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3323 Poinciana Avenue
SOLD

James Star Of Longview Asset Management Acquires Waterfront Lot In Coconut Grove For $18M

3323 Poinciana Avenue

Land
clock iconSold 205 days ago
Stacy Robins
Lourdes Alatriste
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Summary

Sale
FLORIDA
Land

James Star, an investment manager married to a member of the billionaire Crown family, has purchased a waterfront lot in Miami's Coconut Grove for $18 million. The property, located at 3323 Poinciana Avenue, boasts approximately 200 feet of water frontage and covers an area of 0.3 acres. The sale marks a significant increase from its previous sale price two years ago, highlighting the rising property values in Coconut Grove.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $18,000,000
  • Address: 3323 Poinciana Avenue
  • Market: Miami
  • Land Size: 0.3 acres

The seller of the property is developer Sergio Guardazzi, while James Star was represented by his investment firm, Longview Asset Management. Lourdes Alatriste, from Douglas Elliman, acted as the seller's representative in the deal. Stacy Robins, from Stacy Robins Companies, Inc., acted as the broker.

Note: This transaction highlights the strong market demand for waterfront properties in Miami's Coconut Grove area, resulting in significant price appreciation for this particular lot.

Players

  • All

    4

  • Agents

    2

  • Agencies

    2

Stacy Robins's profile picture
Stacy Robins
Stacy Robins Companies-image
President
$109M Sold

Details

Deal Summary
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SOLD
IMAGE: Stacy Robins, James Star & Lourdes Alatriste DATE: 10/19/2023 ADDRESS: 3323 Poinciana Avenue MARKET: Miami ASSET TYPE: Land ~ ACRES: 0.3 BUYER: James Star - Longview Asset Management SELLER: Sergio Guardazzi SELLER'S REP: Lourdes Alatriste (@LourdesAlatriste) - Douglas Elliman BROKER: Stacy Robins (@StacyRobinsCompanies) - Stacy Robins Companies, Inc. SALE PRICE: $18,000,000 NOTE: James Star, an investment manager married to a member of the billionaire Crown family, bought a waterfront lot in Miami's Coconut Grove for $18 million, marking a more than 200% increase from its sale price two years ago. The property with about 200 feet of water frontage was sold by developer Sergio Guardazzi, highlighting rising property values in Coconut Grove.

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Address3323 Poinciana Avenue

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