Miami’s billionaire ‘Condo King’ is selling his waterfront mansion in a gated Florida community for $33 million

Miami’s billionaire ‘Condo King’ is selling his waterfront mansion in a gated Florida community for $33 million

The villa includes 482 feet of water frontage and a private boat dock. 1 Oak Studios The billionaire developer known as Miami’s “Condo King” is selling his waterfront mansion for $33 million.

Jorge Perez, who’s worth $1.7 billion , is one of the most prolific real-estate developers in Miami.

His sprawling villa comes with an infinity pool and Jacuzzi, nearly 500 feet of water frontage, and a sculpture garden.

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Billionaire real-estate developer Jorge Perez, known as Miami’s “Condo King,” has put his sprawling waterfront mansion on the market for $33 million.

Jorge Perez and wife Darlene Perez at an art event in Miami, Florida, in March 2018. John Parra/Getty Images for Perez Art Museum Miam Nicknamed Miami’s “Condo King” for his prolific real-estate development in the area, Perez has an estimated net worth of $1.7 billion . He would rake in a more than a $31 million profit if he sells the home at its asking price: He paid $1.45 million for the site in 1994, according to The Wall Street Journal.

Perez is the founder, chairman, and CEO of Florida’s Related Group, which has built more than 100,000 condominium and apartment residences, according to the company.

The developer did not immediately respond to Insider’s request for comment for this story. Perez’s mansion, known as Villa Cristina, sits on a 40,000-square-foot plot of land that encompasses three lots in the upscale Coconut Grove neighborhood of Miami.

1 Oak Studios It’s part of the exclusive Hughes Cove gated community, which only has about 10 homes.

Jill Hertzberg and Jill Eber of The Jills Zeder Group of Coldwell Banker Realty hold the listing . The residence has 10,000 square feet of interior living space and has 482 feet of water frontage.

1 Oak Studios Source : The Jills Zeder Group The private boat dock overlooks the waters of Biscayne Bay.

1 Oak Studios Source : The Jills Zeder Group The home doubles as a rotating art gallery for the owner’s private collection, according to the listing.

1 Oak Studios Source : The Jills Zeder Group The three-story house was built in 1996 with the help of Italian artisans, the listing says. 1 Oak Studios All levels are accessible by an elevator. The gourmet kitchen features Thermador, Sub-Zero, Miele, and Wolf appliances, as well as a wine cooler and an ice maker. 1 Oak Studios Source : The Jills Zeder Group The second-floor office has dark wood paneling and Italian woodwork throughout. 1 Oak Studios Source : The Jills Zeder Group The home has six bedroom, six bathrooms, and one half-bathroom. 1 Oak Studios Source : The Jills Zeder Group Outside, an infinity pool is shaded by palm trees and kept private by a thick hedge. 1 Oak Studios Source : The Jills Zeder Group It’s difficult to tell where the infinity pool ends and Biscayne Bay begins. 1 Oak Studios Source : The Jills Zeder Group Nearby, a Jacuzzi overlooks the water. 1 Oak Studios […]

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