The sale set highs for a non-waterfront property in the Grove in both overall price and price per square foot ($818). Ernesto Zedillo Velasco was revealed as the buyer. His father, Ernesto Zedillo, served as president of Mexico from 1994 to 2000.
Located in Camp Biscayne, the 6,212-square-foot residence was built in 2012 after the property was acquired for a little under $800,000. It was initially asking $6.95 million as of last summer before getting reduced by $1 million in January.
Designed by Shulman + Associates, Hammock House has six bedrooms, eight bathrooms, and features a magical glass-enclosed living room. It was inspired by the jungle scenery of painter Henri Rousseau.
Miami Luxury Homes’ Michael Light and Rafael Montejo represented the seller, both of Douglas Elliman, while Riley Smith of EWM Realty International represented the buyer.
“Hammock House is an extraordinary residence,” Light said. “It is a stunning modern home in the center of Coconut Grove merely walking distance to an eclectic variety of shopping, dining and entertainment, but when you are at the residence, you feel as if you are relaxing in a five-star private villa in Costa Rica.”
Take a drone tour of the spectacular property over here.