The Real Deal Miami

French luxury real estate mag editor pays $12M for Venetian Islands home

Jean Pierre Cohen, editor-in-chief of luxury real estate publication, purchased the waterfront property
By Katherine Kallergis | September 19, 2018 05:00PM

1374 South Venetian Way, Fabian Garcia-Diaz, Allan Kleer and Roy Benmeir (Credit: FRI Photography for One Sotheby’s)

UPDATED, Sept. 19, 5:50 p.m.: French magazine editor Jean Pierre Cohen paid $11.7 million for a home on the Venetian Islands.

Cohen, editor-in-chief of Résidences Immobilier, a luxury real estate publication, closed on 1374 South Venetian Way on San Marco Island in Miami on Tuesday, according to the agents involved in the deal. The nearly 8,000-square-foot, seven-bedroom home features a rooftop, glass-walled pool, a dock, a home theater and fireplace.

It was listed with Allan Kleer and Fabian Garcia-Diaz of One Sotheby’s International Realty for $13.9 million. The price set a record for San Marco Island, according to a release. Roy and Rachel Benmeir of One Sotheby’s International Realty represented the buyer.

Property records show Craig M. Dorne, acting as a trustee on behalf of the Gerald H. Goldfarb trust, is the seller. The property last sold for $6.4 million in 2013. The home was developed on a waterfront 10,500-square-foot lot in 2006.

One Sotheby’s said the home is one of a handful in Miami-Dade County to have a rooftop pool.

A number of properties have sold in the Venetian Islands in recent months to buyers who include Menin Hospitality principal Keith Menin  and developer Alex Sapir.

An earlier version of this story listed an incorrect address.