Lou Groll Investments LLC Acquires Single Family Home On Venetian Islands In Miami Beach For $13.7M

A single family home located in Venetian Islands, Miami Beach, has been sold for $13,700,000. The property, measuring approximately 4,816 square feet, was purchased by Lou Groll Investments LLC, represented by Paul Groll. The sellers of the property were Gloria and Emilio Estefan. The transaction was facilitated by brokers Jill Eber and Jill Hertzberg from The Jills Zeder Group at Coldwell Banker. The sale price of $13,700,000 reflects a price per square foot of $2,845.

Summary of transation details

• Property Type: Single Family
• Transaction Amount: $13,700,000
• Market: Venetian Islands, Miami Beach
• Buyer: Lou Groll Investments LLC - Paul Groll
• Seller: Gloria & Emilio Estefan
• Brokers: Jill Eber & Jill Hertzberg - The Jills Zeder Group - Coldwell Banker
• Lender: London Financial
• Square Footage: 4,816
• Price Per Square Foot: $2,845

London Financial served as the lender in this transaction.