Top 5 Celebrity Luxury Homes in Miami Beach

In May of 2012, Billy Joel listed his luxury waterfront home in Miami Beach for $14.75 million, $1.15 million more than he paid in 2006. This amazing Mediterranean-style mansion is on the ultra-exclusive La Gorce Island, where other celebrities like Cher and Ricky Martin have also owned property. It's a massive 8,881 square feet with 7 bedrooms, 9 bathrooms, an outdoor kitchen, gourmet chef's kitchen, elevator, 4-car garage and 150 feet of pristine waterfront property.

Sitting in the Oceanfront neighborhood of Miami Beach -- home to some of the most desirable waterfront homes in the city -- is Beyonce's 9,000-square-foot mansion with 5 bedrooms, 7 bathrooms and a beautiful swimming pool. In late 2011, Beyonce sold a small Miami Beach condo on the water nearby the mansion and took a huge loss; she bought the 190-square-foot apartment for $465,000 back in 2002 and sold it for only $110,000.

The Queen of Latin Pop owns a beautiful Miami Beach waterfront home on the ultra-exclusive Star Island, which is also home Sean Combs, Rosie O'Donnell and Shaquille O'Neal. Many Miami boat tour companies take customers through this neighborhood for a bit of star-gazing. Gloria's home overlooks Biscayne Bay and features lush landscaping and a collection of eclectic artwork. The 15,547-square-foot home was built in 1959 and has 6 bedrooms, 11 bathrooms and a separate guest house.

A similar home on Star Island, visible by clicking here, is currently listed for $32 million. This home features 16,000 sq ft and 11 bedrooms.

Matt Damon, one of Hollywood's top actors, actually owns Miami Beach property as well. He bought this 9-bedroom, 10-bathroom luxury home in 2005 for $10.3 million. This stunning Spanish-style home is located on North Bay Road and was previously owned by Maurice Gibb of the Bee Gees. As you can see, it comes complete with a private dock!

Sean Combs, like Gloria Estefan, owns one of the beautiful waterfront homes on Star Island in Miami Beach. This mansion has over 19,500 square feet of living space with 12 bedrooms, a private dock and a luxurious swimming pool. He purchased the home in 2003 for a whopping $14.5 million.

If you're interested in Miami Beach real estate, think about contacting a full-service real estate organization like Majestic Properties to find listings in the desirable communities above, or elsewhere in the city. You can also view current luxury properties for sale in the city here: Miami Beach real estate for sale.