Tech entrepreneur plans private school in South Beach

Property was planned to become a restaurant before John D. Marshall bought the building for $4.8M

Jul.July 12, 2019 12:30 PM
224 2nd street in Miami Beach and John Marshall (Credit: Google Maps)

224 2nd street in Miami Beach and John Marshall (Credit: Google Maps)

A tech entrepreneur and inventor plans to convert a 102-year-old South Beach building into a private school.

John D. Marshall, founder of the mobile security company AirWatch, bought the 6,500-square-foot property at 224 Second Street in January for $4.8 million. Currently, the South-of-Fifth property consists of a one-story building constructed in 1917 and a two-story addition built in 1937.

According to a report from Miami Beach Planning Director Thomas Mooney, the building was originally a private school. After that, the property became a rooming house, an apartment building, and a restaurant. Its last incarnation was a medical office.

In July 2017, the Miami Beach Historic Preservation Board approved a plan to turn the two buildings into a 104-seat restaurant. But the restaurant was never built and now Marshall wants to turn the two empty structures into a private school for up to 40 children between the ages of four and seven, a plan that was unanimously endorsed by the historic preservation board this week.

Michael Larkin, Marshall’s attorney, said Marshall decided to buy the building because he wanted to send his children to a private school close to his Miami Beach residence. “He could have sent them to Gulliver or Ransom but he wanted the children to grow up more in a neighborhood South-of-Fifth,” Larkin said. Marshall, Larkin added, wanted to give South-of-Fifth “one more element of infrastructure for it, which is a school.”

This isn’t the only property Marshall purchased. On June 12th, Marshall bought two vacant parcels at 251 Washington Avenue totaling 13,000 square feet, for $6.125, records show. Larkin said Marshall plans to build a playground and “one more classroom” on that parcel. Larkin also said that Marshall may buy additional properties in South-of-Fifth, in the future.

Marshall sold AirWatch to VMWare Inc. for $1.54 billion, according to a January 2014 Reuters article.

Marshall now co-chairs OneTrust, a privacy, security, and third-party risk technology platform with headquarters in London and Atlanta, according to the company’s website.

Related Articles

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

Developer gets $15.6M for Venetian Islands spec home

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

Jeffrey Soffer and Fontainebleau Miami Beach

Jeffrey Soffer scores $1.2B refi of Fontainebleau Miami Beach

The LaLanne exhibit at The Real Deal’s event in October

Michael Shvo to unveil tropical gardens with LaLanne exhibit at the Raleigh

Thomas O’Reilly, John Marshall, Ivan Chorney and Michael Martirena with Continuum North unit 1402/03 (Credit: Douglas Elliman and LinkedIn)

Tech entrepreneur sells Continuum unit to Neuberger Berman exec

Daily Digest Miami

Missoni Baia lands massive loan, Babylon Brickell owner sells Overtown property: Daily digest

Miami Beach loosens regulations for real estate developers and small businesses

Miami Beach relaxes rules on development, pools, restaurants

Rendering of Urbin Coconut Grove and Rishi Kapoor

Co-living venture Urbin expanding to Miami Beach