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Vanderbilt Heir’s Gulf Stream Estate Sold for $22M

Premier Estate Properties recently made headlines with the sale of the storied “Vanderbilt estate” in Gulf Stream. As reported by the South Florida Business Journal (Oct 23, 2025) and other outlets, this historic oceanfront compound – originally built in the 1920s by Lila Vanderbilt Webb, a granddaughter of Commodore Vanderbilt – sold for approximately $22 million. Premier Estate Properties had the privilege of representing this iconic property, known as “Miradero,” which spans over 121 feet of direct Atlantic Ocean frontage and stretches all the way to the Intracoastal on Florida’s exclusive Gulf Stream shoreline.

The estate’s sale was significant on multiple levels. South Florida Business Journal noted that the transaction closed at roughly $21.6M, marking one of the highest-priced sales ever in Gulf Stream and a strong number given its last asking price of $24.995M. The publicity around the sale highlighted Miradero’s unique features: a gated 1930s-era mansion rich with Gilded Age glamour, set on nearly an acre with a rare ocean-to-Intracoastal lot configuration. In fact, back in its heyday, Miradero boasted the largest private swimming pool in Palm Beach County – a symbol of Jazz Age luxury that still graces the property. The buyers (a wealthy family from the Northeast) were drawn to the compound’s blend of historic charm and irreplaceable land value (private beachfront coupled with a western waterfront for a future dock).

For Premier’s team, orchestrating this sale and seeing it recognized in the media was a proud moment. It underscores our expertise in handling legacy estates and our reach in connecting with high-net-worth buyers who appreciate provenance and pedigree. Premier deployed a global marketing strategy for Miradero – from targeted outreach to our private client list, to featuring it in international luxury real estate platforms – knowing that a property of this stature required finding just the right custodian. The successful closing and ensuing press coverage have further solidified Premier Estate Properties’ position as the brokerage of choice for South Florida’s most significant transactions.

Importantly, the sellers (and prospective sellers watching) saw that when Premier handles a listing, we deliver results that merit headlines. Our involvement was explicitly mentioned in some coverage, cementing our brand association with record-breaking sales and ultra-luxury expertise. This enhances our sellers’ confidence that choosing Premier means aligning with the market leader who not only closes the deal at a top price, but also elevates the property’s profile throughout the process.

This Vanderbilt heir’s estate is now in the hands of a new owner, but Premier Estate Properties is proud to have been part of its story. If you own a unique, high-value property – whether historic or modern – and are considering a sale, put Premier’s proven marketing and brokerage prowess to work for you. We invite you to contact us for a confidential consultation. Our track record speaks volumes (over $1.5 billion in annual sales and counting), and your property could be the next record-setter we celebrate.

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