Real estate enthusiasts, get ready to be captivated by one of the most notable property transactions in Coral Gables! In this blog post, we will explore the fascinating details surrounding the recent purchase of a luxurious mansion at 8950 Arvida Drive. We’ll uncover the backgrounds of the key parties involved, the significance of the property, and what this transaction means for the Coral Gables real estate market. Whether you’re a seasoned real estate investor or simply love keeping up with high-profile property transactions, this post offers an in-depth look at one of the most talked-about deals in Coral Gables.
Introduction Andre Hakkak Wife
The realm of luxury real estate never fails to amaze, and the recent purchase of a stunning mansion at 8950 Arvida Drive in Coral Gables is no exception. This significant transaction has captured the attention of real estate enthusiasts and investors alike. In this blog post, we’ll explore the details of this exquisite property, the key individuals involved in the purchase, and the broader implications for the local real estate market. From the mansion’s architectural brilliance to the profiles of its new owners, you’re about to discover what makes this transaction a landmark event in Coral Gables.
Overview of the Property Transaction
The property at 8950 Arvida Drive recently underwent a remarkable purchase that has set tongues wagging in the real estate community. The luxurious mansion exchanged hands for a whopping $13.6 million, a testament to its grandeur and prestige. This significant sum underscores the property’s unique appeal and the high stakes involved in such a high-profile transaction. The purchase price alone sets this deal apart, making it one of the most talked-about transactions in recent times.
Significance of the Property at 8950 Arvida Drive
Located in the exclusive Gables Estates neighborhood, 8950 Arvida Drive is more than just a property; it’s a landmark. The prestigious address alone speaks volumes about the mansion’s value and significance. Gables Estates is known for its opulent homes and affluent residents, making it one of the most sought-after neighborhoods in Coral Gables. The purchase of a property in this area is not just a financial investment but also a social statement, reflecting the buyer’s status and taste.
Profiles of the Key Parties
To fully grasp the magnitude of this transaction, it’s essential to understand the key individuals and entities involved. The buyers, Andre Hakkak and Marissa Shipman, are prominent figures in their respective fields. Similarly, the seller, Cimex Invest Inc., is a notable player in the investment landscape. Let’s take a closer look at these key parties.
Andre Hakkak: CEO and Co-founder of White Oak Global Advisors
Andre Hakkak is a name that resonates within the investment community. As the CEO and co-founder of White Oak Global Advisors, he has built a reputation for his keen financial acumen and strategic investments. White Oak Global Advisors is a leading investment firm specializing in providing capital to small and medium-sized enterprises. Hakkak’s decision to invest in the property at 8950 Arvida Drive reflects his eye for valuable assets and his appreciation for luxury.
Marissa Shipman: Founder and CEO of theBalm Cosmetics
Marissa Shipman is a trailblazer in the beauty industry, known for founding theBalm Cosmetics. Her brand is celebrated for its high-quality, multi-functional products, and Shipman herself has become an influential figure in the world of beauty. Her involvement in the purchase of the Coral Gables mansion highlights her success and her desire to invest in properties that match her high standards of excellence and sophistication.
Cimex Invest Inc.: Czech Republic-based Investment Company
Cimex Invest Inc. is a prominent investment company based in the Czech Republic. Known for its diverse portfolio and strategic investments, Cimex has a reputation for identifying and capitalizing on valuable opportunities. The decision to sell the property at 8950 Arvida Drive marks a significant move for Cimex, as it shifts its focus to other ventures and investments.
Jana Sobotova: Leader of Cimex Invest Inc.
At the helm of Cimex Invest Inc. is Jana Sobotova, a visionary leader with a knack for making astute investment decisions. Under her leadership, Cimex has grown its portfolio and expanded its reach, becoming a formidable player in the investment world. Sobotova’s decision to list the Coral Gables mansion for sale was undoubtedly a strategic one, reflecting her ability to recognize the right time to capitalize on valuable assets.
Details of the Property
The mansion at 8950 Arvida Drive is a masterpiece of luxury and design. Spanning 17,215 square feet, it offers a living experience like no other. Designed by the renowned architect Cesar Molina, the property boasts a blend of modern elegance and timeless sophistication. Let’s explore the key features that make this mansion a true gem.
Architectural Design by Cesar Molina
Cesar Molina is a name synonymous with architectural brilliance, and his work on 8950 Arvida Drive is no exception. The mansion’s design seamlessly integrates indoor and outdoor living spaces, creating a harmonious environment that exudes luxury. From the grand entrance to the meticulously designed interiors, every element of the mansion reflects Molina’s signature style and attention to detail.
