Super Rich Star Island

46 Star Island Drive on Miami’s Star Island is listed with Dora Puig of Luxe Living Realty.

It’s not often that we are stopped in our tracks by luxury real estate, having been in some of the most expensive and utterly over-the-top homes in America, but 46 Star Island Drive on Star Island in Miami certainly gives us at least a second or two of pause.

Currently listed for $39.95 million, the 1.4-acre lot comprises a property that was built back in 1923 by real estate developer Carl Fisher –who, among a great many other things, developed Miami Beach, Montauk and the Indianapolis Motor Speedway. Some of the more amazing features include: 255 feet of frontage on Biscayne Bay, two amazing private docks, a boat lift, outdoor swimming pool and cabana, pleasing decks and patios, extensive landscaping with a private-entrance brick drive, and stunning views of Miami Beach.

The house has been on the market for a little over three years, first entering at $65 million back in November of 2016. Renovated numerous times, it now stands at 20,000 square feet and comprising 40 rooms, including 10 bedrooms, 10-full-and-two-half baths (at least one of which looks to be full-on marble); a 3,000-bottle wine cellar; home theater; fitness room; two separate staff quarters areas, complete with living rooms, kitchens, etc.

Public records show that the current owner purchased the property for approximately $1.83 million back in 1987. No matter what price it ends up trading for, it looks to be a pretty significant return on investment.

Notable Star Island homeowners include Sean “Diddy” Combs, Gloria and Emilio Estefan, Don Johnson, Rosie O’Donnell and Shaquille O’Neal.

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