A billionaire real-estate developer widely referred to as Miami’s “condo king” is listing his own mansion for $33 million. The Venetian palazzo-style home spans more than 10,000 square feet across three levels and overlooks Biscayne Bay.
Jorge Pérez, a billionaire real-estate developer widely referred to as Miami’s “condo king,” is listing his own mansion in the Coconut Grove section of Miami for $33 million.
One of about 10 homes in Hughes Cove, a private gated community, “Villa Cristina” is a Venetian palazzo-style home that spans more than 10,000 square feet across three levels. It has 482 feet of water frontage with a private dock and overlooks Biscayne Bay, according to the listing description. Jill Hertzberg, who shares the listing with Jill Eber of the Jills Zeder Group at Coldwell Banker Realty, said the six-bedroom home was completed in 1996 with the help of Italian artisans who were flown in for the project. Its Mediterranean-style exterior is covered in ivy, which wraps around stone pillars and a set of keystone arches on the back patio.
The property also includes an entry courtyard with a fountain, a wood-paneled library and office with coffered ceilings, a gym, a formal dining room, an outdoor infinity pool, a Jacuzzi and a fire pit. Ms. Hertzberg and Ms. Eber declined to comment on matters pertaining to the seller; property records show Mr. Pérez bought the Coral Gables site in 1994 for $1.45 million. Mr. Pérez is CEO of the Related Group, a major real-estate development company in the Miami area. Mr. Pérez declined to comment.
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