The Real Deal Miami

Tech exec lists Tahiti Beach estate in Coral Gables for $20M

Alibaba invested in Fernandez's company last year
By Katherine Kallergis | June 16, 2017 05:15PM

12 Tahiti Beach Island Road. Inset: Charlie Fernandez

Miami businessman Charlie Fernandez just put his Tahiti Beach estate on the market for nearly $20 million.

Fernandez, CEO of eApeiron, and his wife Lauren Sturges-Fernandez, listed their nearly 1-acre waterfront mansion at 12 Tahiti Beach Island Road with Dora Puig of Luxe Living Realty, according to

Fernandez’s Miami-based startup made headlines when Alibaba invested in the technology company last year. He’s also co-founder and chairman of Kempstar Partners, a commodity trading firm, and was previously president and COO of Fairholme Capital Management, according to his bio.

Puig, who declined to name the owners, said the couple is looking to downsize and spent more time in New York. The six-bedroom, 10,441-square-foot home features views of downtown Miami, Key Biscayne and Biscayne Bay, she said. It was recently renovated and includes an office, movie theater, wine room, media room, pool deck, art studio and playroom, according to the listing.

Property records show Fernandez and his wife paid $9.2 million for the home in 2008. It was built in 1994 and has 127 feet of water frontage.

Puig compared the private 27-home neighborhood to Indian Creek. Last year, a mansion at 9 Tahiti Beach Island Road sold for $23 million.

According to, two other properties are listed for sale in Tahiti Beach: 2 Tahiti Beach Island Road for $10.8 million, and 20 Tahiti Beach Island Road for $19.8 million.