Irving Padron, Cesar Molina sell waterfront Coral Gables spec home for $36M

Spec developer Irving Padron and architect Cesar Molina sold a waterfront spec mansion in Coral Gables’ gated Old Cutler Bay community for $36 million. Records show an LLC linked to Padron and Molina sold the house at 9360 Gallardo Street to a trust named for the address and managed by attorney Daniel Bensimon.  Padron is founder and CEO of Deering, a luxury real estate development and investment firm. He is also a broker licensed with Deering’s brokerage division, Deering Real Estate.  Molina is an architect and founder of Coral Gables-based CMA Design Studio. He designed the 2.2-acre Gables Estates compound […]This article originally appeared on The Real Deal. Click here to read the full story.