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

5400 Hammock Drive, Coral Gables, FL, USA & 5400 Hammock Drive, Coral Gables, FL, USA

$7,950,000

$462/SF

Building Size

17,200 SF

Asset Type

Single Family Residence

Closing

Dec 5, 2019

AI

The property involved in this transaction is a single-family residence located at 5400 Hammock Drive in Coral Gables. The property has a total square footage of 8,600 and was sold for a price of $7,950,000. The price per square foot was calculated to be $924.

Summary of transaction details

Property Type: SFR
Transaction Amount: $7,950,000
Market: Coral Gables
Seller: Balli Development Group - Giorgio Balli
Buyer: Timbaland (Timothy Z. Mosley)
Brokers: Stefano Balli - Compass, Toni Schrager, Sandra Metrakos - Brown Harris Stevens

The seller of the property was Balli Development Group, represented by Giorgio Balli. The buyer was Timbaland, also known as Timothy Z. Mosley. The deal was facilitated by brokers Stefano Balli from Compass, and Toni Schrager and Sandra Metrakos from Brown Harris Stevens.

Players