The Real Deal Miami

Popeyes president buys Miami Beach home

Company said it was moving its US headquarters to Miami from Atlanta in August
By Katherine Kallergis | November 27, 2018 06:00PM

The Miami Beach home (Credit: One Sotheby’s International Realty and iStock)

A few months after announcing it was moving Popeyes Louisiana Kitchen’s headquarters to Miami from Atlanta, the president of the company is also putting down roots.

Popeyes’ President Alex Santoro paid $2.75 million for a five-bedroom, 4,193-square-foot house on Alton Road in Miami Beach, sources said. The seller is an LLC led by Carol Lavigne of Maine.

The deal marks the highest sale on Alton Road, according to a spokesperson for One Sotheby’s International Realty.

Ida Schwartz and Stephanie Doppelt with The Schwartz Team at One Sotheby’s represented the seller. Brown Harris Stevens Miami’s Stephan Burke and Carol Cassis of the Cassis Burke Collection represented the buyer. The agents declined to comment on the buyer’s identity.

The two-story home backs up to the La Gorce Country Club and includes a master suite, media room, and a pool with a waterfall. It was built in 1947 on a 9,635-square-foot lot and last sold in 2016 for $1.3 million. The house was listed for sale for $2.95 million.

Santoro has worked for Restaurant Brands International since 2015. The company acquired Popeyes last year, and is combining the U.S. operations of Popeyes and Tim Hortons with Burger King at the Blue Lagoon office park.