Russell Weiner Purchases Waterfront Mansion At 43 Star Island Drive For $35.3 Million With Liz Hogan As The Broker
43 East Star Island Drive
$35,300,000
$3,179/SF
Building Size
11,104 SF
Asset Type
Single Family
Closing
Aug 22, 2025
AI
A single-family mansion located at 43 Star Island Drive in Miami Beach has been sold for $35,300,000. The estate, encompassing 11,104 square feet, sits on 1.1 acres of waterfront property.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $35,300,000
- Square Footage: 11,104
- Price Per Square Foot: $3,179
- Address: 43 Star Island Drive
- Market: Miami Beach
- Buyer: Russell Weiner
- Broker: Liz Hogan - Compass
Russell Weiner, the founder of Rockstar energy drinks, acquired this property from the family of the late Dr. David Frankel. Weiner is planning to expand and renovate the estate with Keith Menin, with intentions to relist it for over $100,000,000 once the improvements are completed.
Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93