Disgraced hip hop mogul Sean “Diddy” Combs, who is serving his federal prison sentence, sold one of his waterfront Star Island mansions for $55 million Property records show Combs’ 1 West Star Island LLC sold the nearly 8,000-square-foot estate at 1 Star Island Drive to JFStar LLC, a Newport News-based company led by John A. Franklin of Virginia Beach.  A company linked to him paid $35 million for the six-bedroom, eight-and-a-half-bathroom house, which sits near the entrance to Star Island. The bayfront 1.3-acre lot has 240 feet of water frontage, a pool and spa, and a dock. It features a […] This article originally appeared on The Real Deal. Click here to read the full story.