Hospitality mogul David Grutman lists Sunset Islands home

He recently sold a majority stake in his company to Live Nation

Miami /
Jun.June 04, 2020 12:30 PM
2201 Sunset Drive and David Grutman (Credit: Douglas Elliman)

2201 Sunset Drive and David Grutman (Credit: Douglas Elliman)

UPDATED, June 5, 12 p.m.: Hospitality entrepreneur David Grutman is looking to sell his Sunset Islands home.

Grutman, founder of Groot Hospitality, which owns the nightclub LIV at the Fontainebleau, Story, Komodo, Swan & Bar Bevy and other food and beverage concepts, listed his waterfront home at 2201 Sunset Drive in Miami Beach for $8.9 million.

Grutman sold a majority stake in Groot Hospitality to Live Nation Entertainment for an undisclosed amount in October.

His home on Sunset Island IV has been featured in Elle Decor and the New York Times.

The five-bedroom, six-bathroom house spans 6,673 square feet, and includes a pool, 208 feet of water frontage, a gym, a secret garden and two terraces, according to the listing. It’s on the market with Dina Goldentayer of Douglas Elliman.

Dina Goldentayer

Dina Goldentayer

Property records show he paid $5.1 million for the house in 2013. It was built in 1937 and later expanded.

Grutman’s partners include Pharrell Williams at Swan in the Miami Design District. When Live Nation purchased a stake in his company, the company said Groot Hospitality has 11 new projects planned for Miami, Las Vegas, Dallas and Dubai. In Miami Beach, that includes the Firestone redevelopment at 1575 Alton Road into Winker’s Diner and Toothfairy, a bakery.

Recent sales on the Sunset Islands include the $14.3 million closing of 2138 Bay Avenue to a Toronto financier, and the $6.2 million sale of 1515 West 22nd Street to Brad Miller and his wife Jamie.

Correction: An earlier version of this story misstated on which Sunset Island Grutman’s home is located. 


Related Articles

arrow_forward_ios
The Deauville Beach Resort at 6701 Collins Avenue (Google Maps, Office of the City Manager)
Miami Beach orders historic oceanfront Deauville resort to be demolished
Miami Beach orders historic oceanfront Deauville resort to be demolished
(Illustration by Kevin Rebong for The Real Deal)
“One non-stop boom”: After surge in home sales, inventory keeps shrinking in South Florida
“One non-stop boom”: After surge in home sales, inventory keeps shrinking in South Florida
From left: Alejandro Diaz Bazan, David Solomon, Brett Harris and Ana Bozovic (Andian Group, Brett Harris Homes, Miami Girls, iStock)
Build it and they will come: Resi agents join the South Florida spec home development craze
Build it and they will come: Resi agents join the South Florida spec home development craze
From left: Andres Isaias and Alejandro Diaz Bazan of Andian Group (Andian Group, Thamann Architecture + Design)
Waterfront Sunset Islands home featured on “Miami Vice” sells for $14M
Waterfront Sunset Islands home featured on “Miami Vice” sells for $14M
554 Lakeview Dr, Miami Beach and Jarett Fein (Zillow, KV National)
Title insurance honcho pays $15M for restored waterfront Mid-Miami Beach house
Title insurance honcho pays $15M for restored waterfront Mid-Miami Beach house
A photo illustration of Ocean House South Beach, 125 Ocean Drive (Condo.com, iStock)
Ocean House South Beach closing tops weekly condo sales in Miami-Dade
Ocean House South Beach closing tops weekly condo sales in Miami-Dade
Ellen Hukkelhoven and 1300 Monad Terrace, penthouse F (World Medical Innovation Forum)
Flipping out: Penthouse at Michael Stern’s Miami Beach project flips for 30% more in six months
Flipping out: Penthouse at Michael Stern’s Miami Beach project flips for 30% more in six months
Star Island estate lists for $90M following Ken Griffin’s nearby $75M record purchase
Star Island estate lists for $90M following Ken Griffin’s nearby $75M record purchase
Star Island estate lists for $90M following Ken Griffin’s nearby $75M record purchase
arrow_forward_ios

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

Loading...