Miami’s Hottest Deals: Top Executive & VIP Real Estate Sales of 2020

Miami’s Hottest Deals: Top Executive & VIP Real Estate Sales of 2020

Feb 22, 2021 February 22, 2021

2020 turned out to be the Year of the Power Buyer! From Silicon Valley tech execs to high-powered venture capital CEOs, and phenomenally successful founders, Miami and the Fort Lauderdale area received a bevy of VIP and business heavy buyers last year. The likes of Sandeep Mathrani (WeWork CEO), Ken Griffin (Citadel CEO), Sam Nazarian (SBE founder), Keith Rabois (PayPal investor), Peter Thiel (PayPal co-founder), Jonathan Oringer (Shutterstock founder), and Marcelo Claure (Softbank CEO), and Ravichandra Saligram (Newell Brands CEO) are just some of the top-tier business talent that bought a house or condo here in 2020.

While the Venetian Islands and Mid-Beach were the obvious favorites for anyone moving to Florida for the phenomenal lifestyle and beach lure, the gated communities of ‘City Beautiful’ Coral Gables saw plenty of head honchos moving into estates for its lush tropical setting and added privacy. Read on for a comprehensive list of the Top Executives & Power Buyers who bought a Miami home in 2020:


 Top VIP Home Sales in Miami Beach in 2020



Who: Ken Griffin

Billionaire hedge funder - Founder, CEO and co-Chief Investment Officer of the Chicago-based hedge fund, Citadel (recently added satellite office in Miami)

11 and 12 Star Island Drive, Star Island, Miami Beach


Where:
11 and 12 Star Island Drive, Star Island, Miami Beach

How Much: $37 million

What: Double Waterfront-lot

AND

Where: 10 Star Island Drive, Star Island, Miami Beach

How Much: $25 million

What: Waterfront lot



Who: Keith Rabois

Tech investor who has invested in companies such as PayPal, LinkedIn, Square and Yelp

1429 North Venetian Way, Venetian Islands


Where:
1429 North Venetian Way, 
Venetian Islands

How Much: $28.9 million

What: 0.6-acre property featuring a nearly 15,000-square-foot, 4-story waterfront mansion designed by Dufner Heighes with landscaping by Urban Robot. The designer home includes 6 bedrooms (2 master suites), 7 bathrooms, 5 half-bathrooms, a 4,868-square-foot rooftop garden, and a screen wall by Erwin Hauer (an Austrian-born American sculptor). Additional features include a million-dollar, 5,600-gallon saltwater aquarium imported from Japan, a 1,112-bottle wine cellar, an infinity edge pool, rooftop garden with wet bar and Bradford-tiled spa tub, gym with NFL turf on an adjacent terrace, outdoor kitchen, outdoor shower, boat lift, and a four-car garage.



Who: Peter Thiel

Co-founder – PayPal, Palantir Technologies and Founders Fund co-founder – German-American billionaire entrepreneur and venture capitalist

445 to 441 East Rivo Alto Drive, Venetian Islands


Where:
445 to 441 East Rivo Alto Drive, 
Venetian Islands

How Much: $18 million

What: 0.6-acre waterfront property featuring two mansions, each with its own swimming pool and a total of 9 bedrooms plus 7.5 bathrooms.



Who: Keith Menin

Hospitality mogul, Principal of Miami-based Menin Hospitality

64 La Gorce Circle, La Gorce Island, Mid-Beach


Where:
64 La Gorce Circle, La Gorce Island, 
Mid-Beach

How Much: $17 million

What: 29,508-square-foot property featuring an 11,460-square-foot waterfront mansion with 6 bedrooms and 7.5 bathrooms. It also includes 160 feet of water frontage, a dock, pool, bar, gym, courtyards, home office, and a guest house.



Who: Banir Ganatra

CEO of Americor, a debt settlement company

825 East Dilido Drive, Venetian Islands


Where:
825 East Dilido Drive, 
Venetian Islands

How Much: $17 million

Sold By: Vitamin mogul Andrew Lessman

What: 14,244-square-foot lot featuring a Choeff Levy Fischman-designed waterfront mansion. The 8,048-square-foot tropical modern home includes 7 bedrooms, 7.5 bathrooms, more than 100 feet of water frontage, a double-sided infinity edge pool with spa, summer kitchen, and a dock.



