The waterfront Miami Beach lot once home to Colombian drug lord Pablo Escobar in the 1980s now has a new owner.
Chicken Kitchen founder Christian de Berdouare and his wife, former local news anchor Jennifer Valoppi, sold the 30,000-square-foot property at 5860 North Bay Road to developer Jarrett Posner, founder and chairman of New York City-based BMC Investments, for $10.95 million.
Mirce Curkoski and Albert Justo of One Sotheby’s International Realty represented the sellers, while Brett Harris of Douglas Elliman brought the buyer.
The buyer plans to build a new mansion on the property to live in, Harris said. Todd Michael Glaser is the owner’s representative and Domo Architecture + Design is designing the house.
Harris called it a “special property for a special family,” and one of the best remaining lots