A waterfront estate located at 741 Buttonwood Lane in Miami has been sold. The property, spanning approximately 6,817 square feet, was purchased by Gabriela & Eduardo Marquez. The buying process was facilitated by Eli Faitelson from the Chad Carroll Group at Compass. The sellers, Meyers Leonard & Elle Leonard, were represented by Tomi Rose from Douglas Elliman. The sale price for the estate was $11,000,000, lower than the initial asking price of $13,000,000. This translates to a price per square foot of $1,614.

Summary of transaction details

• Property Type: Waterfront Estate
• Transaction Amount: $11,000,000
• Address: 741 Buttonwood Lane, Miami
• Buyer: Gabriela & Eduardo Marquez
• Buyer's Representative: Eli Faitelson - Chad Carroll Group - Compass
• Seller: Meyers Leonard & Elle Leonard
• Seller's Representative: Tomi Rose - Douglas Elliman

The deal, which closed on 20th December 2021, involved notable individuals in the real estate industry. Eli Faitelson played a pivotal role as the buyer's representative from the Chad Carroll Group at Compass. Meanwhile, Tomi Rose, a representative from Douglas Elliman, represented the sellers, Meyers Leonard & Elle Leonard. The transaction demonstrates the active real estate market in Miami, with properties such as this waterfront estate attracting a significant interest from buyers.