The Real Deal Miami

La Brisa mansion gets price cut: now listed at $55M

Coconut Grove estate dating back to the 1920s was previously priced at $65M

July 13, 2015 05:45PM

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La Brisa in Coconut Grove

La Brisa in Coconut Grove

La Brisa, considered the most expensive mansion in Miami-Dade County when it was listed last fall for $65 million, just took a $10 million price cut.

William P.D. Pierce of Coldwell Banker Residential Real Estate still has the listing, now at $55 million, according to the property’s website.

That price is now $12 million below the current top price for a Miami-Dade home: $67 million for auto magnate Alan Potamkin’s Coral Gables mansion. The 20,862-square-foot estate, at 1 Casuarina Concourse in Gables Estates, sits on a 3.6-acre lot that juts into Biscayne Bay. It is being listed by Coldwell Banker’s Jill Eber and Jill Hertzberg of The Jills.

According to Realtor.com, another mansion is also listed for $55 million: 775 South Mashta Drive, an 11,588-square-foot waterfront estate on Key Biscayne.

La Brisa, a Mediterranean-style, nine-bedroom, 13,803-square-foot estate on 6.9 waterfront acres, was originally constructed during the 1920s and recently went through a restoration. The mansion sits atop an ancient coral reef about 23 feet above sea level.

Features include 3,338 square feet of outdoor living space with several balconies and covered porches and a private port that can accommodate a 70-foot yacht.

La Brisa’s history dates back to 1886, when the land was deeded to children’s novelist Kirk Munroe.

“This is an extremely rare opportunity to purchase not just part of Miami’s colorful history, but to own [a] spectacular Hammock that rivals a private reserve in the heart of Miami’s famed Coconut Grove neighborhood,” Pierce, who is also marketing a Hillsboro Beach mansion for $139 million, said last fall. — Ina Cordle

 

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