Rafael Perez Sells Waterfront Mansion In Coral Gables For $47 Million With Brokers Dennis Carvajal & Maria Marin-Sanchez

The property asset involved in this transaction is a single family home located at 33 Arvida Parkway in Coral Gables. The waterfront mansion spans 12,543 square feet and is set on 0.8 acres. The asking price for the property was $47,000,000, with a price per square foot of $3,747.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $47,000,000
• Address: 33 Arvida Parkway
• Market: Coral Gables
• Asset Size: 12,543 SF
• Price Per Square Foot: $3,747
• Seller: Rafael Perez
• Brokers: Dennis Carvajal & Maria Marin-Sanchez - One Sotheby’s International Realty
• Acres: 0.8

This transaction features Rafael Perez as the seller, represented by brokers Dennis Carvajal and Maria Marin-Sanchez from One Sotheby’s International Realty. The deal became notable as it led last week's luxury sales in Miami-Dade, which saw a total of 25 transactions. Furthermore, luxury inventory in the market has significantly decreased, with single-family homes averaging asking prices of $11.7 million over 173 days on the market.