401 Ridgewood Road in Miami (Google Maps)
A Brazilian silicon producing heir purchased a Important Biscayne home for $6.9 million.
Records clearly show Leonardo Simoes Zica and Juliana Ribeiro Zica purchased the household at 401 Ridgewood Highway from Miguel Quintero. Leonardo Simoes Zica is the son of Belo Horizonte, Brazil-primarily based Minasligas board member Sandra Simoes Zica. Both ended up named in the 2016 Panama Papers for their ties to SZ Investments, a corporation registered in the British Virgin Islands.
Mark Chatburn of Chartburn Authentic Estate Redefined represented the consumers.
The seller, Quintero, is a broker with Avanti Way and represented himself in the deal. Information present he purchased the home for $1.7 million in 2019. Quintero finished building on the 4,464-sq.-foot, five-bedroom, 5-rest room residence final 12 months, in accordance to records. The .2-acre property includes a pool and outside kitchen area.
This is not the initially Essential Biscayne acquire for the Zicas. Information display the couple purchased a recently developed property in 2015 for $3.6 million. They bought the virtually 4,000-sq.-foot, 5-bedroom, 5-bathroom home at a reduction, for $3.4 million, in 2016.
Vital Biscayne houses are normally in need among wealthy Latin Individuals and other overseas potential buyers. This summer season, controversial Italian soccer club proprietor Massimo Cellino marketed his waterfront Vital Biscayne mansion for $15 million just after holding the assets for almost 15 a long time.
Amid other sales in Crucial Biscayne, the previous CEO of the French vaccine manufacturer Sanofi acquired a waterfront dwelling for $7.5 million previous yr, and a Spanish media government after caught in the 2015 FIFA Globe Cup scandal marketed a close by waterfront assets for $8.3 million.
