Star Island manse fetches nearly $19M

Miami /
Jul.July 14, 2014 10:30 AM

A Star Island mansion traded for nearly $19 million, The Real Deal has learned.

Real estate investor Sam Jacobson and his wife Roni sold their 31 Star Island Drive home in a transaction recorded on Friday, according to Miami-Dade County records. The couple paid about $4.2 million for the 11,000-square-foot house in 1998. The Miami Beach manse was constructed in 1926.

White Buffalo Partners is the buyer of the 10-bedroom, eight-bathroom mansion. The company did not obtain financing for the purchase. It is registered in Delaware, which does not identify corporate principals in state records.

The buying company lists 30 Star Island Drive as its mailing address. That home is owned by New York hedge fund manager Wayne Holman, who paid more than $28 million for the property in April.

Jill Eber and Jill Hertzberg of Coldwell Banker Residential Real Estate’s The Jills team listed 31 Star Island for sale. The manse was originally listed with a $23 million asking price. Features include a bar, boat docks, a gym, movie theater and tennis court.


Related Articles

arrow_forward_ios
James Star and The Caribbean at 3737 Collins Avenue in Miami Beach (Photos via Google Maps; Chewy)
Finance mogul linked to Crown family buys Miami Beach penthouse and cabana for $13M
Finance mogul linked to Crown family buys Miami Beach penthouse and cabana for $13M
 Matthew Whitman Lazenby with 7825 Atlantic Way (Blue Ocean Photography, iStock)
Bal Harbour Shops owner upgrades to oceanfront estate in Miami Beach
Bal Harbour Shops owner upgrades to oceanfront estate in Miami Beach
46 Star Island Drive (Google Maps)
Iacovelli finds a buyer for his Star Island mansion once asking $65M
Iacovelli finds a buyer for his Star Island mansion once asking $65M
Westime owner Jean Simonian and Washington Park Hotel. (Facebook via Westime and Washington Park Hotel)
Ladder Capital sells Witkoff’s Miami Beach hotel for $44M
Ladder Capital sells Witkoff’s Miami Beach hotel for $44M
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
Vlad Doronin, Len Blavatnik and a rendering of Aman Miami Beach (Getty)
Aman Miami Beach secures another approval tied to luxury hotel and condo project
Aman Miami Beach secures another approval tied to luxury hotel and condo project
(Google Maps, Ritz Carlton)
Miami-Dade condo sales and dollar volume dip in mid-February
Miami-Dade condo sales and dollar volume dip in mid-February
German Rosete with 70 North Hibiscus Drive (Getty, Douglas Elliman)
Mexican film producer buys Hibiscus Island mansion
Mexican film producer buys Hibiscus Island 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...