{"id":553483,"date":"2026-07-16T23:05:17","date_gmt":"2026-07-16T23:05:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/553483\/"},"modified":"2026-07-16T23:05:17","modified_gmt":"2026-07-16T23:05:17","slug":"sean-diddy-combs-sells-his-star-island-estate-for-55-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/553483\/","title":{"rendered":"Sean &#8216;Diddy&#8217; Combs Sells His Star Island Estate For $55 Million"},"content":{"rendered":"<p><a href=\"https:\/\/www.therichest.com\/celebnetworth\/celeb\/rappers\/sean-combs-net-worth\/\" target=\"_blank\" rel=\"nofollow noopener\">Sean &#8220;Diddy&#8221; Combs<\/a> has offloaded his waterfront Star Island estate for $55 million while serving time at FCI Fort Dix in New Jersey. The off-market deal, first reported by The Real Deal and later confirmed by TMZ, closed on July 14, 2026.<\/p>\n<p>The deal transferred the bayfront property at 1 Star Island Drive from Combs&#8217; corporate entity, 1 West Star Island LLC, to buyer JFStar LLC. Combs walked away from the deal $20 million richer than what he first paid for the estate half a decade ago.<\/p>\n<p>                                                                                                                            <a href=\"https:\/\/www.therichest.com\/sean-diddy-combs-prison-release-date-moved-forward\/\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                        <img width=\"440\" height=\"248\" loading=\"lazy\" decoding=\"async\" alt=\"Sean Diddy Combs Prison Release Date Moved Forward\" data-img-url=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/sean-diddy-combs-prison-release-date-moved-forward.jpg\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/sean-diddy-combs-prison-release-date-moved-forward.jpg\"\/><\/p>\n<p>                    <\/a><\/p>\n<p>                    Related<\/p>\n<p>\t\t<a href=\"https:\/\/www.therichest.com\/sean-diddy-combs-prison-release-date-moved-forward\/\" title=\"Sean &quot;Diddy&quot; Combs Prison Release Date Moved Forward\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t\tSean &#8220;Diddy&#8221; Combs Prison Release Date Moved Forward<br \/>\n\t\t<\/a><\/p>\n<p class=\"display-card-excerpt\">Sean &#8220;Diddy&#8221; Combs has an revised projected prison release of April 2028 in Bureau of Prisons records, as officials applied earned time credits.<\/p>\n<p>                        The Sale And The Property<\/p>\n<p>        <img width=\"825\" height=\"413\" loading=\"lazy\" decoding=\"async\" alt=\"The Sale And The Property\" data-img-url=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/the-sale-and-the-property.jpg\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/the-sale-and-the-property.jpg\"\/><br \/>\n        Via Shutterstock<\/p>\n<p> JFStar LLC, a Newport News-based real estate holding company led by Virginia Beach executive John A. Franklin, acquired the <a href=\"https:\/\/www.tmz.com\/2026\/07\/15\/diddy-sells-star-island-home\/\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">property through an $18.5 million<\/a> mortgage from San Diego-based Axos Bank.<\/p>\n<p>Combs reportedly paid $35 million for the estate in 2021, when he purchased it from Gloria Estefan and her husband, Emilio Estefan, which was $20 million less than the $55 million the property eventually sold for.<\/p>\n<p>The Real Deal described the estate as sitting on a &#8220;1.3-acre bayfront lot with 240 feet of water frontage.&#8221; Originally constructed in 1940 and expanded in 1995, the <a href=\"https:\/\/www.realtor.com\/news\/celebrity-real-estate\/sean-diddy-combs-sells-miami-star-island-home-bail-sex-trafficking-case\/\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">nearly 8,000-square-foot<\/a> complex features a two-story main home, a guesthouse, a resort-style pool, a spa, and a private dock.<\/p>\n<p>                        Star Island Properties<\/p>\n<p>        <img width=\"825\" height=\"413\" loading=\"lazy\" decoding=\"async\" alt=\"Star Island Properties\" data-img-url=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/star-island-properties.jpg\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/star-island-properties.jpg\"\/><br \/>\n        Via Shutterstock<\/p>\n<p> The property that Franklin purchased at 1 Star Island Drive is not the same estate <a href=\"https:\/\/www.reuters.com\/world\/us\/sean-diddy-combs-properties-la-miami-raided-by-federal-agents-2024-03-25\/\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">that federal agents raided<\/a> in March 2024. The raid targeted Combs&#8217; separate neighboring property at 2 Star Island Drive, which Combs still owns.<\/p>\n<p>The two addresses are adjacent but legally distinct, and the July 2026 transaction involved only the former Estefan estate at 1 Star Island Drive.<\/p>\n<p>                                                                                                                            <a href=\"https:\/\/www.therichest.com\/diddy-receives-half-price-offer-for-his-615-million-freak-off-mansion-in-la\/\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                        <img width=\"440\" height=\"248\" loading=\"lazy\" decoding=\"async\" alt=\"Diddy Receives Half-Price Offer for $61.5 Million 'Freak Off' Mansion in LA\" data-img-url=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/diddy-receives-half-price-offer-for-61-5-million-freak-off-mansion-in-la.jpg\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/diddy-receives-half-price-offer-for-61-5-million-freak-off-mansion-in-la.jpg\"\/><\/p>\n<p>                    <\/a><\/p>\n<p>                    Related<\/p>\n<p>\t\t<a href=\"https:\/\/www.therichest.com\/diddy-receives-half-price-offer-for-his-615-million-freak-off-mansion-in-la\/\" title=\"Diddy Receives Half-Price Offer For His $61.5 Million &#039;Freak Off&#039; Mansion In LA\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t\tDiddy Receives Half-Price Offer For His $61.5 Million &#8216;Freak Off&#8217; Mansion In LA<br \/>\n\t\t<\/a><\/p>\n<p class=\"display-card-excerpt\">Diddy received a half-price offer for his $61.5 million LA mansion from the same buyer who snagged Kanye West\u2019s abandoned Malibu home.<\/p>\n<p>                        Combs&#8217; Criminal Case And Prison Sentence<\/p>\n<p>        <img width=\"825\" height=\"413\" loading=\"lazy\" decoding=\"async\" alt=\"Combs' Criminal Case And Prison Sentence\" data-img-url=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/combs-criminal-case-and-prison-sentence.jpg\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/combs-criminal-case-and-prison-sentence.jpg\"\/><br \/>\n        Via Shutterstock<\/p>\n<p> A federal jury acquitted Combs of racketeering conspiracy and sex trafficking charges but convicted him on two counts under the Mann Act for transporting people across state lines for prostitution.<\/p>\n<p>Combs is currently serving a 50-month sentence at FCI Fort Dix, a low-security federal correctional institution in New Jersey, with a projected <a href=\"https:\/\/www.therichest.com\/sean-diddy-combs-prison-release-date-moved-forward\/\" target=\"_blank\" rel=\"nofollow noopener\">release date of February 23<\/a>, 2028.<\/p>\n","protected":false},"excerpt":{"rendered":"Sean &#8220;Diddy&#8221; Combs has offloaded his waterfront Star Island estate for $55 million while serving time at FCI&hellip;\n","protected":false},"author":2,"featured_media":553484,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[93,61,60,278],"class_list":["post-553483","post","type-post","status-publish","format-standard","has-post-thumbnail","category-music","tag-entertainment","tag-ie","tag-ireland","tag-music"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/553483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=553483"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/553483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/553484"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=553483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=553483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=553483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}