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Elliman’s Oliver Lloyd sells Sunset Islands spec mansion for $34M
Agent bought half-acre waterfront site for $11.2M in 2021
Douglas Elliman agent Oliver Lloyd sold a waterfront spec mansion on Miami Beach’s Sunset Islands for $34.4 million, making it one of the most expensive homes ever sold there, The Real Deal has learned.
Lloyd and his wife, Laurie Nehman Lloyd, sold the house at 2700 Sunset Drive to a trust named for the address, a lawyer representing the buyer confirmed. The true buyer is unknown.
Lloyd listed the home himself, and Jordan Karp of Jordan Karp LLC brought the buyer.
Lloyd and his wife bought a teardown on the Sunset Islands II site for $11.2 million in 2021, and tapped spec developer Todd Glaser to work with them as an owner’s representative. They demolished the existing home and completed the 8,000-square-foot mansion earlier this year, the listing shows. The house has seven bedrooms, nine bathrooms, one half-bathroom, a pool, dock and 100 feet of waterfront, according to the listing. Architect Reuben Gomez of AI2 Design designed the mansion, Lloyd confirmed.
The couple listed it for $40 million in May, and it went into contract days later, Lloyd said. “There was literally no other modern house for sale on the Sunset Islands,” he said, noting the immense “appetite” for newly constructed, modern homes in Miami Beach.
The sale price falls just shy of the record $36 million former Google CEO Eric Schmidt paid for Craig Robins and Jackie Soffer’s waterfront mansion in September, but still marks one of the priciest Sunset Islands homes ever sold.
Despite a slower pace of dealmaking after the pandemic boom, big-dollar luxury deals are still closing across Miami Beach. Investor Edmond Harbour bought a waterfront Sunset Islands mansion for $26.5 million in May. In November, developer Mathieu Massa sold a waterfront home on the islands for $32 million. In addition to Robins and Soffer’s mansion, Schmidt has bought at least four other homes on Sunset Island II, and has paid almost $114 million for his holdings on the island.
Lloyd is taking advantage of the Miami heat. He’s in contract to buy a double lot on La Gorce island, and is deciding whether to build one large estate or seek to split the property to build two homes, he confirmed. Glaser and Gomez will also work on this project. Also, he represented his mother, Linda Lambert, the widow of Eastdil Secured founder Ben Lambert, in her $16 million April sale of her waterfront Miami Beach home.