Tahiti Beach Mega-Mansion Shatters Coral Gables Record at $32 Million

A Tahiti Beach Island trophy home just rewrote the record books in Coral Gables, closing for $32 million and setting a new price high for the gated Cocoplum enclave. The two-story estate at 12 Tahiti Beach Island Road spans about 10,400 square feet on roughly 0.93 acres, with six bedrooms, multiple baths, a pool and a private dock. The sale marks a sharp jump from what the owners paid in 2008 and underscores how hungry the market still is for ultra-luxury waterfront property.

Sale and representation

Records show Lauren Sturges, the widow of tech executive Charles M. Fernandez, sold the property to a trust named for the address. The listing was held by Dora Puig of Luxe Living Realty, while the buyer was represented by Alex Pirez of Mocca Realty,…..

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