Island Luck CEO Sells Venetian Islands Property for M

Island Luck CEO Sells Venetian Islands Property for $28M


Sebastian Bastian with 830 West Dilido Generate (Google Maps, Fb, Getty)

Bahamian casino magnate Sebastian Bastian sold his waterfront Venetian Islands home in Miami Seashore for $28.3 million.

Data demonstrate Diamond Seafront Team LLC, a Florida entity managed by Bastian, sold the home at 830 West Dilido Travel to a trust named for the address. Miami lawyer Mark S. Meland signed on behalf of the rely on. The real customer is mysterious.

Bastian is CEO of Island Luck, 1 of the Bahamas’ biggest on line casino, lottery and sporting activities reserve lounge. In March, he was named ambassador to the Central American Integration Method on behalf of the Bahamas, in accordance to Eyewitness Information Bahamas.

Chad Carroll and Eli Faitelson of the Carroll Group of Compass experienced the Di Lido Island listing. Jaime Blatt of the Within Network brought the buyer. She declined to comment on the deal.

Bastian acquired the .3-acre residence for $7.8 million in 2019, information demonstrate. He demolished the existing home that year, and commissioned DOMO Architecture + Style and design to attract programs for the practically 6,400-square-foot, five-bedroom, five-rest room, two fifty percent-bathroom household. Building was concluded in 2021, according to property records. The house spans three tales and incorporates a pool and spa, according to the job profile by developer Todd Glaser.

This sale marks a the latest substantial for waterfront costs on the Venetian Islands. The island neighborhood has tested common about the earlier three yrs, with pandemic migration boosting demand from customers and selling prices for luxurious waterfront attributes.

Previous thirty day period, a cybersecurity chief acquired a property for $26 million from homebuilder Barry Brodsky, who purchased the property for $10 million the year prior.

The estate of the late retail mogul who established Topshop offered his Venetian Islands estate for $15 million in an off-sector offer in November.

Also in November, famed crime writer and Pulitzer-successful journalist Edna Buchanan marketed her Venetian Islands household for $12 million.



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