Honey Co-Founder Ryan Hudson Lists Miami Estate On Venetian Islands For $25.5 Million
This tropical-inspired home on Miami Beach’s Venetian Islands is like being on vacation year-round thanks to its biophilic design and prime waterfront location.
The view of the home from the back.
The Venetian Islands in Miami Beach is a chain of artificial islands on Biscayne Bay and home to impressive mansions owned by celebrities and entrepreneurs. Case in point: Honey co-founder Ryan Hudson. When tech giant PayPal bought Honey, the electronic coupon-clipping internet plug-in, for $4 billion, the sale made co-founders Hudson and George Raun’s net worth jump to a combined $1.5 billion. Hudson first purchased this home for $15.25 million in 2021 and is selling it for $25.5 million—no discount code offered.
The spacious living room.
The two-story home was designed by renowned Miami-based architect Max Strang, known for fusing modern architecture into a natural surrounding with a focus on indoor-outdoor living. This home at 508 West Dilido Drive is no different. With interiors firm Studio ABM Design, the home encourages indoor-outdoor living with ample balconies, deck space and large-format windows throughout the home. It spans 5,501 square feet on a 10,500-square-foot lot and has four bedrooms and four-and-a-half bathrooms. Throughout the home there are high ceilings, beautiful textures and a neutral color palette so as to not overpower the views.
The lush entrance area.
The modernist-inspired home has an impressive formal dining area, in-home cinema, office/study lounge, outdoor chef’s kitchen, pool and a private rooftop terrace with solar panels. There’s a covered gazebo and outdoor loungers, as well as lush lawn space in the backyard. Boating aficionados will love the 60 feet of water frontage the lot provides. There’s also an Ipe wood dock and boat lift.
The formal dining room.
“Located on the coveted Venetian Islands, this home is the perfect blend of calm relaxation and entertainment haven,” says listing agent Shawn Ankari of Ankari Developments. “This waterfront escape has an in-home cinema and private rooftop terrace, as well as a pool deck and outdoor chef’s kitchen, idyllic for year-round Miami Beach living.”
The lot is exceptionally private, lined with palm trees and verdant flora, to stay secluded from prying eyes. West Dilido Drive is known for multi-million mansions, with other homes in the area selling for similar, or higher, prices. Though a private residential enclave, the Venetian Islands are close to Miami’s best shopping, restaurants and entertainment.
One of the four light-filled bedrooms.
This isn’t the first impressive piece of real estate from the tech duo. His co-founder Raun, who reportedly made $900 million in the deal while Hudson made $575 million, listed his Bel-Air mansion for $150 million last summer. Similar to Hudson, who is seeking a profit of more than $10 million, Raun first purchased his Bel-Air home for $60 million in 2020 and, if sold for $150 million, would make a whopping $90 million profit.
Miami’s real estate market still remains strong, and there are many large residential towers in the works. With limited space to build, single-family residences, such as this, are increasingly rare as domestic and international buyers relocate to South Florida for more space, quality of life and Florida tax benefits.
