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

Property Image
SOLD
$35,300,000
Liz Hogan
RW

Florida

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Single Family11,104 SF
Sold
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Property Image
SOLD

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

See Similar Deals
Single Family11,104 SF
Sold
Liz Hogan
RW
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$3179
Total Square Footage:11104 SF
Transaction Type:Sale

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
Liz Hogan
31 deals$511.9M volume(305) 804-9700
BROKER
Compass
Compass
BROKERAGE
RW
Russell Weiner
7 deals$194.7M volume
BUYER

Details

SOLD
IMAGE: Russell Weiner & Liz Hogan DATE: 08/22/2025 ADDRESS: 43 Star Island Drive MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 1.1 BUYER: Russell Weiner BROKER: Liz Hogan (@LizHoganrealtor) - Compass (@Compass) SALE PRICE: $35,300,000 SF: 11,104 ~ PPSF: $3,179 NOTE: Billionaire Russell Weiner, founder of Rockstar energy drinks, paid $35.3M for a waterfront mansion at 43 Star Island Drive in Miami Beach, buying the 11,104-square-foot estate from the late Dr. David Frankel’s family in a Compass-brokered deal. Weiner plans to expand and renovate the property with Keith Menin, aiming to relist it for more than $100M once completed.

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,882,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$125,413.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$167,340.01
Annual Debt Service$2,008,080.11