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Real estate power couple Craig Robins and Jackie Soffer sold their waterfront Miami Beach mansion for $36 million, about 20 percent off the original price.  Soffer, CEO of Aventura-based Turnberry Associates, and Robins, CEO of Miami-based Dacra, listed the property at 2511 Lake Avenue on Sunset Island II in February for $45 million.  The sale […]

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Real Estate Power Couple Sells Miami Beach Home for $36 Million

Real Estate Power Couple Sells Miami Beach Home for $36 Million

Key Points

  • Craig Robins and Jackie Soffer sold their waterfront Miami Beach mansion for $36 million
  • Original listing price was $45 million, making the sale 20% off
  • Property located at 2511 Lake Avenue on Sunset Island II
  • Soffer is CEO of Aventura-based Turnberry Associates, Robins is CEO of Miami-based Dacra

Details of the Sale

Original Listing Price

The property was initially listed in February for $45 million, but the final sale price was $36 million, a 20% reduction. This demonstrates the current state of the luxury real estate market, where sellers may need to be more flexible with their asking prices.

Property Location and Features

Located at 2511 Lake Avenue on Sunset Island II, the waterfront Miami Beach mansion boasts stunning views and luxurious amenities. The property is a prime example of the high-end real estate available in the area.

Real Estate Power Couple

Craig Robins, CEO of Miami-based Dacra, and Jackie Soffer, CEO of Aventura-based Turnberry Associates, are well-known figures in the real estate industry. Their sale of this property highlights their continued success in the market.

Expert Insight

Realtor Jessica Fulk shares her thoughts on the sale: “This luxury real estate deal showcases the current state of the market, where sellers may need to be more flexible with their asking prices. It’s important for buyers and sellers to be aware of these trends when looking at homes for sale.”

In conclusion, the sale of Craig Robins and Jackie Soffer’s Miami Beach mansion for $36 million highlights the current state of the luxury real estate market. With sellers potentially needing to be more flexible with their asking prices, it’s crucial for buyers and sellers to stay informed on market trends when searching for homes for sale. As a Realtor, Jessica Fulk emphasizes the importance of understanding these trends and working with an expert in the field to navigate the ever-changing real estate landscape.



Orginal article: Link To Article – provided by Kansas City Realtors