The First Estate Built On Star Island In 1924 Lists For Record $90 Million Following Ultra-Luxe Mega-Expansion — PROFILE Miami
The first estate built on Star Island in 1924 has hit the market for a record $90 million following an ultra-luxe mega-expansion. Located at 27 Star Island, the sprawling estate offers history and the ultimate in contemporary living with two distinct homes spanning 25,000 square-feet of living space on an expansive 40,000 square-foot waterfront lot. The sale would set a Miami-Date County record which was recently set at the nearby 8/9 Star Island Drive which billionaire hedge fund manager, entrepreneur and investor Ken Griffin purchased for $75 million. Star Island is one of Miami Beach’s most coveted address’ with just 30 waterfront homes in the gated community.
The original home built in 1924 by prominent architect Walter De Garmo is Star Island’s first residence. The structure was picked up and relocated to the South side of the property in 2014 and masterfully restored in a way that embodies the roaring 20’s. The second home is a modern masterpiece overlooking 100 feet of water frontage designed by Starchitect SAOTA and built by Coastal.
“This home is not a spec house, it was built for the owner with no expense spared,” said listing agent Alyssa Morgan with ONE Sotheby’s International Realty. “There’s over a quarter of a million dollars worth of acoustic soundproofing and no level changes from interior to exterior for a flush flow that requires a very expensive pedestal drain system. The floors in the original De Garmo residence are restored Miami Dade Pine that are the under water pilings from the original 1924 home.”
Together the residences offer a total of 11 bedrooms plus 12 full and 3 half baths. Features include a Chef’s kitchen with Gulio appliances and 5 cooking methods, elevator, sunset rooftop lounge, and 1,400 bottle wine room. Estate amenities include a waterfront gym, spa with sauna & steam, cold plunge, jacuzzi , massive wraparound pool, office cabana, spa with massage room and hair salon, and new dock with boat lift.
“It’s so special to be able experience the vibe of being in a home with so much history and in one of the most architecturally significant modern homes by SAOTA that really showcases Miami living today – all in one property,” added Morgan.
27 Star Island is listed for $90 Million by Alyssa Morgan with ONE Sotheby’s International Realty. Images by Lifestyle Production Group (LPG).
