New Pinecrest Property Sale Record Set By Michael Diaz of Miami Brokers Group

Broker Michael Diaz old the $14.3-million estate, highest in Village of Pinecrest history.

Miami Brokers Group© proudly announces a historic achievement in Pinecrest real estate with the sale of the highest-priced residential property, located at 8900 SW 64th Court, ever recorded in the village’s history. The $14.3-million transaction, finalized on July 15, 2024, marks a significant milestone for the esteemed broker Michael Diaz, showcasing his unparalleled skill and expertise in South Florida’s competitive luxury market.

Michael Diaz, renowned for his exceptional track record in setting high-sale benchmarks across Pinecrest, Horse Country, and Coral Gables, represented the seller in this landmark deal. He successfully negotiated the sale of this luxurious estate, surpassing the previous Pinecrest record of $13.9 million set by Jorge Mas’ former home last year. Michael acquired the buyer before project completion, a recurring achievement in his career, highlighting his skill in connecting with high-net-worth clients and securing exceptional deals even before properties hit the market.

“This new record sale underscores Pinecrest’s ranking as the nation’s 20th wealthiest community,” said Michael. “It highlights the growing demand for luxury properties in this exclusive area and reflects high-net-worth individuals’ confidence in the value and prestige of Pinecrest.”

Florida is home to numerous affluent areas, but only Pinecrest and Palm Beach rank among the top 50 wealthiest communities in the country, as reported by GoBankingRates©. As Florida’s second wealthiest neighborhood, Pinecrest highlights its exceptional status among the nation’s elite neighborhoods and luxury living.

This residential home is a tropical modern masterpiece designed by renowned architect Cesar Molina of CMA Design Studios, Inc. and developed by Dionicio Investment Group.

With 15,098 total square feet of contemporary living space on a 50,529-square-foot lot, the estate features seven bedrooms, eleven full bathrooms, and two half-bathrooms, complemented by an 86-foot pool, an entertaining pavilion, a theater room, a gym, and a guest house. Its MiaCucina-designed interiors, four-car garage, and meticulously landscaped gardens along with tailored water elements further enhance its appeal in Pinecrest’s luxury market.

“This transaction sets a new benchmark for the local real estate market and reinforces Pinecrest’s reputation as a premier destination for affluent buyers seeking unparalleled living experiences,” added Diaz.

Michael Diaz has played a pivotal role in overseeing every facet of this project, from its initial design and construction phases to its successful sale — a role he consistently assumes across various projects past and present. His responsibilities have included advising on design, sourcing materials, managing contracts, and providing diligent oversight to construction teams, ensuring the timely completion of each endeavor. Beyond project management, his adeptness in guiding clients through properties and helping them envision their ideal homes proves his extensive expertise as a seasoned professional in the real estate industry.