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| 110 Arvida Parkway, Gables Estates, Coral Gables, FL |
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| Lance Ruffe |
CORAL
GABLES, FL – Lance Ruffe and Ray
Betancourt of The Keyes Company Luxury Division listed and sold a Gables
Estates mansion for $25.8 million, the second-highest price this year for a
single-family home in Miami-Dade County.
According to
Ruffe, the estate also has a place in movie history. One year after its
construction, location scouts found the property and received permission to
film “Two Much,” the 1996 romance in which stars Antonio Banderas and Melanie
Griffith met and fell in love in real life.
The home at
110 Arvida Parkway had been on the market for two years with a different real
estate agency before Keyes won the listing in November 2015.
“We properly
conveyed the true value of the home by showing comparable waterfront sales in
the Gables, Key Biscayne and other exclusive communities such as Indian Creek
and Star Island,” said Ruffe.
The
two-story, Mediterranean-style residence built in 1993 on almost two acres, has
unobstructed bayfront views, a 200-foot dock and seawall, six bedrooms and
nine-and-a-half bedrooms. Neither the buyer nor the seller were identified.
The sale’s
completion, as well as the July 2016 merger with Illustrated Properties,
reflects the strength of Keyes’ luxury position.
 |
| Ray Betancourt |
Following
the merger, Keyes and Illustrated are, together, the largest
independently-owned real estate firm in Florida and a Top 25-ranked firm in the
entire United States. Keyes and Illustrated have doubled their $1 million-plus
property sales throughout South Florida.
Independently-owned
and operated since its founding in 1926, Keyes stays very active in luxury
residential real estate alongside its Valore Group Real Estate and Platinum
Properties divisions.
Keyes annually sells $650 million in luxury homes priced
at $1 million or more. The company expects to grow its annual sales velocity in
that category to more than $1 billion.
Keyes is a
founding member and shareholder of Leading Real Estate Companies of the World®,
a global network of more than 550 premier real estate firms encompassing 4,000
offices and more than 128,000 Sales Associates in 55 countries, and Luxury
Portfolio International™, which sells more $1 million-plus properties than any
other brand in the world.
For a complete copy of the company’s news release, please contact:
Ashley
Fierman
Account
Executive, BoardroomPR
afierman@boardroompr.com
O
954-370-8999
C
954-330-1554
Bank of
America Plaza | 1776 N. Pine Island Road
Suite 320 |
Plantation, FL 33322.
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