Miami Condo Market and Lifestyle Updates
Gloria and Emilio Estefan Have Listed Their Mansion for $40 Million

Gloria and Emilio Estefan Have Listed Their Mansion for $40 Million

by Sep Niakan | March 17, 2015

The Star Island mansion owned by Gloria and Emilio Estefan, known as “Nena’s Villa,” has been put up on the market for $40 million.

The mansion, located at 1 Star Island Drive, Miami Beach, has not been on the market in 22 years. The 1.34-acre estate was last sold in November 1993 for $1.84 million.

Nena’s Villa consists of the house, constructed in 1940, and a guest house built in 1995. The main house has over 4,700 square-feet of space, with four bedrooms and five bathrooms. The guest house has almost 2,700 square-feet of space, with three bedrooms and three bathrooms.

Jill Eber and Jill Hertzberg, known as “the Jills” of Coldwell Banker, are taking care of the listing.

“The property is phenomenal,” Eber said, “it’s a just-under 60,000-square-foot lot, with 240 feet on the bay with spectacular views to downtown and the bay.” Eber also mentioned that the landscaping for the property is “magnificent,” and Hertzberg added that “you can create whatever you want with this property.”

 

Source: therealdeal.com

Photo credit: Mansion therealdeal.com, zillow.comGloria and Emilio - syracuse.com

Recent posts

Real Estate News

Miami Luxury Condos: Q2 Report June 2017

by Sep Niakan | July 19, 2017

Miami Luxury Condo Report Overall Market Summary City and Neighborhood Luxury Condo Reports             Miami Beach Luxury Condo Report                    ...

Lifestyle

Miami for Wine Lovers Part 1: Top Wine Tastings and Events

by Sep Niakan | July 18, 2017

Who needs Napa Valley when Miami has a flourishing wine culture? This series of blogs is dedicated to all the wine lovers in Miami. In this part, we are covering events and tastings across the city that will acquaint you with wines from around the...

Lifestyle

Editorial: Traffic-Busting Transit-Oriented Development of Condos and Apartments in Miami

by Sep Niakan | July 18, 2017

We are all familiar with the pain of Miami’s current traffic situation. But, our prayers are finally being answered! The long-time need for transit-oriented development is being addressed, with almost nine projects on the drawing board and one...

Real Estate News

Brickell Heights Has Arrived! A Review of the Condo and its Amenities (Photo Blog)

by Sep Niakan | July 18, 2017

Brickell Heights Has Arrived in Style! Brickell heights started closings in June at a rapid pace, and so far I have seen and heard nothing but good things about the building and have had great experience with the staff and management there. That...