Jill Hertzberg, who shares a list with Jill Ever of the Jill Zedder group of Coldwell Banker Realty, completed a six-bedroom house in 1996 with the help of an Italian craftsman who was airlifted for the project. I said I did. The Mediterranean look is covered in ivy and the rear patio has stone columns and freestone arches.

Accommodation also includes a courtyard with a fountain, a wood-paneled library, an office with a ceiling, a gym, a formal dining room, an outdoor infinity pool, a Jacuzzi and a fire pit.

Hertzberg and Eber declined to comment on questions relating to the seller. According to property records, Perez purchased the site from Coral Gables for $ 1.45 million in 1994. Perez is the CEO of an Affiliate Group, a leading real estate development company in the Miami area. (This has nothing to do with a New York-based affiliate.) Perez declined to comment.

Coconut Grove, like nearby Palm Beach and Miami Beach, has seen a significant upturn in high-end real estate activity over the past two years, Hertzberg said. Much of the work in South Florida has been carried out by wealthy people on Wall Street buying real estate during the pandemic. The Wall Street Journal reported … “It got explosive,” Hertzberg said.

Records show Perez owns another property in Miami, and the penthouse in the One Ocean luxury condominium was purchased for $ 4.2 million during construction, the Wall Street Journal reports. Pricing Nearly half later, the Miami market is deadlocked Before the pandemic. Zillow shows that it pulled out of the market last year.

Write to Catherine Clark [email protected]