Published by The Real Deal South Florida, April 19, 2021
Spec home developer and former Formula One race car driver Eddie Irvine sold a waterfront home on the Venetian Islands in Miami Beach, Florida for $17.1 million. Irvine is an active investor and developer on the Venetian Islands. In December Irvine spent $7.6 million on a Venetian Islands home, and in October he bought a Venetian Islands lot for $5.1 million.
Reinis Cirulis, a real estate agent with Sir Realty, signed the deed on behalf of Mega Miami Beach LLC, as an authorized member. Cirulis and Irvine have worked together previously. They sold a nine-bedroom home on the Sunset Islands in October for $16 million.
Mega Miami Beach LLC purchased the Venetian Islands property in 2015 for $4.8 million, records show. In 2018, the corporation demolished a home on the property and began constructing the existing, 5,165-square-foot house. The new home was completed last year. The 2-Story Bayfront home has five bedrooms, seven full bathrooms and two half-bathrooms, located on a 10,500-square-foot lot.
Julian Johnston of The Corcoran Group represented the seller, while Jeri Jenkins of Coldwell Banker Realty and Jean Echemendia of Douglas Elliman represented the buyer, according to Zillow.
Recently on the Venetian Islands, a co-founder of The Huffington Post sold his mansion at 33 East Dilido Drive for $25 million, vitamin mogul Andrew Lessman sold his house at 835 East Dilido Drive for $20.3 million, and restaurateur Myles Chefetz sold his waterfront home at 714 West Dilido Drive for $15.5 million.