The Real Deal Miami

Star Island home of Lennar founder Leonard Miller hits the market for $49M

Millers' son Stuart Miller is building a compound nearby on the exclusive island

23 Star Island Drive (Inset: Jill Hertzberg and Jill Eber)

The former home of the late Lennar Corp. founder Leonard Miller and his wife Susan Miller, a prominent Miami philanthropist, was just listed for sale for $49 million, the Jills announced on Wednesday.

The homebuilder, who died in 2002, and his wife, who died late last year, built the waterfront estate at 23 Star Island Drive in 1973. The seven-bedroom, 10,211-square-foot mansion sits on a 1.85-acre lot with 327 feet of water frontage, a pool, lighted tennis court, dock and boat lift, according to Coldwell Banker. Jill Eber and Jill Hertzberg are listing the property.

Records show the Millers paid $210,000 for the point lot in 1973. The estate includes a separate guest house with two bedrooms, two baths, a kitchen and a living room.

Stuart Miller, one of the Millers’ three children and the current chairman and CEO of Lennar, is building himself a mega compound nearby on three lots at 11 Star Island. He secured approval for a 120,000-square-foot property (outdoor space included) with underground parking, a lagoon and guest house last year. He also owns 22 Star Island, which includes a 1931 mansion that Miller moved elsewhere on the 1.4-acre plot. There, he’s building a modern, two-story mansion that was approved last year.

The exclusive island has been home to celebrities like Sean “Diddy” Combs, Gloria and Emilio Estefan, Don Johnson, Rosie O’Donnell and Shaquille O’Neal. The Estefans have 1 Star Island Drive on the market for $37 million.

Last year, Marco Iacovelli, the founder of Rally Manufacturing, listed his mansion at 46 Star Island Drive for $65 million –marking the priciest home on the market in Miami-Dade County.

Phillip and Patricia Frost also live on Star Island. – Katherine Kallergis