Diddy’s Star Island mansion sells for $55 million during prison term
Realtor.com reported Sean Combs sold the Miami Beach estate he once offered as bail collateral as his criminal appeal continues.
By Frankie Delgado · News Reporter
3 min read
Sean “Diddy” Combs has sold one of his Miami Beach mansions for $55 million, the same Star Island property his lawyers once offered to help secure his release on bail, according to Realtor.com.
The deal closes out a high-profile chapter for the waterfront estate, which drew national attention after federal agents searched the property in March 2024 during the investigation into Combs, Realtor.com reported.
According to The Real Deal, the sale was handled off market. The buyer financed part of the purchase with an $18.5 million mortgage from Axos Bank, a San Diego-based lender, the outlet reported.
The property sits on more than an acre on Miami Beach’s guarded Star Island, with about 240 feet of frontage on Biscayne Bay, according to Realtor.com. The estate includes a pool, dock, guesthouse, basketball court, spa, outdoor entertaining space and views of the Miami skyline.
Combs bought the mansion in 2021 for $35 million and later made upgrades, Realtor.com reported. Court filings cited by the outlet said he paid off the remaining mortgage before a bail hearing so the house could be used as security.
The filing said Combs paid off about $18 million on Aug. 20, 2024, leaving the home free of a mortgage for the proposed bond.
Combs’ attorneys proposed a $50 million bail package after his September 2024 arrest, according to Realtor.com. The package included the Star Island mansion and his mother’s Miami home as security for the remaining $2 million needed for the bond.
Prosecutors fought his release, and a federal judge denied bail in September 2024, finding that Combs posed too great a risk while awaiting trial, Realtor.com reported. His legal team had also proposed restrictions that included limiting travel to New York City and Miami, grounding his private jet in Los Angeles while they said he was trying to sell it, and requiring GPS monitoring.
What happened in court
After a months-long federal trial, Combs was acquitted of racketeering conspiracy and sex trafficking, according to Realtor.com. A jury convicted him on two counts of transporting people across state lines for prostitution.
In October 2025, a federal judge sentenced Combs to four years and two months in prison and denied another effort by his attorneys to secure release while he appealed, Realtor.com reported.
Federal prison records cited by Realtor.com list Combs at FCI Fort Dix, a low-security federal prison in New Jersey, with a projected release date of Feb. 23, 2028. The date reflects credit for time served and other adjustments, according to the report.
Combs’ lawyers have appealed both the convictions and the sentence, arguing that the judge improperly relied on allegations tied to charges for which he was acquitted, Realtor.com reported. They are seeking to overturn the convictions or win a new sentencing.
A three-judge panel of the 2nd U.S. Circuit Court of Appeals heard arguments earlier this year and questioned whether the sentence was too harsh, according to Realtor.com. No decision has been issued.
Combs also faces multiple civil lawsuits accusing him of sexual assault and other misconduct, allegations he has consistently denied, Realtor.com reported.
Realtor.com reported that Combs still owns another Star Island home. He bought that neighboring mansion in 2003 for $14.5 million.
This story draws on original reporting from MarketWatch.