A Russian billionaire has set a new record for Miami-Dade County with the $ 120m sale of his Star Island-but home wealth may not be around much longer.
The settlement, which once belonged to retirement star NBA Shaquille O’Neal, is said to be a tearful purchase.
Developer Vladislav Doroni bought the house from O’Neal for $ 16 million in 2009. Real agreement and business newspaper in South Florida reported news of the sale.
The rare slice of the island of Miami Beach star gets a coveted part of the corner.
A small part of it was built in 1924, the business newspaper in South Florida announced, but most of the house grew up in 1992. Doronin’s company made renovations nearly 20 years later in 2011.
The widespread settlement includes eight bedrooms, nine bathrooms and three half -bathrooms, not to mention a pool, a bank of private accused and a tennis court.
But, despite luxury excavations, the post has learned that the other owner may plan to overthrow the seawater wealth, which sits on the ground more and more valuable.
Star Island, a man -made island in Miami Beach, is a star -studded bar with just over 30 properties that rarely rank. Gloria Estefan, Jennifer Lopez and Enrique Iglesias are among those who have called the small island house over the years. Star Island became the country’s most expensive neighborhood in 2023.
Doroni, who sold his Star Island home through a firm, leads the luxury development firm Oko Group and Aman Resorts, a group of high -level hotels enjoying a cult in the middle of über Rich.
A LLC associated with the healthcare technology entrepreneur Michael Ferro was the buyer, reported different exits.
Out-of-market selling exceeds the purchase of the previous Miami-Dade-Ken-Keni Miami Manion holder holder of Adrienne for about $ 107 million in September 2022.
This $ 120 million transaction is a link to a recent sales chain of record setting throughout Southern Florida, where high -level properties are selling quickly and often out of market.
“I was watching Manhattan Real Estate for Myelf, and I was like,” wow, when Manhattan became cheaper than Miami? “,” Said Eloy Carmenate of Corcoran, who was not involved in the deal, The Post told.
The billionaires are gathering in Miami, along with their lucrative businesses.
Doronin’s Oko Group is in itself feeding on such a client with its newly opened tower, 830 Bricell, which is already home for tenants like Citadel, Microsoft and Santander.
“These are some big global firms that are not only going down to get their foot into the water, they are leading 40, 80, over 100,000 square meters, and they are moving their businesses down here,” Darin Tansey from Douglas Elliman, who was not invited to the back.
The luxury southern Florida market, Tansey said, is getting stronger – and more competitive, as it is transformed from a place of rest to a well -known household base.
While the Florida housing market is generally experiencing a dramatic flattening in the sales of the single family home-like the cooling runway market and the new supply reaches the fall of the question-does not seem to have an end to the ultra-lists.
This is not the first time Dorican has broken sales records, or. The 2024 New York City sale was the $ 135 million purchase of a five-storey pentouse in his building, the Aman New York Crown Building, which was at a discount of $ 45 million.
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