OWNERS: Gloria and Emilio Estefan
LOCATION: Miami Beach, FL
PRICE: $30,000 per month
SIZE: 4,500 square feet, 3 bedrooms, 3 bathrooms
YOUR MAMAS NOTES: Oddly enough, Your Mama first heard it over the weekend from an anonymous tipster that 50-something year old Cuban-born crossover pop star Gloria Estefan put the guest house of a waterfront compound she owns on Miami Beach’s swanky Star Island enclave up for lease at $30,000 per month but it seems the ever-assiduous folk at celebrity gossip juggernaut TMZ got to it first. These things happen. Anyways…
Property records Your Mama peeped indicate the property last changed hands in late 1993 for $1,840,000. The current owner, a mysteriously named corporate entity can be linked to seven-time Grammy winner Miz Estefan, her 19-time Grammy winning music producer husband, Emilio, and Frank Amadeo, the president of the Miami Beach-based Estefan Enterprises.
Current digital marketing materials (and property records) show the gated guest house sits on a 1.339 acre waterfront parcel and has three bedrooms and 3 bathrooms in about 4,500 square feet. Listing details go on to indicate the “tastefully decorated Floridian villa” includes an eat-in kitchen, a second floor loft, and plenty of closet space as well as a private entrance (from the main house) and a spa encircled by a foliage enshrouded trellis structure.
Your Mama found evidence online that the entire estate—the guest house and the 5 bedroom main house—were recently available as a furnished lease at $75,000 per month and, as recently as late May (2013), the property was available for lease at $7,500 per night with a three night minimum.
This property is not, children, where Mister and Missus Estefan actually live. Their larger and more Mediterranean-style compound-like residence is located half a dozen mansions away. Pill-shaped and guard-gated Star Island has long attracted celebrities and other high profile people. Cuban-born money man Paul Cejas—a former ambassador to Belgium—owns one of the smaller Star Island estates and, at more than 6 manicured acres, the largest is owned by pharmaceutical tycoon Phillip Frost.
Russian vodka mogul Roustam Tariko spent more than $25 million for his 9 bedroom and 11 bathroom Star Island mansion in 2011 and in 2009 Shaquille O’Neal’s former mansion was purchased for $16 million by (hunky) Russian billionaire Vladislav Doronin who’s reportedly spent more than twenty million bucks remodeling and reworking the entire property. (He’s the former man-friend of Naomi Campbell who—ouch!—now dates a much younger Chinese model who Miz Campbell mentored on her model-search show The Face.)
Puff Father or Fiddle Diddle or whatever name Sean Combs goes by nowadays still owns the Star Island spread he picked up back in 1999 while Rosie O’Donnell recently unloaded her estate for $16.5 million to real estate investors David and Linda Frankel. (She’s Diane Sawyer’s sister).
The so-called housewives of The Real Housewives… reality franchise have a long history with Star Island as well. The gals from Atlanta once spent a melodramatic weekend at the estate of idiosyncratic German-born real estate developer Thomas Kramer and two of the high-maintenance ladies from the Miami version of the show now own homes on Star Island. In May 2011, Gala-throwing Lea Black and her attorney hubby, Roy, paid $7,107,000 for their estate that once belonged to Tommy Mottola and, in October 2012, cosmetic surgeon Lenny Hochstein and his artificially enhanced wife, Lisa, bought their all but decrepit Star Island mansion and have ever since been locked in a fevered and bitter battle with preservationists who are adamantly opposed to the Hochstein’s plan to knock down and replace the existing mansion with a brand new and exceptionally lavish mansion.
listing photos: Southone Realty Services via Point 2