An Estate on Miami’s Star Island Sells for $57 Million
September 17, 2023 - Miami
The Miami waterfront property includes a roughly century-old Mediterranean-style home and a modern glass mansion has sold for $57 million.
That’s significantly less than the $90 million the seller, dental-products entrepreneur John Jansheski, asked when the property first came on the market in January 2022. Located on the exclusive enclave of Star Island, the roughly 40,000-square-foot lot has been on and off the market since, mostly recently listed in August for $68 million, according to Zillow.
The older home on the property was designed by the architect Walter DeGarmo. Jansheski bought it in 2011 for $10.75 million, then spent hundreds of housands of dollars in 2014 to move it about 150 feet to make way for the new house. Designed by the South Africa-based architecture firm SAOTA, the new house has a hair salon, a roughly 1,400-bottle wine room, a large wraparound pool and a spa with a massage room. There is also a separate gym, an “office cabana” and a dock with a boat lift. Together, the two homes span about 23,000 square feet and have about 10 bedrooms, according to the listing.
Source from: Mansion Global