Craig Robins, Jackie Soffer Sell Miami Beach Home for $36 Million
Real estate power couple Craig Robins and Jackie Soffer sold their waterfront Miami Beach mansion for $36 million, about 20 percent off the original price.
Soffer, CEO of Aventura-based Turnberry Associates, and Robins, CEO of Miami-based Dacra, listed the property at 2511 Lake Avenue on Sunset Island II in February for $45 million.
The sale closed on Friday, according to the MLS. It’s unclear who purchased the property or where Robins and Soffer will be living.
Jill Hertzberg and Jill Eber of Coldwell Banker’s the Jills Zeder Group brokered both sides of the deal. Hertzberg did not immediately respond to a request for comment. Price cuts have become more common this year for luxury homes as the market comes down from the highs experienced in 2021 and 2022.
The developer couple shared the 9,000-square-foot Sunset Islands home since they got married in 2015. Together, Soffer and Robins have six adult children — each had three from previous marriages.
Robins paid about $1.3 million for the property in 1997, records show. It was built in 1940 and expanded and renovated throughout the years.
The 0.6-acre property includes a pool, outdoor dining and living areas, a library and a half-basketball court. It has a custom all-white, curvy bathroom designed by the late Zaha Hadid, a Pritzker Prize-winning architect who was close friends with Robins. Hadid, who designed the One Thousand Museum condo tower in downtown Miami, died in Miami Beach in 2016.
Robins, with his partners L Catterton Real Estate and Brookfield Properties, has led the development of the Design District into a luxury retail and dining neighborhood home to dozens of designer brands and high-end restaurants. His Miami Design District Associates partnered with Qatari firm Constellation Hotels Holding, developer Nadim Ashi’s Fort Partners and New York-based private equity firm Raycliff Capital to acquire a large assemblage for $165 million late last year.
Soffer’s Turnberry Associates is co-developing the $4 billion SoLé Mia community in North Miami with LeFrak. She also runs the 2.8-million-square-foot Aventura Mall with Turnberry’s partner, Simon Properties, and plans to co-develop the Hyatt-branded Miami Beach Convention Center hotel with Terra’s David Martin.