Former Sunglass Hut exec sells Brickell home to Miami developer

Terra Group’s David Martin bought 2-acre estate for $14M

TRD MIAMI /
Mar.March 31, 2015 04:30 PM

A former Sunglass Hut owner sold his Brickell mansion — after it spent more than 1,200 days on the market — to Terra Group’s David Martin and his wife Christina.

Dean and Jania Ziff sold the 2-acre estate at 2999 Brickell Avenue for $14 million on March 20, according to Miami-Dade County records.

The 14,433-square-foot waterfront mansion includes eight bedrooms, seven-and-a-half bathrooms, a Jacuzzi, pool, a tennis court and a Moroccan-inspired terrace. It was built between 1990 and 1992 and faces Biscayne Bay, according to county property records. The house last sold in 1995 for an undisclosed amount.

Its asking price fluctuated since it was first listed in 2011, hitting $25 million later that year. More recently, Coldwell Banker’s Jill Hertzberg of The Jills represented the Ziffs. It was on the market until January for $13.9 million.

Dean Ziff’s father, Sanford Ziff, founded Sunglass Hut. Dean was co-owner of the company until the family sold its stake in 1991.

Terra’s David Martin and his father Pedro Martin are working on developments in Coconut Grove — Grove at Grand Bay and Park Grove — and in Doral, among others.


Related Articles

arrow_forward_ios
Todd Leebow and Glass in South Beach (Credit: AMM, Seaside Properties Group)

Ohio steel family sells South Beach condo for 48% off ask

Ohio steel family sells South Beach condo for 48% off ask
David Martin and Miami Beach Marina (Credit: Google Maps)

David Martin proposing mixed-use tower at Miami Beach Marina

David Martin proposing mixed-use tower at Miami Beach Marina
Eighty Seven Park and David Martin

Eighty Seven Park condo sells for $18M to tax-motivated buyer

Eighty Seven Park condo sells for $18M to tax-motivated buyer
Daniel Glass and Eighty Seven Park (Credit: Charley Gallay/Getty Images for Citi)

Music exec, Goldman Sachs director snag condos at Eighty Seven Park

Music exec, Goldman Sachs director snag condos at Eighty Seven Park
Eighty Seven Park, David Martin of Terra

Terra, partners pay off Eighty Seven Park’s $155M construction loan

Terra, partners pay off Eighty Seven Park’s $155M construction loan
Rendering of Doral Square and David Martin

Terra boosts loan for Doral Square retail project by $19M

Terra boosts loan for Doral Square retail project by $19M
David Martin and Renzo Piano

Sneak peek inside Renzo Piano-designed Eighty Seven Park

Sneak peek inside Renzo Piano-designed Eighty Seven Park
David Martin and Jackie Soffer, with a rendering of the project

800-key Miami Beach Convention Center Hotel to be a Grand Hyatt

800-key Miami Beach Convention Center Hotel to be a Grand Hyatt
arrow_forward_ios

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

Loading...