Carl Icahn’s stepdaughter snags waterfront Golden Beach house for $7.3M

The property sits on a nearly 16K sf lot and has 100 feet of water frontage

TRD MIAMI /
Oct.October 29, 2019 04:30 PM
301 Center Island Drive, Tara Elias Schuchts (top) and Lydia Eskenazi

301 Center Island Drive, Tara Elias Schuchts (top) and Lydia Eskenazi

Carl Icahn’s stepdaughter and her husband, an executive at the corporate raider’s investment firm, paid $7.3 million for a new waterfront house in Golden Beach.

A trust tied to Hunter Gary and his wife Shana purchased the 7,981-square-foot home at 301 Center Island Drive for $914 per square foot, records show. 301 Center LLC, which is led by Ricardo Halfen of the homebuilder TREO Development, sold the property.

The property features seven bedrooms and eight-and-a-half bathrooms. The home sits on a nearly 16,000-square-foot lot and has 100 feet of water frontage. It was just built this year.

Lydia Eskenazi of Harding Realty represented the seller in the deal, while Tara Elias Schuchts of Douglas Elliman represented the buyer.

The architect for the project was Stephanie Halfen of SDH Studio, Eskenazi said.

Hunter Gary is a senior managing director of Icahn Enterprises in New York City, according to his LinkedIn. His wife Shana Gary is the daughter of Ichan’s wife Gail.

Icahn recently told his staff that he would be moving his company’s headquarters from New York City to Miami, according to the New York Post. He is likely moving for tax purposes. The Trump administration’s 2017 tax overhaul capped the amount of state and local taxes that could be deducted at $10,000.

Icahn told his staff if they won’t move to Miami he’ll lay them off without severance, according to a letter obtained by the Post. The letter said Icahn Enterprises will close offices in New York City and White Plains on March 31, 2020, and move to Miami the next day.

Golden Beach, situated north of Miami Beach, has seen a number of high-profile sales this year.

Last month, a company tied to the Dallas real estate firm RMC Property Holdings paid $10.75 million for a 27,900-square-foot lot at 365 Ocean Boulevard in Golden Beach.

Earlier this year, The Meyers Group’s Stuart Meyers paid nearly $10 million for a five-bedroom, 10,000-square-foot estate at 655 Ocean Boulevard in Golden Beach.


Related Articles

arrow_forward_ios
She Should Be Dancing, yeah: Bee Gee widow sells waterfront Golden Beach home

She Should Be Dancing, yeah: Bee Gee widow sells waterfront Golden Beach home

387 Ocean Boulevard (Credit: Realtor)

Golden Beach oceanfront home of late attorney sells for price chop

Carl Icahn

Carl Icahn’s decision to relocate his firm from NY to Miami could be a tax play

365 Ocean Boulevard (Credit: Realtor)

Plot on Billionaires Row in Golden Beach sells to developer for $11M

401 Ocean Boulevard, Ben Ashkenazy, Oren Alexander

Billionaire Ben Ashkenazy lists oceanfront lot in Golden Beach

Developer Stuart Meyers trades waterfront home for beachfront estate

Developer Stuart Meyers trades waterfront home for beachfront estate

Sonny Kahn buys neighboring Golden Beach oceanfront property for a big markdown

Sonny Kahn buys neighboring Golden Beach oceanfront property for a big markdown

SharkNinja president buys waterfront Golden Beach lot

SharkNinja president buys waterfront Golden Beach lot

arrow_forward_ios