Bahamian casino mogul Sebastian Bastien sells Miami home

Sebastian Bastian, CEO of Bahamian casino company Island Luck, has sold his luxe Miami mansion for $28.2 million.

Haveli Global informed earlier news.

Located on the Venetian Islands, the newly built three-story home is made up of five bedrooms and seven baths.

Spread over 13,400 square feet, Bastian bought the home in 2019 for $7.75 million before its renovations — meaning he stood at a considerable profit.

Developed by Todd Michael Glaser, the three-story home was completed in 2021 and boasts panoramic waterfront views.

Amenities include floor-to-ceiling glass sliding doors, a custom marble bar, a movie theater, a fire pit, a summer kitchen, and a 10-foot infinity-edge pool.

There are also unobstructed views of the Miami skyline.

Chad Carroll, Eli Fetelson and Corina Ivaniuk with The Carroll Group represented the sellers in the off-market deal, while Jaime Blatt with Inside Network brought on the buyer.

The house is spread over 13,400 sq ft.
The house is spread over 13,400 sq ft, and comes with a pool.
Daniel Petroni

Home prices in Miami have skyrocketed in recent years.

South Florida prices are set to increase by 3.4% in 2023, according to Realtor.com’s latest 2023 forecast.

“The 2023 housing market may become a ‘nobody’s market,’ favoring neither buyers nor sellers,” wrote Daniel Hale, chief economist at Realtor.com.

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