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Sergey Brin Of Google Purchases Oceanfront Home From Michael Burke Of LVMH Americas For $50M

Property Image
SOLD
$50,000,000

Florida

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Single Family10,000 SF
Sold 02/03/2026
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Property Image
SOLD

Sergey Brin Of Google Purchases Oceanfront Home From Michael Burke Of LVMH Americas For $50M

Single Family10,000 SF
Sold 02/03/2026
the dealplayerscompscontact
Contact now

Summary

Asset Type:Single Family
Price Per Square Foot:$5,000
Total Square Footage:10,000 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located on Allison Road in Miami Beach. The asset has a sale price of $50,000,000 and spans approximately 10,000 square feet. It features 200 feet of ocean frontage on nearly an acre of land.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $50,000,000
  • Address: Allison Road
  • Market: Miami Beach
  • Square Footage: 10,000
  • Price Per Square Foot: $5,000
  • Buyer: Sergey Brin - Google
  • Seller: Michael Burke - LVMH Americas

In this transaction, Sergey Brin, a co-founder of Google, is acquiring the oceanfront home from Michael Burke, the CEO of LVMH Americas. Notably, the purchased property won't be able to accommodate Brin's 466-foot megayacht, Dragonfly.

Players

SB
Google
Sergey Brin
5 deals$155.5M volume
BUYER
Google
Google
BUYER
L
LVMH
SELLER

Details

SOLD
IMAGE: Sergey Brin & Michael Burke DATE: 02/03/2026 ADDRESS: Allison Road MARKET: Miami Beach ASSET TYPE: Single Family BUYER: Sergey Brin - Google (@Google) SELLER: Michael Burke - LVMH Americas SALE PRICE: $50,000,000 SF: 10,000 ~ PPSF: $5,000 NOTE: Google co-founder Sergey Brin is buying a $50M oceanfront home on Miami Beach’s Allison Island, a nearly 10,000 SF property with 200 feet of ocean frontage on just under an acre. The purchase won’t accommodate his 466-foot megayacht Dragonfly, and the seller was LVMH Americas CEO Michael Burke.

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

$2,666,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$177,639.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$237,025.51
Annual Debt Service$2,844,306.11