The transaction involves a single-family property located at 10061 Southwest 60th Court in the Pinecrest market. The asset encompasses an area of 0.94 acres and features a total square footage of 12,006. The property was sold for a price of $16,500,000, reflecting a price per square foot of $1,374.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $16,500,000
• Buyer: AHBKE25 Trust
• Seller: Derek & Lisa Gonzalez - GOAT Hospitality Group
• Buyer's Representative: Jordan Karp - Jordan Karp LLC
• Seller's Representatives: Fredrik Eklund & Jennifer Goldstein - Douglas Elliman
• Lender: Bank of America
• Mortgage Amount: $12,375,000
• Previous Sale Price: $5,710,000 in 2022

Derek and Lisa Gonzalez sold their property to resolve a foreclosure lawsuit, concluding legal proceedings related to their hospitality business closures. The sale price is sufficient to cover the outstanding mortgage, highlighting an increase in value from its previous sale.