Banyan Ridge Waterfront Estate At 3585 Anchorage Way Goes Under Contract For $115M In Miami

A buyer signed a contract to purchase a 4.5-acre waterfront estate located at 3585 Anchorage Way in Coconut Grove. The property is listed at $115,000, with a total square footage of 11,855 and a price per square foot of $9,701. The estate, known as Banyan Ridge, has two historic homes totaling approximately 9,400 square feet and is positioned in the Miami market.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $115,000,000
• Address: 3585 Anchorage Way
• Market: Miami
• Acres: 4.5
• Square Footage: 11,855
• Price per Square Foot: $9,701
• Brokers: Danny Hertzberg, Jill Hertzberg, Nathan Zeder & Judy Zeder - Jills Zeder Group - Coldwell Banker

The property is owned by the estate of restaurateur Jonathan Lewis. This transaction marks it as the priciest home to go under contract in Miami-Dade during the period. The listing is managed by the Jills Zeder Group at Coldwell Banker, reflecting their involvement in this significant deal.