Quirch Foods Owner Selling Miami-Area Home Asking $47 Million

The owner of Quirch Foods inked a buyer for his waterfront Coral Gables mansion that’s on the market for $47 million, topping last week’s signed contracts report in Miami-Dade County.

The pending deal is one of 17 luxury home contracts signed countywide between April 6 and April 12, according to the latest Eklund-Gomes report.

The report tracks listings of homes and condos asking $4 million and up in Miami-Dade that are included in the Multiple Listing Service. The properties spent 153 days on the market, on average.

Thirty five luxury listings were added to the market, for a total of 1,230 listings.

The previous week, buyers signed 19 contracts for properties in Miami-Dade, asking a combined $157.5 million.

The asking dollar volume for the 12 single-family homes and five condos under contract last week totals $220.4 million, according to the report published by the Douglas Elliman team, led by Fredrik Eklund and John Gomes.

The single-family homes that entered into contract last week have an average asking price of $12.9 million and spent an average of 153 days on the market. They total $154.4 million in asking dollar volume.

Quirch Foods’ co-owner Guillermo Quirch III and his wife, Lisette, are selling the 8,000-square-foot, six-bedroom and nine-bathroom estate at 625 Reinante Avenue in Old Cutler Bay. Coral Gables-based Quirch is one of the largest food distributors in the U.S., Latin America and the Caribbean.The couple paid $5 million for the waterfront 0.6-acre property, records show. The house was completed in 2022. Dennis Carvajal of One Sotheby’s International Realty has the listing.

The second most-expensive property to enter into contract last week is the pending sale of the mansion at 1005 Fisher Island Drive. The Mansions of Fisher Island property, at 1005 Fisher Island Drive, is on the market with Dora Puig of Luxe Living Realty for $36.5 million. The nearly 11,000-square-foot home, with six bedrooms and nine bathrooms, is one of six custom homes being built in the Links Estates neighborhood of Fisher Island. Billionaire Jean Madar’s Madar Group and David Cohen are selling the home. The deal is expected to close in 18 months.

The condos that secured buyers last week have an average asking price of $13.2 million and spent 151 days on the market, on average. They total $66 million in asking dollar volume, or an average of $2,800 per square foot.

Last week in New York, buyers signed contracts for 38 homes, according to the latest Olshan report. Their combined asking price is more than $319 million, and the typical home spent 563 days on the market.