In an all-cash deal, an oil executive buys bestselling author’s Grove house for $8.7M
Maria Alejandra Llamas, the author of bestselling personal empowerment books, closed another chapter in her life with the $8.7 million sale of her Coconut Grove house.
The deal closed on Monday after Llamas and her husband Genaro Diaz Lozano, CEO of Coral Gables-based real estate asset management firm GreenWater Investments, listed the house for $9.95 million in August, according to the Multiple Listing Service. Located on Kiaora Street in the South Grove, the custom-built house spans 12,042 square feet and has six bedrooms, seven bathrooms and one half bathroom revolved around an interior courtyard.
The house has an office, gym, pool and volleyball court.
An undisclosed Latin American buyer spent $8.7 million on the house in an all-cash deal. The buyer is a Brazilian executive who presides over a gas and oil company, according to sources familiar with the deal. Latin American buyers have become a relative rarity as tax refugees have fled to Miami from other U.S. cities.
Douglas Elliman Realtors Michael Light and Jaimee Light represented the sellers; Alejandra Anzola, a Realtor sales associate at Avanti Way Realty represented the buyer. The brokers declined to comment on the transaction.
Llamas and Lozano bought the one-acre property in 2016 for $2.745 million and built the existing home.
Luxury home sales show no signs of cooling as buyers from the northeast, Midwest and California scoop up houses and condos, causing a shrinkage of already-limited supply and an increase in prices.
This story was originally published March 3, 2021 at 12:03 PM.
