The Mansion Shuffle

IN CORAL GABLES, MANSIONS ARE FLYING OFF THE MARKET

South Florida in general, and Coral Gables in particular, is suddenly the place where the nation’s one-percenters want to live. So far this year, mansions are changing hands at a breakneck pace. For mansions, that is. Here are some of the more notable recent sales. First, MKP Capital Management hedge fund co-founder Patrick McMahon and wife Kristen bought a 3.5-acre waterfront lot on Old Cutler Road for $18 million. Next, UM Health System oncologist Dr. Luis Villa Jr. sold his waterfront home in

Gables Estates for $12.25 million. Then DPM Capital hedge fund founder Pedro Escudero (and wife Madeline) purchased a Gables Estate waterfront home for $8.4 million, followed by the sale by Alienware co-founder Nelson Gonzalez of his waterfront manse in Sunrise Harbour for $10.1 million.

On the low end of the scale, reggae musician Shaggy (“Boombastic” and “It Wasn’t Me”) purchased a five-bedroom, non-waterfront home in Cocoplum for $2.2 million. Poor Shaggy! ■

But the care keeps getting better and better.

Our vaccines are here already… the sta is so well-trained… all the safety programs are in place. And during this pandemic, the whole place keeps running like a well-oiled machine.

We simply can’t imagine a place right now where someone our age could be safer or happier. And every day we tell our daughter—whose idea it was—we’re so glad you knew it was the right place for us.

If you are a senior, or just love one, call us at 305-445-7444 to schedule your safe and comfortable visit today.

R ENÉ PORTOCARRERO (1912 - 1985), Ornamented Woman (Mujer Ornamentada), 1968, mixed media on heavy paper laid down on board, 23 x 14 ¾ inches (Detail image)

3155 Ponce de León Blvd. Coral Gables, FL 33134 305-461-1050 | cernudaarte@msn.com | www.cernudaarte.com