Updated Aug 5, 2025
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
About this deal
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.
On the Map
$15,900,000
$1,881/SF
Single Family
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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