A Miami-Area Mansion With a Swarovski Chandelier for Every Room—Including the Walk-in Closet—Lists for $47 Million
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A Miami-Area Mansion With a Swarovski Chandelier for Every Room—Including the Walk-in Closet—Lists for $47 Million

The Mediterranean-style waterfront home spans over 12,000 square feet in the gated Gables Estates community

By CHAVA GOURARIE
Fri, Oct 25, 2024 8:47amGrey Clock 2 min

A waterfront mansion in Coral Gables, Florida, with a Swarovski chandelier in almost every room is up for sale asking $47 million.

The Miami Mediterranean-style home spans over 12,000 square feet on Arvida Parkway in the gated Gables Estates community. It was built in 2004, but the home’s red-gabled roof, arched windows, and columned exterior recall the grand Coral Gables estates of the 1920s.

The home, located on a 0.8-acre parcel with 225 feet of water frontage, includes seven bedrooms, an oceanfront pool, a dock and a wine cellar that can hold 2,700 bottles. In the rear of the home, every room has French doors that open to bay-facing loggia with views of Key Biscayne in the distance.

“The beauty of this property is where it sits,” said listing agent Maria Marin-Sanchez, who relisted the house alongside Gabriela Dejar of One Sotheby’s International Realty last week. “You can see the bay from almost every room in the house except the wine cellar and one bedroom that faces the front.”

The home was initially listed in March at the same price with a different brokerage and was removed from the market in May.

Interior features include marble flooring, an updated kitchen, unique tray ceilings in every room and Swarovski-encrusted chandeliers, many of which are included in the sale. There are chandeliers in the foyer, the sitting room, both dining rooms, at least one of the bedrooms, two in the kitchen, plus a few unlikely places, such as the primary walk-in closet and wine cellar.

French doors open to bay-facing loggia with views of Key Biscayne in the distance.
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In addition to the yard, a covered outdoor space spans over 2,000 square feet and includes a grill and multiple lounge areas.

Gables Estates, a gated community of 192 waterfront homes on a series of canals, is the most exclusive community in one of the wealthiest neighbourhoods in the country. The typical home in Gables Estates sells for more than $20 million, making it the most expensive enclave in the country, according to a Bloomberg analysis of Zillow data.

The sellers purchased the home, located on a peninsular cul-de-sac, in 2012 for $10.215 million. A neighbouring home is currently on the market for $57 million, while billionaire Mike Fernandez, CEO of MBF Healthcare has amassed an 8-acre spread at the end of the peninsula for more than $36 million.

The couple are looking to sell because it’s a large house for two people, Marin-Sanchez said.



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International AI strategist Justin Kabbani will headline the Kanebridge Property Summit in Sydney on June 18, with tickets selling fast.

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International AI strategist Justin Kabbani will headline the Kanebridge Property Summit in Sydney on June 18, with tickets selling fast.

By Staff Writer
Tue, May 26, 2026 2 min

Artificial intelligence is rapidly reshaping business, investment and competitive advantage, and now Australia’s property industry is being told it cannot afford to sit on the sidelines. 

International keynote speaker and AI strategist Justin Kabbani will headline the Kanebridge Property Summit at RACA Sydney on June 18, bringing rare insight into how forward-thinking property professionals can use AI to move faster, make smarter decisions and gain a serious edge in an increasingly competitive market. 

Justin Kabbani, International keynote speaker and AI strategist

Tickets to the exclusive summit are already selling fast. 

Having worked with global brands including Uber, PepsiCo, Mattel and Destination NSW, Kabbani has become one of the leading voices on how businesses can turn AI from a buzzword into a genuine commercial advantage. 

Known for his high-energy and highly practical presentations, Kabbani cuts through the hype surrounding AI and focuses on what actually matters: productivity, growth, leadership and real-world business results. 

His keynote will explore how AI is already transforming industries globally, and what property developers, investors, agents and business leaders need to understand now to avoid being left behind. 

Importantly, the session is designed to be practical, not theoretical. 

Attendees will hear how AI can be applied across marketing, sales, operations and decision-making to improve efficiency, sharpen strategy and create new competitive advantages in a rapidly changing business environment. 

The summit will also feature an exclusive roundtable bringing together leading property and finance experts for a candid, off-the-record Q&A exploring the forces shaping investment, development and wealth creation across Australia’s prestige property market. 

The event follows the success of last year’s sold-out summit and will once again be hosted by respected MC John Alten. 

With AI becoming one of the biggest disruptors facing business, the June 18 summit is expected to attract strong interest from property professionals, investors and business leaders looking to stay ahead of the curve. 

The followings are included in every ticket:

  • Full access to keynote sessions and the interactive roundtable.
  • Premium selection of canapés and beverages throughout the evening.
  • Complimentary annual digital subscription to two leading publications (Wall Street Journal and Kanebridge Quarterly), providing essential coverage of local and global markets, property trends and investment strategy.

Tickets are limited and selling quickly and you can buy here

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