46 star island drive owner

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Star Island is a Tiny Neighborhood of Massive Houses & Drama

Photo by Ronny Lorist

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One of the smallest of all South Florida neighborhoods, Star Island is the site of a mere few dozen homes and yet it always seems to be in the news because of something or other one of its famous owners wants to do there. Its houses, some of which are very historic, always seem to be getting additions, renovations, moved (literally), or demolished for "bigger and better" replacements, including, most famously, that epic feud between Real Housewife of Miami Lisa Hochstein, her husband "boob god" Leonard Hochstein, and everyone else over the fate of 42 Star Island Drive. Spoiler alert: the Hochsteins won, but that's just the beginning of all the nutty stuff that goes down on Star Island.


· Star Island coverage [Curbed Miami]

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Singer Gloria Estefan owns 1 Star Island Drive, which she operates and rents out as 'Nena's Villa'. Rent is reportedly $75,000 a month. Ms. Estefan herself lives just down the street.
The notorious developer Thomas Kramer's wagnerian house is just as creepy as he is. Over the years he's had wild parties here, had the Real Housewives of NYC over, and in leaner years tried to make a buck off of it in any way he could, from renting it out to turning it into a hotel.

6 West Star Island Drive
Miami Beach, FL 33139

Property records list the property in Trust of Brian Bilzin, partner at law firm Bilzin Sumberg, but that actually means its owned by Stuart Miller. [Photo via Bing]

7 West Star Island Drive
Miami Beach, FL 33139

Stewart Miller, CEO of giant development company Lennar, owns this house. The Millers are major landowners on the island. [Photo via Bing]

10 West Star Island Drive
Miami Beach, FL 33139

"Brian Bilzin Trust", a.k.a. Stuart Miller

21 West Star Island Drive
Miami Beach, FL 33139

Pharmaceutical billionaire Phillip Frost's mega house is 37,240 Sq.Ft according to property records, on a 268,512 Sq.Ft piece of land. His lavish garden may or may not be on Leona Helmsley's former land, so don't quote us on that. [Photo via Bing]
Lennar CEO Stuart Miller purchased this property, which contains a very historic structure that was originally a portion of the Star Island Yacht Club (now long defunct). He originally planned to demolish it and build a mammoth new estate next door to his mother's, but is reportedly now in talks with historic preservationists and the City of Miami Beach to preserve it, in some form.

23 East Star Island Drive
Miami Beach, FL 33139

Susan Miller's house. She's Stuart Miller's mom. [Photo via Bing]
Sours: https://miami.curbed.com/maps/star-island-is-a-tiny-neighborhood-of-massive-houses-drama

Nearby homes similar to this home have recently sold between $420K to $35,000K at an average of $2,125 per square foot.

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SOLD JUN 1, 2021

$22,000,000 Last Sold Price

6 Beds

10 Baths

11,690 Sq. Ft.

5980 N Bay Rd, Miami Beach, FL 33140

5980 N Bay Rd, Miami Beach, FL 33140

1 / 45

SOLD JUL 16, 2021

View More Recently Sold Homes

Nearby Properties

Data from public records.

