Star Island mansion sells for $29M

A Star Island mansion that had been on the market for more than 260 days finally sold for $29 million.

The sale of 30 Star Island Drive closed on Friday, luxury residential broker Jill Eber told the Miami Herald. Eber and partner Jill Hertzberg at Coldwell Banker listed the manse for developers Todd Glaser and the Posner Group. The home was originally listed for $35 million.

A 16,000-square-foot bayfront estate, 30 Star Island has 11 bedrooms, 11 full bathrooms and two half-bathrooms. The 40,000-square-foot property includes a 1,800-square-foot guest house with a private pool.

The buyer was not disclosed.

“We’re in a very healthy market and Star Island has always been and continues to be sought after,” Eber told the Herald. [Miami Herald] — Eric Kalis