Billionaire Jorge Mas buys waterfront estate in Coral Gables after selling two high-profile properties for over $130M
After selling a waterfront lot in Miami’s Coconut Grove for over $100 million, and his waterfront mansion in Coral Gables for $32 million, billionaire businessman Jorge Mas purchased a mansion in Gables Estates. Mas, chairman and co-founder of MasTec, a construction and engineering giant, bought a 15,400-square-foot home on Casuarina Concourse. The eight-bedroom, 10-bathroom and three half-bathroom house was completed last year. It sits on a 1.2-acre lot. Mas, who Forbes estimates is worth about $3.5 billion, has been buying and selling homes under the radar for years. A quit-claim deed transfer of ownership for the Casuarina Concourse sale was […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

New York developer Richard Cohen snaps up $20M condo at Surf Club Four Seasons

Developer nixes Costco, pares down Ag Reserve project, but opposition persists

Florida AG backs Bal Harbour Shops in Live Local fight

The New York developers building in the city’s sixth borough

Boynton Beach CRA spends $15M of taxpayer funds for 14-lot assemblage

Carlos Rosso, Alex Vadia complete first new condo dev in Midtown since 2018

Inside power buyer David MacNeil’s luxury real estate portfolio

South Florida’s top deals: Fendi Château condo sells for over $16M to Brazilian software execs

South Leads March Pending Sales Growth

Lawmakers Continue Work on Property Tax Plan

