Tech CEO Jody Glidden, the boyfriend of Lisa Hochstein of “The Real Housewives of Miami” fame, sold his waterfront Miami Beach home to his next-door neighbor.
Glidden sold the 3,629-square-foot, four-bedroom, four-bathroom home at 240 South Hibiscus Drive for $11.9 million to the recent owner of the waterfront house next door at 250 South Hibiscus Drive, property records show.
A trust hiding the true buyer’s identity purchased both Hibiscus Island homes, spending a total of $25 million on the houses, which sit on almost half an acre of land combined.
Compass agent Eli Faitelson with the Carroll Group had listed Glidden’s house for nearly $14 million. It’s also on the market for rent, asking $105,000 a month with Eva Garzon Gonzalez of Grand Lion Real Estate Group, according to the listing.
Gildden paid $4.2 million for the home in 2019, which means he sold it for more than twice his purchase price. It was built in 1938.
Glidden founded the software companies Introhive and Postilize.
Glidden is dating Hochstein, who last year moved into a luxury condo at One Ocean in Miami Beach, developed by the Related Group. Hochstein signed a multi-year lease for $32,000 a month.
Glidden “really stepped up and helped contribute” to Hochstein’s lease because her soon-to-be-ex-husband Lenny Hochstein wouldn’t contribute more than the $17,000 a month, a source told The Real Deal last year. Hochstein moved out of the Star Island mansion she previously shared with Lenny, a well-known plastic surgeon.
Last month, a waterfront Hibiscus Island mansion traded for $31.9 million, marking one of the most expensive home sales on Palm and Hibiscus islands, which are connected. In May, Chilean developer and casino mogul Claudio Fischer sold a spec mansion on Palm Island for $40 million.