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68 LGC Revocable Trust Purchases Miami Beach Home From Jorge Enrique Mattos Barrero For $32.7M

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SOLD
$32,700,000

Florida

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Single Family4,405 SF
Sold 08/08/2025
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SOLD

68 LGC Revocable Trust Purchases Miami Beach Home From Jorge Enrique Mattos Barrero For $32.7M

68 Lagorce Circle

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Single Family4,405 SF
Sold 08/08/2025
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$7,423
Total Square Footage:4,405 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family home located at 68 La Gorce Circle in Miami Beach, with a sale price of $32,700,000. The residence spans 4,405 square feet and has a price per square foot of $7,423. The transaction involves a waterfront property situated on a 19,095-square-foot lot in the La Gorce Island area.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $32,700,000
  • Square Footage: 4,405
  • Address: 68 Lagorce Circle
  • Market: Miami Beach
  • Buyer's Name: 68 LGC Revocable Trust
  • Buyer's Representative: Daniel Hertzberg - Coldwell Banker
  • Seller's Representative: Dora Puig - Luxe Living Realty

Jorge Enrique Mattos Barrero and Sofia Patricia Toja Mondragon sold their home to the 68 LGC Revocable Trust, with Daniel Hertzberg facilitating the purchase for the buyer and Dora Puig representing the seller in the deal.

Players

Dora Puig
86 deals$1.4B volume(305) 613-2118
BROKER

Daniel (Danny) Hertzberg
Coldwell Banker
63 deals$1.6B volume
BROKER

Details

SOLD
IMAGE: Dora Puig & Daniel Hertzberg DATE: 08/08/2025 ADDRESS: 68 Lagorce Circle MARKET: Miami Beach ASSET TYPE: Single Family BUYER: 68 LGC Revocable Trust BUYER'S REP: Daniel Hertzberg (@DannyHertzberg) - Coldwell Banker (@ColdwellBanker) SELLER'S REP: Dora Puig (@DoraPuig) - Luxe Living Realty (@LuxeLivingMiami) SALE PRICE: $32,700,000 SF: 4,405 ~ PPSF: $7,423 NOTE: Jorge Enrique Mattos Barrero and Sofia Patricia Toja Mondragon sold their 4,405-square-foot waterfront home at 68 La Gorce Circle in Miami Beach for $32.7M to the 68 LGC Revocable Trust, with Dora Puig representing the seller and Danny Hertzberg representing the buyer. The $1,712 PSF land deal covers a 19,095-square-foot lot on La Gorce Island, with the buyer planning to tear down and rebuild.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,744,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$116,176.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$155,014.68
Annual Debt Service$1,860,176.19