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Residential
South Florida

Brazilian beverage heiress sells waterfront Hibiscus Island home

Daniela Schincariol swapped her Miami Beach pad for a Turnberry Ocean Club condo in Sunny Isles

Xcellence Realty's Carol Goulart with 102 South Hibiscus
Xcellence Realty's Carol Goulart with 102 South Hibiscus (Google Maps, Getty, Compass)
By
Feb 28, 2023, 4:30 PM

 A Brazilian beverage heiress sold her waterfront Hibiscus Island home in Miami Beach for $9.3 million, after buying a Turnberry Ocean Club condo in Sunny Isles Beach.

Records show Manada House LLC, a Florida entity managed by Daniela Schincariol, sold the house at 102 South Hibiscus Drive to a trust named for the address. Local attorney Mark Fried signed on behalf of the buyer. 

Carol Goulart of Xcellence Realty had the listing, and Talita Pinheiro of Compass is the co-listing agent. They declined to comment on the buyer and seller, but confirmed that the buyer did not use a broker. The buyer is local and a friend of the seller, according to Pinheiro.

Schincariol provided the buyer with $3.3 million in financing, records show.

Schincariol is a scion of the Schincariol beverage family. The family’s namesake company was founded in 1939 and became one of Brazil’s biggest purveyors of all kinds of drinks, alcoholic and not. The company brews Nova Schin, one of the biggest Brazilian beers on the market. Japan-based Kirin Holdings bought Schincariol for $2.6 billion in 2011, Reuters reported. Following that sale, Forbes listed Schincariol and her cousins among the wealthiest Brazilians in a 2012 ranking. Heineken later bought Schincariol from Kirin for €664 million ($557.8 million) in 2017, according to published reports.

Records show Schincariol paid $7.4 million for a 3,300-square-foot, four-bedroom, five-bathroom condo at Turnberry Ocean Club in Sunny Isles Beach in December.

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She bought the Hibiscus Island home in 2016 for $7 million, records show. The property spans less than 0.3-acres, with 60 feet of waterfront, according to records and Goulart. Built in 1948, the 4,500-square-foot house has five bedrooms, six bathrooms, and one half-bathroom, records show. Recent renovations include new flooring, windows and doors, and a new kitchen, the brokers said.

The final sale price fell $5.7 million below the initial $15 million listing price from September, Redfin shows.

“It’s not the same as it was in the summer,” Pinheiro said.

Miami Beach’s Hibiscus Island was a hot spot last summer, before the South Florida market began cooling from its pandemic frenzy. 

Pascal Nicolai’s Sabal Development sold a waterfront Hibiscus Island spec home for $16 million in July. That same month, Laurent Groll and his partners flipped a vacant waterfront lot for $14 million, after paying $10.7 million for it a month earlier. A shipping mogul bought a waterfront Hibiscus Island teardown for $17.5 million in May.