The Real Deal Miami

Equestrian estate in Horse Country hits the market

It last sold for $2.35M out of foreclosure in January

July 23, 2015 05:15PM
By Katherine Kallergis

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12355 Southwest 51st Street in Miami

12355 Southwest 51st Street in Miami

A Mediterranean-style villa and equestrian estate in Miami’s Horse Country was listed for $3.67 million, The Real Deal has learned. 

The five-acre property at 12355 Southwest 51st Street features a 11,877-square-foot home, a royal palm tree-lined driveway, a blue-glazed tile roof and a grand porte cochere entry, according to Avatar Real Estate Services cofounder and Realtor Toni Schrager. Schrager is the listing agent.

Horse Country is the 640-acre area between Southwest 40th Street and Southwest 72nd Street, and Southwest 118 Avenue and Southwest 127 Avenue in Kendall. Schrager, a horse enthusiast and owner of a ranch in the area, has said that horse country is unknown to most.

The home’s interiors include a two-story foyer, marble floors, gourmet kitchen with antique-glazed cabinetry, a gym, resort-style pool, covered terrace, and a pond complete with a bridge and two waterfalls.

It was built in 2006 and last sold for $2.35 million out of foreclosure in January, according to Miami-Dade County property records. An affiliate of Wexford Capital, a Greenwich, Connecticut-based investment firm, is the owner, corporate records show.

The property has the potential for expansion, and also features equestrian amenities ranging from an 8-stall stable to a riding ring, according to Avatar.