The residence at 1 Star Island Drive in Miami Beach sold for $55 million on July 14, 2026. The seller was Sean Combs, through 1 West Star Island LLC. The buyer was JFStar LLC, led by John A. Franklin.
Sean Combs sold one of his two Star Island properties, the residence of approximately 8,000 square feet at 1 Star Island Drive, for $55 million on July 14, 2026. The transaction was completed off market while Combs was serving a federal prison sentence. The buyer was JFStar LLC, an entity led by John A. Franklin of Virginia Beach, who financed the purchase with an $18.5 million mortgage from Axos Bank.
Gloria and Emilio Estefan sold Combs the six-bedroom house in 2021 for $35 million. The current price represents appreciation of roughly fifty-seven percent across five years. Combs retains the larger estate immediately adjacent at 2 Star Island Drive.
Star Island holds thirty-four residential parcels within Biscayne Bay, reachable by a single causeway bridge from the MacArthur. Supply at that scale means individual trades set the reference price for the entire island, and a $55 million off-market closing resets it for the current cycle.