Features of the Mansion
The mansion features six spacious bedrooms, each designed to offer the utmost comfort and privacy. With nine full bathrooms and two half-bathrooms, the property ensures that convenience and luxury are never compromised. Additionally, the mansion includes a six-car garage, providing ample space for an impressive collection of vehicles.
Amenities that Elevate Luxury Living
Luxury living is all about the finer details, and 8950 Arvida Drive delivers on every front. The property boasts an elevator, making it easy to navigate its expansive layout. A stunning pool provides a perfect setting for relaxation and entertainment, while the designated space for a gym or spa ensures that residents can maintain their wellness routines without leaving the comfort of their home.
Transaction Overview
The purchase of 8950 Arvida Drive was a significant transaction, marked by careful planning and expert representation. The property was initially listed for a substantial sum, reflecting its value and appeal. Let’s take a closer look at the details of this transaction.
Purchase Price and Initial Listing
Andre Hakkak and Marissa Shipman acquired the mansion for $13.6 million, a price that underscores the property’s exclusivity and desirability. The initial listing price was set high, attracting only the most serious and capable buyers. This strategic pricing approach ensured that the property garnered attention from individuals and entities with the means and motivation to invest in such a luxurious asset.
Representation by Marily Vazquez Prol and Saddy Delgado
The transaction was expertly handled by Marily Vazquez Prol and Saddy Delgado, two seasoned real estate professionals with a deep understanding of the Coral Gables market. Their expertise and negotiation skills played a crucial role in facilitating the sale, ensuring that both the buyers and the seller achieved their desired outcomes.
Historical Context
To fully appreciate the significance of the purchase at 8950 Arvida Drive, it’s essential to understand the broader context of the Coral Gables real estate market. This transaction is not an isolated event; it’s part of a larger trend that speaks to the area’s appeal and the dynamics of the luxury real estate market.
Comparison with Recent Sales in Gables Estates
Gables Estates has seen several high-profile sales in recent years, each contributing to the neighborhood’s reputation for luxury and exclusivity. By comparing the purchase of 8950 Arvida Drive with other recent transactions, we can gain a better understanding of the property’s value and the factors driving the market. These comparisons reveal that the Coral Gables real estate market remains robust, with demand for high-end properties continuing to rise.
Market Trends in Coral Gables
The Coral Gables real estate market is characterized by its stability and growth. Despite fluctuations in the broader economy, the demand for luxury properties in Coral Gables has remained strong. Factors such as the area’s desirable location, excellent amenities, and high quality of life contribute to its enduring appeal. The purchase of 8950 Arvida Drive is a testament to these market trends, highlighting the continued interest in upscale real estate in Coral Gables.
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Conclusion
The purchase of the mansion at 8950 Arvida Drive is a significant event in the Coral Gables real estate market. It reflects the ongoing demand for luxury properties in the area and underscores the appeal of Gables Estates as a premier residential neighborhood. For real estate enthusiasts and investors, this transaction offers valuable insights into the dynamics of the market and the factors that drive high-profile property purchases.
The involvement of prominent figures such as Andre Hakkak and Marissa Shipman adds another layer of interest, highlighting the intersection of real estate and personal success. Their decision to invest in this property speaks to their appreciation for quality and their understanding of the value of prime real estate.
For those interested in exploring similar opportunities or gaining deeper insights into the luxury real estate market, now is the perfect time to connect with experts and explore the possibilities. Whether you’re considering a significant investment or simply looking to stay informed about the latest trends, the Coral Gables real estate market offers a wealth of opportunities and insights.
By understanding the factors that drive high-profile transactions and recognizing the value of luxury properties, you can make informed decisions and capitalize on the opportunities available in this dynamic and exciting market.
FAQs
1. What is the purchase price of 8950 Arvida Drive?
8950 Arvida Drive was purchased for $13.6 million by Andre Hakkak and Marissa Shipman.
2. How many bedrooms and bathrooms does 8950 Arvida Drive have?
The mansion features six spacious bedrooms, nine full bathrooms, and two half-bathrooms.
3. What amenities are included in 8950 Arvida Drive?
Amenities include an elevator, a stunning pool, a six-car garage, and spaces designated for a gym or spa.
4. Who represented the buyers in the transaction?
Marily Vazquez Prol and Saddy Delgado, seasoned real estate professionals, represented the buyers.
5. How does 8950 Arvida Drive compare to other recent sales in Gables Estates?
The purchase aligns with the trend of high-profile, luxury property sales in Gables Estates, highlighting the area’s appeal.
