A $37.5 Million Home in Miami is Up for Grabs
investments2 Minutes Read

A $37.5 Million Home in Miami is Up for Grabs

May 16, 2023

Discover the allure of Miami’s Star Island with its latest luxurious offering—a $37.5 million estate that exudes opulence and sophistication.

Many wealthy individuals call Miami home, but an even more exclusive bunch can say they live in the ultra luxurious enclave of Star Island. With property belonging to the likes of Jennifer Lopez and Ken Griffin, the iconic location is re-living its glory days, and now offers a new estate on the market for a whopping A $37.5 Million. Got some change lying around?

Image courtesy of JILLS ZEDER GROUP/1 OAK STUDIOS

Once belonging to Yale Brown, the 68 year old president of venture capital firm  IMS Ventures, the property was first bought back in 1999. With an initial cost of $4.65 million, its current asking price may seem like a steep price point, but its profit potential is likely to attract intrigued investors looking to score a piece of land on the desirable island.

Not to mention; the house is pretty impressive.

The 12,300-square-foot house has six bedrooms, most with private terraces and walk-in closets. Over the years, Brown has equipped it with extra details, such as lavish mahogany floors and maple detailing, as well as a generator and impact resistant glass for all water-facing windows.

Its true potential however, lies in its hosting capacity. Certain houses were built to entertain, and this A $37.5 Million Home is no less. With an excellent layout and a kitchen large enough to accommodate for catering, the Star Island property can seat 16 people for dinner, and plenty more guests in its living areas.

Image courtesy of JILLS ZEDER GROUP/1 OAK STUDIOS

As for its design, the property screams Miami in every possible way. With large windows and even larger rooms, the waterfront property is a place to see and be seen. With characteristically white touches, a spiralling staircase and a fountain, it is a place of discrete(ish) opulence. In the world of high-end real estate, where location and prestige reign supreme, this Star Island estate represents the epitome of luxury living—an invitation to indulge in the finer things in life and become part of an exclusive circle that appreciates the art of fine living.

Author: Laura Scalco
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