An Ocean Bank board member found a buyer for his waterfront Gables Estates mansion asking $39.5 million.
Buyers signed 12 contracts between Nov. 3 and Nov. 9 for luxury properties in Miami-Dade County, according to a report from Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total $120 million in asking dollar volume and averaged 165 days on the market.
The previous week, buyers signed 10 contracts totaling $97.2 million in asking dollar volume.
The report tracks signed contracts for single-family homes and condos asking $4 million or more included on the Multiple Listing Service in Miami-Dade. It identified 70 new listings, for a total of 1,228 listings on the market.
Of the properties that went pending last week, eight were single-family homes and four were condos. For condos, the average asking price was $7.9 million, or $2,294 per square foot. They spent an average of 93 days on the market.
The average asking price for the single-family homes was $11 million. They spent an average of 201 days on the market.
The most expensive home to find a buyer last week was the 12,300-square-foot waterfront mansion at 540 Leucadendra Drive in Coral Gables, asking $39.5 million. It is in the gated Gables Estates neighborhood. Records show the sellers are Guida Yolanda Rodriguez Macedo and Javier Macedo Rodriguez, a member of the board of directors for Miami-based Ocean Bank. They bought the 1-acre waterfront property for $6.2 million in 2015, according to property records. They completed the home in 2018. It includes eight bedrooms, seven bathrooms, four half-bathrooms, a gym, an office, guest quarters and a pool, records and the listing show.
It has been on and off the market for years, asking as much as $45 million. It most recently returned to the market in September asking $39.5 million, Zillow shows. Judy Zeder and Nathan Zeder with the Jills Zeder Group at Coldwell Banker Realty have the listing.
The second most expensive listing to go pending last week was the 6,200-square-foot house at 2931 Emathla Street in Miami, asking $12 million. Records show the sellers are David and Marcela Herskowitz, who bought the half-acre property for $1.7 million in 2020. David Herskowitz is a Los Angeles-based developer and the co-owner of Cutting Edge Developments with the Agency’s Santiago Arana. The Herskowitzes completed the Emathla Street home in 2023, it includes six bedrooms, four bathrooms, a gym, spa facilities and a pool, according records and the listing.
They listed it for $12 million in October, Zillow shows. Mickael Lancri with Mickael Lancri Real Estate has the listing.