Richard Schulze, the billionaire founder of Best Buy, is linked to the $27 million purchase of a waterfront spec home on Miami Beach’s Venetian Islands.
Records show Miami Maison Holdings Trust, managed by Kevin Bergman, bought the house at 220 West Dilido Drive from an LLC named for the address and managed by Nicolas Chambon.
Mariano Niro with Serhant had the listing, and Daniel Hertzberg with Coldwell Banker Realty brought the buyer.
Bergman is president of Olympus Ventures, the family office and investment firm of Schulze. Schulze founded the chain of stores that would eventually become Best Buy in 1966. He stepped down as chairman in 2012. His net worth is $4.3 billion, according to Forbes.
Schulze has long ties to Florida. He previously owned a home in Bonita Springs, which he sold in 2020 for nearly $5 million, Naples Daily News reported.
Chambon is a French commercial real estate investor and a partner in two locations of Galeries Lafayette, one of Europe’s biggest and most famous department stores.
He bought the 0.3-acre West Dilido Drive property for $5.9 million in 2018, records show. He completed the waterfront 6,500-square-foot house last year. It has five bedrooms, five bathrooms, one half-bathroom, a pool and a dock, according to property records. Chambon tapped Strang Design to design the home, the listing shows.
Chambon listed it for $33 million in November, according to Zillow. The sale equates to a $6 million discount.
It marks the latest pricey sale on Miami Beach’s Venetian Islands. In July, tech moguls Tom and Patricia Kennedy sold their waterfront Venetian Islands mansion for a record $46 million.
In March, venture capital mogul Amit Raizada sold a waterfront spec home for $19.2 million. In February, Progressive insurance heir Daniel Lewis sold a waterfront spec home for $19.5 million.
