Gables Estates Mansion Asking $40M Finds a Buyer: A Luxury Market Update
A luxury buyer has found a home for his Gables Estates mansion asking .5 million, marking another milestone in the Miami real estate market.
Buyers signed 12 contracts between Nov. 3 and Nov. 9 for luxury properties in Miami-Dade County, according to a report from Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total $120 million in asking dollar volume and averaged 165 days on the market.
The previous week, buyers signed 10 contracts totaling $97.2 million in asking dollar volume.
The report tracks signed contracts for single-family homes and condos asking $4 million or more included on the Multiple Listing Service in Miami-Dade. It identified 70 new listings, for a total of 1,228 listings on the market.
Of the properties that went pending last week, eight were single-family homes and four were condos. For condos, the average asking price was $7.9 million, or $2,294 per square foot. They spent an average of 93 days on the market.
The average asking price for the single-family homes was $11 million. They spent an average of 201 days on the market.
The most expensive home to find a buyer last week was the 12,300-square-foot waterfront mansion at 540 Leucadendra Drive in Coral Gables, asking $39.5 million. It is in the gated Gables Estates neighborhood. Records show the sellers are Guida Yolanda Rodriguez Macedo and Javier Macedo Rodriguez, a member of the board of directors for Miami-based Ocean Bank. They bought the 1-acre waterfront property for $6.2 million in 2015, according to property records. They completed the home in 2018. It includes eight bedrooms, seven bathrooms, four half-bathrooms, a gym, an office, guest quarters and a pool, records and the listing show.
It has been on and off the market for years, asking as much as $45 million. It most recently returned to the market in September asking $39.5 million, Zillow shows. Judy Zeder and Nathan Zeder with the Jills Zeder Group at Coldwell Banker Realty have the listing.
The second most expensive listing to go pending last week was the 6,200-square-foot house at 2931 Emathla Street in Miami, asking $12 million. Records show the sellers are David and Marcela Herskowitz, who bought the half-acre property for $1.7 million in 2020. David Herskowitz is a Los Angeles-based developer and the co-owner of Cutting Edge Developments with the Agency’s Santiago Arana. The Herskowitzes completed the Emathla Street home in 2023, it includes six bedrooms, four bathrooms, a gym, spa facilities and a pool, according records and the listing.
They listed it for $12 million in October, Zillow shows. Mickael Lancri with Mickael Lancri Real Estate has the listing.
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var(–wp–preset–gradient–midnight) !important;}.has-small-font-size{font-size: var(–wp–preset–font-size–small) !important;}.has-medium-font-size{font-size: var(–wp–preset–font-size–medium) !important;}.has-large-font-size{font-size: var(–wp–preset–font-size–large) !important;}.has-x-large-font-size{font-size: var(–wp–preset–font-size–x-large) !important;}”,”type”:”list”,”__typename”:”StyleItem”}],”post”:{“id”:”cG9zdDo5OTk4MjM=”,”databaseId”:999823,”title”:”Ocean Bank board member finds buyer for Gables Estates mansion asking $40M”,”status”:”publish”,”slug”:”gables-estates-mansion-asking-40m-finds-a-buyer”,”uri”:”/miami/2025/11/10/gables-estates-mansion-asking-40m-finds-a-buyer/”,”link”:”https://therealdeal.com/miami/2025/11/10/gables-estates-mansion-asking-40m-finds-a-buyer/”,”dateGmt”:”2025-11-10T20:37:56″,”contentTypeName”:”post”,”contentFiltered”:”u003cpu003eAn Ocean Bank board member found a buyer for his waterfront Gables Estates mansion asking $39.5 million. u003c/pu003enu003cpu003eBuyers signed 12 contracts between Nov. 3 and Nov. 9 for luxury properties in Miami-Dade County, according to a report from u003ca href=”/national/2025/09/24/douglas-elliman-faces-insider-trading-probe/”u003eDouglas Elliman’su003c/au003e u003ca href=”/new-york/2022/12/21/eklund-gomes-signs-5-year-deal-with-elliman/”u003eEklund-Gomesu003c/au003e team. The homes that went pending last week total $120 million in asking dollar volume and averaged 165 days on the market.u003c/pu003enu003cpu003eu003ca href=”/miami/2025/11/03/architect-chad-oppenheim-finds-buyer-for-miami-beach-home/”u003eThe previous weeku003c/au003e, buyers