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David Portnoy Leases Fully Furnished Three Bedroom Apartment In Miami Beach For $35,000 Monthly

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Florida

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LEASED

David Portnoy Leases Fully Furnished Three Bedroom Apartment In Miami Beach For $35,000 Monthly

1 Hotel South Beach, Collins Avenue, Miami Beach, FL, USA

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MultiFamily
Leased
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Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Lease

The three-bedroom apartment rental located at @1HomesSB in Miami Beach was leased by David Portnoy, the President of Barstool Sports. The unit is fully furnished and comes with housekeeping and concierge services. The property boasts four pools, 600 linear feet of beachfront, and a spacious fitness center and spa.

Summary of transaction details:

David Portnoy celebrated New Year's Eve at Dave Grutman's Swan Miami, along with Anitta, Tyga, and Meek Mill.

Fun Facts:

  • In May 2020, David Portnoy's net worth was reported to be over $100 million. Multiple sources now estimate his net worth to be over $120 million.
  • In the last month, Barstool Fund, a COVID fundraiser initiated by Portnoy, has raised over $20 million to support 92 small businesses.

Players

Richard Goihman
4 deals$17.2M volume
BROKER

Neal Klotsman
Douglas Elliman
9 deals$39.6M volume
BROKER

Dave Portnoy
7 deals$93.5M volume
BROKER

Dave Portnoy
7 deals$93.5M volume
BROKER

Dave Portnoy
7 deals$93.5M volume
TENANT

Dave Portnoy
7 deals$93.5M volume
TENANT

Details

LEASED
IMAGE: David Portnoy DATE: 01/11/2021 MARKET: Miami Beach ASSET TYPE: Apartment Rental UNIT TYPE: Three Bedroom TENANT: David Portnoy 👑@StoolPresidente of @BarstoolSports BROKERS: Richard Goihman & Neal Klotsman @TheBrokerBoy of @douglaselliman RENT: $35,000 (Monthly) Located at @1HomesSB, the 3-BR is fully furnished and was provided with housekeeping & concierge services. The hotel has four pools, 600 linear feet of beachfront and a massive fitness center and spa. The @StoolPresidente celebrated NYE at @DaveGrutman's 👑@SwanMiami with @Anitta @Tyga and @MeekMill. FUN FACTS: - In May 2020 the media mogul Portnoy tweeted his net worth is over $100M, and now multiple sources say he is worth over $120M. - In only the last month, Portnoy’s COVID fundraiser, @BarstoolFund, raised over $20 million that has gone toward 92 small businesses 🦸‍♂️.

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97