AddressRedfin Estimate

50 North Hibiscus Dr, Miami Beach, FL

4 Beds | 3 Baths | 4514 Sq. Ft.

$3,843,530

7 North Hibiscus Dr, Miami Beach, FL

2 Beds | 2 Baths | 2626 Sq. Ft.

$7,672,643

24 South Hibiscus Dr, Miami Beach, FL

6 Beds | 6.5 Baths | 4604 Sq. Ft.

$12,731,904

17 North Hibiscus Dr, Miami Beach, FL

7 Beds | 7 Baths | 6818 Sq. Ft.

$21,050,227

26 East Star Island Dr, Miami Beach, FL

7 Beds | 9 Baths | 19440 Sq. Ft.

$72,189,754

33 East Star Island Dr, Miami Beach, FL

6 Beds | 6 Baths | 9350 Sq. Ft.

$31,163,311

6 West Star Island Dr, Miami Beach, FL

2 Beds | 4 Baths | 4760 Sq. Ft.

$36,968,225
AddressRedfin Estimate

25 South Hibiscus Dr, Miami Beach, FL

4 Beds | 3 Baths | 2461 Sq. Ft.

$3,005,291

14 South Hibiscus Dr, Miami Beach, FL

5 Beds | 5 Baths | 8209 Sq. Ft.

$15,157,687

22 North Hibiscus Dr, Miami Beach, FL

4 Beds | 3.5 Baths | 2826 Sq. Ft.

$2,926,445

15 West Star Island Dr, Miami Beach, FL

9 Beds | 10 Baths | 8699 Sq. Ft.

$44,784,420

13 West Star Island Dr, Miami Beach, FL

10 Beds | 11 Baths | 14762 Sq. Ft.

$52,875,253

23 West Star Island Dr, Miami Beach, FL

7 Beds | 7.5 Baths | 9419 Sq. Ft.

$43,870,750

21 West Star Island Dr, Miami Beach, FL

6 Beds | 8 Baths | 23916 Sq. Ft.

$91,888,646
AddressRedfin Estimate

2 South Hibiscus Dr, Miami Beach, FL

6 Beds | 5.5 Baths | 4156 Sq. Ft.

$7,039,645

1 North Hibiscus Dr, Miami Beach, FL

3 Beds | 2 Baths | 4212 Sq. Ft.

$7,298,298

6 South Hibiscus Dr, Miami Beach, FL

4 Beds | 3 Baths | 2947 Sq. Ft.

-

31 West Star Island Dr, Miami Beach, FL

10 Beds | 8 Baths | 10892 Sq. Ft.

$37,395,073

34 Star Island Dr, Miami Beach, FL

9 Beds | 9.5 Baths | 5493 Sq. Ft.

$28,800,950

5 West Star Island Dr, Miami Beach, FL

11 Beds | 11 Baths | 11308 Sq. Ft.

$44,367,186

14 West Star Island Dr, Miami Beach, FL

6 Beds | 6.5 Baths | 14268 Sq. Ft.

$35,471,209

Show More

Sours: https://www.redfin.com/FL/Miami-Beach/46-W-Star-Island-Dr-33139/home/42799889
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Historic 1920s Estate on Miami’s Star Island Sells for $39 Million

Once listed for $65 million, a historic 1920s estate on Miami’s Star Island sold Monday for $39 million, according to the Multiple Listing Service.

The 10-bedroom, 12-bathroom Mediterrean-style villa is on the northernmost end of Star Island and offers more than 250 feet of water frontage, plus a private dock and a boat lift.

The home has been on and off the market since 2016, when it was listed for $65 million. After failing to sell at auction in early 2018, the price was slashed to $48 million later that year. It was most recently listed for $42 million.

Alexa Eve Iacovelli and Dora Puig of the Dora Puig Team at Luxe Living Realty had the listing. The seller was Ms. Iacovelli’s father, Marco Iacovelli, founder of Miami-based Rally Manufacturing, an automotive accessories company.

“The market in Miami is on fire now, so this was the perfect time,” Ms. Iacovelli said.

Built in 1924 and fully renovated in 2016, the home has 40 rooms spread out across nearly 20,000 square feet, according to the listing. Those include a double-height great room, a chef’s kitchen, a wet bar, three offices, a gym, a 3,000-bottle wine cellar and a billiards room.

The primary bedroom suite has a balcony, seating area, dressing room, and a marble bathroom with a shower, dual vanities and soaking tub.

Outside, there are several decks and terraces, a loggia that acts as an outdoor dining room, an entertaining deck on the Biscayne Bay, a pool with fountains and a cabana. The 1.4-acre property is landscaped with lawns and mature palm trees.

“The outdoor area is my favorite place,” Ms. Iacovelli said. “We used to have parties every weekend with 80 or 100 people.”

The estate was once part of the Star Island Yacht Club, she noted, and the island has always attracted high-profile residents, she explained. Musicians Sean “Diddy” Combs, Gloria Estefan and Vanilla Ice, as well as former NBA player and commentator Shaquille O’Neal, have all owned homes there.

