Gloria and Emilio Estefan chop price of Star Island guest home to $32M

Waterfront property includes a five-bedroom home and a three-bedroom villa

TRD MIAMI /
Mar.March 21, 2019 10:30 AM

Emilio and Gloria Estefan with 1 Star Island Drive (Credit: Getty Images and Realtor)

Gloria and Emilio Estefan are giving the sale of their Star Island guest home another try.

The Estefans are relisting the 1.34-acre property at 1 Star Island Drive in Miami Beach for $32 million, a 20 percent reduction in price from when it first hit the market in 2015 for $40 million.

The waterfront estate, with a five-bedroom main house and a three-bedroom villa, is now on the market with Stephanie Bienstock of HB Roswell Realty and Liz Lopez of RelatedISG International Realty, according to the Wall Street Journal. The Jills of Coldwell Banker had the listing in 2015.

Emilio Estefan said he bought the property for his mother, who later died, and then planned for his children to move in. Records show it last sold in November 1993 for $1.84 million.

Estefan also told the Wall Street Journal he hired architect Carlos Ott to design plans for the waterfront lot.

The Grammy Award-winning couple live nearby on the island.

Their neighbor, Lennar Corp. chairman Stuart Miller, is planning a number of luxury homes on Star Island. The Miller family recently sold the mansion at 23 Star Island Drive for $25 million. [WSJ] – Katherine Kallergis


Related Articles

arrow_forward_ios
Federation Gardens and Federation Towers (Credit: Google Maps)

Miami Jewish federation sells affordable housing for $60.5M

Purdy Lounge in Miami Beach (Credit: Facebook)

Last call for Purdy Lounge. Miami Beach bar announces closure

From left: Keith Menin and Russell Galbut, with the Domio Kaskades Hotel

Russell Galbut wants to sell another Miami Beach hotel

Antonio Sustiel and 266 South Coconut Lane (Credit: Facebook and Zillow)

The Flooring King buys a new palace in Miami Beach

LeBron James with a rendering of Unknwn Wynwood (Credit: Getty Images)

Renderings revealed: River Parc master plan, Unknwn’s Wynwood store

802 West Dilido Drive with agents Dina Goldentayer and Miltiadis Kastanis (Credit: Douglas Elliman)

Developer gets $15.6M for Venetian Islands spec home

Frank Gore and his Davie home (Credit: Getty Images)

NFL’s Frank Gore lists Davie mansion

Todd Glaser, Rony Seikaly and a rendering of spec home at 1635 W 22nd Street (Credit: Mary Beth Koeth, Getty Images)

Todd Glaser, Rony Seikaly close on Miami Beach spec mansion

arrow_forward_ios