Flaminglet LLC Acquires Miami Beach Single Family Home For $14.8M

Flaminglet LLC has purchased a single family home located at 2901 Flamingo Drive in Miami Beach. The property, previously owned by Steve Patterson, president and CEO of Related Development, and his wife Carly Patterson, was sold for a total of $14.8 million. The waterfront home was originally purchased by the Pattersons in 2016 for $6.2 million. It spans 6,400 square feet and features six bedrooms, a guest house, a pool, a dock, and 300 feet of waterfront.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $14,800,000
• Square Footage: 6,400
• Price per Square Foot: $2,313
• Address: 2901 Flamingo Drive, Miami Beach
• Market: Miami Beach

Jeri Jenkins of Coldwell Banker Realty represented Flaminglet LLC in the transaction. The buyer is a Delaware entity, and the specific details of the buyer's representation remain unknown. The sale of the property marks a significant transaction in Miami Beach's real estate market.