Special offer

Pablo Escobar's former Miami Mansion to be demolished

By
Real Estate Agent with Beachfront Realty 3220434

 

302D483600000578-3400212-image-a-2_1452814042788.jpg 

Pablo Escobar's former Miami Beach mansion will be leveled next week after its current owner did an exhaustive high-tech search targeting cash, drugs, and even human remains. The demolition will be documented for an upcoming television documentary.

Chicken Kitchen CEO Christian de Berdouare and wife former tv reporter Jennifer Valoppi at 5860 North Bay Road in May 2014 for $9.65 million. Sitting on Biscayne Bay nearby the La Gorce Golf Course, the four-bedroom, six-bathroom home was Escobars before getting seized by U.S. authorities in 1987. Besides being owned by arguably the most infamous drug lord on the planet, the home has another unique feature: massive holes punched through the walls, alluding to a previous search.

The tale is Escobar, who had an estimated  $30 billion net worth, couldn't launder his money quickly enough and stashed his cash at his properties. 

Berdouare plans to eventually build a mansion on the 7,336-square-foot site but is unsure whether they'll ever live there, as the couple also owns three other properties on the same street - they're at 5004 North Bay Road and 5750 North Bay Road, according to public records.

Posted by

It's a Fabulous day in Florida and now is a great time to buy or sell.....

Don't make a MOVE without Marco!

Over 25 years serving the South Florida area

 

 

 

 

 

 

 

 

 

 

 

 

Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Marco. It is incredible to me that someone would own three high end homes on the same street, let alone what was found inside this one.

Jan 15, 2016 09:36 PM
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Hello Sheila Anderson not so rare here. That is a famouse BEAUTIFUL st. The Bee Gee's have 3 homes there also and Ricky Martin owns 2.

Jan 15, 2016 09:39 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Wow - I own two houses on the same street but nothing like this street.  I have to say that since there are no Chicken Kitchens up here I had no idea that a chicken franchise was so profitable. 

Jan 15, 2016 09:47 PM
Donald Urschalitz
Lubeck Realty Group - Jupiter, FL
P.A. Realtor ABR RSPS North Palm Beach County

Great area my daughter had a home not too far from this.

Jan 15, 2016 09:54 PM
Marco Giancola

Hey Don is she still here? I had a home there was well in the 90's.

Jan 15, 2016 09:57 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

This will certainly be an interesting piece of history to tack onto the new home, the owners will build after demolition.

Jan 15, 2016 10:19 PM
Tamara Elliott-Deering
Central Metro Realty - Austin, TX

Why is it that whenever I hear about a chicken multi-millionaire I think about "Breaking Bad" it's especially ironic this story involves another famous drug lord.

Jan 15, 2016 11:09 PM
Pat Starnes-Front Gate Realty
Front Gate Real Estate - Brandon, MS
601-991-2900 Office; 601-278-4513 Cell

That's a very interesting history lesson, Marco. It's amazing that people buy and tear down old mansions, but I imagine this one is quite dated since it was seized by the government in 1987? It would be difficult for me to spend over $9 million for a tear down!!

Jan 15, 2016 11:58 PM
Marco Giancola

There was just a $24M tear down sale last week-imagine!

Jan 16, 2016 12:47 AM
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Wow!  Some serious history there!  Owning three mansions on the same street, I can't imagine that but would love to be that wealthy some day!

Jan 16, 2016 11:16 AM