Latin Singer and Songwriter-Marc Anthony Sells Coral Gables Mansion for $22.4 Million

Three-time Grammy Award Winner and Jennifer Lopez’s ex-husband, Marc Anthony has sold his Coral Gables, Florida mansion! The expansive 12 bedroom estate sold for $22.4 million on May 18, 2021. The ‘Barcadi-developed’ mansion is located at 300 Costanera Road in Cocoplum with 21,000 square feet of expansive living space.

The estate is set on a 1.3-acre corner parcel with 480 feet of water frontage. It was originally designed by Rafael Portuondo. The great, great grandaughter of Barcadi Founder, Hilda Maria Bacardi, sold the estate to Anthony in 2018. The original construction took eight years to complete and Bacardi oversaw the entire process.

The three-story mansion was originally listed in 2014 before construction was even completed. The original price was $18 million. The sellers increased the price to $27 million in 2016, which was the year the construction was completed.

The gorgeous estate features an expansive wine cellar, swimming pool, staff quarters, 3 kitchens, and direct access to Biscayne Bay. The new buyer has not yet been listed in the tax records.

Marc Anthony also referred to as Marco Antonio Muñiz, is a singer, songwriter, actor-producer, and philanthropist. He is also the top-selling salsa artist of all time and holds a Guinness World Record for best-selling tropical/salsa artist. He has also received 6 Latin Grammy Awards and is also the recipient of the 2009 Congressional Hispanic Caucus Institute Lifetime Achievement Award.

J. Michael Arrington-Founder of TechCrunch Buys Waterfront Home for $16 Million

In April 2021, J. Michael Arrington, Founder of TechCrunch, stated that “there is no better place to be than Miami.” So it is of no surprise that Arrington just closed on a waterfront property in Miami last Friday.

With a cool price of $16 million, this gorgeous home is located in Miami’s gated community of Old Cutler Bay has all the amenities that one could need. The gorgeous six bedroom home is perfectly sited on half of an acre with 140 feet of waterfront. This property is not limited in amenities! From the pool, wooden deck, coral rock fire pit, to the summer kitchen, it is absolutely stunning.

The home was built in 2015 and designed by Florida architect, Cesar Molina. The 8,300 square foot home is complete with 6 bedrooms, 7.5 bathrooms, wine cellar, home theater, gym, and custom kitchen.

According to the Miami MLS, this property was originally listed in April with a price of $16.5 million. According to tax records, the sellers purchased the property for $10.4 million in November of 2018. According to the listing agent, properties in this neighborhood typically sell for over $10 million but this has been the highest sale price ever for this neighborhood.

J. Michael Arrington is the founder of the popular tech review website, TechCrunch and a cryptocurrency hedge fund, Arrington XRP Capital. Techcrunch which operates Crunchbase, was founded in 2005 starting off as an online encyclopedia with information on key people, funding rounds, and startups’ information. TechCrunch was later acquired in 2010 by AOL for $25 million.

Treasure Hunter’s Paradise: The Site Of Pablo Escobar’s Miami Beach Home Is For Sale

If you’re into hunting for treasure and have $16 million to spare, you can buy the site of Pablo Escobar’s former Miami Beach Home!

That’s right, the infamous drug kingpin was known for burying his riches in the yards of his various houses or hiding things in the walls of his estates. Two safes have already been found in the yard at 5860 North Bay Road, although they have not yet been opened and most of the 30,000 square foot lot has yet to be excavated. The lot also has 150 feet of bay frontage with Downtown Miami skyline views, so it is almost certain that unspeakable things were coming and going from the estate on the regular.

Escobar purchased the estate in 1980 for $762,500 and then lost it to a US Government seizure in 1987. After years of falling into disrepair, the CEO of Chicken Kitchen purchased the property for $9.65 million in 2014. The fast food scion is apparently a bad boy in his own right, he was named in the recent release of the Panama Papers, although maintains his innocence.

Not long after purchasing the property, the owner razed the existing structure placed the lot on the market for a whopping $21 million (which he did not get). After several price reductions and marketing re-launches, it now sits on the market for $15.9 million.

According to a recent article on Realtor.com, one of the two safes that was found during the demolition of the home was stolen. The other is still around, but will likely be opened on a televised documentary that is currently being produced. The existing safe weighs between 600 to 700 pounds.

The seller also told the reporter that he had professional treasure hunters take a look at the lot. They reported lots of subterranean “activity,” particularly under the 100 year old banyan tree, so if you would like to go farming for riches and yayo, let’s make a deal! Even if you don’t find anything, you could also build a history-making home of your own on the gorgeous lot.

