Updated Jul 28, 2025
Robbie Williams Purchases Waterfront Estate In Coral Gables From Dr. Nicole Martin And Anthony Lopez For $40M
555 Reinante Avenue
$40,000,000
$2,064/SF
Building Size
19,380 SF
Asset Type
Single Family
Closing
Jul 25, 2025
About this deal
AI
A waterfront estate located at 555 Reinante Avenue in the market of Coral Gables was sold for a total of $40,000,000, plus an additional $5,000,000 for furnishings. The property spans 19,380 square feet on a 1-acre lot, achieving a price per square foot of approximately $2,064. This sale marks a record in Old Cutler Bay at around $5,000 per square foot.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $40,000,000
- Address: 555 Reinante Avenue
- Market: Coral Gables
- Square Footage: 19,380
- Price per Square Foot: $2,064
- Buyer: Robbie Williams
- Seller: Dr. Nicole Martin & Anthony Lopez
- Buyer's Representative: Chad Carroll - Compass
- Seller's Representative: Dennis Carvajal - One Sotheby’s International Realty
The buyer, Robbie Williams, acquired the estate from Dr. Nicole Martin, a former star of The Real Housewives of Miami, and her fiancé Anthony Lopez. The estate is set to undergo a $5,000,000 expansion, which will include a guest pavilion and possibly the first residential floating padel court in the United States, with the development led by Manny Angelo Varas.
On the Map
$40,000,000
$2,064/SF
Single Family
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Players
Coral Gables Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $2.1K per square foot on a published $40M for 19,380 square feet (2025).
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Browse Coral Gables single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93