Former Springleaf Financial head buys Sunset Islands home

It hit the market in 2016 for $14M

2581 Lake Avenue, Miami Beach (Google Maps)
2581 Lake Avenue, Miami Beach (Google Maps)

UPDATED, Dec. 21, 2:15 p.m.: The former chief executive of Springleaf Financial Services bought a waterfront house in Miami Beach for $8.9 million.

Jay Levine and his wife Tammy bought the home at 2581 Lake Avenue on the Sunset Islands from Panamanian corporation Mimbrera Holdings Inc., led by Itzhak Bernard Ankonina.

Jay Levine was the president and CEO of Springleaf Financial Services, which is now known as OneMain. Levine stepped down in 2018 but remained the chairman of the board until this year.

Mimbrera Holdings bought the Sunset Island II home in 2001 for $3.8 million. The property was listed in 2016 for $13.9 million, and most recently listed for $10.6 million as of last year.

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Melisa Azran Attias of Beachfront Realty Inc. represented the seller, and Isaac Lustgarten and Oren Alexander of Douglas Elliman’s Alexander Team represented the Levines.

The seven-bedroom, six-and-a-half-bathroom home sits on an over 20,000-square foot lot. The house has a pool, 140 feet of water frontage and a 20,000-pound boat lift. It was developed in 1941.

A number of homes have sold on the Sunset Islands. Miami attorney Wayne Pathman sold his mansion for $13 million, David Grutman sold his house for $8.3 million and investor Greg Mirmelli sold a mansion for $18 million. All are waterfront. Grutman’s former house is back on the market for $10.2 million, likely due to the huge jump in sales activity throughout Miami Beach.