Potamkin’s Coconut Grove PH sells for $8M

Nearly 7K sf unit had been on and off market for three years

TRD MIAMI /
Apr.April 29, 2015 04:30 PM

Claudia Potamkin, the ex-wife of South Florida auto magnate Alan Potamkin, has just sold her Coconut Grove penthouse for $8.1 million, The Real Deal has learned.

Unit 3102 at Grovernor House was originally put on the market in 2012 with an asking price of nearly $10 million.

It was first purchased by Alan Potamkin in 2007 for $6.3 million. He then transferred ownership to Claudia in 2010, right around the time that their divorce battle began heating up.

Potamkin bought the 6,920-square-foot residence raw, with its only remarkable feature being a 270-degree view from Biscayne Bay to Coral Gables.

Claudia took charge of making the unit a home and brought on the design firm Holmes, Newman & Associates to help her do it, the South Florida Business Journal reported in 2012. She removed the dropped ceiling to add space, rearranged walls and put in all-new flooring.

The unit’s centerpiece is its expansive master bedroom, complete with an office and massive walk-in closet.

In total, it has five bedrooms and six-and-a-half bathrooms, staff quarters with separate entrances and a 2,000-square-foot balcony, according to the listing.

Claudia Potamkin put the unit up for sale in 2012 because she wanted to downsize, the South Florida Business Journal reported. Three years after hitting the market — and roughly $1.9 million short of its original ask — Potamkin has closed the deal on her airy penthouse in the Grove.

The buyer is Andres E. Toro, who also owns unit 1902 in Grovernor House.

Coldwell Banker’s The Jills had the listing. The Jills did not immediately respond to calls for comment.


Related Articles

arrow_forward_ios
La Social’s original location at 7601 Biscayne Boulevard (Credit: Google Maps)

The Weekly Dish: La Social to open in downtown Miami, Salt & Straw is going to Wynwood 25 & more

Daily Digest Miami

Quiksilver signs a lease in Miami Beach, Delray Beach’s Atlantic Crossing announces first retail and office tenants: Daily digest

Daily Digest Miami

54-story Turnberry Ocean Club tops off, Flagler streetscape project to break ground: Daily digest

Mike Fernandez and Park Grove (Credit: Wikipedia)

Miami billionaire Mike Fernandez flips PH in Coconut Grove

David Martin and the site at 2655 South Bayshore Drive (Credit: Realtor)

Terra closes on $185M construction loan for latest Coconut Grove project

From left: Dion Waiters, James Johnson, Erik Spoelstra, Dwayne Wade, LeBron James, Chris Bosh and Hassan Whiteside (Credit: Getty Images, iStock, Wikipedia Commons)

Heat Map: Here are the homes of Miami Heat’s elite

Javier Lluch and Glasshaus in the Grove

Glasshaus in the Grove lands construction financing

Alex Rodriguez and the Grove at Grand Bay (Credit: Getty Images)

A-Rod scores new home base for his investment company

arrow_forward_ios