Timbaland Sells Coral Gables Mansion for $14 Million

Grammy Award-winning producer Timbaland (born Timothy Mosley) has officially sold his Coral Gables mansion at 5400 Hammock Drive for $14 million, marking a significant return on his original investment. Back in 2019, he purchased the 8,452-square-foot estate for roughly $9 million, making this sale one of the more notable real estate transactions in South Florida’s luxury market this fall.

The home, a tropical-modern masterpiece, spans 8,452 square feet and features seven bedrooms and eight and a half bathrooms. Inside, the residence includes a guest house, wine cellar, sauna, full-house generator, elevator, floor-to-ceiling windows, and a state-of-the-art smart-home system. Situated on nearly one acre in the exclusive Hammock Lakes enclave of Coral Gables, the property offers a rare blend of privacy, lush landscaping, and high-end architectural design.

Originally listed for $15.9 million, the home ultimately sold for $14 million — translating to about $1,656 per square foot. The buyers were reportedly Zeroisha and Beatrice Zapata, owners of COR Medical Centers and the 1-800-NO-FAULT network. The transaction was brokered by Diana Gutierrez of Mocca Realty and Alex Pirez also of Mocca Realty.

The sale represents a roughly 56 percent gain over Timbaland’s purchase price, highlighting continued appreciation within Coral Gables’ ultra-luxury housing market. It also underscores sustained demand for high-end properties offering space, design, and seclusion — factors that have drawn celebrities, athletes, and business leaders to the area. Recent record-breaking deals in nearby Gables Estates and Cocoplum have reinforced Coral Gables’ standing as one of Miami’s most desirable enclaves.

Timbaland, a longtime South Florida resident, has been active in the local real estate scene for years. He previously sold a Pinecrest mansion in 2019 and currently owns a double unit at Aria on the Bay in Edgewater Miami. With the Hammock Drive property now off his portfolio, this sale not only delivered a strong return but also reflects growing confidence among elite buyers in Coral Gables’ luxury market.

The Weeknd Under Contract to Purchase $55M Waterfront Mansion in Coral Gables

Credit: ONE Sotheby’s International Realty

International music superstar The Weeknd—whose real name is Abel Tesfaye—is under contract to purchase a luxury waterfront estate in Coral Gables, last asking $54.9 million, according to multiple sources including The Wall Street Journal, and Architectural Digest. Represented by ONE Sotheby’s agents Eddy Martinez and Roland Ortiz, the purchase marks the Canadian-born singer’s first foray into South Florida real estate and adds yet another high-profile name to the growing list of celebrities choosing Coral Gables as their new home base.

A Trophy Estate in Gables Estates

The property, located at 41 Arvida Parkway within the prestigious Gables Estates community, offers the ultimate in privacy and grandeur. Set on a 1.24-acre peninsula, the estate boasts an astonishing 574 feet of water frontage, providing panoramic bay views and docking space for a mega-yacht up to 200 feet long.

Spanning nearly 19,000 square feet, the mansion features eight bedrooms, nine-and-a-half baths, and a design that blends contemporary luxury with Mediterranean influences. Highlights include double-height ceilings, floating staircases, an infinity-edge pool with coral-inspired mosaics, multiple terraces overlooking Biscayne Bay, and an expansive outdoor entertainment area complete with a summer kitchen.

The property was previously owned by Steven Lempera, an investor who reportedly acquired it for $27.8 million in 2019. If the deal closes near its asking price, Lempera will realize a substantial profit—another sign of the booming high-end market in Coral Gables.

The Weeknd Joins a Growing Celebrity Migration to Coral Gables

The Weeknd’s upcoming purchase is part of a broader trend of celebrities relocating to South Florida for its year-round sunshine, tax benefits, and world-class waterfront lifestyle.

