The prestigious neighborhood of Coral Gables, Florida, stands an extraordinary luxury residence that represents the pinnacle of sophisticated living.
This architectural masterpiece, designed by renowned architect Cesar Molina, spans an impressive 17,215 square feet and was acquired by Andre Hakkak in 2020 for $14 million.
The property, which recently sold for a remarkable $27.5 million in 2024, showcases the perfect blend of contemporary design, cutting-edge technology, and luxurious amenities that define ultra-high-end real estate in South Florida..
Who is Andre Hakkak?
Andre Hakkak stands as a prominent figure in the financial industry as the CEO and co-founder of White Oak Global Advisors. Born January 5th, 1973, his accomplishments include.
| Category | Details |
| Name | Andre Hakkak |
| Date of Birth | January 5th, 1973 |
| Education | B.S. in Marketing and Finance from UC Berkeley |
| Career | Co-founder and CEO of White Oak Global Advisors (founded in 2007) |
| Portfolio | Manages over $20 billion in deployed capital |
| Personal Life | Married to Marissa Shipman, founder of Balm Cosmetics |
| Net Worth | Estimated $200 million |
Andre Hakkak House in Coral Gables
The luxury mansion at 8950 Arvida Dr stands as a masterpiece of contemporary design, spanning 17,215 square feet on a 1.94-acre lot. Originally built in 2016, Andre Hakkak acquired this architectural gem in 2020 for $14 million, showcasing his eye for exceptional real estate investments. The property, designed by renowned architect Cesar Molina, features a perfect blend of modern aesthetics and functional living spaces, making it one of Coral Gables’ most prestigious addresses.
Bedrooms and Bathrooms
The residence boasts seven meticulously designed bedrooms, including a luxurious master suite with dual walk-in closets and a private terrace. Each of the eleven full bathrooms and two half bathrooms features premium fixtures, heated floors, and designer finishes that reflect sophisticated taste. The master suite includes additional amenities like a morning kitchen and private office space, creating a self-contained retreat within the home.
Kitchen Area
The gourmet kitchen serves as the heart of this magnificent home, equipped with professional-grade appliances and custom Italian cabinetry. A massive center island topped with premium quartzite provides ample space for casual dining and entertainment, while the adjacent butler’s pantry offers additional storage and prep areas. The space also includes a separate catering kitchen, perfect for large-scale entertaining and special events.
Entertainment Features
The home’s entertainment spaces rival those of luxury resorts, featuring a state-of-the-art home theater with 4K projection and premium sound systems. A professional-grade fitness center includes a yoga studio and steam room, while the wine cellar provides perfect storage conditions for fine vintages. The game room and art studio offer additional recreational spaces for diverse interests and activities.
Outdoor Area
The exterior spaces create a private paradise centered around an 85-foot infinity pool with accompanying hot tub and sun deck. A fully equipped outdoor kitchen features a professional grill station, pizza oven, and comfortable bar seating for al fresco dining. The meticulously landscaped grounds include tropical gardens, meditation paths, and serene water features that create a resort-like atmosphere.
Internal Technologies
The residence incorporates cutting-edge smart home technology with comprehensive security systems including biometric access and 24/7 surveillance. Advanced home automation controls everything from climate and lighting to audio-visual systems and window treatments. The property’s technological infrastructure includes whole-house Wi-Fi, integrated communication systems, and energy management solutions.
Premier Location
Situated in the exclusive Coral Gables community, the property enjoys premier status within one of Miami’s most prestigious neighborhoods. The gated community provides exceptional privacy and security while offering easy access to top-tier schools, luxury shopping, and fine dining establishments. The location combines the serenity of a private estate with convenient proximity to Miami’s cultural and business centers.
Investment Value
The property proved to be an exceptional investment, selling in 2024 for $27.5 million to a trust led by Jacob Siewert. This sale represented a remarkable 96% return on investment over just four years, demonstrating the strength of the ultra-luxury real estate market in Coral Gables. The significant appreciation reflects both the property’s inherent quality and its prime location.
Architectural Excellence
Cesar Molina’s design masterfully blends contemporary aesthetics with functional living spaces through clean lines and natural materials. The architecture maximizes natural light and creates seamless indoor-outdoor flow while maintaining privacy and security throughout the property. Premium construction materials and expert craftsmanship ensure both lasting value and timeless appeal in this exceptional residence.
READ THIS BOLG: “Start Writing for LuxuryInteriors.org – Share Your Interior Design Expertise”
Frequently Asked Questions
What was the final sale price of the property?
The property sold for $27.5 million in 2024, representing a $13.5 million profit from its 2020 purchase price of $14 million.
What are the key security features?
The residence features comprehensive security including biometric access, 24/7 surveillance, motion detection, and gated entrance with guard house.
How large is the property?
The main residence spans 17,215 square feet on a 1.94-acre lot, featuring seven bedrooms and thirteen bathrooms.
What unique amenities does the property offer?
Distinguished features include an 85-foot infinity pool, professional home theater, spa facility, six-car garage, and both indoor and outdoor chef’s kitchens.
Who designed the property?
The residence was designed by renowned architect Cesar Molina in 2016, featuring contemporary styling with modern amenities.
Conclusion
Andre Hakkak’s Coral Gables residence exemplifies the pinnacle of luxury real estate in South Florida. This masterpiece combines architectural excellence, technological innovation, and premium amenities.
The successful $27.5 million sale in 2024 demonstrates both the property’s inherent value and the strength of the ultra-luxury market in this prestigious location.
Jon is a seasoned SEO expert with a passion for content writing, keyword research, and web development. He combines technical expertise with creative strategies to deliver exceptional digital solutions.