Who: Mark Sutcliffe and Siobhan O’Farrell

Mark Sutcliffe - Principal at Greybridge Equity Partners and CEO of Redzone Production Systems - a software company for food and beverage manufacturing

45 East Dilido Drive, Venetian Islands


Where:
45 East Dilido Drive, 
Venetian Islands

How Much: $16 million

What: 10,500-square-foot property featuring a 5,405-square-foot waterfront spec home designed by Kobi Karp Architecture and Interior Design. The 5-bedroom, 4-bath waterfront house includes a panoramic rooftop lounge with putting green, an infinity pool with hot tub, outdoor kitchen, plus a dock with a jet ski lift.



Who: Randy Frankel

Tampa Bay Rays co-owner

1635 West 22nd Street on Sunset Island IV, Mid-Beach


Where:
1635 West 22nd Street on Sunset Island IV, 
Mid-Beach

How Much: $14.4 million + $400,000 for furnishings

What: 20,000-square-foot property featuring an 8,500-square-foot spec mansion designed by Domo Architecture + Design. The 4-bedroom, 4.5-bathroom home features a separate guest house with 3 bedrooms, 3 bathrooms, plus a cabana with one bath.



Who: Luís Felipe Neiva Silveira

Founder and CEO of 2Futures Holding, a firm investing in Brazilian real estate and technology companies

1635 West 22nd Street on Sunset Island IV, Mid-Beach


Where:
28 Star Island Drive, Star Island, Miami Beach 

How Much: $13.3 million

What: 40,000-square-foot waterfront lot.



Who: Alex Blavatnik

Executive Vice President and Deputy Chairman of the New York-Based conglomerate Access Industries

Unit 1006 at Fendi Château Residences, 9349 Collins Avenue, Surfside


Where:
Unit 1006 at Fendi Château Residences, 9349 Collins Avenue, Surfside

How Much: $12.2 million

What: 6,783-square-foot condo featuring 4 bedrooms and 5.5 bathrooms. Also includes access to Fendi Chateau’s stellar amenities such as two swimming pools with cabanas, tropical gardens, pool and beachside service, lounge featuring a gourmet kitchen, spa with indoor European thermal pool, kids' club, private cinema/media center, and ultra-luxury concierge called the Fendi Château attaché.



Who: Nicolas M. Caputo

Argentinian construction executive and politico with ties to former President Mauricio Macri

Units 4003 and 4004 at Turnberry Ocean Club, 18501 Collins Avenue, Sunny Isles Beach


Where:
Units 4003 and 4004 at 
Turnberry Ocean Club, 18501 Collins Avenue, Sunny Isles Beach

How Much: $11.88 million

What: Double-sized condo with a combined interior space of 6,740 square feet plus 1,610 square feet in outdoor terraces. The 5-bedroom, 7.5-bathroom residence comes with access to the development’s 70,000 square feet of amenities plus exclusive privileges at the Turnberry-branded golf course and water park in Aventura. Some outstanding amenities at the Turnberry include an elevated pool deck, beachfront pool deck, beachfront restaurant, sunset lounge, coffee bar, spa, beauty salon, kid’s room, and theater.



Who: Sandeep Mathrani

CEO of WeWork, the co-working giant

Unit 1005 in the South Tower at The Surf Club Four Seasons Hotel and Residences, 9011 Collins Avenue, Surfside


Where:
Unit 1005 in the South Tower at 
The Surf Club Four Seasons Hotel and Residences, 9011 Collins Avenue, Surfside

How Much: $11.3 million

What: 4,209-square-foot condo featuring 4 bedrooms. Part of the Four Seasons condo-hotel designed by Richard Meier and Kobi Karp, the Surfside residence includes access to the (attached) historic Surf Club complete with a 1920s-style lobby and champagne bar, full-service spa and fitness center, four pools, a beach club, a kids’ lounge, two restaurants (one by Thomas Keller), and an oceanside park.



Who: Marcelo Claure

CEO of Tokyo-based Softbank Group International and Executive Chairman of New York-based co-working firm WeWork

5212 North Bay Road, Mid-Beach


Where:
5212 North Bay Road, 
Mid-Beach

How Much: $11 million

What: 0.6-acre lot with 150 feet of water frontage and a teardown built in 1986.



Who: David Grutman

Founder of Groot Hospitality, owner of LIV, Story, Komodo, Swan & Bar Bevy plus other concepts

2050 North Bay Road, Mid-Beach


Where:
2050 North Bay Road, 
Mid-Beach

How Much: $10.3 million

What: 0.75-acre, Spanish-style estate built in 1933 with 160 feet of water frontage. Grutman plans to tear down the original Mediterranean home and replace it with a two-story, tropical mansion by Design Studio featuring landscape by Raymond Jungles. The property was sold with a recording studio, tennis court, gym, and guest house.



