Lennar Executive Chairman Stuart Miller has acquired Thomas Kramer's former 4 and 5 Star Island Drive for $33 million. The 1.84-acre property is adjacent to two other lots that Miller owns on the exclusive island, 6 and 7 Star Island Drive.
Read MoreTour 5 Star Island, The Legendary Former Estate of South Beach Icon, Developer & Playboy Thomas Kramer, Now Listed For $40 Million
The infamous 5 Star Island sits on the globally recognized Star Island, one of the most prestigious private islands in Miami Beach with residents like Stuart Miller, Phillip and Patricia Frost, and Gloria and Emilio Estefan.
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