Manufacturing CEO sells Gables Estates mansion for $12M

The estate sits on a 1.62-acre lot and has six bedrooms, five bathrooms and two half bathrooms

Nov.November 07, 2019 03:30 PM
601 Leucadendra Drive (Credit: Zillow)

601 Leucadendra Drive (Credit: Zillow)

The head of a manufacturing distribution company sold his Gables Estates mansion for $11.5 million, property records show.

Aurelio Leyva and Lilliane Levya sold the 9,640-square-foot house to Famas LLC, a Delaware company with an address listed at 1200 Cartagena Avenue in Coral Gables.

The home sold for $1,192 per square foot. The 1.62-acre property includes a tennis court and over 300 feet of water frontage. The house, built in 1982, has six bedrooms, five bathrooms and two half bathrooms.

Aurelio Leyva is the president and CEO of a Miami-based manufacturing company called CE.

The house was most recently listed in July for $15.9 million, according to It was last purchased in 2015 for $9.5 million, records show.

The listing includes plans for a 15,000-square-foot house designed by architect Cesar Molina. The spec home was on the market for $35 million.

In 2015, the Levyas sold a 1.23-acre vacant lot on Arvida Parkway to healthcare billionaire Mike Fernandez for $9.5 million.

Gables Estates is a high-end gated community in Coral Gables. In July, the Cisneros family of Venezuela sold their Gables Estates property at 555 Leucadendra Drive for $23 million. In May, the estate at 41 Arvida Parkway – once listed for $68 million – sold at auction for $25.5 million.

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