Who: Jonathan Cox

Founder and chairman of the Boston and Miami-based commercial real estate firm - The Federated Companies

515 East Dilido Drive, Venetian Islands


Where:
515 East Dilido Drive, 
Venetian Islands

How Much: $9 million

What: 4,833-square-foot, waterfront home built in 1938 with 6 bedrooms.



Who: Steve Witkoff

Founder of the New York-based real estate investment firm - the Witkoff Group

4766 North Bay Road, Mid-Beach


Where:
4766 North Bay Road, 
Mid-Beach

How Much: $8 million

What: 0.5-acre vacant waterfront lot.



Who: Laurent Ouazana

CEO of the French insurance firm Entoria, the 15th-largest overall broker in France

6505 Allison Road, Allison Island North Beach


Where:
6505 Allison Road, Allison Island 
North Beach

How Much: $6.4 million

What: 0.5-acre waterfront property with a 4,302-square-foot home built in 1947. It features 4 bedrooms, 4 bathrooms, and 100 feet of water frontage.



Who: Jerome and Debbie Falic

CEO of Duty Free Americas (chain of airport and border town stores) and his co-owner wife

122 Bal Bay Drive, Bal Harbour


Where:
122 Bal Bay Drive, 
Bal Harbour

How Much: $5.5 million

What: 15,344-square-foot waterfront property inclusive of a 4,691-square-foot, 5-bedroom home built in 1988.


Read about all the businesses moving (or planning a move) to Miami, here.




Is your company or office moving to Miami or Fort Lauderdale?

Call, chat, or email to have a local real estate expert help you find the perfect estate home or waterfront condo to easily transition into your new life.




Top VIP Sales of Miami in 2020



Who: Jonathan Oringer

Billionaire founder of the stock media and photo editing company, Shutterstock

4358 North Bay Road, Coral Gables


Where:
4358 North Bay Road, 
Coral Gables

How Much: $42 million

What: 1.1-acre waterfront estate featuring a 20,864-square-foot mansion with 7 bedrooms, 10 bathrooms, 2 half-bathrooms, a dock, and a swimming pool.



Who: Lee Scott Millstein and Sylvie Millstein

President of Cerberus Global Investments and global head of real estate plus his fashion designer wife

90 Leucadendra Drive, Coral Gables


Where:
90 Leucadendra Drive, 
Coral Gables

How Much: $22 million

What: 10,346-square-foot, Balinese-style, waterfront mansion designed by architect Ramon Pacheco. It features 255 feet of water frontage with a 160-foot dock, 9 bedrooms (master suite overlooks water), a swimming pool, rooftop deck, outdoor entertainment area, home theater, plus game room with wet bar and wine cellar.



Who: Jeff Conry

President of one of the largest charter airlines - iAero Airways

6312 Riviera Drive, Coral Gables


Where:
6312 Riviera Drive,
Coral Gables

How Much: $14.9 million

What: 1.6-acre property featuring a 10,762-square-foot waterfront mansion with 6 bedrooms and 6 bathrooms. It further includes a tennis court, swimming pool, separate small house, dock, and boat-storage yard.



Who: Sam Nazarian

Founder of the SBE lifestyle hospitality group

8815 Arvida Drive, Coral Gables


Where:
8815 Arvida Drive, 
Coral Gables

How Much: $14 million

What: 1.2-acre waterfront estate featuring a 9,694-square-foot Palladian-style mansion with 6 bedrooms and 8.5 bathrooms. The estate also includes a swimming pool, covered terraces and cabana, summer kitchen, plus 4-car garage.



Who: Andre Hakkak and Marissa Shipman

CEO and co-founder of White Oak Global Advisors, a global investment firm with his Balm Cosmetics’ CEO wife

8950 Arvida Drive, Coral Gables


Where:
8950 Arvida Drive, 
Coral Gables

How Much: $13.6 million

What: 2-acre estate with a 17,215-square-foot, 2-story mansion designed by architect Cesar Molina. Built in 2016, the home includes 6 bedrooms, 9 bathrooms, 2 half-bathrooms, a 6-car garage, a swimming pool, a separate structure with room for a gym or spa, and an extra-large backyard.



Who: Stuart and Pamela Rothenberg

Ex-Goldman Sachs executive and his wife

4731 Lake Road, Bay Point, Upper East Side


Where:
4731 Lake Road, Bay Point, 
Upper East Side

How Much: $11.3 million

What: 7,169-square-foot, lake-front house built in 2019 with 7 bedrooms and 8.5 bathrooms. Also includes an outdoor area with 74-foot infinity lap pool, a wine cellar, 3-car garage, and a dock with boat lift.



