{"id":311658,"date":"2026-06-18T11:58:30","date_gmt":"2026-06-18T11:58:30","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/311658\/"},"modified":"2026-06-18T11:58:30","modified_gmt":"2026-06-18T11:58:30","slug":"alan-faena-gets-24m-for-miami-estate-in-an-off-market-sale","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/311658\/","title":{"rendered":"Alan Faena gets $24M for Miami estate in an off-market sale"},"content":{"rendered":"<p>Hotelier and developer <a href=\"https:\/\/nypost.com\/2019\/12\/04\/developer-alan-faena-lists-his-wild-miami-home-for-16m\/\" rel=\"nofollow noopener\" target=\"_blank\">Alan Faena<\/a> has sold his historic Miami waterfront estate for $24 million in an off-market deal.<\/p>\n<p>The buyer is affordable housing developer Andrew Schwartzberg.\u00a0<\/p>\n<p>Exclusive photos of its grand interiors obtained by Gimme Shelter reveal the original, bold style that the Argentine-born, hat-wearing creative has become known for.<\/p>\n<p>And it was all created within the restored confines of a century-old villa.\u00a0<\/p>\n<p>Alan Faena Matteo Prandoni\/BFA.com\/Shutterstock<\/p>\n<p>The living room features large arched windows, water views, and extravagant details from the chandelier to the tiger-print sofa and red leather sofa.  Legendary Production\/Mike Ruiz<\/p>\n<p>The formal dining room features a hand-painted ceiling, arched windows, animal print \u2014 and a table that seats 12 people. Legendary Production\/Mike Ruiz<\/p>\n<p>Faena bought the historic Miami home at 4731 Pine Tree Drive for $10.3 million in 2014, according to property records. The sale was first reported in the Real Deal.<\/p>\n<p>Known as Villa Crono Estate, the Mediterranean Revival mansion, which was Faena\u2019s personal residence, was built in 1927 and sits on just under an acre. <\/p>\n<p>Faena extensively renovated the residence and \u201cbrought it back to life,\u201d a source who toured it said. <\/p>\n<p>The living area features arched and rectancular windows, an elaborate fireplace mantel \u2014 and lots of red Legendary Production\/Mike Ruiz<\/p>\n<p>Even a staircase detail features animal print and a red wall Legendary Production\/Mike Ruiz<\/p>\n<p>A main bedroom features bold art, a sitting area and a fireplace  Legendary Production\/Mike Ruiz<\/p>\n<p>A sunken home office features an organized space with inspiring art, a large desk \u2014 and animal print, of course.  Legendary Production\/Mike Ruiz<\/p>\n<p>The villa is now filled with lots of Faena-style bold red color, animal prints and rich textures while still retaining original details \u2014 from its fireplaces and arched windows to the woodwork, as well as beamed and hand-painted ceilings, and terrazzo floors.<\/p>\n<p>The residence is a compound that includes a grand courtyard, a five-bedroom main house and a four-bedroom guest house \u2014 together totaling 10,057 square feet \u2014 plus a resort-style pool and a dock.\u00a0<\/p>\n<p>The main house opens to a foyer, while a grand salon overlooking Indian Creek canal with a \u201cglimpse\u201d of the ocean adjoins a second living room, formal dining room and a chef\u2019s kitchen.<\/p>\n<p>There\u2019s also a master suite plus four additional ensuite bedrooms.\u00a0<\/p>\n<p>A sunlit open chef\u2019s kitchen with adjacent dining room within the compound Legendary Production\/Mike Ruiz<\/p>\n<p>The charming four-bedroom guest house comes with a gym and a steam room. Original details include high ceilings and fireplaces. <\/p>\n<p>The main bedroom suite boasts water views. The compound comes with multiple terraces and outdoor entertaining areas for maximizing an indoor-outdoor lifestyle.<\/p>\n<p>All of the living spaces were designed by Faena, with lush, tropical landscaping outside.\u00a0<\/p>\n<p>The buyers\u2019 brokers were Jennifer Raines Peltz, and Jordan Karp, of Jordan Karp LLC and Meredith Verona of Corcoran.\u00a0Karp represented Faena in the deal.<\/p>\n","protected":false},"excerpt":{"rendered":"Hotelier and developer Alan Faena has sold his historic Miami waterfront estate for $24 million in an off-market&hellip;\n","protected":false},"author":2,"featured_media":311659,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[12980,803,123,125,124,480,804],"class_list":["post-311658","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-gimme-shelter","tag-luxury-real-estate","tag-miami","tag-miami-headlines","tag-miami-news","tag-real-estate","tag-residential-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/311658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=311658"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/311658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/311659"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=311658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=311658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=311658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}