The Real Deal Miami

Porn king’s former Miami Beach home hits market for $22M

Asking price is more than $3,200 per square foot
The home at 4750 North Bay Road

The home at 4750 North Bay Road

A 1930’s-era bayfront mansion in Mid-Miami Beach was just listed for $22 million, more than double the price a Miami porn mogul sold it for last year.

The home, located at 4750 North Bay Road, is an all-white Italian villa with arched doorways and windows, a vine-covered patio and a pool courtyard with 100 feet of water frontage.

Arguably its most impressive feature is a three-story turret: a spiral staircase, complete with a crystal chandelier hanging in the middle, leads up to the turret’s top deck with 360-degree views.

Listing agent Nelson Gonzalez of EWM

Listing agent Nelson Gonzalez of EWM

Nelson Gonzalez, an agent with Esslinger Wooten Maxwell, has the listing.

Property records show the home measures 6,785 square feet and occupies a 20,000-square-foot lot. It has five bedrooms, six bathrooms and two half-bathrooms.

Records indicate the owner is a company named Virginia Bright LLC, which is managed by the law firm Isriel Ponzolli & Simpson. The home’s true owner is unknown.

Virginia Bright LLC purchased the home in March 2014 from Kristopher B. Hinson, better known as the co-founder of porn site bangbus.com. That sale was for $10.5 million, which equates to $1,548 per square foot. Its newest asking price is a whopping $3,242 per square foot.

The porn entrepreneur apparently isn’t giving up the North Bay Road lifestyle, though: property records list him as the owner of 5790 North Bay Road, a mega-mansion that used to belong to the late Bee Gee performer Robin Gibb.