Billionaire Jorge Perez Makes Quick Work of Florida Home at Full $33M Ask

Published: September 23, 2021 | By: American Luxury Staff

The South Florida waterfront home listed about two months ago by billionaire real estate developer Jorge Pérez has sold. According to The Wall Street Journal, the buyer of the idealized Mediterranean-inspired Coconut Grove property was cannabis executive and Ayr Wellness CEO Jon Sandelman, who paid the listing price of $33 million for it.

The villa sits on a .92-acre lot—a fair amount of land, enough for a tile walking path to establish a nowhere-in-particular romance through the intense green of the lawns and gardens of the grounds, and through a modest statuary on its jolly way. On the ocean side, a zero-edge pool overlooks the ocean, and a dock juts out into Biscayne.

The villa has a courtyard entry in front, and a loggia in back. The home’s exterior is ivy-covered stucco; inside it is thoroughly warm in spirit, and outfitted with a series of amenities that includes a library with herringbone-pattern floors, floor-to-ceiling bookshelves, a hardwood coffered ceiling, and hardwood paneling.

The sale follows that of one of Pérez’s penthouses in the same Miami neighborhood. That property, located in Park Grove, a building which was also co-developed by the Pérez-founded company Related Group, changed hands late this spring. It closed in June at $10 million, against Pérez’s February purchase price of $7.4 million.

Pérez’s net worth is $1.7 billion, according to Forbes.

6093 September 23, 2021 Real Estate September 23, 2021