La Brisa mansion back on the market for $47.5M

Miami /
Nov.November 20, 2015 04:00 PM

Once the most expensive mansion listing in Miami-Dade, La Brisa is back on the market, this time for $47.5 million. 

Nelson Gonzalez of Esslinger Wooten Maxwell is listing the 6.9-acre estate at 3551 Main Highway. William P.D. Pierce of Coldwell Banker Residential Real Estate was its former listing agent when it was on the market for $65 million last fall to when Pierce dropped the price to $55 million in July. It was taken off the market in October.

“The owner really wanted to list it in the mid-50’s, but the broker wanted the most expensive listing in Miami-Dade County,” Gonzalez told The Real Deal.

Gonzalez said he is marketing the property as an estate and as a development site, suggesting townhouses or single-family homes, “because it’s 6.9 acres in the heart of Coconut Grove.”

La Brisa, a waterfront, Mediterranean-style, nine-bedroom, 16,500-square-foot estate, 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 and has 208 feet of bay frontage.

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. A trust in his name owns the property.

Coconut Grove has seen a resurgence in commercial and residential activity. In May, CocoWalk sold in a deal valued at $87.5 million. And new luxury condo developments like Park Grove and Grove at Grand Bay are currently under construction in the area.

“There’s nothing out there right now that’s even half of the square footage of this lot,” Gonzalez said.


Related Articles

arrow_forward_ios
3187 Royal Road, Coconut Grove (Realtor)

Ransom Everglades sues developer Caroline Weiss over backyard boat dock

Ransom Everglades sues developer Caroline Weiss over backyard boat dock
Matthew B. Gorson and One Park Grove (Google Maps)

Greenberg Traurig chairman pays $7M for One Park Grove condo

Greenberg Traurig chairman pays $7M for One Park Grove condo
Kelly Beam, Ricky Trinidad , and 3265 Bird Avenue (Credit: Google Maps)

Miami developer Metronomic files for bankruptcy

Miami developer Metronomic files for bankruptcy
Mike Fernandez and Grove at Grand Bay unit 1901S (Getty, Lifestyle Production Group)

Miami billionaire Mike Fernandez sells Grove at Grand Bay condo

Miami billionaire Mike Fernandez sells Grove at Grand Bay condo
Map of condo sales and Grove at Grand Bay at 2675 South Bayshore Drive (Credit: Google Maps)

Miami condo sales rise in first week of September

Miami condo sales rise in first week of September
David Martin, Jorge Perez, and One Park Grove (Credit: Robin Hill)

Terra and Related pay off $112M construction loan for Park Grove condo tower

Terra and Related pay off $112M construction loan for Park Grove condo tower
Todd Michael Glaser and Rony Seikaly, with the home (Credit: John Parra/WireImage via Getty Images)

Tampa Bay Rays co-owner buys waterfront Miami Beach spec mansion for $14M

Tampa Bay Rays co-owner buys waterfront Miami Beach spec mansion for $14M
Vizcaya Museum and Gardens and Joel Hoffman (Credit: Robin Hill)

Vizcaya needs money to operate, launches $1M fundraising campaign

Vizcaya needs money to operate, launches $1M fundraising campaign
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...