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43 East Star Island Drive

Russell Weiner Purchases Waterfront Mansion At 43 Star Island Drive For $35.3 Million With Liz Hogan As The Broker
SOLDSingle Family

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

Liz Hogan

Compass

Broker

$537.9M

vol

35 deals

Broker
Compass
CompassBrokerage

Russell Weiner

Buyer

$214.2M

vol

8 deals

Buyer

Miami Beach Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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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