Former Live Nation Chairman Michael Cohl Puts Key Biscayne Compound on Market for $36M

Published: May 3, 2017 | By: American Luxury Staff

Michael Cohl’s estate in Key Biscayne has entered the market. The legendary concert promoter, and Broadway and theatrical tour producer, is asking $36 million for the Caribbean retreat. Cohl has owned the property since the late 1990’s; he purchased it for a little less than $5.8 million.

The interior living spaces of main residence, guest cottage and cabana measure about 14,740 square feet, with nine bedrooms and eleven baths throughout. The property is located at the end of a small residential peninsula, for 720 feet of water frontage, and looks out over the Bill Baggs state park and Key Biscayne bay.

The colors used in the main residence are wonderfully contrasted. Cool and warm tones are artistically blended and offset for a vibrantly accidental feel: royal blue, canary yellow, terra-cotta. Together with the open-trussed ceilings and easy indoor-outdoor flow, they give the home a heady sense of continuity and liberation.

More or less on the Spanish side of Floridian design, the home is built around a central courtyard, and the layout rambles and rambles, and includes some modern ceiling designs and lighting to balance out its essential tradewinds identity. Amenities include a screening room with tiered seating, fitness room, and a very spacious master suite.

A lagoon-style saltwater pool, pergolas and, most importantly, a private beach that reaches the home’s back staircase distinguish the exterior of the property. The lot extends to 1.67 acres, but packs a lot of romantically landscaped forays into flora in that space; landscaping is lush, allowing for the illusion of exploration and secrecy to be carried off very well.

Michael Cohl’s clients have included U2, Stevie Wonder, Pink Floyd, and The Rolling Stones. He has produced a host of Broadway musicals, including the currently running ‘Spider-Man: Turn Off the Dark’; the play is the most expensive production in Broadway history.

3717 May 3, 2017 Real Estate May 3, 2017