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.
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