Michael & Tina Brooks Purchase Hillsboro Beach Mansion For $18.5M

The property involved in the transaction is a single-family mansion located at 1001 Hillsboro Mile in Hillsboro Beach. The mansion spans 12,640 square feet on 0.68 acres of land. It was sold for $18,500,000 at a price per square foot of $1,464. The sellers, Shauna Mirra and Raymond Mirra Jr., sold the property to buyers Michael and Tina Brooks. The property features six bedrooms and offers extensive oceanfront views. Raymond Mirra Jr., a pharmaceutical executive, originally purchased the mansion for $20.4 million in 2020, selling it at a loss from the initial listing price of $28 million.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $18,500,000
• Buyer: Michael & Tina Brooks
• Seller: Shauna Mirra & Raymond Mirra Jr.
• Buyer's Representative: John Putzig & Susan Nelson - Re/Max First
• Seller's Representative: Joshua Cosenza & Lourdes Maestres - Compass
• Square Footage: 12,640
• Market: Hillsboro Beach
• Note: The sale price of $18.5 million represents a decrease from the $20.4 million paid by Raymond Mirra Jr. in 2020. Despite the reduced sale amount, this transaction stands as the highest sale in Hillsboro Beach for the year.

The two real estate agents involved in the deal were John Putzig and Susan Nelson from Re/Max First, representing the buyers, and Joshua Cosenza and Lourdes Maestres from Compass, representing the sellers. With their expertise, they facilitated the successful sale of the oceanfront mansion in Hillsboro Beach, marking a significant transaction within the area.