Among the most recent notable buyers is Robbie Williams, who earlier this year acquired a $40 million waterfront estate in Coral Gables’ Old Cutler Bay community. The 19,000-square-foot home sits on an acre peninsula with 435 feet of water frontage, an 18-car garage, a wine cellar, and plans for a possible guesthouse and recording studio. Williams purchased the home—along with approximately $5 million worth of furnishings—from Real Housewives of Miami cast member Dr. Nicole Martin and her husband Anthony Lopez.

Another global music icon, Pharrell Williams, also owns a lavish waterfront property in Coral Gables, which he purchased a few years ago for approximately $30 million. Interestingly, The Weeknd and Pharrell have collaborated musically in the past—now, they may soon share the same zip code.

These acquisitions reflect Coral Gables’ emergence as one of South Florida’s most coveted enclaves for high-profile residents, rivaling longtime celebrity strongholds like Miami Beach’s North Bay Road and Indian Creek Island.

What This Means for the Coral Gables Market

The Weeknd’s pending purchase is poised to set a new benchmark for Coral Gables’ ultra-luxury real estate market. While $50 million–plus deals were once rare outside Miami Beach, recent closings and contracts show increasing demand for trophy waterfront properties offering privacy, acreage, and deep-water dockage.

Industry experts say the trend is being fueled by:

• Tax advantages — Florida’s lack of state income tax continues to attract wealthy buyers relocating from California, New York, and abroad.
• Unmatched waterfront lifestyle — Coral Gables’ canals and bayfront estates offer direct ocean access with the ability to dock superyachts, a rarity even in South Florida.
• Rising prestige — As more celebrities and executives move into Gables Estates and Old Cutler Bay, the area’s profile continues to climb.

With The Weeknd joining the neighborhood’s growing roster of A-listers, Coral Gables is fast cementing its reputation as the new luxury epicenter of Miami’s residential scene.

Jeremy Shockey’s Former South Beach Penthouse Listed “Raw” for $2.6M

A South Beach penthouse once owned by two-time Super Bowl champion Jeremy Shockey has just hit the market—but not in the way you might expect. Located at The Waverly at South Beach, Penthouse 01 is asking $2,599,000. What’s surprising is that the unit is being sold completely “raw”—stripped down to the studs, offering a blank canvas for a buyer with vision. While most penthouse listings in Miami Beach come move-in ready or with designer finishes, this one presents a rare opportunity to build out a fully customized residence from scratch. With sweeping 270-degree views spanning from South Pointe to North Miami Beach and 2,582 interior square feet, the potential is undeniable.

The penthouse includes three bedrooms, three bathrooms, two assigned garage parking spaces, and sits atop a full-service bayfront building offering amenities such as a swimming pool, tennis court, volleyball court, fitness center, business center, and more. At $1,007 per square foot, the price point seems fair for a top-floor unit in a waterfront building with unobstructed views—especially considering the current owner purchased the penthouse from Jeremy Shockey in 2018 for $2.4 million. The new listing price suggests that the seller will likely walk away with a loss, especially after accounting for demolition costs, taxes, and commissions—which is surprising given how much South Beach real estate skyrocketed between 2021 and 2023.

Jeremy Shockey, known for his standout NFL career as a tight end with the New York Giants and New Orleans Saints, won two Super Bowl championships and was selected to four Pro Bowls. During his time at the University of Miami, Shockey made headlines not only for his dominance on the field but also for his high-profile lifestyle. The fact that this penthouse is still making waves years after he sold it speaks volumes about his legacy.

For the right buyer—likely someone seeking to design a one-of-a-kind Miami Beach residence—the raw state of this penthouse is a major selling point, not a drawback. Whether it’s a Miami-based end user or an investor looking to create and flip a bespoke product, the listing is sure to attract attention—not just for its views and square footage, but for its connection to a Super Bowl champion and the rare opportunity it presents in today’s luxury market.

