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The Real Deal: Panamanian entity-owned Sunset Islands home lists for $14M

A Sunset Islands home owned by a Panamanian entity tied to a prominent Swiss banker is on the market for $13.9 million. The six-bedroom, 5,400-square-foot home was built in 1941 and sits on a corner lot on Sunset Island III. Property records show Mimbrera Holdings Inc. owns the house. Directors of the company, based in Panama, include Joseph Benhamou, Pierre-Alain Loosli and Vernon Emmanuel Salazar Zurita, according to a document filed with the city of Miami Beach in 2002. Salazar Zurita is mentioned in the Offshore Leaks database. Loosli is a lawyer, according to his LinkedIn profile.

Benhamou, a banker and economist, is the founder and a board member at CBH, a private Swiss bank. CBH has offices in Geneva, Sant. Moritz, Zurich, London, Tel Aviv and Nassau, Bahamas. Mimbrera Holdings paid $3.75 million for the home in 2001. The nearly 21,000-square-foot property features a pool, 122 feet of waterfront, a boat dock, summer kitchen, and separate in-law quarters, according to the listing. The house, at 2851 Lake Avenue, has marble floors and impact windows. Alex Daguer of Fortune International Realty is the listing agent.

For Sunset Islands, the listing is on the pricier side for an older home. On Sunset Island II, the former mansion of Lenny Kravitz hit the market earlier this year for $25 million. Now owned by Miami Beach developer Stephen Muss, the estate is on the market for about $2,ooo a foot, while this most recent listing is on the market for $2,574 per square foot


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