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3585 Anchorage Way

Larry Page Buys Two Waterfront Estates In Coconut Grove For $173.4 Million From Jonathan Lewis Estate And Shaklee Corporation
SOLDSingle Family

Larry Page Buys Two Waterfront Estates In Coconut Grove For $173.4 Million From Jonathan Lewis Estate And Shaklee Corporation

3585 Anchorage Way & 3085 Munroe Drive

$173,400,000

Building Size

Asset Type

Single Family

Closing

Jan 7, 2026

AI

The asset involved in the transaction consists of two waterfront estates located at 3585 Anchorage Way and 3085 Munroe Drive in Coconut Grove. The properties, categorized as Single Family homes, totaled a sale price of $173,400,000. One estate, previously owned by Jonathan Lewis, spans 4.5 acres along Biscayne Bay, while the other estate was acquired off-market from Sloan Lindemann Barnett and Roger Barnett.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $173,400,000
  • Buyer: Larry Page
  • Seller: Jonathan Lewis Estate; Sloan Barnett & Roger Barnett - Shaklee Corporation
  • Date of Sale: 01/07/2026
  • Market: Coconut Grove

Key individuals in this transaction include Larry Page, co-founder of Google, and the sellers, which comprise the Jonathan Lewis Estate and Sloan Barnett & Roger Barnett, who are affiliated with Shaklee Corporation. The purchase of these properties underscores the ongoing interest of tech billionaires in the Miami real estate market amid California's proposed wealth tax.

Players

Miami Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.09%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93