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Former BuzzFeed chairman sells Miami mansion for $25million in an off-market deal after buying the land for $7million in 2014, demolishing the existing residence and building an eight-bedroom house
Kenneth Lerer, who is also the co-founder of The Huffington Post, was approached by a real-estate agent whose client was moving to the area
The property is located on the Venetian Islands, a chain of man-made islands in Biscayne Bay
The luxurious mansion is 10,770-square-foot and has eight bedrooms, high ceilings and a rooftop terrace
Florinda “Flory” Padrón and 1335 North Venetian Way (Google Maps, Instagram/Padron)
Florinda Padrón, the widow of late cigar mogul José O. Padrón, sold her waterfront Venetian Islands home for $6.1 million.
Records show Padrón sold the house at 1335 North Venetian Way in Miami Beach to 9 Kings Capital LLC, a Delaware corporation. The address listed for the buying entity leads to Redbadge, a venture capital and private equity firm with offices in New York City and King of Prussia, Pennsylvania.
José Padrón founded Miami-based Padrón Cigars 1964. He died in 2017.
The Padróns purchased the 5,114-square-foot home in 1984 for $230,000, records show. The house was built in 1950. Property records show a dock and boatlift were added in 2009, and the kitchen underwent a renovation in 2013.
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