3339 Sunset LLC Purchases Miami Beach Single Family Home From Frank Toskan For $31.99M

The transaction involves two adjacent properties located at 1833 and 1839 West 24th Street in Miami Beach. The total sale price for the properties was $31,999,999. The asset comprises a 6,700-square-foot three-bedroom home and a 4,200-square-foot five-bedroom home, both equipped with pools and docks. The entire assemblage sits on a 0.6-acre lot in an ultra-luxury market characterized by rising cash-funded sales exceeding $30 million.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $31,999,999
• Address: 1833 & 1839 West 24th Street
• Market: Miami Beach
• Square Footage: 11,469
• Price Per Square Foot: $2,790
• Buyer: Frank Toskan
• Seller: 3339 Sunset LLC
• Broker: Annie de la Rosa - Douglas Elliman

Frank Toskan, a notable beauty mogul, was the buyer in this transaction, acquiring the properties from 3339 Sunset LLC. The deal reflects a significant appreciation in value since Toskan's purchase in 2021, where he acquired the properties for $20.3 million.