Before the Covid-19 pandemic, the island had lost some of the luster it enjoyed in the 1990s, but now a wave of buyers seeking lower taxes and more open space in South Florida has reignited the island’s star power, according to The Wall Street Journal.

Performer Jennifer Lopez and former New York Yankees star Alex Rodriguez bought a 10-bedroom mansion there for $32.5 million last summer, and hedge-fund billionaire Ken Griffin purchased an empty lot on the island around the same time, The Wall Street Journal reported.

Mr. Iacovelli purchased the property and historic home for $1.8 million in 1987, according to public records. He was not immediately available for comment.

Jill Hertzberg of Coldwell Banker Realty represented the buyer, who could not be identified because records of the deal have not yet been made public. Ms. Hertzberg did not immediately return requests for comment.


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Sours: https://www.mansionglobal.com/articles/historic-1920s-estate-on-miamis-star-island-sells-for-39-million-225714
46 Star Island Drive - Miami, FL

Star Island mansion listed for $48 million is 'a very unique home'

By Robyn A. Friedman

Correspondent|

Jun 25, 2018 at 11:25 AM

The asking price of a 20,000-square-foot mansion on prestigious Star Island in Miami Beach was recently slashed by $17 million — but, at $48 million, it’s still among the most expensive single-family homes listed for sale in Miami-Dade County, according to the real estate firm that holds the listing.

The two-story home, at 46 Star Island Drive, was built in 1923 by entrepreneur and real-estate developer Carl Fisher, but it has been renovated several times through the years, most recently in 2017. It has more than 40 rooms, including 10 bedrooms, 10 full and two half bathrooms.

Located on a 1.4-acre lot on the tip of Star Island, the property has 255 feet of frontage on Biscayne Bay. Other features include soaring ceilings, a ballroom-sized living room, three offices, a home theater, fitness room, staff quarters and a wine cellar that holds 3,000 bottles.

“It’s a very unique home,” said Mirce Curkoski, a real estate agent with ONE Sotheby’s International Realty, who co-listed the property along with agents Alexa Iacovelli and Albert Justo. “It’s almost like selling a piece of art.”

The wine cellar at this $48 million Star Island mansion holds 3,000 bottles.

The property was originally listed for $65 million, but the price was reduced to $48 million on May 24. “The seller’s motivation has increased for personal reasons, and we agreed to reduce the price drastically to create urgency for several buyers that we are currently working with and to have a few others come to the negotiating table,” Curkoski said.

Public records indicate that the property is currently owned by Marco R. Iacovelli, who purchased it in December 1987 for $1.825 million. Iacovelli is the founder of Rally Manufacturing Inc., an automotive-accessories manufacturer in Miami.

Star Island is a gated island in Biscayne Bay between Miami and Miami Beach. It’s located south of the Venetian Islands and in close proximity to Palm and Hibiscus islands. Living up to its name, Star Island is popular with celebrities and high-profile business executives. Current homeowners include entertainers Gloria and Emilio Estefan, Lennar Corp. Executive Chairman Stuart Miller and pharmaceutical entrepreneur Phillip Frost and wife Patricia.

“Star Island is the best location Miami Beach has to offer,” Curkoski said. “And we consider this to be the best lot on Star Island, because it’s positioned on the tip of the island and has unobstructed views from sunrise to sunset.”

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Sours: https://www.sun-sentinel.com/real-estate/prime-property/fl-bz-prime-property-star-island-20180622-story.html

Island drive owner 46 star

46 STAR ISLAND DR

Miami Beach, FL 33139

  1. Miami-Dade County
  2. T 54S, R 42E, S 4

Neighborhood Map

Property Details

This property is classified as Residential (Single Family).

The lot is 61301 square feet, the land value of which is assessed at .

There are 4 buildings on the property. This property has 1 residential units.

It was built in 1923.

This property is valued at .

The legal description of this lot is: "STAR ISLAND CORR PL PB 31-60".