Art Basel Special: Top Miami Trophy Properties Day 4

Now that he has been released from the Miami Heat due to his health problems, it appears Chris Bosh is taking both his talents and his family out of South Beach. He has listed his North Bay Road home on the market for $18 million.

The home was built in 2009 and purchased by the Bosh family in 2010 for just over $12 million. It features ultra-high ceilings (a necessity for the family with a 6 foot 11 patriarch), heated pool, summer kitchen, elevator and guest house. Overall, the home has nearly 12,000 square feet of interior living area with spacious, airy rooms and wide open bay views to the west so that the owners and guests can enjoy Miami’s famous sunsets over the Downtown and Brickell skyline.

Have a scroll through all 45 photos of the manse, we bet that the Bosh family is sad to part with this lovely home!

Gorgeous Spec Home at 6440 North Bay Road Reduces Price to $26,950,000

After a brief hiatus, the newly constructed spec home at 6440 North Bay Road has returned to the market with a $2 million price chop, asking $26,950,000. The home has 15,519 interior square feet with 7 bedrooms and 9 baths.

The tropical-zen inspired home blends contemporary interiors with the outdoors and features sliding glass walls throughout much of the space. There is an office, gym with outdoor yoga area, a theater and a separate 2 bedroom guest wing with a private staircase and dedicated terrace and living area.

Outdoors, there is a separate cabana with retractable canvas awning surrounded by tall, mature landscaping and infinity-edge pool. The lot features 100 feet of bay frontage with a wooden dock.

The North Bay Road home was developed by Peter Fine’s To Better Days Development, that is based in New York. Have a look at the MLS photos below..

Latin Singer-Songwriter Ricardo Montaner Lists Miami Beach Home For $11M

Ricardo Montaner, the South American singer-songwriter who is famous for singing love songs. Over the course of his 30+ year career, he has sold over 22 million albums and I want to sing 22 million love songs to his Miami Beach waterfront estate, which hit the market this week for $11 million.

I showed this Miami Beach luxury home several years back, when it was being quietly offered as an off-market deal and there is just something special about the place. The property is located at 4950 Pinetree Drive in Miami Beach. It is a corner lot on a secluded part of the street that is extremely quiet despite being in the middle of Miami Beach. Because the house osits on a 46,000 square foot corner lot, the estate boasts a whopping 400 linear feet of water frontage!! That’s more than most condo developments!

The house owned by Ricardo Montaner was constructed in 1939 and could use a bit of modernization but is absolutely stunning. There is a gorgeous atrium that I could imagine having fabulous dinner parties in, or a romantic dinner for 2 in a setting so disgustingly romantic, it would be fit for The Bachelor TV show. The poolside cabana is large enough to be a single family home of its own, with a rooftop observation deck.

Overall, the house has nearly 8,000 square feet of living space under a/c with 8 bedrooms, 7 bathrooms and 1 half bath. Sadly, I did not see the Ricardo Montaner home on the list at the Miami Beach Historic Preservation Board. I’ll be praying that whoever is the ultimate buyer of the property doesn’t destroy this gem to make way for a gauche McMansion with drop ceilings in the gameroom.

Bloomberg Calls Kobi Karp Miami’s Mega-Mansion Architect of Choice, Apparently

If you’re involved in the Miami architecture or real estate scene, then you probably have an opinion about one of its most prolific architects, Kobi Karp. Love him or hate him, his work is everywhere, including some of the most massive houses designed in Miami and Miami Beach in the last five years. Is he the the Stanford White of modern day Miami? Ha! No. But Bloomberg interviewed him, in an article published today, calling him Miami’s “mega mansion architect of choice.” The article is about all the over-the-top amenities that many of Miami’s richest homeowners want in a brand new stucco castle by the bay, and in that sense Kobi probably is the expert. Here are some of his most memorable quotes:

“What became apparent is that the individuals coming to Miami wanted a home that didn’t exist.”

Photos via Kobi Karp.

“Some people who have a lot of entertainment, a lot of parties, they want to break away [to the rooftop where] you’re the VIP, you’re up above the treetops…They might have a plunge pool or jacuzzi, but certainly a summer kitchen [and often seating elements called] waterproof poufs.”

“Nobody [in Miami] wants to see a light fixture, unless it’s decorative.”

“Ninety percent of my houses have elevators. When you’re a little bit old, or a little bit drunk, an elevator really helps.”

And not to mention that he always likes to include a poolside “cabana or casita.”