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Miami Financial Manager purchases Coral Gables waterfront property for $13Million

Managing partner of a Miami-based equity firm ‘I Squared Capital, purchased a 7,589 sq ft home in Coral Gables in a “Off The Market” deal.

Built in 2016 the 16,500 sq ft lot houses five bedrooms, seven bathrooms and sits right on the bay.

Records show that the property last sold in 2004 for $3.1 million

I Squared Capital is a private equity firm focusing on global infrastructure investments, founded by  Morgan Stanley executives. It has over $13 billion in assets under management.

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Co Creator and Chief Designer of BCBGMAXAZRIA lists ‘Fisher Island’ property

Co creator and Chief Designer of fashion brand BCBGMAXAZRIA listed her ‘Fisher Island’ condo located at 5363 Fisher Island Dr.

The 5,790 sq ft, 4 bedrooms, four -and-a-half bath property features two balconies and a movie theatre.  The condo sits on the 6th floor with a view of downtown Miami; listed for $5.9 million.

Priced at $1,019 per square foot the property is listed at a competitive price.  The sellers agent  was quoted saying  “They wanted to price it to sell it.  It’s priced very competitively.” Jill Eber

Recently completed condo construction on ‘Fisher Island’ has tempted buyers to purchase “new”.  However buyers are very much still interested in older buildings and other offers. The older buildings offer amenities the newer competition doesn’t provide: two golf cart spaces, two car parking spaces and storage unit.   “Buyers are always look for opportunities. The newer buildings are selling at a higher price per square foot,” Jill Eber

Azria and her late husband enjoyed this condo as a vacation stay.  Azria however has not been frequenting south Florida and doesn’t plan on re purchasing property in the area.

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