Russell Weiner, the energy drink billionaire, is looking to sell not just one but two luxury properties located in two Florida neighborhoods, says the Wall Street Journal. And for both properties together, the Rockstar energy drink creator is asking for a total of $71.5 million. The first home is situated in the glamorous Miami Beach, priced at $35 million, while the second property is a stunning mansion in Delray Beach, listed for $36.5 million. These two properties are just a glimpse into Weiner's extensive real estate portfolio, as he has been focusing increasingly on investments in both Florida and California.
Weiner acquired the Miami Beach property in 2016 for approximately $20 million. Since then, he has made numerous enhancements, including a new audio system, captivating landscape lighting, a luxurious Jacuzzi, and a state-of-the-art catering kitchen. This expansive residence spans over 9,000 square feet and features six bedrooms, eight bathrooms, a wine cellar, and a swimming pool. For a visual tour of the property, prospective buyers can view a video from ONE Sotheby’s International Realty, showcasing the home prior to Weiner's renovations.
Next on the list is the exquisite Delray Beach mansion, known as "Pelican Estate." Weiner purchased this stunning six-bedroom, eight-bathroom estate in 2009 for $11.6 million. He has incorporated various "smart home" features, making it even more desirable. Currently, the estate is on the market for $36.5 million. The listing describes the property as having been designed with an unmatched architectural vision, located in the most exclusive part of Delray Beach. The estate is completely private, nestled behind dual entry gates, and offers an idyllic atmosphere for luxurious living.
| Detail | Information |
|---|---|
| Name | Russell Weiner |
| Occupation | Energy Drink Billionaire |
| Miami Beach Property Price | $35 million |
| Delray Beach Property Price | $36.5 million |
| Miami Beach Property Size | 9,000+ sq ft |
| Delray Beach Property Size | 18,820 sq ft |
In 2017, Weiner had listed another improved home for $45 million but ultimately withdrew the listing after reducing the price by approximately $9 million. This marks a significant move in Weiner's ongoing real estate ventures, highlighting both the challenges and opportunities present in the luxury property market.
What You Will Learn
- Russell Weiner's extensive real estate investments and his current selling strategy.
- Details about the luxury homes in Miami Beach and Delray Beach, including features and pricing.
- Insights into the real estate market trends that affect high-value properties.
- The impact of renovations and enhancements on property value and marketability.
