Dr. Nicole Martin and Anthony Lopez sold their waterfront mansion in Coral Gables for $55 million in an off-market deal this week, tying the city’s record for a single-family home sale.
The sale at 33 Arvida Parkway means the couple made $21 million in eight months after buying the home for $34 million in August. Records show their Lopez Strategic Manager LLC sold the 12,500-square-foot mansion to Green Woods Trust, which is managed by Christine Hahn.
Martin and Lopez moved quickly through a deal that landed at the top of the market. Dennis Carvajal of One Sotheby’s International Realty represented the sellers, while Banna Fakhoury of the same brokerage brought the buyer. The home, built in 2004 on 0.8 acres in the gated Gables Estates neighborhood, has eight bedrooms, eight bathrooms, one half-bathroom, a pool, a dock and 225 feet of water frontage. A previous listing also described a game room, gym and 2,700-bottle wine cellar.
The price matched the Coral Gables record set last summer, when Alex Pirez sold a nearby waterfront mansion in Gables Estates for $55 million in another off-market deal. The pace of record-setting sales has not stopped there: earlier this month, Lauren Sturges sold her waterfront Tahiti Beach mansion for a record $32 million, and Irving Padron and Cesar Molina sold a waterfront spec estate in the gated Old Cutler Bay community for $36 million.
For Martin, who starred on “The Real Housewives of Miami” in seasons 4 through 6 and announced plans to step back from the show in September 2024, the sale closes out a fast and highly profitable stretch on one of Coral Gables’ most coveted waterfront streets. Lopez, who owns the Coconut Grove-based law firm Your Insurance Attorney, turned the purchase into a $21 million gain in less than a year, and the record price shows the luxury market in South Florida is still trading at full strength at the very top.