Ken Griffin buys Miami compound for $106.9 million, a new record

Abstract

Last year, he set the previous all-time high when he dropped $75 million on a home on Star Island, a man-made island in Biscayne Bay. This one sits a few miles away in Coconut Grove, an affluent enclave where celebrities such as LeBron James and Sylvester Stallone have owned homes. The seller is Adrienne Arsht, a businesswoman and philanthropist. She made a hefty profit. She paid $4 million for the property in 1996. The compound includes two homes. It boasts five bedrooms, five bathrooms, a tennis court and two garages. In 2019, the compound also includes a guesthouse, tennis court, two garage, and a swimming pool and a private dock.

Ken Griffin buys Miami compound for $106.9 million, a new record

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Ken Griffin buys Miami compound for $106.9 million, a new record

latimes latimes | 1 year ago

Hedge-fund billionaire Ken Griffin has shattered the Miami price record, shelling out $106.875 million for a waterfront estate. It’s the most ever paid for a home in Miami-Dade County, and records show Griffin stole the record from himself. Last year, he set the previous all-time high when he dropped $75 million on a home on Star Island, a man-made island in Biscayne Bay. This one sits a few miles away in Coconut Grove, an affluent enclave where celebrities such as LeBron James and Sylvester S...

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