Bitcoin investor closes on priciest Miami home following Hurricane Irma

Miami /
Sep.September 21, 2017 10:45 AM

Bitcoin investor and enthusiast Michael Komaransky just paid $7.55 million for a waterfront spec mansion in Coconut Grove, marking the most expensive home sale to close in Miami-Dade County post-Hurricane Irma.

Property records show the internet currency advocate bought the 9,800-square-foot, five-bedroom house at 3604 Matheson Avenue. The seller is 3604 Matheson Holdings LLC, led by Mariannie Cordovez and Rene Brillembourg. Silvia Boschetti of BH Realty was the listing agent.

The closing was scheduled for Tuesday following Hurricane Irma’s landfall in the Florida Keys, but was postponed to Friday, Sept. 15, said Brown Harris Stevens agents Carol Cassis and Stephan Burke of the Cassis-Burke Collection. They represented Komaransky, whom they declined to name.

It’s the highest sale to close to date, they said.

“The buyer was not in Miami for the previous week, at least…. He was watching CNN and he was a little concerned,” Burke said. Komaransky listed his non-waterfront mansion at 7350 Southwest 47th Court in August for just under $6.5 million.

But the house, which was completed this year, is roughly 40 feet high and only five homes away from the open bay. The living area starts on the second floor.

Coconut Grove, along with areas like Brickell, experienced some of the worst storm surge due to Irma. But the agents said all of the homes on the street were built after Hurricane Irma, and there was no damage to the spec house.

Residential agents across South Florida are now tasked with marketing coastal properties after buyers around the world watched parts of the region flood due to storm surge, cranes collapse and trees topple over.

“We call it a storm. The other word is a bad word in our business,” Burke said.

The canal-front mansion was listed for $8.5 million, then reduced to just under $8 million. It fronts a canal.


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