A modern waterfront estate in Miami Beach is testing the power of celebrity appeal in real estate as it searches for a new owner.
Once belonging to rock legend Lenny Kravitz, this 532-square-meter home in the exclusive Biscayne Point community is now on the market for $7.995 million. Kravitz originally purchased the property for $725,000 in 1997 before selling it to the current owners for $2.45 million in 2009, according to property records.
Listing agent Julian Cohen of Coldwell Banker notes that Kravitz’s connection to the home—paired with his reputation in interior design—has attracted significant interest. “People hear Lenny Kravitz lived here, and they just have to see it,” Cohen explains.
Beyond his music, Kravitz’s design firm, Kravitz Design, has left its mark on Miami, with projects like the Paramount Bay condominiums in Edgewater and the former Florida Room at the iconic Delano Hotel in South Beach. While Kravitz Design declined to comment on the listing, a 2011 press release described his vision for Paramount Bay as blending “the natural beauty and energy of Miami into a look that is as functional as it is inspirational.”
The Biscayne Point home embraces that same aesthetic, featuring a Dominican coral deck surrounding the swimming pool, a custom viewing platform, and Calacatta marble finishes throughout. A standout feature is the so-called “sexy” switch, which dims the lights with a single touch, adding to the home’s effortlessly cool atmosphere. The 325-square-meter living room, with floor-to-ceiling windows, offers sweeping views of Biscayne Bay, enhancing the property’s appeal.
While a celebrity name can draw attention, it doesn’t always guarantee a sale. “Once buyers walk in, there has to be substance,” says luxury broker Jill Hertzberg of Coldwell Banker’s The Jills, who has previously handled Miami-area listings with celebrity ties, including another Kravitz-owned estate that sold for $14.5 million in 2005. Current owners Richard and Nancy Crowell are now looking to downsize, passing on this stunning home to its next owner—one who appreciates its rockstar legacy and prime waterfront location.
