Miami’s billionaire ‘Condo King’ is selling his waterfront mansion in a gated Florida community for $33 million. Take a look inside.

miami waterfront mansion with pool surrounded by palm trees
The villa includes 482 feet of water frontage and a private boat dock.

  • The billionaire developer known as Miami’s “Condo King” is selling his waterfront mansion for $33 million.
  • Jorge Perez, who’s worth $1.7 billion, is one of the most prolific real-estate developers in Miami.
  • His sprawling villa comes with an infinity pool and Jacuzzi, nearly 500 feet of water frontage, and a sculpture garden.
  • See more stories on Insider’s business page.
Billionaire real-estate developer Jorge Perez, known as Miami’s “Condo King,” has put his sprawling waterfront mansion on the market for $33 million.

jorge perez in a suit with wife darlene at art event in miami
Jorge Perez and wife Darlene Perez at an art event in Miami, Florida, in March 2018.

Nicknamed Miami’s “Condo King” for his prolific real-estate development in the area, Perez has an estimated net worth of $1.7 billion. He would rake in a more than a $31 million profit if he sells the home at its asking price: He paid $1.45 million for the site in 1994, according to The Wall Street Journal.

Perez is the founder, chairman, and CEO of Florida’s Related Group, which has built more than 100,000 condominium and apartment residences, according to the company.

The developer did not immediately respond to Insider’s request for comment for this story.

Perez’s mansion, known as Villa Cristina, sits on a 40,000-square-foot plot of land that encompasses three lots in the upscale Coconut Grove neighborhood of Miami.

miami waterfront mansion with pool surrounded by palm trees

It’s part of the exclusive Hughes Cove gated community, which only has about 10 homes.

Jill Hertzberg and Jill Eber of The Jills Zeder Group of Coldwell Banker Realty hold the listing.

The residence has 10,000 square feet of interior living space and has 482 feet of water frontage.

miami waterfront mansion with pool surrounded by palm trees

Source: The Jills Zeder Group

The private boat dock overlooks the waters of Biscayne Bay.

small boat docked in miami with palm trees

Source: The Jills Zeder Group

The home doubles as a rotating art gallery for the owner’s private collection, according to the listing.

grand staircass with artwork on wall in miami mansion

Source: The Jills Zeder Group

The three-story house was built in 1996 with the help of Italian artisans, the listing says.

a large living room in a miami mansion

All levels are accessible by an elevator.

The gourmet kitchen features Thermador, Sub-Zero, Miele, and Wolf appliances, as well as a wine cooler and an ice maker.

kitchen in miami mansion

Source: The Jills Zeder Group

The second-floor office has dark wood paneling and Italian woodwork throughout.

large office with bookshelves and wood paneled ceiling in miami mansion

Source: The Jills Zeder Group

The home has six bedroom, six bathrooms, and one half-bathroom.

large bedroom with sea views in miami mansion

Source: The Jills Zeder Group

Outside, an infinity pool is shaded by palm trees and kept private by a thick hedge.

miami waterfront mansion with pool surrounded by palm trees

Source: The Jills Zeder Group

It’s difficult to tell where the infinity pool ends and Biscayne Bay begins.

outdoor waterfront pool with palm trees and hedges

Source: The Jills Zeder Group

Nearby, a Jacuzzi overlooks the water.

outdoor jacuzzi surrounded by palm trees at a waterfront home in miami

Source: The Jills Zeder Group

Right at the edge of the water is an outdoor fire pit and seating area.

outdoor seating area by waterfront mansion in miami

Source: The Jills Zeder Group

The rest of the grounds are occupied by manicured lawns and a sculpture garden.

a sculpture in a grassy yard with palm trees and mansion in background in miami

The home also includes a garage with room for four cars.

After 25 years at Villa Cristina, Perez and his wife downsized to a one-bedroom condo nearby earlier this year, a Related Group spokesperson told the Miami Herald.

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