London investor sells waterfront Palm Island mansion for $20M
It sold for $2,135 psf
Another waterfront home on Miami Beach’s Palm Island sold, this time to a family from California.
Dean Carr, an investor from London, and his wife Melissa Carr, sold the 9,600-square-foot, six-bedroom mansion at 19 Palm Avenue for $20.5 million, or $2,135 per square foot.
The sale marks the third on Palm Island over the past month, as waterfront homes in Miami Beach continue to trade during the pandemic.
The Carrs paid $6.5 million for the 17,674-square-foot property in 2014, and hired Choeff Levy Fischman to design a new house that was completed in 2019.
The home includes a $500,000 kitchen by Fendi, floor-to-ceiling gas fireplace, an entertainment lounge, a motor court with a rotating turntable, a three-car garage, and floor-to-ceiling sliding doors. The property also includes a 1,490-square-foot master bedroom suite, maid’s quarters, a home theater, a catering kitchen, a pool and deck with a cabana, and a rooftop deck.
The two-story mansion hit the market with Dina Goldentayer of Douglas Elliman for $23.5 million in October. Ivan Chorney and Michael Martirena of Compass represented the buyer, who purchased the property through a trust.
Goldentayer said a California family bought the house, adding that the deal marks “another massive sale that supports that the ultra luxury marketplace is the strongest it’s ever been.”
The Carrs decided to list the house for sale because they moved to Monaco, according to Mansion Global.
Recent closings on Palm Island include the $19.75 million sale of 15 Palm Avenue to former Ukranian beauty queen and lawyer, Olesia Aliseenko; and the $10.85 million sale of 70 Palm Avenue, which previously belonged to rapper Bryan “Birdman” Williams.
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