The Real Deal Miami

Spec home developer sells Miami Beach mansion for $25M

9-bedroom, 14K sf home was listed at $29.5M
By Katherine Kallergis | February 05, 2019 11:00AM

73 Palm Avenue, Miami Beach (Credit: Realtor)

Rapper and producer Bryan “Birdman” Williams has a new neighbor.

Spec home developer Philippe Harari of the Aquablue Group sold the waterfront Palm Island home across the street from Birdman’s house for $24.5 million to an out-of-state buyer, sources said.

The nine-bedroom, 14,200-square-foot home at 73 Palm Avenue was on and off the market since 2014, last asking $29.5 million, according to Realtor.com.

Harari and listing agent Mirce Curkoski of One Sotheby’s International Realty declined to comment on the deal. It closed on Friday. Jeff Miller of Brown Harris Stevens Miami represented the buyer.

The mansion, built in 2017, was designed by Choeff Levy Fischman and sits on a 30,000-square-foot lot with an infinity pool, Jacuzzi, and 2,000-square-foot rooftop terrace. It includes a home theater, wine cellar, gourmet kitchen and double-height ceilings.

Records show 73 Palm Aqua LLC paid $5 million for the lot in 2013.

Nearby, Aquablue developed and sold the 10,000-square-foot home at 15 Palm Avenue to an LLC in October for $20.4 million.

Birdman, at 70 Palm Avenue, has been trying to sell his mansion for about two years. It’s now on the market with Jeff Miller of Brown Harris Stevens Miami for $15.5 million. The rapper and companies tied to him were sued last year by their mortgage holder, EMG Transfer Agent, for allegedly failing to pay the principal on the $12 million mortgage.