French businessman buys Sunset Islands waterfront home for $6.4M

House was listed for nearly $8.5 million in 2015

TRD MIAMI /
Jul.July 11, 2018 02:30 PM

1833 W 24th St in Sunset Island 3

UPDATED July 11, 4:38 p.m.: A French businessman just bought a waterfront Sunset Islands home for $6.4 million.

BLM Investments LLC, led by Donald Lawson, sold the 7,140-square-foot home at 1833 West 24 Street on Sunset Island III of Miami Beach to Parcours Invest LLC, led by Alain Zagury, records show. The home was previously listed for nearly $8.5 million in 2015.

The five-bedroom, seven-and-a-half bathroom house has 75 feet of water frontage, a dock, green space and a heated pool. The two-story home was built in 1985.

The seller was represented by One Sotheby’s International Realty’s Albert Justo and Mirce Curkoski. The buyer was represented by Brigitte Lina Lombari of Keller Williams Elite Properties.

Justo said the buyer plans to do some work to update the aesthetics of the home.

Zagury is the chairman of the supervisory board of Modelabs SA, a French mobile phone company, according to Bloomberg. He received a $6.4 million loan from New Wave Loans Residential LLC to purchase the property, records show.

BLM Investments LLC previously bought the property in 2005 for $4.5 million.

The Sunset Islands are home to many famous celebrities, including MLB Hall of Famer Mike Piazza, who listed his 9,000-square-foot waterfront home for $18.5 million in December of last year.


Related Articles

arrow_forward_ios
Ritz-Carlton Residences Miami Beach

Dialysis exec nabs condo at Ritz-Carlton Residences Miami Beach

1835 West 27th Street and Oren Alexander

Venezuelan oil tycoon lists waterfront Miami Beach mansion for $17M

Miami Beach Mayor Dan Gelber and Natalie Nichols home at 1531 Stillwater Drive (Credit: Getty Images)

Miami-Dade judge strikes down Miami Beach short-term rental ban

Daily Digest Miami

Soffer in talks to buy Diplomat resort in Hollywood, 1-800 PetMeds founder sells Miami Beach house: Daily digest

1771 North View Drive, Julian Johnston, Enrique Iglesias, and Caterine Gomez (Credit: Getty Images)

Enrique Iglesias’ former Miami Beach home trades for $13M

4539 Pine Tree Drive and Shaya Boymelgreen (Credit: Realtor, Getty Images and iStock)

Shaya Boymelgreen sells waterfront estate in Miami Beach

Proposed Galbut residence at 4260 Pine Tree Drive and Russell Galbut

Russell Galbut wants to build a modern mansion on Pine Tree Drive

Cavalier and Henrosa hotels with Susan Gale of One Sotheby’s International Realty

Two South Beach hotels hit the market for $42M

arrow_forward_ios