UPDATED, April 2, 6 p.m.: Nutrition power couple Roger and Sloan Barnett are the buyers of a Star Island mansion in Miami Beach that sold last month for $38 million, The Real Deal has learned.
Roger Barnett is CEO of Shaklee Corp., a Pleasanton, California-based nutrition and green cleaning products company, and is the founder of Beauty.com, one of the first internet cosmetics retailers. He is a son of Victor Barnett, former chairman of Burberry, and a member of the Wolfson family.
Sloan Barnett, the daughter of late billionaire businessman George Lindemann, is a lawyer and journalist who has authored books on nutrition.
The couple, of San Francisco, acquired 46 Star Island Drive, sources told TRD. Property records show a hidden Delaware LLC bought the property. The Realtor.com listing shows it sold for $39 million, a price that likely includes furnishings.
Their purchase comes months after they also paid $17.4 million for a unit at Palazzo Della Luna on Fisher Island.
Rally Manufacturing founder Marco Iacovelli sold the 18,400-square-foot, 10-bedroom house on Star Island, after initially listing it four years ago for $65 million. It was most recently asking $42 million with Dora Puig of Luxe Living Realty. Jill Hertzberg of The Jills Zeder Group at Coldwell Banker represented the buyers, according to Realtor.com. Puig could not be reached for comment. Hertzberg declined to comment, citing a confidentiality agreement, but disputed that the Barnetts were the buyers.
The mansion was built in the early 1920s by Carl Fisher and features more than 40 rooms, 255 feet of frontage on Biscayne Bay, two private docks, a boat lift, an outdoor swimming pool and cabana. It also includes two separate staff living areas, with living rooms and kitchens.
Property records show Iacovelli paid about $1.83 million for the 1.4-acre estate in 1987. It was originally developed as the Star Island Yacht Club.
Miami Beach’s Star Island was the center of attention this past summer when a number of high-profile buyers were circling the island.
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Billionaire hedge fund manager Ken Griffin has spent the most money on the exclusive island in recent years, paying a combined $95 million on properties. More recently, an entity linked to the Citadel founder paid $25 million for 10 Star Island Drive.