Gloria and Emilio Estefan relist Miami guest compound for $32 million
April 25, 2019 - Miami Beach
Gloria and Emilio Estefan have re-listed their Miami Beach estate, and this time, they're asking for $32 million.
The property has been on and off the market for the last several years, starting in 2015 when it was priced at $40 million.
The couple bought the sprawling waterfront residence almost 26 years ago for Emilio’s mother but now use it for guests.
Set on a 1.34-acre corner lot with 240 feet of water frontage, the Floridian-style main house was restored in 1995 and features hardwood and marble floors, a living room with a fireplace, a piano room, five bedrooms and 4.5 bathrooms.
A separate guesthouse, with three bedrooms and three bathrooms, features a center courtyard and a living room with 30-foot ceilings. Between the two-story main house and the guesthouse, the living space totals about 8,000 square feet.
There’s also a heated swimming pool, a gazebo with a summer kitchen and a three-car garage. The private dock has an electric boat lift.
“Star Island feels like a sanctuary, so it’s perfect for someone who wants a very tranquil residential community,” said Stephanie Bienstock, a real estate agent who represents RelatedISG International Realty, which holds the listing.
blog, celebrities, celebrity, Estate of the Day