Coconut Grove Breaks Sales Records Again With $49 Million Trophy Property

 
Coconut Grove has reclaimed its title as the holder of the most expensive home sale in Miami Dade County for 2023 with the off-market purchase of 3301 Moorings Way for $49 million, property records show. While the identity of the buyer remains under wraps, the transaction has been logged by the county for the 8,879-square-foot waterfront manse that was previously owned by Carlos and Luciana Haskim.

The Haskims acquired the six-bedroom home in 2010 for $10.1 million. The home was constructed in 2007 with a waterfront infinity pool, loggia, and 2 levels of Mediterranean-inspired opulence on a lot that is just over 1/2 acre.

3301 South Moorings Way Coconut Grove FL Backyard | Photo credit: Brown Harris Stevens

Looking at the sales figures, the Moorings Way deal amounts to $5,500 per square foot of air conditioned space, or $1,875 per square foot of land. The second most expensive transfer took place in March of this year when wealth manager Paul Morelli paid $48.5 million for a waterfront home at 3007 Brickell Avenue in northeast Coconut Grove/South Brickell. This deal added to a multi-acre assemblage, but the home itself traded for $6,250 per square foot.

Last fall, hedge fund billionaire Ken Griffin paid $107 million for a 4-acre waterfront property with two mansions on it. This deal amounted to $614-per-square-foot of land. He later announced plans to relocate one of the homes to be enjoyed by the public, as it is a historic property.

Mr. Haskim earned his ranks as a neuroscientist and biomedical engineer who was involved with the development of a device to treat certain forms of dementia, according to The Real Deal. Mrs. Haskim also has an impressive resume as an attorney who works on international transactions. They are both keen investors, earning five times the purchase price on their luxurious home.

Gladswood, LLC is listed as the new owner. Being that it is registered in Delaware, we are unable to determine who is behind this curtain until a formal announcement is made.

3301 South Moorings Way Coconut Grove FL Waterfront Lounge | Photo credit: Brown Harris Stevens

These transactions are all testimonies to the point we were making yesterday about the vitality of Miami’s luxury real estate market. While other cities are struggling under the pressure of increased rates and decreased sales activity, the Miami area is struggling only under growing pains and lack of inventory. Of all of the areas in Miami, Coconut Grove is continuing its renaissance with no end in sight and we welcome all of the new neighbors to our community.

If you are interested in learning more about life in Coconut Grove, please contact Michael Light, Grove resident as well as Broker and Executive Director of Luxury Sales at Douglas Elliman Real Estate. We are incredibly tied-in with the community and able to track down off-market deals if needed. We would love to have you as a neighbor.