Andian Group, led by Alejandro Diaz-Bazan and Andres Isaias, bought a waterfront Miami Beach estate for $19 million in an off-market deal, The Real Deal has learned.
The spec home developers purchased the 12,394-square-foot mansion on a 1-acre double lot at 6385 Pinetree Drive Circle from 6385 PTDC LLC, according to Diaz-Bazan. The selling entity is managed by Gavin Werbeloff.
Property records show the selling entity, 6385 PTDC LLC, bought the estate in 2016 for $19 million. The house was listed for $22.5 million in 2018, according to Realtor.com.
Howard Marcus with Douglas Elliman represented the seller, and Diaz-Bazan of Coldwell Banker’s The Jills Zeder Team represented the buyers.
The home has nine bedrooms, 11 full bathrooms and two half-bathrooms. According to Diaz-Bazan, the house has been remodeled and expanded since it was built in 1937. It includes a 22,000-gallon pool, a spa, koi pond, gym, wine cellar, library and a safe room. The property also features a two-bedroom guest house, two guest apartments and 175 feet of direct water frontage with a 100-foot dock, Diaz-Bazan said.
Andian Group has built spec homes in Miami Beach in the past, and sold a waterfront mansion on North Bay Road in February for $23.7 million.
Isaias said that he was not sure what the plans will be for the Pine Tree Drive Circle mansion other than renovating it, but did not provide specific alterations.