signed 10 contracts totaling $97.2 million in asking dollar volume.u003c/pu003enu003cpu003eThe report tracks signed contracts for single-family homes and condos asking $4 million or more included on the Multiple Listing Service in Miami-Dade. It identified 70 new listings, for a total of 1,228 listings on the market.u0026nbsp;u003c/pu003enu003cpu003eOf the properties that went pending last week, eight were single-family homes and four were condos. For condos, the average asking price was $7.9 million, or $2,294 per square foot. They spent an average of 93 days on the market.u003c/pu003enu003cpu003eThe average asking price for the single-family homes was $11 million. They spent an average of 201 days on the market.u003c/pu003enu003cpu003eThe most expensive home to find a buyer last week was the 12,300-square-foot waterfront mansion at 540 Leucadendra Drive in u003ca href=”/miami/2025/10/16/the-weeknd-pays-record-50m-for-coral-gables-mansion/”u003eCoral Gablesu003c/au003e, asking $39.5 million. It is in the gated Gables Estates neighborhood. Records show the sellers are Guida Yolanda Rodriguez Macedo and Javier Macedo Rodriguez, a member of the board of directors for Miami-based Ocean Bank. They bought the 1-acre waterfront property for $6.2 million in 2015, according to property records. They completed the home in 2018. It includes eight bedrooms, seven bathrooms, four half-bathrooms, a gym, an office, guest quarters and a pool, records and the listing show.u0026nbsp;u003c/pu003enu003cpu003eIt has been on and off the market for years, asking as much as $45 million. It most recently returned to the market in September asking $39.5 million, Zillow shows. Judy Zeder and Nathan Zeder with the Jills Zeder Group at Coldwell Banker Realty have the listing.u003c/pu003enu003cpu003eThe second most expensive listing to go pending last week was the 6,200-square-foot house at 2931 Emathla Street in Miami, asking $12 million. Records show the sellers are David and Marcela Herskowitz, who bought the half-acre property for $1.7 million in 2020. David Herskowitz is a Los Angeles-based developer and the co-owner of Cutting Edge Developments with the Agency’s Santiago Arana. The Herskowitzes completed the Emathla Street home in 2023, it includes six bedrooms, four bathrooms, a gym, spa facilities and a pool, according records and the listing.u003c/pu003enu003cpu003eThey listed it for $12 million in October, Zillow shows. Mickael Lancri with Mickael Lancri Real Estate has the listing.u003c/pu003en”,”noAds”:false,”alternativeHeadline”:{“subheadline”:”Miami-Dade County buyers signed 12 deals last week totaling $120M in asking dollar volume”,”__typename”:”AlternativeHeadline”},”updatedPost”:{“updated”:false,”date”:”2025-11-10T20:41:00+00:00″,”__typename”:”UpdatedPost”},”aiSummary”:{“summary”:”u003cpu003eu003c!– wp:list –u003eu003c/pu003ernu003cul class=”wp-block-list”u003eu003c!– wp:list-item –u003ernu003cliu003eAn Ocean Bank board member found a buyer for his waterfront Gables Estates mansion, which was asking $39.5 million.u003c/liu003ernu003c!– /wp:list-item –u003ernrnu003c!– wp:list-item –u003ernu003cliu003eBuyers signed 12 contracts for luxury properties (asking $4 million or more) in Miami-Dade County between Nov. 3rd and Nov. 9th, totaling $120 million in asking dollar volume.u003c/liu003ernu003c!– /wp:list-item –u003ernrnu003c!– wp:list-item –u003ernu003cliu003eThe second most expensive property to go under contract was a 6,200-square-foot house at 2931 Emathla Street in Miami, asking $12 million.u003c/liu003ernu003c!– /wp:list-item –u003eu003c/ulu003ernu003cpu003eu003c!– /wp:list –u003eu003c/pu003e”,”reviewed”:true,”disabled”:false,”autoGenerate”:false,”__typename”:”AISummary”},”audioArticleSettings”:{“audioUrl”:”https://eleven-public-cdn.elevenlabs.io/audio-native/a24c95b71e45d877e2798ceb32ef0ff8b1d79dced18bffc58f5b3a0c6e8468ac/tO0DehsySIeuSzogLicq/tO0DehsySIeuSzogLicq.mp3″,”__typename”:”AudioArticleSettings”},”mainArt”:{“mediaType”:”image”,”image”:{“node”:{“sourceUrl”:”/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-1400×913.jpg”,”srcSet”:”/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-1400×913.jpg 1400w, /wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-300×196.jpg 300w, /wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-700×456.jpg 700w, /wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-200×130.jpg 