The Estefan couple added $ 35 million to their fortune after managing to sell one of their luxurious properties located in Star Island, Florida, which was initially acquired by the couple for a value of $ 1.84 million
A mansion, owned by Gloria and Emilio Estefan , located on exclusive Star Island, in Miami, Florida, was sold for $ 35 million.
The home, about 8,000 square feet and purchased by the couple in 1993 for a value of $ 1.84 million, was built in 1940.
It has panoramic views, a resort-style pool, a spa, six bedrooms and ten bathrooms, and was used to entertain her guests.
The property entered the real estate market in 2016, however, it had not been sold and even Emilio and Gloria considered lowering its price to $ 23 million, without success.
So far it is unknown who was the millionaire buyer who will now enjoy the property considered one of the most luxurious on Star Island.
The Estefan couple have been one of the most iconic residents of the exclusive Star Island neighborhood for almost three decades. This artificial island, which is connected to the mainland only by a road and has little more than three dozen plots, has experienced a rebirth in popularity in recent years thanks in large part to the privacy it offers to its neighbors, because only they or authorized visitors can access its interior.