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

Taylor lived in the home in the 1940s

Miami /
Dec.December 30, 2020 12:05 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: Huntley Mayor Charles Sass, Prime Group CEO Michael Reschke and the project site (Credit: Google Maps)
    Chicago Cheat Sheet: Developer suing village over outlet mall, ex-Bear Lance Brigg’s homes sell in foreclosure…& more
    Chicago Cheat Sheet: Developer suing village over outlet mall, ex-Bear Lance Brigg’s homes sell in foreclosure…& more
    Spice Girl looks to part with Hollywood Hills home, chops price by $3M
    Spice Girl looks to part with Hollywood Hills home, chops price by $3M
    Spice Girl looks to part with Hollywood Hills home, chops price by $3M
    John Hughes’ widow shopping Lake Forest mansion after picking up $12M home
    John Hughes’ widow shopping Lake Forest mansion after picking up $12M home
    John Hughes’ widow shopping Lake Forest mansion after picking up $12M home
    Kanye West donating $1M to restoration of historic South Side theater
    Kanye West donating $1M to restoration of historic South Side theater
    Kanye West donating $1M to restoration of historic South Side theater
    John and Eunice Johnson's desert mansion (Credit: Compass, Wikimedia Commons)
    Desert mansion once owned by Ebony, Jet publishers hits market for $5.3M
    Desert mansion once owned by Ebony, Jet publishers hits market for $5.3M
    John Wayne’s former property marketed as potential pot farm
    John Wayne’s former property marketed as potential pot farm
    John Wayne’s former property marketed as potential pot farm
    West Loop loft featured on “Chicago Fire” hits the market
    West Loop loft featured on “Chicago Fire” hits the market
    West Loop loft featured on “Chicago Fire” hits the market
    (Credit from right: Instagram, Realtor.com)
    Cubs slugger Anthony Rizzo unloads South Florida mansion

    Cubs slugger Anthony Rizzo unloads South Florida mansion

    arrow_forward_ios

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

    Loading...