Sean Combs Sells Star Island Mansion in Miami for $55 Million Sean "P. Diddy" Combs has sold one of his Star Island estates in Miami for $55 million, marking another significant transaction in the real estate portfolio of the music mogul, who is currently serving a 50-month federal prison sentence for his conviction on two counts of prostitution-related charges. The waterfront mansion, located at 1 Star Island Drive, was purchased by Combs in 2021 for $35 million and has now been sold in an off-market deal. The buyer, John A. Franklin, is financing the purchase through an $18.5 million mortgage from San Diego-based Axos Bank. The 1 Star Island estate is one of two properties Combs owns on Star Island, the other being 2 Star Island Drive, which was raided by Homeland Security as part of a federal investigation into sex trafficking allegations against Combs. While the 2 Star Island property remains in his possession, it was previously a central asset in Combs’ unsuccessful effort to secure pretrial release following his September 2024 arrest on federal sex trafficking charges. The 2 Star Island estate, which Combs acquired in 2003, was also listed as 2 W Star Island Drive in court filings. The 1 Star Island mansion, previously owned by Gloria Estefan and Emilio Estefan, is a six-bedroom, eight-and-a-half-bathroom home situated on over an acre of waterfront property, along with a guest house. According to The Real Deal, the property features luxurious amenities such as a swimming pool, private dock, basketball court, spa, and panoramic views of the Miami skyline. The estate underwent extensive renovations after Combs purchased it.#homeland_security #sean_combs #john_a_franklin #axos_bank #star_island_mansion
