A waterfront lot in the Gables Estates community has been sold for $41.6 million. The property, located at 8565 Old Cutler Road in Coral Gables, spans 4.6 acres. It was previously owned by a hidden entity, 8565 Old Cutler LLC, which is managed by Logan Gans.

The sale of this lot is notable, as it may have resulted in the seller breaking even or incurring a loss. Further details about the transaction are available from the source. Limited information is available about the property's history, except that it is situated in an exclusive community and has a significant waterfront presence.

For more information, readers can refer to the original source.