The owner of America’s most expensive home just sold a unit in South Beach

LLC tied to Ken Griffin sold a condo but still owns a penthouse villa at the Setai Miami Beach

Miami /
Apr.April 26, 2019 11:30 AM

Ken Griffin and Setai unit 3609 (Credit: Realtor)

A company tied to Citadel founder and CEO Ken Griffin sold a unit at the Setai Miami Beach, property records show.

MH Holdings II LLC sold unit 3609 to Alfonso XIII LLC, a Florida company controlled by attorney Staci J. Rutman, for $7.75 million. Griffin’s entity still also owns a penthouse villa at the luxury condo-hotel tower at 101 20th Street.

Citadel’s deputy head of communications and corporate affairs, Molly McEvily, signed the deed transfer of ownership on behalf of MH Holdings II LLC. The company has also been managed by Gerald Beeson, chief operating officer of Citadel.

Griffin and his now ex-wife Anne were rumored to be the buyers of penthouse villa A at the Setai, for which MH Holdings paid $21.5 million in 2011.

Unit 3609, a three-bedroom, 2,521-square-foot condo, has two master suites and wraparound balconies with views of the ocean, city and downtown, according to a previous listing. It last sold for $6 million in 2011.

Griffin has amassed a significant portfolio of luxury homes around the world.

In January, he spent a record $238 million to buy a penthouse at 220 Central Park South in Manhattan, as well as roughly $122 million for a house in London. He owns a multi-floor unit at No. 9 in Chicago, where his hedge fund is based. Griffin has also spent hundreds of millions of dollars piecing together an assemblage of land in Palm Beach. And he shelled out $60 million for a penthouse at Faena House in Miami Beach about four years ago.


Related Articles

arrow_forward_ios
830 Brickell and the co-developers Cain's Jonathan Goldstein and Vlad Doronin (Getty, OKO Group / Cain International)
Lease roundup: Canada’s CI Financial picks Brickell for new US HQ
Lease roundup: Canada’s CI Financial picks Brickell for new US HQ
Tech entrepreneur pays $8M for Continuum South Beach condo
Tech entrepreneur pays $8M for Continuum South Beach condo
Tech entrepreneur pays $8M for Continuum South Beach condo
Ex-Miami Dolphins defensive end Andre Branch with the $6 million property (Getty, The Jills Zeder Group)
Ex-Miami Dolphins player sells non-waterfront Miami Beach home for $6M
Ex-Miami Dolphins player sells non-waterfront Miami Beach home for $6M
Renderings of 3017 Flamingo Drive and Andrew Lessman (D/Vice Inc., ProCaps Laboratories)
Vitamin mogul Andrew Lessman wins approval to build Miami Beach mansion
Vitamin mogul Andrew Lessman wins approval to build Miami Beach mansion
After the construction of Eighty Seven Park (Google Maps)
Before Surfside tragedy, neighboring tower faced opposition, delays over construction impact
Before Surfside tragedy, neighboring tower faced opposition, delays over construction impact
AIMCO founder Terry Considine and a rendering of the Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Jennifer Valoppi and Christian de Berdouare with 5004 North Bay Road (Getty, LPG/Douglas Elliman)
Flying the coop: Chicken Kitchen owner sells waterfront Miami Beach spec mansion for $30M
Flying the coop: Chicken Kitchen owner sells waterfront Miami Beach spec mansion for $30M
(Facebook via Hotel Astor Miami Beach)
Shuttered Hotel Astor in Miami Beach gets a new owner
Shuttered Hotel Astor in Miami Beach gets a new owner
arrow_forward_ios

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

Loading...