Head of Boston equity firm lists Key Biscayne estate for $14M

Miami /
Sep.September 08, 2016 02:15 PM

The head of a Boston-based private equity investment firm and his wife are looking to sell their waterfront Key Biscayne estate. 

Robert G. Segel and Janice L. Sherman listed their seven-bedroom, 7,445-square-foot home for $13.9 million earlier this month. Segel is managing director of Park Street Capital, a private investment firm. Segel and Sherman also have a nonprofit together call the Robert Segel and Janice L. Sherman Family Foundation, also based in Boston.

The two-story Key Biscayne house was built in 1998, and includes a home office, family room, gourmet kitchen, three-car garage, terraces and a man-made beach and dock. Brigitte Nachtigall of Great Properties International is the listing agent, according to Realtor.com.

The couple paid nearly $8 million for the 19,085-square-foot property in 2005, and put it on the market in 2013 for $15.2 million but later took it off the market, Realtor.com shows.

Other pricey listings in Key Biscayne include a Mashta Point home featured in the 2006 movie remake of “Miami Vice.” That property was listed last month for $39 million. – Katherine Kallergis


Related Articles

arrow_forward_ios
Key Biscayne

Key Biscayne voters approve $100M bond tied to climate change

Key Biscayne voters approve $100M bond tied to climate change
Alfonso Munk and 100 Island Drive (Linkedin, Realtor)

Hines exec buys Key Biscayne mansion for $7M

Hines exec buys Key Biscayne mansion for $7M
460 N Mashta Drive & David Siddons of Douglas Elliman

Brazilian family sells waterfront Key Biscayne mansion for $13M

Brazilian family sells waterfront Key Biscayne mansion for $13M
Platinum Equity's Johnny O. Lopez and 7 Harbour Point, Key Biscayne (Realtor)

Platinum Equity founding partner sells Key Biscayne waterfront mansion for $16M

Platinum Equity founding partner sells Key Biscayne waterfront mansion for $16M
Leonard Boord & Phillip M. Jaffe & Ocean Tower Two in Key Biscayne (Credit: Google Maps)

Cryptocurrency exec sells oceanfront Key Biscayne condo for $6M

Cryptocurrency exec sells oceanfront Key Biscayne condo for $6M
A map of Miami condo sales and Ocean Tower Two (Credit: Google Maps)

Miami condo sales decline going into October

Miami condo sales decline going into October
630 South Mashta Drive (Credit: Google Maps)

Management consultant buys Keys Biscayne waterfront lot

Management consultant buys Keys Biscayne waterfront lot
John Dasburg, Nestor Cano, Pablo Alfaro with 730 Harbor Drive (Credit: Liaison/Getty Images, Sprint, and Google Ma[s)

Former Burger King CEO sells waterfront Key Biscayne home to Sprint exec

Former Burger King CEO sells waterfront Key Biscayne home to Sprint exec
arrow_forward_ios

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

Loading...