Carlos De La Cruz Sr. Sells Waterfront Mansion At 5 Harbor Point In Key Biscayne For $26M
5 Harbor Point
$26,000,000
$2,379/SF
Building Size
10,926 SF
Asset Type
Single Family
Closing
Jul 7, 2025
AI
The property is a waterfront mansion located at 5 Harbor Point in Key Biscayne, featuring three bedrooms and 4.5 bathrooms. The estate encompasses 10,926 square feet and sits on a 0.7-acre lot. It is listed at $26 million, resulting in a price per square foot of $2,380. This transaction marks the highest single-family sale in Miami-Dade's luxury market for the week ending July 6, 2025.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $26,000,000
- Address: 5 Harbor Point
- Market: Key Biscayne
- Square Footage: 10,926 SF
- Price per Square Foot: $2,380
- Seller: Carlos de la Cruz Sr.
- Broker: Brigitte de Langeron - DLS International Realty
- Acres: 0.7
Carlos de la Cruz Sr., a mogul in the Coca-Cola bottling industry, is the seller of the property. Brigitte de Langeron from DLS International Realty is representing him in the sale process. The terms of the contract were finalized on July 7, 2025.
Key Biscayne 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
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93