Gloria and Emilio Estefan Make $33 Million PROFIT by Selling Their Miami Townhouse for $35 Million

Gloria and Emilio Estefan sold their Miami mansion for a profit of $33.16 million, three decades after purchasing the property.

They bought the house in 1993 for $1.84 million and sold it last week for an astonishing $35 million, according to TMZ.

Located in Miami’s exclusive Star Island neighborhood, the home features six bedrooms, 10 bathrooms, and is spread over 7,988 square feet.

Wow: Gloria and Emilio Estefan sold their Miami mansion for a profit of $33.16 million, three decades after purchasing the property. They bought the house in 1993 for $1.84 million and sold it last week for an astonishing $35 million, according to TMZ

The mansion sits on a 58,332 square feet (1.34 acres) lot in the gated community overlooking the downtown Miami skyline and unobstructed views of Bicayne Bay.

The couple has another home on the same street, so they used this home for guests visiting them, according to the outlet; Neighbors on the street included Alex Rodriguez, Sean Combs and Shaquille O’Neal.

The mansion boasts 240 yards of waterfront with a private dock, resort-style pool and spa; the house features tropical foliage and palm trees.

The Floridian style villa also has its own guest house with three bedrooms, two full baths and a 1.5 bath; the guest house is located separately and at the front of the property.

Profit: Located in Miami's exclusive Star Island neighborhood, the home features six bedrooms, 10 bathrooms and is spread over 7,988 square feet;  Gloria and Emilio Estefan pictured in 2019 in NYC

Profit: Located in Miami’s exclusive Star Island neighborhood, the home features six bedrooms, 10 bathrooms and is spread over 7,988 square feet; Gloria and Emilio Estefan pictured in 2019 in NYC

Incredible: The mansion sits on a 58,332 square feet (1.34 acres) lot in the gated community overlooking the downtown Miami skyline and unobstructed views of Bicayne Bay

Incredible: The mansion sits on a 58,332 square feet (1.34 acres) lot in the gated community overlooking the downtown Miami skyline and unobstructed views of Bicayne Bay

Beautiful: The couple has another house on the same street, so they used this house for guests who visited them, according to the outlet;  Neighbors on the street were Alex Rodriguez, Sean Combs and Shaquille O'Neal

Beautiful: The couple has another house on the same street, so they used this house for guests who visited them, according to the outlet; Neighbors on the street were Alex Rodriguez, Sean Combs and Shaquille O’Neal

Home sweet home: The mansion features a resort-style pool and spa;  the house has tropical foliage and palm trees

Home sweet home: The mansion features a resort-style pool and spa; the house has tropical foliage and palm trees

The sweet life: The property has a 240-foot waterfront with a private dock

The sweet life: The property has a 240-foot waterfront with a private dock

View over view: The Floridian style villa also has its own guest house with three bedrooms, two full baths with a 1.5 bath;  the guest house is separate and at the front of the property

View over view: The Floridian style villa also has its own guest house with three bedrooms, two full baths with a 1.5 bath; the guest house is separate and at the front of the property

Built in 1940, the house has hardwood and marble floors, arched doorways, and open porches.

The kitchen has white cabinets, with matching worktops; the great room, which had plenty of natural light, had a long island in the center for more space for cooking and baking.

The huge fridge was topped off with the matching white cabinets for a streamlined look.

A dream: the breathtaking view from the second floor of the incredible house

A dream: the breathtaking view from the second floor of the incredible house

The house was built in 1940, with hardwood and marble floors

arched doorways and open verandas

A Place to Rest: Built in 1940, the house features hardwood and marble floors, arched doorways, and open porches

Kitchen Goals: The kitchen features white cabinetry, with matching countertops;  the great room, which had plenty of natural light, had a long island in the middle for more space for cooking and baking

Kitchen Goals: The kitchen features white cabinetry, with matching countertops; the great room, which had plenty of natural light, had a long island in the middle for more space for cooking and baking

It also includes beautiful vintage-inspired bathrooms, complete with a roll-top bath and a full-length mirror next to it; the bathroom also has access to the veranda.

The bedrooms have water views in addition to patio doors leading to the veranda; the rooms have plenty of storage space through vaulted closets.

The property includes a den with large windows and doors leading outside, in addition to the living space with a fireplace.

Classic: It also includes beautiful vintage-inspired bathrooms, complete with a roll-top bath and a full-length mirror next to it;  the bathroom also has access to the veranda

Classic: It also includes beautiful vintage-inspired bathrooms, complete with a roll-top bath and a full-length mirror next to it; the bathroom also has access to the veranda

Chic: The bedrooms have a view of the water in addition to French doors leading to the veranda;  the rooms have plenty of storage space through vaulted closets

Chic: The bedrooms have a view of the water in addition to French doors leading to the veranda; the rooms have plenty of storage space through vaulted closets

The property has a den with large windows and doors to lead outside

next to the living room with a fireplace

Elegant: the property has a study with large windows and doors leading to the outside, in addition to the living area with a fireplace

Impressive: the walkways were all covered and lit, so walking or swimming late at night is easy enough to do

Impressive: the walkways were all covered and lit, so walking or swimming late at night is easy enough to do

Breathtaking: there is a separate hot tub in another part of the house

Breathtaking: there is a separate hot tub in another part of the house

Relaxing: The tropical foliage gave the Florida style villa the perfect touch

Relaxing: The tropical foliage gave the Florida style villa the perfect touch

Another: the property's huge backyard also had a bar next to the sprawling pool

Another: the property’s huge backyard also had a bar next to the sprawling pool

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