Sean Diddy Combs Sells Star Island Miami Beach Mansion Disgraced hip hop mogul Sean “Diddy” Combs, currently serving a federal prison sentence, has sold one of his waterfront properties on Star Island in Miami Beach for $55 million. The transaction involved his 1 West Star Island LLC, which transferred the nearly 8,000-square-foot estate at 1 Star Island Drive to JFStar LLC, a Newport News-based company led by John A. Franklin of Virginia Beach. The sale, which appears to be an off-market deal, was financed with an $18.5 million mortgage from Axos Bank in San Diego. The property, a six-bedroom, eight-and-a-half-bathroom home on a 1.3-acre lot with 240 feet of water frontage, features a pool and spa, a dock, a two-story main house, and a guest house. The complex was originally built in 1940 and expanded in 1995. The mansion was previously owned by music power couple Gloria and Emilio Estefan, who sold it to Combs in 2021. It served as their guest house on Star Island, where they also own a larger estate. Combs still retains ownership of his primary residence on the island, located at 2 Star Island Drive, according to property records. The sale comes amid ongoing legal challenges for Combs, who was found guilty last summer by a federal jury in New York on charges of transportation to engage in prostitution. He is serving a four-year sentence at a low-security prison in New Jersey. Following his trial, part of his legal team joined former broker Oren Alexander’s defense team for his and his brothers’ sex trafficking trial, where the Alexanders were convicted on all charges earlier this year. Star Island, a private enclave with approximately 30 homes, has seen significant turnover in recent years.#sean_diddy_combs #star_island #john_a_franklin #axos_bank #emilio_estefan
