{"id":343260,"date":"2026-07-17T09:55:28","date_gmt":"2026-07-17T09:55:28","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/343260\/"},"modified":"2026-07-17T09:55:28","modified_gmt":"2026-07-17T09:55:28","slug":"diddys-miami-star-island-property-sells-for-55-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/343260\/","title":{"rendered":"Diddy’s Miami Star Island Property Sells for $55 Million"},"content":{"rendered":"

Sean “Diddy” Combs<\/a> has sold his waterfront Star Island estate for $55 million in an off-market deal while he serves his sentence in a federal prison in New Jersey.<\/p>\n

The transaction saw Combs’ entity, 1 West Star Island LLC, transfer the bayfront estate at 1 Star Island Drive to buyer JFStar LLC, a move first reported by The Real Deal<\/a> and later confirmed by TMZ<\/a>.<\/p>\n

Real estate company JFStar LLC financed the purchase with an $18.5 million mortgage from Axos Bank.<\/p>\n

The sale price represents a $20 million gain over the $35 million Combs paid for the property in 2021 when he bought it from Gloria Estefan and her husband, Emilio Estefan<\/a>.<\/p>\n

According to The Real Deal, the estate sits on a \u201c1.3-acre bayfront lot with 240 feet of water frontage.\u201d The nearly 8,000-square-foot complex, originally built in 1940 and later expanded in 1995, features a two-story main home, a guesthouse, a resort-style pool, a spa, and a private dock.<\/p>\n

The sold property is separate from Combs’ main estate next door at 2 Star Island Drive, which he still owns according to The Real Deal. It was his 2 Star Island Drive property that federal agents raided<\/a> in March 2024.<\/p>\n

A year ago, a federal jury acquitted Combs of racketeering conspiracy and sex trafficking but convicted him on two counts<\/a> under the Mann Act for transporting people across state lines for prostitution.<\/p>\n

Diddy, 56, is currently serving his 50-month sentence at FCI Fort Dix<\/a>, a low-security federal prison in New Jersey, with a projected release date of February 23, 2028. <\/p>\n","protected":false},"excerpt":{"rendered":"Sean “Diddy” Combs has sold his waterfront Star Island estate for $55 million in an off-market deal while…\n","protected":false},"author":2,"featured_media":343261,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[123,125,124],"class_list":["post-343260","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-miami","tag-miami-headlines","tag-miami-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/343260","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=343260"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/343260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/343261"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=343260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=343260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=343260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}