realestate

Miami Estate near Celebrities' Homes Lists for $14.9M

Luis García's $14.9M Miami mansion, once listed for $17.5M, features a tennis court after being purchased out of foreclosure for $3.2 million.

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n Miami's elite Bay Point community, a stunning five-bedroom mansion is poised to make waves on the market with an eye-watering price tag of $14.9 million. The property, dubbed Casa Club, boasts an impressive array of amenities and has been meticulously renovated to blend modern luxury with its 1950s roots.

    Built in 1950 and revamped in a sleek ranch style in 2018, the estate spans over half an acre and two lots, offering ample space for outdoor recreation. The property's pièce de résistance is its tennis court, which sits alongside a basketball court, mini golf course, gym, pool, and pergola – making it the ultimate playground for those who crave exclusivity and entertainment.

    Cement mogul Luis García, CEO of Adonel Concrete, has listed the property after purchasing it out of foreclosure in 2014 for $3.2 million. The savvy businessman is now looking to cash in on the Miami real estate market's explosive growth, which has seen prices soar in recent years.

    García's fiancée and listing broker, Ana Teresa Rodriguez, notes that the estate offers a rare combination of exclusivity, recreation, and investment potential in one of Miami's most sought-after neighborhoods. With its prime location across from Enrique Iglesias' and Anna Kournikova's homes, Casa Club is set to be the crown jewel of Bay Point.

    For those who can't quite stomach the $14.9 million price tag, García is offering a more affordable option: purchase one of the two lots for $8 million or $6.9 million, respectively – complete with the tennis court and house.

Miami luxury estate near celebrity homes listed for sale at $14.9 million.