The Real Deal Miami

Developer Michael Capponi sells Sunset Island home for $5.1 million

November 03, 2011 12:32PM

Developer and nightclub impresario Michael Capponoi has sold his home on
Sunset Island for $5.17 million, the highest price point on the island
since 2007. Capponi bought the home in 2005 for $2.3 million, and
oversaw a complete reconstruction two years later by his Capponi
Construction Group. The home, which is located at 1620 W 21 Street, has five bedrooms, seven bathrooms and
6,000 square feet of interior space. It was listed by Dina Goldentayer
and Sladja Stantic of the DS Team in March for $5.15 million. — Alexander Britell