This Miami Mansion Found a Buyer in a Day—for $34M in Cash

A Miami real estate broker has sold his own waterfront mansion for $34.39 million all cash — and, he said, it was only on the market for a single day.

Douglas Elliman broker Oliver Lloyd and his wife, Laurie, paid $11.2 million for a waterfront Miami Beach teardown in 2021, then built a mansion in its place. It was initially asking $39.5 million.

“When we bought the house, we weren’t sure if we would live there or sell it,” Lloyd told Gimme Shelter. He added that, at the time, he asked the owners’ representative if they could renovate it, but were told the home had to be torn down. “We went into contract in July 2021, and in three years, we put together this beautiful house across from a park with direct open bay access. It’s a great property.”

The existing property, at 2700 Sunset Drive on Sunset Island II, was built in the late 1980s and dated, Lloyd said. A12 Design gussied up the modern mansion.

The seven-bedroom home sits on almost half an acre, with 100 feet on the water. It comes with nine baths and one powder room.

There’s also a great room with a full-size marble wet bar and an elevator. A large home office can also be used as a den or screening room. The home also boasts two kitchens, a main bedroom with two ensuite baths, and a separate gym/spa structure with a hybrid sauna and a steam shower.

Design details include high-impact doors and lots of built-in cabinetry.

Outside, there’s a pool and an L-shaped dock.

Jordan Karp, of Jordan Karp LLC, represented the unidentified all-cash buyer.

Neighbors on the Sunset Islands include Google’s former honcho Eric Schmidt.

The Lloyds are also in contract to buy a large piece of land on La Gorce Island that is slated to close in August for the asking price of $10 million, Lloyd said.

In 2020, the couple paid $5.5 million for a house on South Biscayne Point Drive in Miami Beach and sold it for $8.7 million a year later.