Who: Chandler Joel Reedy

Managing Director at the New York-based private equity firm Warburg Pincus

Where: 300 Casuarina Concourse, Coral Gables


Where:
300 Casuarina Concourse, 
Coral Gables

How Much: $7.75 million

What: 1.5-acre waterfront property featuring 200 feet of water frontage and a teardown opportunity.



Who: Matthew B. Gorson

Senior chairman at Greenberg Traurig, a Miami-based law firm

Unit 20AB at One Park Grove, 2811 S Bayshore Drive, Coconut Grove


Where:
Unit 20AB at 
One Park Grove, 2811 S Bayshore Drive, Coconut Grove

How Much: $7.3 million

What: Penthouse in the ultra-luxury Oma and Rem Koolhaas- designed One Park Grove with interiors by William Sofield. Includes access to the Silver LEED®-Certified property’s 2-acre private park (designed by Enzo Enea), outdoor amphitheater, rooftop pool, indoor and outdoor lounges, signature spa, wine tasting room with private bottle storage, private screening room, children’s playroom, a Michael Schwartz-restaurant, plus a nautical concierge.



Who: Slaven Zivkovic

Founder and chief executive of Springshare, a tech company developing web applications for libraries and educational institutions

535 Casuarina Concourse, Coral Gables


Where:
535 Casuarina Concourse, 
Coral Gables

How Much: $6.2 million

What: Almost a 1-acre estate featuring a 7,736-square-foot, two-story house with 6 bedrooms, 8 bathrooms, a home office, media room, gym, mahogany bar, pool, spa, and tennis court.



Who: Ravichandra Saligram

President and CEO of Newell Brands consumer conglomerate, which includes household names such as Rubbermaid, PaperMate and Yankee Candle

Unit 4202 at One Thousand Museum, 1000 Biscayne Blvd, Downtown


Where:
Unit 4202 at One Thousand Museum, 1000 Biscayne Blvd, Downtown

How Much: $6 million

What: Fully furnished condo in the late Zaha Hadid-designed scorpion tower with ultra-luxury amenities such as a private rooftop helipad, two-story wellness center with spa and fitness areas, double-height aquatic center with indoor lap pool, sun and swim terrace, triple-height sky lounge, multimedia theater, and access to a private off-site beach club.



Who: Dan Azel

President of the real estate construction firm called Andale Group

130 Solano Prado, Coral Gables


Where:
130 Solano Prado, 
Coral Gables

How Much: $5.3 million

What: 22,750-square-foot waterfront property featuring a 3,172-square-foot, Giorgio Balli-designed house. Built in 1969, the home overlooks 144 feet of Old Cutler Bay water frontage and includes 4 bedrooms, 3 bathrooms, a swimming pool, plus a 15,000-pound boat lift.



Looking to leverage your new work-from-home policies for a life on the beach? Read our Moving to Miami guide here or call/chat a Condo Blackbook expert any time to help plan your move.

Contributor
Contact Us
Sep Niakan
Broker / Team Lead
(305) 697-7667
sep@blackbookproperties.com
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Your Miami Condo Awaits

