Michael Glaser was the builder and Domo Architecture + Design designed the compound. Dunagan Diverio Design Group, led by Charlotte Dunagan, was the interior design firm.
The property had a whisper price of $65 million, though David Miller told TRD earlier this year that, “We’re not certain that we want to sell the home, and we prefer it not be publicized.”
Stuart Miller, executive chairman of Lennar Corp., moved the house that was previously on the site, which was built in 1931, after plans to knock down the house caused an uproar among preservationists.
Over Super Bowl LIV weekend in February, the new estate was home to the “Big Game Big Give” fundraiser, with tickets starting at $12,500 per person. Celebrities in attendance included Breaking Bad stars Bryan Cranston and Aaron Paul.
Miller owns a number of other properties on Star Island, including 4, 5, 6, 11, and 12 Star Island Drive. Last year, he sold 10 Star Island Drive for $17.5 million.
The sale of 22 Star Island marks the second most-expensive home sale ever in Miami-Dade County, behind the $49.9 million sale of 3 Indian Creek Island Road in early 2019. Earlier this year, Leon Medical Centers founder Benjamin Leon Jr. sold a waterfront mansion in Gables Estates for $49 million, now the third most expensive single-family home sale ever in the county.
Write to Katherine Kallergis at kk@therealdeal.com