Real Estate Industry News

One of Miami’s most prolific condo developers, billionaire Jorge Perez, has listed his private home in Florida’s exclusive Coconut Grove community for $33 million. Perez is CEO of the Related Group, a real estate development company he founded in 1979, which has reportedly overseen the development of at least 80,000 condos, most of which are in the Miami area—leading to Perez being nicknamed Miami’s “Condo King”. The Related Group has grown to have offices in about half a dozen countries around the world.

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Perez purchased the nearly one-acre lot in 1994 for $1.45 million in order to build this 10,000 square foot Mediterranean style villa. With only about 10 homes in the gated community, “Villa Cristina” is a three-level six-bed, 7-bath property with “views from every room,” according to the listing description.

“The home is inviting and ideal for entertaining guests with its extensive gardens, amazing water views, private cove, and many outdoor luxuries,” said listing agent Jill Hertzberg. “The property is also a good fit for boating enthusiasts as it offers access to Biscayne Bay without any bridges.” Hertzberg has co-listed the property with Jill Eber, both of The Jills Zeder Group affiliated with Coldwell Banker.

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The property comes with 482 feet of waterfront land plus a private cove, with a dock. Outdoors, the landscaped gardens include a sculpture garden, spa, private lounge and infinity pool.

Indoors there is a wood-paneled library, art gallery which doubles as an entertainment space, several bedrooms with private balconies and an expansive living room with a fireplace.

The ceilings in the dining room can accommodate hanging sculptures.

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Bay views from one of the bedrooms.

The nearly one-acre lot provides seclusion and privacy while still having plenty of outdoor space.

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The home also comes with staff quarters, a gym, elevator and home office. For more information head to the listing page for The Jills Zeder Group.