Scoop: They Just Keep Coming-Sunset Island Estate Trades for Almost $20M
Known in the real estate community as Villa Tranquilla, the home of George Lindemann Jr. discreetly changed owners for $19.8M. Located on prestigious Sunset Island I, neighbors include Enrique Iglesias Jr., Robert Toll and Anna Kournikova. Kournikova recently listed her home on Sunset Island III for $9.4M.
1736 W. 28th Street, Miami Beach, Sunset Island I
Lindemann bought the property in 2000 for $8.425M. Villa Tranquilla was built in 1936 and was designed by noted Palm Beach architect Mauricio Fatio. The single-story neoclassical estate has more than 11,000 SF and seven bedrooms and baths. The equally impressive lot boasts 70,000 SF and 453 linear feet of prime, wide-bay water frontage.
Lindemann, an avid contemporary art collector, purchased the property in 2000 and enlisted German architect Annabelle Selldorf to refresh the property. Originally listed in March 2009 for $29,900,750, a sale price of $19.8M doesn’t break any PPSF records, BUT puts it right up there with Star Island estates, which sell for $1,700 to $2,400 PSF.
In 2008, Lindemann’s parents sold their home in Palm Beach for $68.5M.
Related Reading:
- Miami Beach Real Estate: Mid-Year Luxury Waterfront Stats
- Miami Beach Real Estate: Lenny Kravitz Lists Home; Prominent Sunset Island Estate Listed for $29,900,750
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