In a notable transaction amid South Florida’s thriving ultra-luxe real estate market, investor Edmond Harbour has acquired a stunning waterfront mansion in Miami Beach’s exclusive Sunset Islands for $26.5 million.
The property, located at 1835 West 27th Street, was purchased through Harbour’s Florida-based entity, Abode 18 LLC, from WPME Miami, another Florida LLC. The true seller’s identity remains undisclosed, with attorney Stuart Grossman facilitating the sale.
The transaction was managed by prominent real estate professionals. Jill Hertzberg and Jill Eber of the Jills Zeder Group at Coldwell Banker Realty handled the listing, while Julian Johnston of the Corcoran Group represented Harbour.
Harbour, who also leads Abode 21 LLC and Metier Capital, has a history of high-value real estate investments in the area. Through Abode 21, he previously purchased another waterfront home on Sunset Islands for $14.1 million in 2022.
The newly acquired mansion on West 27th Street, built in 1956, boasts an impressive 10,000 square feet of living space on a 0.5-acre lot. The home features eight bedrooms, nine bathrooms, and two half-bathrooms. It also offers luxurious amenities, including a pool, sauna, and gym, and spans 154 feet of waterfront. The mansion last changed hands in 2021 for $17.4 million, sold by Venezuelan oil tycoon Gerardo Pantin Shortt.
Initially listed for $29.8 million in January, the property’s sale adds to the list of high-profile transactions on the Sunset Islands. This exclusive cluster of four guard-gated private islands has attracted several notable buyers recently. For instance, former Google CEO and billionaire Eric Schmidt spent a combined $63 million on two adjacent waterfront homes last year, including the $36 million mansion formerly owned by Craig Robins and Jackie Soffer. Additionally, developer Mathieu Massa sold a waterfront home for $32 million in November, and a private equity firm founder acquired a waterfront teardown for $25 million in July.
Harbour’s purchase underscores the continued appeal and dynamism of Miami Beach’s ultra-luxe real estate market, particularly within the coveted Sunset Islands enclave.