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Dora Puig continues to set South Florida real estate sales records... this time in the single-family estate market.

HIGHEST HOME SALE IN THE HISTORY OF CORAL GABLES

Dora set a new home sales price record in Coral Gables with the sale of 41 Arvida Parkway in the ultra luxurious gated community of Gables Estates.

At $25,000,000 it is by far the highest sale of any single family residence in this prestigious city within Miami-Dade County this year! The only market that has topped it is Miami Beach's private enclave Indian Creek Island, which posted a $47Million sale just a summer ago.

The Barbados-style colonial estate boasts over 13,500 square feet of living area on a bayfront corner lot that can accommodate nearly any size yacht. It was designed by local prominent architect Ramon Pacheco and was originally built in 2010. It features 9 bedrooms, 12.5 baths and sits on a 1.24 acre lot with 550 feet on the water.

Painstaking attention to detail could be found in every aspect of this trophy piece of real estate in South Florida. The shell of the residence was built with hand-laid stone bricks imported from the island of Barbados. All of the hand-forged wrought iron work was personally done by a blacksmith that was once the personal farrier for the Queen of England and hired specifically for this property over a 4 year period. This magnificent waterfront home also featured an Italian chef's kitchen by Snaidero, handmade mahogany millwork and 3 lava stone negative-edge pools with infinite views of the open bays of Biscayne and a protected canal front for that mega yacht.

Gables Estates is a gated private community of only 192 estate homes located on the waterfront edge of the City of Coral Gables.

HIGHEST HOME SALE IN THE HISTORY OF HIBISCUS ISLAND

This summer Dora also set a new home sales price record for Hibiscus Island in the heart of Miami Beach.

$14,300,000 was the record setting sales price obtained for 191 N Hibiscus Drive in the gated island community of Hibiscus Island.

What is even more remarkable is that the home that sits on this 38,500 square foot lot was in poor condition and would generally be considered a tear-down. Dora's marketing strategy focused on the unique 220 feet of water frontage with a 150' dock and the construction potential of this double lot. A German national understood the vast opportunities for a luxurious estate home and purchased it to design and build his dream home. It was clear he was in love when he purchased the yacht for the enormous dock before he purchased the property.

Hibiscus Island is part of an exclusive chain of islands that dot the bay between Downtown Miami & Miami Beach. The island is gated and features a kid's park, as well as, tennis, basketball & racquetball courts...perfect for families. Hibiscus Island offers some of the best waterfront views in all of South Florida and it is primely situated minutes from South Beach, Lincoln Road, Downtown Performing Arts District, Design District, Midtown & Wynwood.

Whether it is the condo or home market...Dora Puig continues to be a trailblazer of record-breaking real estate sale prices throughout Miami-Dade County.

Volume: Summer 2014   

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