Lou Groll Investments LLC Acquires Single Family Home On Venetian Islands For $13.7M

A single-family home located in the Venetian Islands of Miami Beach has been sold for a price of $13,700,000. The property spans 4,816 square feet, resulting in a price per square foot of $2,845. The transaction took place on May 13, 2022.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $13,700,000

The buyer, Lou Groll Investments LLC, was represented by Paul Groll. The sellers of the property were Gloria and Emilio Estefan. Acting as brokers in the deal were Jill Eber and Jill Hertzberg from The Jills Zeder Group, affiliated with Coldwell Banker. London Financial provided the financing for the transaction.

These key individuals and companies played crucial roles in the successful completion of the sale, facilitating the transaction between the buyer and sellers. The sale of this single-family home in the Venetian Islands of Miami Beach marks a significant transaction in the real estate market.