Adam Kluger, music manager and founder and CEO of the Kluger agency (Getty Images)
UPDATED November 1st, 3:10 pm: Music manager Adam Kluger, whose clients include Bhad Bhabie and Lil Yachty, bought a pad on the waterfront in Miami Beach for $ 9.5 million.
According to a source, Kluger acquired the 5,863-square-foot, seven-bedroom home on Alton Road. Real estate records show that the seller is Global One Investment Group. It was last sold for $ 3.5 million in 2019.
The Miami Beach home sits on 16,000 square feet of land with 30 meters of waterfront. The Mediterranean-style house has six bathrooms, two toilets, a pool and a jetty.
Douglas Elliman’s Dina Goldentayer represented buyers and sellers.
Kluger, who grew up in Tampa, lives in Los Angeles and Miami Beach. He is the founder and CEO of Agentur Kluger, a music management and advertising agency that focuses on product placement in the music industry. The company has worked with artists such as Britney Spears and Lady Gaga. He also represented Bhad Bhabie, a native of Florida, on her multi-million dollar record deal with Atlantic Records that began about four years ago.
There has been a migration of music industry buyers to South Florida. Steve Stoute, founder and CEO of music distribution company United Masters, is part of a group of investors who bought a property in Miami Beach for $ 28.1 million in September. Stoute and his wife rented the property back.
Also recently, music label manager Carl Austin Rosen, whose hit song co-writing credits include rapper Post Malone’s “Rock Star,” paid $ 5.6 million for a building in Miami Edgewater that houses his Electric Feel studio could.
Waterfront luxury home sales have remained strong across Miami Beach and South Florida. In the Venetian Islands of Miami Beach, a trust paid nearly $ 23 million for a waterfront home on Di Lido Island in September.
In October, Paulo Bacchi, owner of luxury furniture and staging company Artefacto, bought a waterfront home on Palm Island in Miami Beach for $ 5.3 million.
Contact Katherine Kallergis
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