Former PayPal CEO Peter Theil’s $35.8 Million Home in Miami Beach, FL

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Peter Thiel, the billionaire entrepreneur and venture capitalist renowned for co-founding PayPal, owns a stunning $35.8 million estate in Miami.

As a high-profile figure making moves from California to more favorable business environments, Thiel acquired the property from Jacques Nasser, former CEO of Ford Motor Company.

Initially listed for $19.9 million, Nasser put the estate on the market in the summer.

By September, Thiel purchased it for $18 million, according to property records.

A Reality Show Legacy

Interestingly, this Miami estate has a unique history, having served as the set for MTV’s iconic reality show, “The Real World.”

Specifically, one of the homes on the property was the residence of the cast members during the show’s Miami season in 1996, where seven individuals lived together, showcasing their lives and interactions.

Luxurious Features of the Property

The estate spans an impressive 10,041 square feet and comprises two separate homes.

One notable feature is the private boat dock, which provides direct access to the water, catering to those who enjoy boating and waterfront activities.

Additionally, the property boasts two outdoor swimming pools, enhancing its appeal for relaxation and entertainment.

The exterior of the compound is characterized by its picturesque location on the Venetian Islands, surrounded by the scenic Biscayne Bay.

Its lush landscaping and waterfront views contribute to the estate’s luxurious ambiance.

Inside, the estate includes nine bedrooms and eleven bathrooms, offering ample space for guests and family.

The design reflects a blend of modern and classic aesthetics, providing a comfortable yet sophisticated living environment.

Photos of the Home

An aerial view showcases an expansive waterfront estate on the tip of Rivo Alto Island, framed by lush greenery and offering breathtaking views of the bay.

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Image Credit: Realtyhop

The entrance to the property features a minimalist design with a wooden sign reading “Coco Villa,” flanked by tall palm trees and a simple, elegant path.

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Image Credit: Realtyhop

Towering palms and lush greenery from an exotic botanical garden seamlessly integrate into the home’s design, creating a tranquil indoor oasis.

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Image Credit: Realtyhop

A long, shaded walkway lined with greenery and natural stone flooring leads to the main entrance, enhancing the serene ambiance of the property.

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The pool area sits against a stunning backdrop of the bay, with pristine waters and expansive views, offering a peaceful retreat within the property.

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Another angle of the pool area reveals the spacious deck, surrounded by palm trees and perfect for enjoying the serene waterfront setting.

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Image Credit: Realtyhop

A private balcony tucks away a cozy outdoor seating area, featuring sleek modern furniture and lush surrounding foliage.

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The balcony offers a sweeping view of the pool and the bay beyond, providing a perfect vantage point to take in the natural beauty of the location.

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A sleek white spiral staircase adds a touch of modern elegance, surrounded by lush greenery that blends the outdoors with the home’s design.

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The rooftop deck offers a spacious area with a mix of wooden seating and lush green turf, all set against panoramic views of the bay.

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Another angle of the rooftop deck highlights the ample seating and open space, perfect for soaking in the surrounding natural beauty.

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The view from the property extends across the bay, with the distant cityscape on the horizon, emphasizing the serene and expansive waterfront location.

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Welcoming and cozy, ‘Bogan Villa’ greets guests with a simple wooden sign and lush plants, offering a secluded retreat feel.

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A charming walkway leads to the entrance of a guest house, with “Miami Beach” signage adding a playful touch to the serene atmosphere.

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This private outdoor space features a quaint, rustic wooden fence and lush plants, creating an intimate and peaceful spot within the property.

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Greenery surrounds a cozy outdoor dining area, where a wooden table and modern seating offer a secluded spot for meals.

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The outdoor kitchen features a state-of-the-art grill and pizza oven, surrounded by lush tropical foliage, making it perfect for al fresco dining.

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A cozy seating area under a modern, translucent canopy provides a shaded spot for relaxation, with easy access to the interior spaces.

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The view from the shaded seating area opens up to the pool and bay, blending indoor comfort with outdoor beauty.

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A stone pathway winds through lush greenery, leading to the pool area, with the bay and city skyline in the distance.

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The uniquely shaped pool offers a refreshing oasis, surrounded by tropical plants and overlooking the serene waters of the bay.

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Image Credit: Realtyhop

Another view of the pool shows off the sleek design of the home, with large windows and multiple access points to the outdoor areas.

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The hot tub sits adjacent to the pool, set against a backdrop of lush palms and vibrant greenery, enhancing the luxurious outdoor living experience.

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A private dock extends into the bay, providing easy access for boating and offering unobstructed views of the water and horizon.

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Lush tropical plants nestle a small outdoor seating area, offering a serene spot for quiet conversations or enjoying the garden.

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The garage features striking copper doors set against clean white brick, adding a modern touch to the property’s exterior.

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An aerial view captures the full expanse of the waterfront estate, with its inviting pool, lush landscaping, and private dock extending into the clear blue waters.

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Natural light bathes a spacious living area, where plush white seating surrounds a central coffee table, offering expansive views of the pool and bay.

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The living room features a modern, open layout with comfortable seating, vibrant artwork, and easy access to other parts of the home.

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Another angle of the living room showcases the ample seating, unique artwork, and a large TV for entertainment.

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A floating wooden staircase against a white brick wall adds a stylish architectural element to the home’s interior.

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The sleek, modern bar area features a curved marble countertop, plush green bar stools, and bold red pendant lights, creating a chic space for entertaining.

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This dining area includes a large, minimalist table with wooden chairs, seamlessly connecting to the kitchen and offering views of the surrounding greenery.

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Another view of the dining area highlights the open floor plan, which connects the kitchen, bar, and living spaces in a cohesive design.

