A company led by iconic fashion designer Tommy Hilfiger and his wife, Dee Hilfiger , sold an oceanfront mansion in Golden Beach for $24 million.
Villa Deniz LLC, which was connected to Hilfiger when he first listed this home for sale in 2017, sold the 14,075-square-foot home at 605 Ocean Blvd. to 605 Ocean Blvd. LLC, managed by Grant Cardone , the head of Aventura-based Cardone Capital and the author of the 10X series of business books.
The price equated to $1,705 per square foot.
It last traded for $17.25 million in 2013, so it sold for a gain amid the surge in deals for luxury homes in South Florida.
Built in 2007, the mansion sits on a 27,500-square-foot lot and features an infinity pool along a private beach. It has seven bedrooms, eight bathrooms, and four half bathrooms, plus an elevator, a black marble staircase, scratch-and-sniff fruit wallpaper on some bathroom walls, and a private office with the blue and red Hilfiger brand colors.
Hilfiger still has roots in South Florida. In March, he used Villa Deniz LLC to buy a Palm Beach mansion for $9 million.
Meanwhile, this home deal continues a busy year for Cardone. Cardone Capital launched a crowdfunding campaign to raise equity for commercial real estate purchases. That’s resulted in numerous apartment acquisitions.
Sign up here for the Business Journal’s free morning and afternoon daily newsletters to receive the latest business news impacting South Florida. For more business intelligence, follow us on LinkedIn , Facebook , Twitter and Instagram.
South Florida’s Wealthiest ZIP Codes
Ranked by Median household income Rank ZIP Code Median household income 1 33109 $200,577 2 33158 $170,673 3 33149 $151,190 View This List