Flood Data

This property is completely within the AE Zone (within floodplain).

The base flood elevation for this flood zone is 10.0 feet.

View Flood Map

This information is sourced from the FEMA National Flood Hazard Layer. See our full disclamer.

Registered Voters

These listings are address-matched and not guaranteed to be correctly linked to a property.
Source: Florida Division of Elections

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Adjacent Properties

Sours: https://floridaparcels.com/property/23/0242040010410
46 Star Island Dr, Miami Beach, FL, 33139

46 Star Island Dr
Miami Beach, FL 33139

Interior Details

Number of Rooms: 4Types of Rooms: Bedroom, Master Bathroom, Dining Room, Living RoomWet Bar

Beds & Baths

Number of Bedrooms: 10Number of Bathrooms: 12Number of Bathrooms (full): 10Number of Bathrooms (half): 2

Dimensions and Layout

Living Area: 18356 Square Feet

Appliances & Utilities

Utilities: Underground UtilitiesAppliances: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, WasherDishwasherDryerLaundry: Utility Room/LaundryMicrowaveRefrigeratorWasher

Heating & Cooling

Heating: Central,Electric,Fireplace(s)Has CoolingAir Conditioning: Central Air,Electric,ZonedHas Heating

Fireplace & Spa

Has a Fireplace

Gas & Electric

Gas: Natural Gas

Windows, Doors, Floors & Walls

Window: Clear Impact Glass, Blinds, Drapes, High Impact WindowsDoor: High Impact DoorsFlooring: Marble, Wood

Levels, Entrance, & Accessibility

Entry Location: First Floor Entry, FoyerFloors: Marble, Wood

View

Has a ViewView: Bay, Water

Security

Security: Smoke Detector(s)

Sours: https://www.trulia.com/p/fl/miami-beach/46-star-island-dr-miami-beach-fl-33139--1068729935

Now discussing:

Marco Iacovelli lists Star Island mansion for $65M

Marco Iacovelli, the founder of Rally Manufacturing, is listing his Star Island mansion for $65 million – marking the priciest home on the market in Miami-Dade County. 

Iacovelli’s home, at 46 Star Island Drive, is sandwiched between one of Lennar Corp. founder and CEO Stuart Miller’s properties and Phillip and Patricia Frost’s estate.

The 18,400-square-foot, 10-bedroom house was built in the early 1920s and extensively renovated since then, according to the Wall Street Journal. It will hit the market for about $3,530 per square foot with listing agents Mirce Curkoski and Albert Justo of One Sotheby’s International Realty. The owner’s daughter, Alexa Iacovelli, is also listing the mansion.

The family’s business, Rally Manufacturing, is an auto accessories company based in Miami.

A penthouse unit at Faena House ($55 million) and Casa Bahia in Coconut Grove ($50 million) follow Iacovelli’s home in terms of most expensive listings in Miami-Dade.

The waterfront property has more than 40 rooms, 255 feet of frontage on Biscayne Bay, two private docks, a boat lift, an outdoor swimming pool and cabana. Two separate staff living areas, with living rooms and kitchens, are also part of the home, which comes in handy for the full-time staff of five needed to maintain the property, the owner told the newspaper.

Property records show Iacovelli paid about $1.83 million for the 1.4-acre estate in 1987. Iacovelli said he and his wife no longer need the space and are spending more time at their homes in the Bahamas and Canada.

The exclusive island has been home to celebrities like Sean “Diddy” Combs, Gloria and Emilio Estefan, Don Johnson, Rosie O’Donnell and Shaquille O’Neal. The Estefans have 1 Star Island Drive on the market for $37 million.

Stuart Miller, who heads one of the biggest homebuilders in the U.S., is building himself a two-story mega mansion with underground parking, a lagoon, guest houses and more at 11 Star Island. He also owns 22 Star Island. [WSJ]– Katherine Kallergis


Sours: https://therealdeal.com/miami/2016/11/01/rally-manufacturing-founder-lists-star-island-mansion-for-65m/


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