Timbaland Sells Coral Gables Mansion At 5400 Hammock Drive For $15.9 Million With Broker Diana Gutierrez
5400 Hammock Drive
$15,900,000
$1,881/SF
Building Size
8,452 SF
Asset Type
Single Family
Closing
Aug 4, 2025
AI
The property is a single-family residence located at 5400 Hammock Drive in Coral Gables. This mansion, encompassing 8,452 square feet and situated on a 1-acre lot, is currently under contract for $15,900,000, reflecting the same price at which it was listed.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,900,000
- Address: 5400 Hammock Drive
- Market: Coral Gables
- Square Footage: 8,452
- Price Per Square Foot: $1,881
- Seller: Timbaland
- Broker: Diana Gutierrez - Mocca Realty
Timbaland acquired this property, which features a tropical modern design, for approximately $9 million in 2019, the same year the home was completed. Diana Gutierrez of Mocca Realty represents the seller, Timbaland, in this transaction.
Players
Coral Gables 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
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93