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Floyd Mayweather Jr. Purchases Single Family Home In Miami Beach From Eli Gindi For $22M

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SOLD

Florida

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Single Family23,462 SF
Sold 11/21/2024
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Property Image
SOLD

Floyd Mayweather Jr. Purchases Single Family Home In Miami Beach From Eli Gindi For $22M

1116 Ocean Drive

See Similar Deals
Single Family23,462 SF
Sold 11/21/2024
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$0
Total Square Footage:23,462 SF
Transaction Type:Sale

The property involved in this transaction is a single-family asset located at 1116 Ocean Drive, Miami Beach. The total square footage of the property is 23,462, and it sits on 0.4 acres.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: Not specified
  • Buyer: Floyd Mayweather Jr.
  • Seller: Eli Gindi
  • Broker: Ayal Frist - AlphaTech Real Estate Group

Floyd Mayweather Jr. is acquiring a major stake in Miami Beach's Villa Casa Casuarina, which was formerly known as the Versace Mansion. This acquisition is in partnership with the Nakash family and Eli Gindi. Ayal Frist facilitated the deal, which is a significant addition to Mayweather's real estate portfolio.

Players

Ayal Frist
Stateland Brown
Ayal Frist
2 deals$155M volume
BROKER

Details

SOLD
IMAGE: Ayal Frist, Floyd Mayweather Jr. & Eli Gindi DATE: 11/21/2024 ADDRESS: 1116 Ocean Drive MARKET: Miami Beach ASSET TYPE: Single Family ~ SF: 23,462 ~ ACRES: 0.4 BUYER: Floyd Mayweather Jr. (@FloydMayweather) SELLER: Eli Gindi BROKER: Ayal Frist - AlphaTech Real Estate Group NOTE: Floyd Mayweather Jr. is acquiring a major stake in Miami Beach's Villa Casa Casuarina, formerly the Versace Mansion, in partnership with the Nakash family (hotelier and founder of Jordache Jeans) and Eli Gindi. The deal, brokered by Ayal Frist, marks another noteworthy move in Mayweather's growing commercial real estate portfolio. Recently, Mayweather offloaded his mansion in Coconut Grove for $22 million and made a major investment in New York office landlord 601W Companies' portfolio.

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