Published by The Real Deal South Florida, February 9, 2021
Ryan Hudson, Cofounder of the discount and Coupon App, Honey, paid $15,250,000 for a Waterfront home on the Venetian Islands in Miami Beach on February 2, 2021. The home, which sits on a 10,500-square-foot lot, has four bedrooms and four-and-a-half bathrooms, a pool, 60 feet of water frontage and a dock with a boat lift. It was designed by Strang Design and has Solar Panels.
Karim Masri, managing general partner of KNR Nightlife Group and KNR Hospitality Group, sold the house at 508 West Dilido Drive in Miami Beach to Hudson, property records show.
Hudson co-founded Los Angeles-based Honey browser extension app in 2012, and the company has offices in Boulder, New York, London, Santa Barbara and Sydney. PayPal bought Honey for $4 billion in 2019.
Dora Puig of Luxe Living Realty represented Masri, and Betsy Madge with Compass represented Hudson.
Last year, PayPal co-founder Peter Thiel bought two mansions on the Venetian Islands for $18 million.
Recent Venetian Islands closings include a Canadian financier’s $15.5 million sale of his waterfront mansion. A company linked to homebuilder AquaBlue Group’s owner Philippe Harari also bought a teardown for $11.8 million.