Star Island Homes in Miami Beach
The Star Island neighborhood is an iconic and highly prestigious residential enclave located in Miami Beach, Florida. Situated on a man-made island in Biscayne Bay, Star Island is known for its luxurious homes, exclusive atmosphere, and breathtaking waterfront views. Star Island is home to some of the most magnificent and opulent estates in Miami Beach. The neighborhood showcases a range of architectural styles, from Mediterranean-inspired mansions to contemporary designs, all boasting exquisite craftsmanship and luxurious amenities. Star Island homes are owned by affluent individuals, celebrities, and high-profile figures, adding to the neighborhood's allure and exclusivity.
Premier Star Island Home Listings
Welcome to Miami's most remarkable Star Island homes for sale. Miami’s Star Island is among the nation’s most expensive neighborhoods, with the average price of an estate home at $40.2M. Due to the exclusivity and seclusion of the island, it is extremely private, with celebrities and UHNW individuals preferring this enclave. Here you may explore the most desirable waterfront Star Island estate homes available today. Easily 'Save Search' for new matching Star Island home listings sent direct via email.
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The Star Island Community
Living on Star Island offers residents a secluded and private lifestyle. The island is accessed via a guarded bridge, ensuring a secure environment for its residents. With limited access points and round-the-clock security, residents can enjoy the utmost privacy and tranquility away from the public eye. One of the standout features of Star Island is its prime waterfront location. The homes on Star Island offer stunning views of Biscayne Bay and the Miami skyline. Most properties have private docks, allowing residents to easily access the bay for boating, yachting, and water sports. In addition to its beautiful surroundings, Star Island also offers its famous residents high security and privacy. A 24/7 security team patrols the island and features a guarded entrance to ensure that only authorized individuals are allowed on the island.
While Star Island offers a serene and secluded retreat, it is conveniently located just minutes away from the vibrant attractions of South Beach. Residents have easy access to world-class dining, upscale shopping, cultural venues, and the pristine beaches that make the area a popular destination. Additionally, the neighborhood is close to renowned golf courses, top-rated schools, and exclusive country clubs. Star Island's premier community is an exclusive and prestigious enclave that offers a luxurious waterfront living experience in Miami Beach. With its grand estates, idyllic setting, and unparalleled privacy, Star Island remains one of the most desirable addresses in the city. It represents the epitome of luxury living, attracting discerning individuals seeking the finest in coastal living and enjoying the utmost privacy and exclusivity.
Who Lives On Star Island?
The security is unsurprising, considering that many of Miami's wealthiest residents & celebrities live on Star Island. Celebrities are drawn to Star Island because it offers a luxurious and private lifestyle with stunning views of the Miami skyline and Biscayne Bay. In the past, the island has been home to several high-profile celebrities and businesspeople, including Shaquille O'Neal, Gloria Estefan, Sean "Diddy" Combs, Rosie O'Donnell, have owned an estate on Star Island. Star Island is home to a prestigious array of celebrities, entrepreneurs, and moguls.
Here's a glimpse into some of its current residents:
- Gloria and Emilio Estefan: The iconic Cuban-American power couple preside over a magnificent three-story compound spanning 21,011 square feet, valued at $43,874,455 according to Miami-Dade County Property Appraiser’s website.
- Diddy: The renowned rap mogul owns two properties on Star Island, including 1 Star Island Drive, purchased from the Estefans for $35 million in 2021, and 2 Star Island Drive, a lavish estate boasting nine bedrooms and 12 bathrooms with a market value nearing $36 million.
- Rick Ross: The celebrated rapper-turned-businessman resides in a lavish two-story mansion covering 9,747 square feet, acquired for approximately $35 million last year. With seven bedrooms and eight bathrooms, this property epitomizes luxury living.
- Phillip and Patricia Frost: Esteemed healthcare investor Phillip Frost, along with his wife Patricia, are renowned philanthropists with a sprawling three-story mansion spanning 31,270 square feet, situated on the largest lot in the enclave (268,512 square feet). Valued at an astounding $142,507,045, their home reflects their commitment to philanthropy and community.
- Ken Griffin: The hedge fund billionaire and Citadel founder has made significant investments in Star Island, amassing 6.5 acres of land in the neighborhood. Griffin owns an impressive seven addresses on Star Island, solidifying his status as one of its most prominent residents.
