Bowing out: Former Norwegian Cruise Line CEO sells Venetian Islands home

Colin Veitch, CEO of the cruise line from 2000 to 2008, paid $5.35M for the house in 2013

TRD MIAMI /
Sep.September 06, 2019 04:30 PM
625 East Di Lido Drive and Colin Veitch

625 East Di Lido Drive and Colin Veitch

The former CEO of Norwegian Cruise Line Holdings has decided to anchor down somewhere else after selling his Di Lido Island home for $5.6 million.

Colin Veitch sold the 5,015-square-foot waterfront property at 625 East Di Lido Drive for $5.6M to Steven and Jessica Rhodes, records show. Built in 1940, the four-bedroom, four-and-a-half-bathroom house will likely be torn down and redeveloped.

Veitch paid $5.35 million for the property in 2013, records show.

Di Lido Island, part of the Venetian Islands, has become a poster child for tear-downs and new homes. For years, issues of demolition, new construction and lot coverage have pitted developers, homeowners and preservationists against each other in Miami Beach.

Just down the road from where Veitch sold his house, Dr. Aaron Rollins, a celebrity plastic surgeon and founder of Elite Body Sculpture clinics, built a home at 503 East Di Lido Drive after purchasing a home built in 1930 for $4.3 million.

Last September, Paulo Bacchi, owner of Artefacto luxury furnishing sold a 10,500-square-foot lot on Dilido Island for $5.85 million.

Veitch was the CEO of Miami-based Norweigan Cruise Line Holdings from 2000 to 2008. He also filed a much publicized defamation and breach of contract lawsuit against his successor at Norweigan Cruise Line, in which he sought $95 million in damages. In 2017, a jury ruled against him on all counts.


Related Articles

arrow_forward_ios
Chad Carroll, Mariana Trentini, and Fabio Lopes, and Christopher Burch with 5050 North Bay Road

Heinz Brasil exec sells waterfront North Bay Road home to Christopher Burch

Jeffrey Soffer and Fontainebleau Miami Beach

Fontainebleau Miami Beach reveals proposed addition

David Martin, Russell Galbut, and a 500 Alton rendering (Credit: The Next Miami)

Miami Beach, Crescent Heights, Terra agree to settle dispute over floor-to-area calculations

Amir Zwickel and a Showfields store

Showfields to bring new retail concept to Lincoln Road

320 West Rivo Alto Drive, Dora Puig and Alissa Pool (Credit: Instagram) 

Fitness mogul buys Venetian Islands house

David Arditi of Aria Development Group and 321 Ocean

Condo association alleges construction defects at 321 Ocean: lawsuit

Julian Cohen and a rendering of the project

Felix and Julian Cohen propose waterfront spec mansion on North Bay Road

1452 Washington Avenue (Credit: Google Maps, iStock)

Spanish investor buys mixed-use building near Española Way

arrow_forward_ios
Loading...