Spec home developer sells Miami Beach mansion for $25M

9-bedroom, 14K sf home was listed at $29.5M

TRD MIAMI /
Feb.February 05, 2019 11:00 AM

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.


Related Articles

arrow_forward_ios
58 La Gorce Circle Miami Beach & Bart Reines (Credit: Google Maps)

Luxury homebuilder Bart Reines buys waterfront LaGorce Island home

Luxury homebuilder Bart Reines buys waterfront LaGorce Island home
Mark Pulte & 701 South Ocean Boulevard, Delray Beach (Credit: Google Maps)

Mark Pulte’s homebuilding firm buys Delray Beach oceanfront lot for $11M

Mark Pulte’s homebuilding firm buys Delray Beach oceanfront lot for $11M
1556 North Ocean Boulevard (Credit: Google Maps)

Wife of South Florida builder sells Palm Beach spec home for $7M

Wife of South Florida builder sells Palm Beach spec home for $7M
From left: Todd Glaser, Rony Seikaly, and Kobi Karp (Credit: Rodrigo Varela/WireImage via Getty Images, and Patrick McMullan via Getty Images)

Kobi Karp sells waterfront Sunset Islands home to Todd Glaser, Rony Seikaly

Kobi Karp sells waterfront Sunset Islands home to Todd Glaser, Rony Seikaly
Todd Michael Glaser and Rony Seikaly, with the home (Credit: John Parra/WireImage via Getty Images)

Tampa Bay Rays co-owner buys waterfront Miami Beach spec mansion for $14M

Tampa Bay Rays co-owner buys waterfront Miami Beach spec mansion for $14M
22 Star Island and Stuart Miller

Lennar chairman Stuart Miller sells waterfront Star Island mansion for $50M

Lennar chairman Stuart Miller sells waterfront Star Island mansion for $50M
Rendering of 259 Pendleton Ave. with Jonathan Fryd, Todd Glaser and Scott Robins (Glaser by Mary Beth Koeth)

Todd Glaser, partners buy Palm Beach lot to build spec home

Todd Glaser, partners buy Palm Beach lot to build spec home
rank McKinney, 3492 South Ocean Boulevard (Credit: Google Maps)

Frank McKinney sells South Palm Beach spec home with jellyfish tank

Frank McKinney sells South Palm Beach spec home with jellyfish tank
arrow_forward_ios

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

Loading...