Recent Posts

Greater Downtown Miami Luxury Condo Market Report Q2 2021 - Brickell Leads Miami Growth
Real Estate News Greater Downtown Miami Luxury Condo Market Report Q2 2021 - Brickell Leads Miami Growth
View the most up-to-date market reports. Take me there now! The explosive sales trend for Miami condo sales seen during the first quarter of 2021 has only grown in the second quarter of the year. Our Q2 2021 luxury condo market report for Greater Downtown Miami highlights unprecedented triple-digit growth over the previous quarter, and two sub-markets in this grouping reported incredible four-digit growth, while all three neighborhoods - Downtown Miami, Edgewater, and Brickell - all posted record-high sales. In Q2, Brickell leads Miami's growth story, reporting the highest percentage increase in year-over-year sales of all neighborhoods under review in our Q2 2021 Overall Miami Condo Sales report. And, even though all 3 sub-markets report the highest levels of inventory in all of Miami and Miami Beach, they are at a record-low in the 5 years of our reporting. The overall Miami market has already transitioned into a seller's market, and only this Greater Downtown Miami grouping is...
Miami Overall Luxury Condo Report - Q2 2021
Market Reports Miami Overall Luxury Condo Report - Q2 2021
View the most up-to-date market reports. Take me there now! The second quarter of 2021 marks the third consecutive quarter of booming sales for Miami's luxury condo market. Powered by businesses and people continuing to move to South Florida (first sparked by Icahn Enterprises in 2020), luxury condo sales in Miami have shown unprecedented growth. There have been more sales in the first half of 2021 than in all of 2020 or 2019 (1229 sales versus 715 and 718 sales, respectively). Backed by exceptional momentum - to the tune of a record-breaking 754 sales in this last quarter - the luxury condo market has officially made it out of its long-standing buyer-friendly position. Miami's luxury condo market has now corrected to a seller's market, with inventory at 9 months, its lowest-ever in over 6 years of our reporting.With so much demand, and sellers regaining control, prices are also steadily increasing.  Looking at specific neighborhoods, Fisher Island holds as the most expensive...
MIA is Open! These Direct Flights to Miami You Can Book Now
Lifestyle MIA is Open! These Direct Flights to Miami You Can Book Now
Non-stop Flights to Miami: Direct Flights for Leisure, Entertainment, Business, Or Investment Opportunities Whether you live in Miami or are visiting, you can count on passing through Miami International Airport (MIA) at some point. Located near Downtown Miami, MIA is America’s third-busiest airport for international passengers. Miami International Airport also acts as a crucial link between the US, Latin America, South American and Europe. It particularly serves as an important gateway to Latin America and the Caribbean, with more flights to the region than any other airport in the United States. Offering some of the best connectivity in the world, the Miami International Airport operates at least 75 non-stop flights to international cities and 61 direct flights to domestic destinations with more planned (statistics as of February 2021). There are over 100 airline carriers that fly in and out of MIA every day, making it the perfect hub for passengers and cargo alike. You can catch...
Five Park Condos: Pre-sales for South Beach’s Newest and Tallest Tower
Real Estate News Five Park Condos: Pre-sales for South Beach’s Newest and Tallest Tower
Envisioned to stand as an iconic beacon at the entrance to South Beach, sales are now underway for the Five Park condo residences. Previously known as Canopy Park or the Park on Fifth, the 519-foot tower is an ambitious project by developers David Martin (Terra Group) and Russell Galbut (GFO Investments) set to give Miami Beach its tallest tower yet.  The 48-story cylindrical tower designed by Arquitectonica will house 98 luxury residences anchored by a dog-friendly 3-acre public park complete with native shade trees, art displays, a Monstrum playground, and more. Tasteful retail and an artistic bridge over 5th Street - connecting the community to a baywalk, the marina, and South Pointe Park in South of Fifth - are other highlights at this iconic development. The entire development will be optimized for sustainability with resourceful water management and heat load management. Five Park - The Tallest Building in Miami Beach Towering 519 feet above the gateway to Miami Beach,...
District 225: Related Group’s Latest Miami Condo Project Will Allow Airbnb, Short-Term Rentals
Real Estate News District 225: Related Group’s Latest Miami Condo Project Will Allow Airbnb, Short-Term Rentals
In a nod to current market demand for luxury condo projects that double up as smart investments, the Related Group launched sales last month for District 225 – a turnkey, Airbnb-ready condo project. The 37-story condo tower will feature 347 condo residences built to live and host freely, allowing short-term rentals. The announcement comes shortly after the success of other pre-construction condo projects in Miami such as Legacy Hotel & Residences and E11even Hotel and Residences that are completely sold out before breaking ground. While these projects do allow short-term rentals via their hotel component or building’s rental management services, Related’s District 225 stands out for coming with a built-in partnership with Airbnb. What it means is that owners will be able to rent seamlessly on the world’s most popular home-sharing websites, gaining maximum exposure and control over their investment and over how often they would like to rent out. Airbnb’s Influence on Downtown...
Miami’s New and Pre-Construction Condo Update: June 2021
Preconstruction Miami’s New and Pre-Construction Condo Update: June 2021
Miami is in another strong real estate cycle and with the surge in demand we’ve seen in the first half of the year, condo developers are getting more and more projects off the ground or completed, with new announcements, sales launches, and adding second or third phases to their ongoing developments. To note, Downtown Miami’s E11even Hotel and Residences are already 100% sold out, even before shovels could hit the ground, and a second tower could be in development. Four new condo development projects were announced: Melo Group’s Aria Reserve, Related Group’s District 225, Aria Development’s 501 First Residences, and Russell Galbut plus David Martin’s Five Park – and all launched sales this June. And, foundation work is in full swing at Miami Beach’s Five Park and Brickell’s Baccarat Residences. Downtown Miami’s Natiivo has had its first cranes installed. And many other developments are taking place around town. Read on for details on these and more project updates in our Miami...