Rosie O'Donnell's former home shows that traditional design pairs perfectly with coastal decor – and it's on sale for $54 million

The beauty of a coastal-inspired design scheme is that even if you are not technically living by the water, you can still make the inside of the home feel vacation-worthy. However, it is all the better when a property is actually located within walking distance of water.

This is the case with Rosie O'Donnell's former Miami home, which is a coastal decor wonder that just hit the market for $54,000,000. '43 Star Island Drive truly captures Miami Beach luxury, offering exceptional waterfront living with breathtaking views,' says Liz Hogan, Compass's VP of Luxury Sales. 'This is a generational opportunity to secure a waterfront compound that offers not just a residence, but a lifestyle surrounded by Miami’s most notable figures in the heart of the city. The home’s expansive design, vibrant surroundings, and seamless indoor-outdoor flow create the perfect retreat for those seeking the ultimate in privacy and sophistication.'

The 8-bed, 8-bath home is magnificent, occupying an acre of land in the coveted, private community of Star Island, where Jennifer Lopez and Gloria Estefan are among the residents. It was bought from O'Donnell back in 2013 by Dr. David and Linda Frankel, and has been preserved and styled in a traditional decor-meets-coastal aesthetic. Let's take a closer look at the 11,000 sq ft. property.

The foyer leaves a big impression. The white and wood staircase is sleek but traditional, while the spherical chandelier is modern and unorthodox, serving as a focal point in the space (and giving us some hallway lighting ideas).

The coastal living room embodies beachy style. Featuring soft, muted neutrals and white walls, the space benefits from aquatic-inspired hanging art, as well as dark wood details on the door frames and coffee table.

The kitchen, meanwhile, is a showstopper, thanks to a bold, blue-painted kitchen island. It adds a burst of color to the otherwise neutral space, and, again, evokes feelings of being by the water. As a bonus, it also features top-of-the-line appliances by Viking, SubZero & Miele.

The TV room is cozy yet chic, featuring white paint on the walls and ceilings, white sofas, and a reclaimed wood coffee table. The media console, which houses the television, also doubles as a bookcase, serving up a dose of bookshelf wealth.

The dining area is primed for hosting, with a large table sitting on top of an elegant Persian rug.

Just one of the eight bathrooms is seen here, continuing on with the white and wood scheme that is present in the rest of the home. All the bedrooms have ensuites, with an additional three half bedrooms available on the property.

The patio is also perfect for entertaining, with plenty of seating available; this time, the coastal theme comes through with the rattan seats and white cushions.

The primary bedroom taps into a bit of color with a blue rug, allowing for white to shine bright with the bed and lounge chair.

The hallway is an excellent spot to display art, particularly gallery walls.

Finally, the pool is a clear highlight, surrounded by potted plants and palm trees that are native to the region.

Below, find a selection of products that fit the traditional-meets-coastal bill.

Coastal meets traditional style is a wonderful way to bring an air of beach into your home, without leaning too hard into the kitsch that sometimes accompanies this style. Classic furnishings with rattan and lots of blue can go a lot way.

Rosie O'Donnell's former home is listed with Liz Hogan at Compass.