realestate

Fisher Island mansion sells for $21M after $7M price cut

Miami-based family office CEO buys Fisher Island mansion for $21 million.

G
uilherme Federico, CEO of Miami-based family office Moto Capital Group, has purchased a Fisher Island mansion for $21 million. The 9,400-square-foot home at 6915 Valencia Drive was sold by SF US Properties Limited, a Guernsey-based entity managed by Irina Alexandrovna Gavrilovskaia. Mariana Niro of Serhant represented both parties in the deal.

    Federico's firm previously sold the Lord Balfour hotel on Ocean Drive for $39.3 million in 2022. The Fisher Island mansion was originally purchased by Gavrilovskaia's entity for $12 million in 2011 and had been listed for $28 million before being reduced to $24.9 million.

    Located off Miami Beach, Fisher Island is a private enclave accessible only by boat, ferry, or helicopter. It features a private club, golf course, beaches, and school, with single-family homes rare on the island where luxury condos dominate the market. Billionaire Jean Madar plans to build six spec mansions priced between $31 million and $55 million.

    The sale of Federico's new home comes after tennis pro Caroline Wozniacki and her husband sold their Fisher Island penthouse for $37 million in June.

Fisher Island mansion sells for $21M after significant price reduction in Miami.