Jonathan Cox Of The Federated Companies Purchases Miami Beach Mansion From Philip Gross For $27M

A single-family asset located at 2288 Sunset Drive in Miami Beach was sold for $27 million. The property spans 6,581 square feet and sits on 0.34 acres of land, resulting in a price per square foot of $4,103.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $27,000,000
• Address: 2288 Sunset Drive
• Market: Miami Beach
• Acres: 0.34
• Square Footage: 6,581
• Price Per Square Foot: $4,103
• Buyer: Jonathan Cox - The Federated Companies
• Seller: Philip Gross - 2288 Sunset LLC
• Buyer's Representative: Michael Duchon - The Corcoran Group
• Seller's Representative: Nelson Gonzalez - Berkshire Hathaway HomeServices EWM Realty

The deal involved a trust led by Jonathan J. Cox, who is the chairman of the Federated Companies. The seller, 2288 Sunset LLC, is managed by Philip Gross. Nelson Gonzalez represented the seller, while Michael Duchon acted as the buyer's representative in this transaction.