Golf Outing Tickets

The Real Deal Miami

CEO to CEO: Lennox Hotels top gun sells Gables mansion to tech mogul

Ingram Micro CEO Alain Monie bought the waterfront property
By Katherine Kallergis | March 06, 2018 12:30PM

9320 Balada Street and Alain Monie

Argentinian hotelier Diego Agnelli just sold his Coral Gables estate for $8.1 million.

Agnelli, CEO of Lennox Hotels, sold the seven-bedroom, 8,000-square-foot home at 9320 Balada Street to Alain Monie and Dominique Leydis Monie, according to property records. Alain Monie is CEO of Ingram Micro, a publicly traded information technology company, and is a former Amazon board member.

Agnelli transferred ownership of the waterfront mansion in July to Fijado LLC, a company controlled by him. The property includes 140 square feet of water frontage, a 100-foot dock with a boat lift, a wine cellar, infinity pool and summer kitchen, and a four-car garage. Saddy Delgado of One Sotheby’s International Realty represented the seller. Tere Shelton Bernace of Shelton and Stewart Realtors LLC represented the buyer.

The house hit the market in December 2016 for $10.5 million, which means it sold at a nearly 23 percent discount. The price was later reduced to $9.5 million, according to Redfin.

Records show Agnelli paid $5.5 million for the Old Cutler Bay home in 2012, the same year it was built. The house sits on a 22,400-square-foot lot.

The hotelier also owns the Peter Miller Hotel, a Lennox property being redeveloped at 1900 Collins Avenue.