“Brady Bunch” producer sells La Gorce Island mansion for $23M

Buyer is Roth Capital Partners CEO Byron Roth

Miami /
Jan.January 27, 2021 06:00 PM
Douglas Cramer and 40 La Gorce Circle in Miami Beach (Getty, Google Maps)

Douglas Cramer and 40 La Gorce Circle in Miami Beach (Getty, Google Maps)

Longtime TV and film producer Douglas Cramer sold his waterfront La Gorce Island mansion for $23 million, shortly before buying a home in Morningside for more than $8 million.

Property records show Cramer, who produced shows such as “The Brady Bunch,” “Star Trek” and “Dynasty,” and his husband Hubert Bush III sold 40 La Gorce Circle in Miami Beach to investment manager Byron Roth in an off-market deal. Roth leads Newport Beach, California-based Roth Capital Partners as chairman and CEO.

Buyers are increasingly turning to off-market deals as the inventory of waterfront homes continues to shrink, especially in cities like Miami Beach.

Brett Harris

Brett Harris

Cramer and Bush’s sale of their four-bedroom, five-bathroom, 8,800-square-foot estate was brokered by Douglas Elliman. Eloy Carmenate and Mick Duchon represented the sellers, and Brett Harris brought the buyer. Harris said the buyer plans to keep the home, which was originally built in 1937 and later renovated.

It last sold for $7.4 million in 2012, records show.

Eloy Carmenate

Eloy Carmenate

Earlier this month, Cramer and Bush paid $8.1 million for a waterfront home in Miami, setting a record for the Morningside neighborhood. Bruce Alan Weil, a partner at Boies Schiller Flexner LLP, and his wife sold the house.

On La Gorce Island, Cher’s former home at 64 La Gorce Circle recently sold for $17 million.

In November, a member of the Jack Parker real estate family bought the waterfront teardown at 66 La Gorce Circle for $7.5 million.

Mick Duchon

Mick Duchon

In Miami Beach and the barrier islands, single-family home sales surged in the fourth quarter, rising a whopping 195 percent to 224 closings, according to the Elliman reports. Inventory fell 30 percent to 530 single-family home listings.






    Related Articles

    arrow_forward_ios
    Allon Bloch and the North Meridian Avenue property (Bloch via LinkedIn, Sabal Development)
    Medical app mogul buys non-waterfront Miami Beach spec house for $5M
    Medical app mogul buys non-waterfront Miami Beach spec house for $5M
    Daisy Chaplin and Charles Prince with the property at 6000 North Bay Road (Getty, Google Maps)
    Late Broadway legend Harold Prince’s children settle dispute over family’s North Bay Road mansion
    Late Broadway legend Harold Prince’s children settle dispute over family’s North Bay Road mansion
    Entrepreneur Adam Arviv pays $8M for Palazzo Della Luna unit
    Entrepreneur Adam Arviv pays $8M for Palazzo Della Luna unit
    Entrepreneur Adam Arviv pays $8M for Palazzo Della Luna unit
    I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
    I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
    I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
    Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
    Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
    Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
    Eighty Seven Park and the lot where the Champlain Towers South once stood (Douglas Elliman)
    Italian investor sells Eighty Seven Park unit to hedge funder in first closing since deadly condo collapse next door
    Italian investor sells Eighty Seven Park unit to hedge funder in first closing since deadly condo collapse next door
    A unit in Continuum South Beach was the top sale last week (Luxhunters for ONE Sotheby’s International Realty)
    Tech entrepreneur’s purchase of Continuum unit leads Miami-Dade weekly condo sales
    Tech entrepreneur’s purchase of Continuum unit leads Miami-Dade weekly condo sales
    830 Brickell and the co-developers Cain's Jonathan Goldstein and Vlad Doronin (Getty, OKO Group / Cain International)
    Lease roundup: Canada’s CI Financial picks Brickell for new US HQ
    Lease roundup: Canada’s CI Financial picks Brickell for new US HQ
    arrow_forward_ios

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

    Loading...