Marc Anthony

Photo Credit: Shutterstock

The three-time Grammy-winning artist purchased his Coral Gables mansion in 2018 for $19 million. Anthony bought the home from Hilda Maria Bacardi, great-great granddaughter to the founder of the titular liquor company, who spent eight years overseeing its construction. In 2016, the finished home was listed on the market for $27.26 million. A year later, the price was reduced to $25 million before Anthony purchased the property at an even lower price of $19 million.

Anthony’s real estate journey has come full circle as he bids farewell to his former home. In September of 2020, the Coral Gables property was listed at $27 million. When the steep asking price failed to attract potential buyers, the cost was lowered to $22.4 million and the deal was closed.

Designed by Rafael Portuondo, the 20,546 square foot mansion spans 1.3 acres and features 12 bedrooms, 13 full bathrooms, and two powder rooms. The Mediterranean style interior highlights a lavish living space, formal dining room, family room, eat-in kitchen with dual islands, and butler’s pantry. The master suite presents a seating area and two bathrooms. Decorative elements of the home include coffered ceilings, arched doorways, and windows with natural lighting pouring into every room. Other perks include an elevator, wine cellar, gym, and staff quarters. The property set on the exclusive Islands of Cocoplum offers scenic views of the Coral Gables Waterway and gardens. Outdoor entertainment options include a summer kitchen, covered terraces, a heated pool, and a spa.

Chad Carroll with Compass represented the buyer while Anamaria Velasquez with Nexxos Realty represented the seller.

For more on the latest in luxury real estate, visit dev.hauteresidence.com.

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Lydia Eskenazi presents

The perfect home for entertaining! Classic & timeless this elegant Mediterranean gem, designed by top architect Rafael Portuondo, is tucked away on a quiet side street. Impeccable landscaping & long private driveway greet you as you approach the grand entryway. Step inside the impressive foyer, then marvel at the Spectacular great room w/14 ft ceilings & beautiful built in bar area. The formal dining room offers seating for 16. Six spacious rooms abound, 4 upstairs en suite. Spacious master suite has adjacent office/library, & sunset terrace. Spectacular loggia w/summer kitchen overlooks beautiful gardens, fountain & an alfresco dining area facing oversize pool. Corner home w/over 15,000 ft of land area. Also available for Rent at $37,500/mo

Address: 296 Ocean Boulevard, Golden Beach, FL 33160

Price: $5,875,000

Photo credit: Courtesy of Lydia Eskenazi

For more information, please contact Lydia Eskenazi at 305-785-0440 or lydia@lydiaeskenazi.com

Lydia Eskenazi is the exclusive agent representing the Bal Harbour, Florida real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

The post Lydia Eskenazi Presents A Golden Beach Mediterranean Gem appeared first on Haute Residence by Haute Living.