Timbaland Acquires SFR In Coral Gables For $7.95M From Balli Development Group

The property involved in this closed transaction is a single-family home (SFR) located at 5400 Hammock Drive in Coral Gables. The property spans 8,600 square feet and was sold for a price of $7,950,000, resulting in a price per square foot of $924.

Summary of transaction details:

• Property Type: Single-Family Home (SFR)
• Transaction Amount: $7,950,000
• Address: 5400 Hammock Drive
• Market: Coral Gables

The seller in this transaction was Balli Development Group, represented by Giorgio Balli. The buyer was Timothy Z. Mosley, widely known as Timbaland. Stefano Balli from Compass, along with Toni Schrager and Sandra Metrakos from Brown Harris Stevens, served as the brokers in this deal.