Real Estate
A Miami Beach estate built by the city’s founding Collins family just sold for $14.5 million – more than 40 percent off its original $25 million price tag. An entity controlled by German Prieto, Jose Vazquez and Angele B. Espuny de Prieto sold the 2-acre, nearly 14,000-square-foot mansion at 5011 Pine Tree Drive, records show. The deal breaks down to $1,070 per square foot. The company paid $7.9 million for the property in 2004. The ... [more]

In this article