Italian Instagram celebrity sells Sunset Harbour condo for $8M
Miami developer Valerio Morabito purchased the unit for $1,157 psf
Italy’s “most interesting man” apparently wasn’t so interested in his Sunset Harbour condo.
A company tied to Italian entrepreneur, DJ and Instagram personality Gianluca Vacchi sold a condo at 1800 Sunset Harbour Drive Unit TS-2, TS-3 in Miami Beach for $7.7 million. A company tied to Miami developer Valerio Morabito purchased the unit.
The combined condo has four bedrooms and four bathrooms and totals 6,650 square feet, equating to a price of $1,157 per square foot, records show. The unit is referred to as a tower suite. It features two master suites, an open floor plan, and a 1,600-square-foot rooftop.
It was listed in May for $10.9 million by Dina Goldentayer of Douglas Elliman, according to Redfin.com.
The unit last sold for $7.5 million in 2015, records show.
Vacchi and Morabito appear to be swapping homes. Earlier this month, Vacchi bought a 12,700-square-foot mansion at 1510 West 25th Street on Sunset Island II from Morabito for $24.5 million.
Vacchi previously led his family’s business, IMA Group, which designs and manufactures machines that process and package pharmaceuticals, cosmetics, food, tea and coffee. But he is better known for his 17.1 million followers on Instagram and is referred to as Italy’s most interesting man for his high-flying lifestyle of fast cars and private jets.
Morabito is an Italian developer, who leads Morabito Properties. The company has a few projects in South Florida, including a 41-unit condo development called Onda in Bay Harbor Islands with its partner Ugo Colombo. Morabito and Colombo also partnered on the development of Beach House 8, a boutique waterfront condo building on Collins Avenue in Miami Beach.