The Real Deal Miami

Bacardi family member lists new Cocoplum estate for $27M

12-bedroom estate took eight years to build

August 26, 2016 12:50PM

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Hilda Maria Bacardi (via Facebook) and her Cocoplum estate

Hilda Maria Bacardi (via Facebook) and her Cocoplum estate (via Estately)

The great, great granddaughter of Bacardi founder Facundo Bacardí Massó has listed her newly completed waterfront Cocoplum estate for $27.26 million.

Hilda Maria Bacardi first put the 12-bedroom estate on the market while it was under construction. Luisa Mendoza of Esslinger Wooten Maxwell had the property on the market for $18 million at the time.

Now that it’s completed, the 21,000-square-foot, three-story mansion is being listed by Douglas Elliman’s Barbara Estela, Ysha Arteaga and Hilda Jacobson after taking about eight years to build, according to the Wall Street Journal. Estela told the newspaper that the owner is listing the Coral Gables property because “another opportunity arose.”

The 1.3-acre estate, at 300 Costanera Road, includes a 100-foot dock, 400 feet of waterfront, a swimming pool, wine cellar and catering kitchen, as well as a two-bedroom guesthouse.

Records show Bacardi bought the property in 2002, but it’s unclear how much she paid. It was completed in May.

Other pricey listings in Coral Gables include auto magnate Alan Potamkin’s Gables Estates home, a 3.6-acre property on the market for $49 million.  [WSJ] – Katherine Kallergis