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High-end stainless steel appliances and marble countertops outfit the kitchen, blending luxury and functionality with a crisp, clean design.

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The sleek kitchen features top-of-the-line Wolf and Subzero appliances, highlighted by a polished marble island and minimalist white cabinetry.

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This serene bedroom offers direct access to the pool area, complemented by tranquil views and soft blue tones.

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Another bedroom’s view radiates coastal charm with bright blue accents and direct access to the outdoor terrace overlooking the bay.

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The pristine bathroom features clean lines with a modern white vanity, marble countertops, and a large mirror for a fresh and airy feel.

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Another bathroom exudes a unique style with textured mosaic walls and custom blue light fixtures, adding an artistic touch to the space.

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This cozy bedroom offers a peaceful retreat, with soft white and blue hues, and direct access to a private garden area.

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The same bedroom presents a cozy corner with a desk and TV, offering a quiet space to unwind or work, bathed in natural light.

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White subway tiles line a bright, minimalist bathroom, featuring a striking blue circular mirror above the marble-topped vanity and a glass-enclosed shower.

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This serene bedroom features a plush bed, a mirrored wall, and glass doors leading to a lush private outdoor space, blending indoor comfort with outdoor tranquility.

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Modern art adorns the walls of a stylish sitting room, where a comfortable beige sofa faces floor-to-ceiling windows that open to a green garden.

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The expansive master bedroom offers a calming retreat with a neutral color palette, a spacious bed, and direct access to a peaceful garden through glass doors.

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A clean, sophisticated bathroom featuring white subway tiles, a marble vanity, and modern fixtures, creates a fresh and inviting atmosphere.

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The sleek and functional laundry room, highlighted by sheer white curtains, features high-end appliances and ample space for utility tasks.

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This large bedroom, bathed in natural light from bay-facing windows, offers panoramic water views, a cozy seating area, and modern furnishings.

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A stylish bedroom with a green-striped bed, complemented by contemporary black side tables and matching mirrors, provides a fresh and modern ambiance.

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Image Credit: Realtyhop

Featuring a large mirror and a sleek white double vanity, this bright and spacious bathroom offers ample counter space for daily routines.

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A luxurious soaking tub set against a large window offers tranquil water views, framed by white subway tiles and marble accents.

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This stylish bathroom with a glass-enclosed shower, white marble walls, and a mosaic tile floor, creates a refined and elegant atmosphere.

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A blue-tiled wall highlights a vibrant living space, furnished with mid-century modern pieces and featuring a mix of open shelving and art displays.

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Green armchairs and a glass coffee table, complemented by sheer curtains that flood the room with natural light, make the sitting area inviting and cozy.

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A comfortable lounge area featuring a blue sofa, modern art, and a wet bar with striking blue tiles looks perfect for relaxation.

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The long hallway with whitewashed brick walls and modern art leads to a bright, open living room with large windows offering views of the surrounding greenery.

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Colorful artwork adorns a hallway featuring a mid-century credenza and a glass door that seamlessly blends indoor and outdoor spaces.

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The spacious living room features a sleek white brick fireplace and a large, inviting sectional, paired with mid-century modern decor, including a stylish bar cart and retro light fixtures.

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A wide-angle view of the living room showcases plush sofas, a striking orange and white rug, and floor-to-ceiling windows that flood the space with natural light.

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This view of the living room highlights the rich earth tones of the decor, with a focus on the artful ceiling light fixture and the comfortable, modern seating arrangement.

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High-end appliances, sleek white cabinets, and warm wooden accents equip the open-concept kitchen, creating a clean, modern aesthetic.

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The dining area features a contemporary chandelier hanging above a round glass table, with expansive windows providing a stunning view of the bay.

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This bedroom offers a serene retreat with floor-to-ceiling windows overlooking lush greenery, complemented by warm, earthy tones and textured fabrics.

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A closer view of the bedroom reveals a cozy sitting area, rich wood tones, and thoughtful details in the decor that create a warm, inviting space.

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Pristine white countertops, dual sinks, and a luxurious walk-in shower complete the bathroom, all bathed in soft natural light.

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This bathroom features a glass-enclosed walk-in shower with mosaic tile walls that add a touch of luxury to the space.

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Soft whites and warm accents decorate a bright and cozy guest bedroom, complemented by modern art and a wall-mounted TV.

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A stylish bathroom with a unique circular mirror and a beautifully patterned mosaic tile wall brings a bold and artistic touch to the space.

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This guest bedroom offers a plush upholstered bed and a chic chandelier, creating an inviting and comfortable atmosphere.

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A mirrored wall expands the visual space in this guest bedroom, which is adorned with soft, neutral tones and cozy seating.

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The double vanity and soft, elegant lighting define the bathroom, paired with a spacious walk-in shower.

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A serene bedroom filled with natural light from a large window overlooking lush greenery features simple, modern decor.

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White penny tiles finish the bathroom, which includes a glass-enclosed tub, blending simplicity with modern elegance.

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A cozy sitting area with a view of the lush garden, accented by a soft rug and two upholstered benches, creates a peaceful retreat.

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This sitting nook features a sleek built-in kitchenette, perfect for convenience, and a wall-mounted TV for entertainment.

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The bedroom combines comfort and style with a tufted headboard, warm wood floors, and a bunk bed area that adds versatility.

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A modern bathroom with clean lines features a minimalist vanity, and textured wall tiles that add subtle depth to the design.

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This bedroom offers a bold statement with a textured wooden accent wall, complemented by a vibrant patterned rug and modern lighting.

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Boasting a double vanity with sleek lines and a large mirror, the bathroom pairs with unique mosaic wall art for a luxurious touch.

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This bathroom showcases an open walk-in shower and a mix of mosaic and marble patterns, creating a spa-like atmosphere.

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