Former BuzzFeed chairman sells Miami mansion for $25million

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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

By Charlotte Mitchell For Mailonline

Published: | Updated:

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The former chairman of Buzzfeed has sold his Miami mansion in an off-market deal for $25million.

Kenneth Lerer, who is also the co-founder of The Huffington Post, bought the land in 2014 for $7million and demolished the existing building to put up his eight-bedroom house.

The property is located on the Venetian Islands, a chain of man-made islands in Biscayne Bay.

Kenneth Lerer, the former chairman of Buzzfeed has sold his Miami mansion in an off-market deal for $25million

Lerer, who is also the co-founder of The Huffington Post, bought the land in 2014 for $7million and demolished the existing building to put up his eight-bedroom house

Lerer, who is also the co-founder of The Huffington Post, bought the land in 2014 for $7million and demolished the existing building to put up his eight-bedroom house

Real-estate agent Dina Goldentayer of Douglas Eliiman told The Wall Street Journal that she had approached the media mogul about selling the property because she had a client relocating to the area from California.

She did not comment on the buyer’s identity but said this type of off-the-market deal reflected the ‘intense’ Miami property market in which agents have even begun knocking on people’s doors to convince them to sell in a bid to meet demand.

‘I would have hopped the fence if I could,’ Goldentayer told the paper.

The 'Neo-classical Modern' property is located on the Venetian Islands, a chain of man-made islands in Miami's Biscayne Bay

The ‘Neo-classical Modern’ property is located on the Venetian Islands, a chain of man-made islands in Miami’s Biscayne Bay

With its high ceilings, wall-to-ceiling windows and white oak floors, the bright home makes the most of its sunny location

With its high ceilings, wall-to-ceiling windows and white oak floors, the bright home makes the most of its sunny location 

Lerer, who stepped down as Buzzfeed chairman in 2019, is currently a managing partner at a venture capital fund. 

He bought the property in 2014 from Miami developer Robert Zangrillo, records show. 

The luxurious home is ‘Neo-classical Modern’ in style, Goldentayer told The Washington Post.

The 10,770-square-foot property has eight bedrooms and a rooftop terrace.

With its high ceilings, wall-to-ceiling windows and white oak floors, the bright home makes the most of its sunny location.  

The 10,770-square-foot property has eight bedrooms as well as a rooftop terrace overlooking the bay (pictured)

The 10,770-square-foot property has eight bedrooms as well as a rooftop terrace overlooking the bay (pictured)

Lerer (left) is pictured with Huffington Post co-founder Arianna Huffington at an event in New York City in 2010. The media mogul works at a venture capital fund, having stepped down from Buzzfeed in 2019 [File photo]

Lerer (left) is pictured with Huffington Post co-founder Arianna Huffington at an event in New York City in 2010. The media mogul works at a venture capital fund, having stepped down from Buzzfeed in 2019 [File photo]

The waterfront home was bought by Lerer from Miami developer Robert Zangrillo in 2014, records show. Lerer tore down the original building to have his home built

The waterfront home was bought by Lerer from Miami developer Robert Zangrillo in 2014, records show. Lerer tore down the original building to have his home built