Spec homebuilder Alex Pirez sold his waterfront Gables Estates mansion for $55 million in a previously unreported deal that closed earlier this year, The Real Deal has learned. Pirez sold the 16,000-square-foot, nine-bedroom and eleven-and-a-half bathroom estate at 340 Leucadendra Drive in Coral Gables to a Delaware LLC, according to a deed recorded in June. The sale was recorded for $9 million, but the price was much higher, according to sources. Pirez owns Mocca Group and Mocca Realty, and is active in Coral Gables. He declined to comment. The $55 million price marks a record for the gated community, and […]
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