Waterfront Miami Beach mansion linked to Elizabeth Taylor sells for $20M

Taylor lived in the home in the 1940s

Miami /
Dec.December 30, 2020 01:50 PM
2555 Lake Avenue and Elizabeth Taylor, pictured at the house in 1949 (Getty)

2555 Lake Avenue and Elizabeth Taylor, pictured at the house in 1949 (Getty)

The waterfront Miami Beach mansion that the late Elizabeth Taylor called home in the 1940s sold for nearly $20 million.

Property records show 2555 Lake Avenue Home LLC sold the Sunset Islands home to WWWT LLC, a Delaware entity. The seller is managed by Kaloyan Stoyanov of Geneva.

The Stoyanov-led entity paid $15.5 million for the 0.8-acre property in 2013, and listed it for sale in 2017 for $19.9 million.

Dora Puig

Dora Puig

Dora Puig of Luxe Living Realty represented both the buyer and seller. The brokerage declined to comment on the deal.

Taylor lived in the property at 2555 Lake Avenue when she was engaged to William Pawley, whose father developed the 8,082-square-foot house in 1941. It has seven bedrooms, eight bathrooms and one half-bath. There’s also a one-bedroom guest house, a heated saltwater pool, summer kitchen and dock.

Recent sales on the Sunset Islands include the $13 million trade of 1511 West 27th Street, which attorney Wayne Pathman sold to a land trust in December. Hospitality mogul David Grutman sold his waterfront house for $8.3 million — though that’s now back on the market for more than $10 million — and investor Greg Mirmelli sold a mansion for $18 million.





    Related Articles

    arrow_forward_ios
    From left: Milos Raonic, Venus Williams, Serena Williams and Novak Djokovic (Credit: Getty Images)
    Luxury real estate anyone? US Open stars and their palatial pads
    Luxury real estate anyone? US Open stars and their palatial pads
    Lena Dunham and 60 Broadway (Credit: Getty Images)
    Lena Dunham’s “massive real estate mistake”
    Lena Dunham’s “massive real estate mistake”
    All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
    All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
    All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
    Lebron James and his Brentwood home (Getty, Redfin)
    Loss for LeBron? King James lists Brentwood mansion
    Loss for LeBron? King James lists Brentwood mansion
    Bryan Cranston and his California beach house (Getty, Realtor)
    “Breaking” news: Bryan Cranston lists eco-friendly SoCal beach pad
    “Breaking” news: Bryan Cranston lists eco-friendly SoCal beach pad
    Lily Collins and her Beverly Hills home (Getty, Nicholas Property Group)
    “Emily in Paris” star Lily Collins finds buyer for Beverly Hills home
    “Emily in Paris” star Lily Collins finds buyer for Beverly Hills home
    Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard
    Making Lemonade: Don Lemon breaks even on Harlem condo sale
    Making Lemonade: Don Lemon breaks even on Harlem condo sale
    Don Peebles and the Bath Club (Getty, Peebles Corp.)
    Judge slaps Don Peebles’ Bath Club Entertainment with $1M in sanctions
    Judge slaps Don Peebles’ Bath Club Entertainment with $1M in sanctions
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...