Miami Dolphins Quarterback Tua Tagovailoa Sells Davie Home Amid Ongoing Uncertainty

Miami Dolphins quarterback Tua Tagovailoa has sold his home in Davie, Florida, signaling a potentially pivotal moment in his personal and professional life. The 5,076-square-foot property, located at 10972 Pine Lodge Trail, closed this week for $2.6 million. Tagovailoa originally purchased the five-bedroom, four-and-a-half-bathroom estate in 2020 for just under $1.7 million, shortly after being drafted fifth overall by the Dolphins. The home, situated in the exclusive gated community of Grove Creek Ranches, features a lakefront lot, expansive pool area, and high-end finishes—ideal for a young NFL star starting his career.

While the sale is confirmed, public records do not yet indicate whether Tagovailoa has purchased a new home. However, sources suggest that he plans to remain in South Florida, especially following his recent four-year, $212 million contract extension with the Dolphins. The timing of the sale, paired with his growing family—he and his wife Annah now have two children—has led many to believe the move is part of an upgrade rather than a sign of departure. Still, given his tumultuous on-field trajectory and history of injuries, the decision has sparked speculation among fans and media alike.

Tagovailoa’s NFL journey has been marked by moments of brilliance shadowed by health concerns. Over the past two seasons, he’s dealt with multiple concussions and hip issues, leading to missed games and growing worries about his long-term durability. Though the Dolphins committed to him financially in 2024, the structure of his deal includes limited guarantees beyond the 2026 season—effectively putting pressure on him to prove he can remain healthy and perform at an elite level. Retirement rumors have circulated in the past, especially following a string of concussions in 2022 and 2024, but Tua has publicly dismissed the idea, stating it has “never crossed his mind.”

The sale of his Davie home—coupled with no new home purchase publicly disclosed—has led to renewed speculation about his future with the franchise. Some fans wonder if a trade or early retirement might be on the table, while others see it as a strategic real estate decision typical of athletes entering their peak earning years. It’s worth noting that Tagovailoa listed the home earlier this year for $3 million and accepted a slightly reduced offer, still yielding a solid return on investment.

Regardless of the intent behind the move, this marks a transitional phase in Tagovailoa’s life and career. He enters the 2025 NFL season with high expectations, a massive contract to live up to, and a fan base eager to see if he can deliver consistency. For the Dolphins, his performance this year could determine not just the trajectory of the team but the direction of the franchise’s long-term plans at quarterback. As for Tua, whether he’s simply upgrading his living situation or signaling deeper change, one thing is clear: all eyes are on him both on and off the field.

David “Big Papi” Ortiz Inks Deal for Luxury Condo at Ora by Casa Tua in Brickell

According to the New York Post, MLB Hall of Famer David Ortiz—affectionately known as “Big Papi”—is officially in contract to purchase a three‑bedroom, three‑bath condo at Ora by Casa Tua, a 76‑story luxury preconstruction condo tower in Brickell Miami. The unit spans 2,297 square feet of elegantly appointed interiors—including a study and library—with a sprawling 472-square-foot terrace, offering panoramic bay and city views. Though the exact purchase price remains undisclosed, comparable residences in the building range between $3.35 to $3.75 million.

Ora by Casa Tua is a visionary luxury development rising in the heart of Brickell. Developed by Fortune International Group in partnership with Casa Tua founder Miky Grendene, the 76-story tower is designed by world-renowned architecture firm Arquitectonica, with interiors curated by Italian design studio m2atelier. Scheduled for completion in 2029, the tower blends high-end residential living with Casa Tua’s signature hospitality and culinary excellence. Residents will enjoy a comprehensive suite of amenities, including two swimming pools—one on the 12th floor and another on the rooftop—wellness facilities with hammam, steam room, sauna, and a state-of-the-art fitness center. The building also features co-working spaces, social lounges, and a three-story sky park with lush gardens, yoga lawns, and art installations. At the heart of Ora is a dining experience curated by Casa Tua, offering four distinct concepts: Terra, a gourmet market and bakery; Uva, a two-level enoteca and Mediterranean restaurant; Fuoco, a globally inspired wood-fired grill; and Vento, a rooftop bar and lounge offering sweeping views and private dining options. Perfectly located at 1210 Brickell Avenue, Ora offers future residents walkable access to the financial district, fine dining, and the vibrant culture that defines Miami’s urban core.

