The owner of LA’s largest mansion buys two Miami Beach homes on the same street as David Beckham in a $30M all-cash deal

Fashion Nova’s billionaire laminitis Richard Saghian has splashed retired $30 cardinal for a premier portion of Miami Beach spot — 2 of them, successful fact.

The unit mogul scored 2 properties successful a swift, all-cash deal: a luxe waterfront mansion and a location crossed nan street, some located connected exclusive North Bay Road, according to nan Real Deal.

Ami Shashoua, a fintech executive and developer, sold nan properties to Saghian, who plans to usage nan waterfront location arsenic a getaway spot.

Saghian, whose fast-fashion empire is headquartered successful California, precocious made headlines pinch his $118 cardinal Beverly Hills office purchase.

Forbes pegs his nett worthy astatine $1.3 billion.

The 7,800-square-foot waterfront mansion, built successful 2022, boasts views of Biscayne Bay pinch 75 feet of frontage.

The luxurious dispersed includes 7 bedrooms, 7 bathrooms, a vino cellar, a location theater, a gym and moreover a saltwater pool.

There’s besides a four-car car shed and an elevator, to boot.

Across nan street, nan 2nd location features 4 bedrooms, 4.5 bathrooms, and a caller excavation and spa.

The woody came together accelerated — closing conscionable 10 days aft Saghian made an offer, insiders told TRD.

Shashoua had initially listed nan waterfront location for $76.5 cardinal earlier this year, but yet dropped nan price.

The non-waterfront home, which was renovated past year, was listed for $5.5 million.

This latest Miami Beach acquisition adds to Saghian’s increasing postulation of trophy properties, which already includes respective homes successful California, for illustration his $141 cardinal Bel-Air estate, “The One” — LA’s largest mansion.

And Saghian isn’t nan only high-profile purchaser eyeing North Bay Road.

Just this week, shot prima David Beckham and woman Victoria closed connected their ain waterfront mansion location for $72.3 million.