One of the priciest properties in Coconut Grove is off the market after Ransom Everglades School agreed to purchase the 6.9-acre La Brisa property last Thursday.
The school announced the purchase last Thursday and said the sale should be finalized Tuesday. The purchase was first reported by the South Florida Business Journal.
The home, at 3551 Main Highway was once valued as the most expensive property in Miami-Dade County but that price has since dropped from about $65 million in 2014, when the property first went on sale, to $39.5 million in March according to a report from The Real Deal.
The head of school, Penny Townsend, said in a press release that the school plans to respect the nature and historic land on the site and that it couldn’t pass on a chance to buy the neighboring property.
“The purchase will allow us to improve our facilities, add vital greenspace and continue our long tradition of respecting, protecting and learning from the treasures of Old Florida and Miami’s precious coastal ecosystems,” Townsend said in the release.
In 1886 the property was first deeded to Kirk Munroe, children’s author and Florida Audubon Society founding member. The lot is home to mahogany, oak and gumbo limbo trees, along with Canary Island date palms, royal palms and royal poincianas, as well as a renovated 1920s mansion.
The school’s press release mentioned its plans to “improve educational spaces for students” and that the purchase will allow the school to improve the current facility but did not reveal specific plans for the La Brisa property.