WhatsApp investor buys Venetian Islands teardown next to his $22M mansion

Miami /
Jan.January 28, 2019 10:30 AM

204 West Dilido Drive and Jim Goetz (Credit: Google Maps and Sequoia)

WhatsApp investor Jim Goetz just picked up a waterfront teardown next to his $22 million Miami Beach mansion.

Goetz, of Sequoia Capital, paid $7.6 million for the three-bedroom, 3,446-square-foot home at 204 West Dilido Drive on the Venetian Islands, property records show. Gabriel Salloum, a plastic surgeon, sold the house to 204 West Dilido Drive LLC, a company controlled by the venture capitalist.

Goetz topped the Forbes “Midas” list in 2016 for his investment in the messaging app, turning a $60 million investment into more than $3 billion of Facebook stock, according to Forbes. WhatsApp sold to Facebook for $22 billion in 2014.

In 2017, he paid $22 million for the seven-bedroom, 11,600-square-foot home at 212 West Dilido Drive, which was on the market for as much as $35.9 million.

Property records show Salloum, a surgeon in Miami Beach, paid $3 million for the adjacent house in 2011. It was built in 1939 on a 10,500-square-foot lot.

The city of Miami Beach approved a demolition permit for the house in September. Bart Reines Construction is the general contractor. Last year, Salloum also filed plans seeking a permit to build a new house, designed by Kobi Karp and built by Reines, with a pool on the property.


Related Articles

arrow_forward_ios
114 West San Marino Island

Island Queen Cruises founder sails away from Venetian Islands home for $6M

Island Queen Cruises founder sails away from Venetian Islands home for $6M
Julian Johnston and Nelson Gonzalez with the property (Credit: Paul Stoppi)

Developer sells waterfront Venetian Islands spec manse for record $3,100 psf

Developer sells waterfront Venetian Islands spec manse for record $3,100 psf
Joshua W. Maes and 440 Dilido Drive (Linkedin, Luxe Living Realty)

Data center executive buys Venetian Islands mansion for $10M

Data center executive buys Venetian Islands mansion for $10M
Eddie Irvine with 1061 N Venetian Drive and 1350 S Venetian Way (Getty, Realtor)

Spec home developer Eddie Irvine buys Venetian Islands lot

Spec home developer Eddie Irvine buys Venetian Islands lot
Brian Stafford & Celine Dufetel, with the home (Credit: Google Maps)

C-suite execs pay $13M for Venetian Islands mansion

C-suite execs pay $13M for Venetian Islands mansion
Julian Johnston, Gatien Salaun, and 709 East Dilido Drive

Brazilian billionaire sells Venetian Islands home for $10M

Brazilian billionaire sells Venetian Islands home for $10M
Jacques Nasser aJacques Nasser and 445-441 East Rivo Alto Miami Beachnd 445-441 East Rivo Alto Miami Beach (Courtesy of Dora Puig / Luxe Living Realty)

Longtime Ford Motor exec sells Venetian Islands estate for $18M

Longtime Ford Motor exec sells Venetian Islands estate for $18M
941 North Venetian Drive (Kris Tamburello for Douglas Elliman)

Developers sell Venetian Islands spec mansion for $13.6M

Developers sell Venetian Islands spec mansion for $13.6M
arrow_forward_ios

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

Loading...