David Ortiz is a celebrated MLB legend and Boston Red Sox icon. Over a 20‑season career, Ortiz amassed over 500 home runs and helped lead the Red Sox to three World Series titles, earning the 2013 World Series MVP. Inducted into the Baseball Hall of Fame in 2022, Ortiz continues making his mark — notably as an MLB analyst on ESPN, where he brings his signature charm and insight to broadcasts. Beyond baseball, his philanthropic efforts—especially through the David Ortiz Children’s Fund—highlight his ongoing commitment to community and charity.

Miami Heat’s Tyler Herro Lists Pinecrest Mansion

Miami Heat guard Tyler Herro seems to be making headlines both on and off the court this offseason. With the recent listing of his luxurious 8-bedroom, 9-bathroom Pinecrest mansion for $12.2 million, trade rumors surrounding the young star have reached a fever pitch.

The luxurious mansion, spanning 9,505 square feet, showcases its grandeur and elegance to potential buyers. Initially listed for $13 million in late April, shortly after the Miami Heat’s disappointing loss to the Boston Celtics in Game 1 of the Eastern Conference first round, the price was later reduced to $12.2 million, possibly reflecting strategic considerations or market dynamics.

This lavish estate boasts an array of amenities, including an outdoor kitchen and a “resort-style” pool, creating an ideal setting for relaxation and entertainment. Additionally, the home features an elevator, wine cellar, state-of-the-art kitchen, media room, summer kitchen, and cabana, embodying luxury and sophistication at every turn. Tyler Herro acquired this modern mansion in December 2022 for $10.5 million, setting a record for the highest sale in Pinecrest at the time of purchase.

Interestingly, Herro’s decision to list his mansion comes on the heels of his four-year, $120 million contract extension with the Miami Heat, signed just two months prior. With an additional $10 million in incentives, Herro’s lucrative deal underscores his value and potential in the NBA, further accentuating the significance of his mansion listing in the context of ongoing trade discussions and personal considerations.

Jeff Bezos Takes on the Magic City: Inside the Billionaire’s Move to Miami

Jeff Bezos, the trailblazing founder of Amazon and a pivotal figure in the e-commerce revolution, has announced a significant personal transition, opting to relocate to Miami, a city with deep familial ties. This move marks a return to his roots, as Bezos is an alumnus of Miami Palmetto High (’82) and has expressed a desire to be closer to his parents, who have recently moved back to the area.

Bezos’s decision also aligns with strategic shifts in his professional endeavors, particularly the increasing focus of his aerospace company, Blue Origin, on operations in Cape Canaveral. His investment in Miami real estate is substantial, with recent acquisitions on Indian Creek Island totaling over $140 million, signaling a long-term commitment to the region.

This relocation is not just a personal homecoming but also a strategic positioning within a burgeoning hub of tech and finance. Miami has recently welcomed a wave of tech industry leaders and financial magnates, including Paypal’s Peter Thiel and Citadel’s Ken Griffin, enhancing its reputation as a nexus for innovation and wealth.

For Bezos, whose net worth is estimated at $161 billion, making him the nation’s second-wealthiest individual, this move is a blend of personal nostalgia and forward-looking business strategy. His journey from a Cuban immigrant family to the pinnacle of global business underscores a remarkable American narrative of ambition and achievement.

As Bezos transitions to his new Miami base, he brings with him not only his business acumen but also a history of transformative ideas, from his early musings on space colonies to his tangible steps toward space travel with Blue Origin. His move is a testament to Miami’s allure and its rising status as a haven for the world’s elite in technology and finance.

