Smell the roses: Bouquet boss sells waterfront Coconut Grove home with fresh price cut for $34M

Summer may be the slow season in South Florida, but price cuts are still getting deals closed. 

Ernst Swietelsky, a vase importer, sold his waterfront Coconut Grove home for $33.5 million, a steep discount from its $48 million listing price two years ago. 

Records show Swietelsky sold the house at 3080 Munroe Drive to Iremos Holdings, a Florida LLC. The true buyer is unknown.

Lourdes Alatriste and Fredrik Eklund of Douglas Elliman had the listing, and Eklund brought the buyer. 

The home was first listed with different agents for $28 million in 2017. Swietelsky, who founded the Miami Gardens-based vase and plant accessory importer Pots Company, upped the asking price to $48 million in 2022. 

With Alatriste and Eklund as the listing agents, he cut the price to $40 million in February, then $38.5 million in April before going into contract last month. 

Swietelsky bought the half-acre waterfront property in the gated Camp Biscayne neighborhood for nearly $880,000 in 1997, property records show. He built the 7,300-square-foot house in 2002, according to records. It has eight bedrooms, eight bathrooms, one half-bathroom, a pool, a 40-foot dock and spans 300 feet of bayfront, the listing shows. 

After a slow start to South Florida real estate’s busy season, price cuts led to big deals this spring, a trend that is continuing with Swietelsky’s sale. 

Camp Biscayne is a historic gated community in Coconut Grove, adjacent to the elite private school Ransom Everglades. In 2021, hedge funder Heath Freeman bought a mansion in the enclave for $19 million. 

Elsewhere in Coconut Grove, former Miami Marlins manager Kim Ng sold her house for $4.5 million in April. The Miami Heat’s Kevin Love bought a spec home for $9.5 million in January. In November, LeBron James’ former waterfront estate sold for $18.5 million.