Broker Carl Gambino flips Miami pad for double the price

New York finance types are moving to Florida to avoid income taxes, but at least one pimp to the stars is bucking that trend.

We listen to Carl Gambino of Compass Have your Sunset Island house flipped in Florida and moved to New York.

The New York-born Diggs dealer, who spent a decade building his business in LA before moving to Miami, will be moving back and forth between the Big Apple, LA, Miami and the Hamptons.

Gambino currently co-listed Actor Mark Wahlberg’s Beverly Hills mansion dropped in value from $87.5 million to $79.5 million in April.

Gambino bought this Miami Beach home at 2300 Lake Avenue in January 2021 for $2.82 million. He then flipped it earlier this month for $5.7 million. (It first hit the market last October for $7.45 million.)

One of the four bedrooms of the Miami Beach mansion.
One of the four bedrooms of the Miami Beach mansion.
Michael Stavridis / Be Legendary
Have a look at the open floor plan.
Have a look at the open floor plan.
Michael Stavridis / Be Legendary
Aerial shot of pool in backyard.
Who needs the ocean when you have a saltwater pool?
Michael Stavridis / Be Legendary
Home kitchen interior.
Maharaj’s kitchen.
Michael Stavridis / Be Legendary
Interior of two beds.
One bedroom for two.
Michael Stavridis / Be Legendary

The four bedroom, three bath home is 3,015 square feet. The mid-century-modern home was renovated in 2018 and later revamped by Gambino’s wife, the celebrity interior designer sarah ivorywhose work is for joe jonas and sophie turner was featured in Architectural Digest,

The Lake Avenue home also features a saltwater pool and outdoor entertaining space. The smart-wired property features a chef’s kitchen, marble floors to keep cool in hot weather — and wrap-around glass doors on the exterior to showcase views of the pool, lawn, and wooden deck.

Gambino, who owned the listing, declined to comment. Miami’s William Zayas’ Vision Realty repossessed the buyer.

We hear Gambino, Ivory and their two children, ages 2 and 5, have moved into a rental townhouse in Greenwich Village for now.



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