Corey Schwartz, president of The 305 Homes Team at RE/MAX Advance Realty, together with team member Ashlee Albert-Hernandez, recently sold a waterfront property in Coral Gables’ exclusive Gables Estates community for $8.2 million.

The 1.2 acre lot, located at 20 Casuarina Concourse, includes 52,502 square feet of land and 202 feet of water frontage with direct access to Biscayne Bay. The vacant lot last sold for $7.55 million in August 2017.

The buyer of the property was 20 Casuarina, LLC, represented by Matthew Elliott and Victor Olaniel from Engel & Völkers. The seller was a Florida limited liability company.      

According to Schwartz, the seller had planned to build their Cesar Molina-designed dream house on the property, but instead decided to explore other options in their home country.”

Schwartz is a member of the Miami Master Brokers Forum, the RE/MAX Hall of Fame, and a recipient of the company’s Platinum Club Award. In 2019, his team was named “Best Team” by South Florida Agent