arts
South Florida’s top deals: CenterPoint offloads Miami trucking facility for $51M
By Mary Diduch at The Real Deal
· July 7, 2026
· 1 min read
🏆 Residential: The highest-priced home sale to hit records was in Coral Gables, where a trust dropped $41.6 million on a 9,100-square-foot mansion at 8565 Old Cutler Road. The seller was 8565 Old Cutler LLC, which purchased the property in 2022 for $38 million. The home, marketed as a tear down, ha
Key takeaway 6 million on a 9,100-square-foot mansion at 8565 Old Cutler Road.
Why this matters in The Miami
The recent sale of a Coral Gables mansion for $41.6 million reflects the ongoing demand for luxury properties in Miami -Dade County. This transaction, along with the sale of a Miami trucking facility, indicates a strong market for high-end real estate in the area. The fact that the mansion, located at 8565 Old Cutler Road, was marketed as a tear down suggests that the buyer may be planning to redevelop the property, potentially adding to the area's stock of modern luxury homes. With its 4.6-acre lot and 300 feet of water frontage, the property offers a unique opportunity for redevelopment in a highly desirable location. As Miami's luxury real estate market continues to attract high-end buyers, it will be worth watching how this trend affects the character of neighborhoods like Coral Gables and the broader Miami-Dade County community.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: arts ·
Published: July 7, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? 🏆 Residential: The highest-priced home sale to hit records was in Coral Gables, where a trust dropped $41.6 million on a 9,100-square-foot mansion at 8565 Old Cutler Road. The seller was 8565 Old Cutler LLC, which purchased the property in 2022 for $38 million. The home, marketed as a tear down, ha
When was this published? This article was first published on July 7, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Mary Diduch at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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