For hedge fund managers and investors, Bezos’s relocation is a signal of Miami’s increasing importance as a financial and cultural hotspot, worthy of attention for both personal and professional considerations.

Miami Heat Victor Oladipo Just Sold his Miami Beach Property for $7.8 Million

All-Star NBA player Victor Oladipo, recently sold his Miami Beach property. According to records, Oladipo sold the non-waterfront mansion at 65 South Hibiscus Drive for $9 million, two years after purchasing it for a then-record $7.8 million.

In 2021, Oladipo had just become a member of the Miami Heat and had just purchased the 6,500-square-foot house. According to records, the house was built in 2020 and has seven bedrooms, seven bathrooms, and one half-bathroom. It covers 0.3 acres, which according to Hogan is unusual for Hibiscus Island. According to Hogan, the house contains a pool, two master bedrooms, and a separate guest house.

Oladipo paid a sum that, at the time, set a Miami Beach non-waterfront home record, but that record was quickly broken when the area’s housing market experienced a price increase due to increasing demand. When a Sunset Islands home sold for $12.5 million in 2022, it set the record for the most money ever paid for a non-waterfront residence in Miami Beach.

According to Hogan, the most recent sale sets a Hibiscus Island price record for non-waterfront properties. According to Redfin, Oladipo listed the home in June for $10 million.

Throughout his 10-year NBA career, the two-time All-Star has sustained numerous injuries. He was transferred from the Heat to the Thunder in July, however, there is some talk that he might be moved again, according to Hogan. According to the Bleacher Report, Oladipo filed a lawsuit against his longtime manager, James Henderson, in June, accusing him of stealing $1.3 million from Oladipo and investing it in a condo and a nightclub.

Hogan stated that Oladipo wants to keep a “home base” in the Miami area and wants a bigger yard for his daughter even though his basketball future is uncertain. According to Hogan, they have been looking at homes in Pinecrest, a well-known inland hub for NBA players, as well as Weston, Davie, Southwest Ranches, and Pinecrest.

Earlier last month, Jason Richardson, a retired NBA star, paid $6.3 million for a house close to Olympia Heights. Jimmy Butler, a member of the Miami Heat, purchased a South Miami house for $7.4 million in February of last year.

Gisele Bündchen Buys Southwest Ranches Estate

For $9.1 million, supermodel Gisele Bündchen just bought a magnificent house in Southwest Ranches. The 7.5-acre property has a guest apartment, a 9-bed, 9-bath residence with 5,183 square feet, and state-of-the-art equestrian facilities.

With a fireplace and a floating glass staircase, the home’s open-concept living area is exquisite. The master bedroom on the first level has a great walk-in closet, a separate sitting area, and a private bathroom.

The gourmet kitchen has a built-in bar, a large island with breakfast bar, integrated refrigerator and oven, and Italian Calacatta quartz worktops.

Beautiful lighting, complex pergolas, and an infinity pool with a hot tub with fountain water elements can all be found outside. There are also tennis courts, a soccer field, an infinity pool, 10 spacious horse stalls, and an outdoor kitchen with a hibachi grill, pizza oven, BBQ, and wine fridge.

In February 2022, Gisele Bündchen paid $1.25 million for a modest three-bedroom, three-bathroom home in Surfside, a community between Bal Harbour and Miami Beach.

This residence appears to be smaller among those Bündchen formerly occupied with her soon-to-be ex-husband, at only 1,540 square feet. It is still unclear whether she plans to remodel the interior of the home.

The Art Deco-style cottage, which is only a few blocks from the beach, has white walls and hardwood flooring in all of its common areas. Stainless steel appliances, white cabinets, and a marble waterfall island are all featured in an open-concept kitchen that flows into the living room with ample space for entertainment and comfort.

Two large windows line the modest primary bedroom. The main bathroom has white brick walls and farmhouse-style hardware in a rich gold color, as well as a glass-enclosed stand-alone shower. The little backyard is home to a grassy lawn and a small tiered patio.