Star Island's Celebrity Owners
A handful of owners on the island sold their properties shortly after the pandemic began as the luxury market boomed. From music moguls to business tycoons, Star Island continues to attract the crème de la crème of society, offering unparalleled luxury and exclusivity in the heart of Miami Beach. New owners include billionaire hedge funder Ken Griffin, who began acquiring Star Island land in 2020. He sold the lot at 14 Star Island Drive to former baseball star turned real estate investor Alex Rodriguez, who sold the land back to Griffin for $45M in 2023. The latest deal with Rodriguez gives Griffin nearly 6.5 acres of contiguous land on Star Island.
Gloria and Emilio Estefan, Sean Combs, Lennar Corporation Executive Chairman and co-CEO Stuart Miller, billionaire LoanDepot founder and CEO Anthony Hsieh, and plastic surgeon Leonard Hochstein, also known as the “Boob God,” all own homes on the gated island. Here in Miami, it's not so much about who has the largest yachts, but who has the largest lots.
- 37 Star Island - In 2023, Rick Ross purchased 37 Star Island Drive for $35m.
- 27 Star Island - Dentek founder John Jansheski’s sale of his estate at 27 Star Island Drive for $57M in 2023.
- 4, 5 & 6 Star Island - Lennar Corporation Executive Chairman Stuart Miller is building his waterfront mega mansion planned for the 2.8-acre assemblage at 4, 5, and 6 Star Island Drive.
- 8, 9, 10, 11, 12, 13 & 14 Star Island - located on the west side of Star Island by Ken Griffin. Griffin also acquired the Adrienne Arsht’s estate in Coconut Grove for $107M in 2022, where he proposed moving a historic structure off the property.
- 34 Star Island - Billionaire Anthony Hsieh, the founder and ousted executive chairman of LoanDepot, paid $30m for the waterfront mansion at 34 Star Island Drive.
The island's proximity to Miami allows celebrities to easily access the city's nightlife and entertainment scene while enjoying a private and secluded retreat. Star Island Estates offers the perfect combination of luxury, privacy, and convenience, making it a highly sought-after destination for celebrities looking to escape the public eye and enjoy a life of opulence.
The History of Star Island
Star Island was conceived as part of Carl Fisher’s dream city of Miami Beach extending into Biscayne Bay. In 1922, the U.S. Army Corps of Engineers finished dredging sand from the bay to build up the mangrove swamps for an artificial island. The first Miami Beach real estate boom helped make Star Island a playground for the super-rich, originally hosting 40 magnificent homes on waterfront lots of more than an acre, all with amazing vistas. Star Island’s only two streets are separated by a park-like median lined with royal palms and banyan trees. Estate homes tend to be hidden behind high walls or hedges with impressive gates marking their entrances. The gated Island with the most exclusive addresses in Miami Beach now has 34 spectacular homes, some occupying double or triple lots.
Star, Palm & Hibiscus Islands
Palm Island’s enduring claim to fame dates back to 1928 when notorious gangster Al Capone moved into the Palm Island mansion, which was built by Clarence Busch of Busch Beer fame in 1922. The Capone estate saw many extravagant, lively, and celebrity-rich parties in the midst of Prohibition. Gambling and bootlegging also livened up the Palm Island Club, the scene of many police raids in 1930. Capone’s criminal career ended in 1931 when he was convicted of income tax evasion and Prohibition law infractions. After serving more than seven years in prison, Capone headed to his Palm Island estate with his wife and lived there until he died in 1947. The Palm Island Club eventually closed.
The Latin Quarter on Palm Island Drive became world-famous as the hottest address in American nightlife from the 1940s to the 1960s. The nightclub, owned by Lou Walters, father of broadcasting and journalism legend Barbara Walters, attracted the top entertainers of the period, including Frank Sinatra, Tony Bennett, Dean Martin, and Jerry Lewis. Taking its cue from the Moulin Rouge in Paris, the Latin Quarter featured the world’s best and most beautiful chorus girls performing several dazzling floor shows a night for winter visitors. Eventually, Walters’ productions and Miami Beach’s nightlife moved to the new hotels on Collins Avenue. The Latin Quarter closed, and Palm Island Park took its place when it burned down some years later.
The Ford family built a winter home on Palm Island in the 1930s to escape the Midwestern chill. Frank Sinatra occupied a house there while filming Guys and Dolls, and Nicaraguan dictator Somoza was forced to abandon his island estate after only five days. These days, Palm Island is more sedate.
Premier Star Island Real Estate
Star Island Homes stand among the most unique waterfront architecture with gorgeous design and with Biscayne Bay water views. Star Island estate homes for sale offer prestigous Miami Beach real estate with select estate homes right on the open water. You've located today's best waterfront real estate here, with Star Island estates included in our Miami MLS database of premier properties. Be sure to inquire about off-market and coming soon listings but also preview the Star Island Market Report or click to request a Star Island Home Valuation.
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