Star Island, as many Miami Beach residents know, is home to the rich and famous, including Sean Combs, Gloria and Emilio Estafan, Rosie O'Donnel, and Naomi Campbell and her billionaire boyfriend. In March of this year 10 of the 34 properties on Star Island were for sale. Five of those properties sold in the past 4 months, and just this weekend, another home was listed for sale on this exclusive island, a virtual gated enclave, accessible by just one bridge.
42 Star Island Drive is now for sale for the first time since 1978, when it was purchased by its present owner. The home, built in 1925, and undoubtedly one of Miami's finest properties, is situated on a 48,266 square feet lot, with 205 linear feet of water frontage, overlooking beautiful Biscayne Bay in Miami Beach, Florida. The 8 bedrooms 7 bathrooms home, with 3 guest houses, awaits the right person to restore some of it’s wonderful classic features. The property boasts an 8 ton boat lift with 4 boat slips, and a top of the line security system, with cameras all around the property. The price -- $10,500,000.
There are 3 other homes for sale on the island at the present time, including 5 Star Island Drive ($49,995,000), 40 Star Island Drive (29,500,000), and 29 Star Island Drive($21,000,000).
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