The Real Deal Miami

Wealth manager behind buyer of waterfront Key Biscayne home for $7M

6,500 sf home was last listed for rent in June: $35,000 a month
By Katherine Kallergis | February 23, 2016 10:30AM

161 Cape Florida Drive in Key Biscayne

161 Cape Florida Drive in Key Biscayne

A modern, two-story home in Key Biscayne has traded hands for $7 million, county records show.

Floridson Inc., a Coral Gables-based company managed by Thierry and Richard Philippe, sold the property to Soube LLC in mid-February. The buyer is managed by Cristina Behrens, a wealth manager.

The 6,500-square-foot home, at 161 Cape Florida Drive, was built in 1983 and recently renovated. It includes four bedrooms, four bathrooms and one half-bath. According to a listing from June, the home features floor-to-ceiling windows, glass doors, an enclosed courtyard, pool, wet bar, outdoor grill, maid’s quarters and an industrial kitchen with high-end appliances.

The 14,500-square-foot property faces a canal. While the Key Biscayne home was not listed for sale, it was listed for rent in June for $35,000 a month. The home last sold for $2.3 million in 2000.

Behrens is a regional director for Russell Investments, which is based in Southern California, according to her LinkedIn profile. Soube LLC assumed the $7.05 million mortgage from the seller, county records show.

In December, the former Matheson estate at 775 South Mashta Drive sold for $47 million, marking the most expensive residential sale in Key Biscayne’s history. The mansion sold for $4,052 per square foot. And in February, the same buyer purchased the property next door for about $12 million.