The transaction involves a vacant waterfront lot located at 185 Solano Prado in Coral Gables. The property spans 35,200 square feet and was sold for $18,150,000, placing the price per square foot at approximately $516. The lot is notable for its prime real estate location, often referred to as "the Beverly Hills of Miami."

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $18,150,000
• Address: 185 Solano Prado
• Market: Coral Gables
• Lot Size: 35,200 SF
• Price Per sq. ft.: $516
• Buyer: Katelyn Warshaw & Paul Warshaw
• Seller: Danile Wall - affiliated with Sashimi Properties LLC
• Buyer's Representative: Shana Willinsky Molina - 44 Real Estate Group
• Seller's Representative: Antonio Merkarek - Fortune Christie’s International Real Estate

Paul and Katelyn Warshaw acquired the property from Danile Wall, who is affiliated with Sashimi Properties LLC. The transaction was facilitated by representatives Shana Willinsky Molina and Antonio Merkarek, denoting the involvement of distinct real estate agencies in this high-value deal. The property had been sold previously for $16 million in 2022, further highlighting the increasing demand for upscale land in the area.