Vacant Star Island property trades for $10.5M

Parcel adjacent to DenTek founder John Jansheski's mansion

TRD MIAMI /
Jun.June 02, 2014 11:15 AM

A vacant residential property next to DenTek founder and CEO John Jansheski’s Star Island mansion changed hands for $10.5 million, The Real Deal has learned.

Villa Maria Helena Holdings sold the 40,000-square-foot parcel adjacent to 27 Star Island Drive on May 23, according to Miami-Dade County records. The county recorded the transaction on Friday. Jeannette Varela is identified in the deed as Villa Maria’s managing member.

MIP 28 Star Island is the buyer. The company is registered in Delaware, which does not identify principals in its state corporate records. MIP did not obtain financing for the purchase.

The buying company lists 27 Star Island Drive as its mailing address on the deed. The 10,444-square-foot mansion at 27 Star Island Drive is owned by Knoxville, Tenn.-based Starboard Florida IV. Jansheski is Starboard’s managing member.

Jansheski paid $10.8 million for 27 Star Island Drive in May 2011. He put it on the market for $21 million in March 2012 but was unable to find a buyer.

Jill Eber and Jill Hertzberg of The Jills brokerage team at Coldwell Banker arranged the transaction on behalf of the seller. Lipe Medeiros of Douglas Elliman Real Estate represented the buyer.


Related Articles

arrow_forward_ios
Prive at Island Estates and BH3’s Charlie Phelan, Greg Freedman and Daniel Lebensohn and Gary Cohen

Privé at Island Estates developer sues Suffolk Construction over defects

Privé at Island Estates developer sues Suffolk Construction over defects
Pierre Brondeau and Palazzo Del Sol

Pesticide exec pays $14M for Palazzo Del Sol condo

Pesticide exec pays $14M for Palazzo Del Sol condo
Howard Lorber and 1525 North View Drive

Howard Lorber buys waterfront Sunset Islands home for $12M

Howard Lorber buys waterfront Sunset Islands home for $12M
2201 Sunset Drive and David Grutman (Credit: Douglas Elliman)

Hospitality mogul David Grutman lists Sunset Islands home

Hospitality mogul David Grutman lists Sunset Islands home
Jim Cohen, Fontainebleau Development’s president of Residential, and Jeffrey Soffer, with SeaGlass Jupiter

Jeffrey Soffer’s Fontainebleau Development launches sales of Jupiter Island luxury condos

Jeffrey Soffer’s Fontainebleau Development launches sales of Jupiter Island luxury condos
2138 Bay Avenue, Miami Beach (Credit: Google Maps)

Toronto financier pays $14M for Sunset Islands home

Toronto financier pays $14M for Sunset Islands home
Map of priciest condo sales and Palazzo Del Sol (Credit: Google Maps and Douglas Elliman)

$12M Fisher Island closing tops weekly condo sales in Miami-Dade

$12M Fisher Island closing tops weekly condo sales in Miami-Dade
Fisher Island (Credit: Fisher Island)

Nation’s richest ZIP code received a $2M PPP loan. Residents voted to reject it

Nation’s richest ZIP code received a $2M PPP loan. Residents voted to reject it
arrow_forward_ios

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

Loading...