Entertainment electronics honcho pays $9M for W South Beach penthouse

Price is nearly $4K psf

Miami /
Nov.November 03, 2021 11:30 AM
W South Beach at 2201 Collins Avenue in Miami Beach and Jeff Walker of Alliance Entertainment (Photos via Shatravka Media, Alliance Entertainment)

W South Beach at 2201 Collins Avenue in Miami Beach and Jeff Walker of Alliance Entertainment (Photos via Shatravka Media, Alliance Entertainment)

Entertainment electronics tycoon Jeff Walker bought a W South Beach upper penthouse for $9.25 million.

Walker, president of Alliance Entertainment, bought unit 2006 from SoBe W Estates, according to Daniel Tzinker, of Tzinker International Realty, who listed the home and closed the deal for the seller.

Records show SoBe W Estates bought the unit in 2011 for $6.1 million. The entity is managed by Tzinker, but he said he was not the true owner of the home.

Steven Seigal of Compass represented the buyer.

The three-bedroom penthouse spans 2,408 square feet on two levels, according to Redfin. It offers glass balconies and two private rooftop terraces.

Walker paid nearly $4,000 per square foot for the unit.

Alliance, based in Sunrise, distributes CDs, DVDs, vinyl LP records, Blu-rays, video games and related electronics to resellers and retailers, according to its website.

The 20-story W South Beach condo-hotel, at 2201 Collins Avenue, was completed in 2009.

It has been home to real estate developers, restaurant executives and architects. The late architect Zaha Hadid had purchased three units and combined them into one, where she lived while she designed the One Thousand Museum condo tower in downtown Miami.

Ray Bassiouni, of ATI Systems, bought Hadid’s unit from her estate for $5.8 million in 2018, and listed it for $8 million this year.

In 2019, former Roadhouse Grill CEO Ayman Sabi sold his W unit for $7.2 million.





    Related Articles

    arrow_forward_ios
    Developer Valerio Morabito sells Sunset Harbour condo he bought in Miami Beach waterfront home trade
    Developer Valerio Morabito sells Sunset Harbour condo he bought in Miami Beach waterfront home trade
    Developer Valerio Morabito sells Sunset Harbour condo he bought in Miami Beach waterfront home trade
    James Vosotas and Branden Muhl with Hotel Greystone in Miami Beach (Trip advisor, Trans Inns Management, Mahaska)
    Miami-Dade judge tosses out Hotel Greystone lawsuit
    Miami-Dade judge tosses out Hotel Greystone lawsuit
    Oceana Bal Harbour at 10201 Collins Avenue Bal Harbour (Condo.com, compass)
    Oceana Bal Harbour closing tops weekly condo sales in Miami-Dade
    Oceana Bal Harbour closing tops weekly condo sales in Miami-Dade
    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
    Miami-Dade office vacancies plateaued in 2021, while asking rents kept rising
    Miami-Dade office vacancies plateaued in 2021, while asking rents kept rising
    Miami-Dade office vacancies plateaued in 2021, while asking rents kept rising
    From left: Sela Ward, David Beckham, Victoria Beckham, and Lucy Guo (Getty Images, 1000Museum.com)
    Here’s who bought — and sold — condos at One Thousand Museum in Miami
    Here’s who bought — and sold — condos at One Thousand Museum in Miami
    arrow_forward_ios

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

    Loading...