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Aug 17, 2026, 9:01 AMExecutive Real Estate

Howard Schultz Sells Hawaii Home for $36 Million After Florida Move

Former Starbucks CEO Howard Schultz sold his longtime Hawaii sanctuary for $36 million, months after buying a $44 million residence in Florida, the report said.

A mansion-shaped compass points from a volcanic island toward a peninsula, symbolizing Schultz's property shift.
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Summary

On August 17, 2026, MarketWatch reported that former Starbucks CEO Howard Schultz sold his longtime Hawaii residence for $36 million. The sale followed his move to Florida and came months after he purchased a residence there for $44 million.

Only a short feed summary was available. It did not disclose the buyer, exact transaction dates, Schultz’s original Hawaii purchase price, any gain or loss, taxes, financing, or property details. No involvement by or financial impact on Starbucks was reported.

Positives

  • The Hawaii residence sold for $36 million, completing a high-value property disposal after Schultz moved to Florida.
  • The $44 million Florida residence was acquired months before the reported Hawaii sale.
  • The two disclosed property transactions carry combined stated prices of $80 million.

Risks & concerns

  • The summary omitted Schultz’s original Hawaii purchase price, preventing calculation of any gain or loss.
  • No buyer, exact closing date, taxes, financing terms, or property details were disclosed.
  • No financial or operational impact on Starbucks was reported, limiting the transaction’s relevance to its investors.
Primary sourceMarketWatch.com - Top Storieshttps://www.marketwatch.com/story/former-starbucks-ceohoward-schultz-sells-home-in-hawaii-for-36-million-after-moving-to-florida-fc1de897?mod=mw_rss_topstories
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