200w, /wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-768×501.jpg 768w, /wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-1024×668.jpg 1024w, /wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-50×33.jpg 50w, /wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer.jpg 1500w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003e540 Leucandendra Drive and Judy Zeder and Nathan Zeder with the Jills Zeder Group at Coldwell Bankeru0026#8230;u003c/pu003en”,”altText”:”540 Leucandendra Drive and Judy Zeder and Nathan Zeder with the Jills Zeder Group at Coldwell Banker Realty”,”__typename”:”MediaItem”},”__typename”:”AcfMediaItemConnectionEdge”},”video”:null,”caption”:”540 Leucandendra Drive and Judy Zeder and Nathan Zeder with the Jills Zeder Group at Coldwell Banker Realty (Google Maps, Jills Zeder Group)”,”__typename”:”MainArt”},”featuredImage”:{“node”:{“sourceUrl”:”https://static.therealdeal.com/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-1400×913.jpg”,”srcSet”:”https://static.therealdeal.com/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-1400×913.jpg 1400w, https://static.therealdeal.com/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-300×196.jpg 300w, https://static.therealdeal.com/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-700×456.jpg 700w, https://static.therealdeal.com/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-200×130.jpg 200w, https://static.therealdeal.com/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-768×501.jpg 768w, https://static.therealdeal.com/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-1024×668.jpg 1024w, https://static.therealdeal.com/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer-50×33.jpg 50w, https://static.therealdeal.com/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer.jpg 1500w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003e540 Leucandendra Drive and Judy Zeder and Nathan Zeder with the Jills Zeder Group at Coldwell Bankeru0026#8230;u003c/pu003en”,”altText”:”540 Leucandendra Drive and Judy Zeder and Nathan Zeder with the Jills Zeder Group at Coldwell Banker Realty”,”mediaDetails”:{“sizes”:[{“width”:”1400″,”height”:”913″,”__typename”:”MediaSize”}],”__typename”:”MediaDetails”},”__typename”:”MediaItem”},”__typename”:”NodeWithFeaturedImageToMediaItemConnectionEdge”},”__typename”:”Post”,”template”:{“templateValue”:”right-rail”,”__typename”:”DefaultTemplate”},”seo”:{“title”:”Gables Estates Mansion Asking $40M Finds a Buyer”,”fullHead”:”u003c!– This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v26.1.1) – https://yoast.com/wordpress/plugins/seo/ –u003enu003cmeta name=”description” content=”Buyers signed 12 contracts between Nov. 3 and Nov. 9 for luxury properties in Miami-Dade County, according to a report from Douglas Elliman. ” /u003enu003cmeta name=”robots” content=”index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1″ /u003enu003clink rel=”canonical” href=”https://therealdeal.com/miami/2025/11/10/gables-estates-mansion-asking-40m-finds-a-buyer/” /u003enu003cmeta property=”og:locale” content=”en_US” /u003enu003cmeta property=”og:type” content=”article” /u003enu003cmeta property=”og:title” content=”Ocean Bank board member finds buyer for Gables Estates mansion asking $40M” /u003enu003cmeta property=”og:description” content=”Buyers signed 12 contracts between Nov. 3 and Nov. 9 for luxury properties in Miami-Dade County, according to a report from Douglas Elliman. ” /u003enu003cmeta property=”og:url” content=”https://therealdeal.com/miami/2025/11/10/gables-estates-mansion-asking-40m-finds-a-buyer/” /u003enu003cmeta property=”og:site_name” content=”The Real Deal” /u003enu003cmeta property=”article:publisher” content=”https://www.facebook.com/therealdealmedia/” /u003enu003cmeta property=”article:published_time” content=”2025-11-10T20:37:56+00:00″ /u003enu003cmeta property=”article:modified_time” content=”2025-11-10T20:38:16+00:00″ /u003enu003cmeta property=”og:image” content=”https://static.therealdeal.com/wp-content/uploads/2025/11/Gables-Estates-Mansion-Asking-40M-Finds-a-Buyer.jpg” /u003entu003cmeta property=”og:image:width” content=”1500″ /u003entu003cmeta property=”og:image:height” content=”978″ /u003entu003cmeta property=”og:image:type” content=”image/jpeg” /u003enu003cmeta name=”author” content=”Kate Hinsche” /u003enu003cmeta name=”twitter:card” content=”summary_large_image” /u003enu003cmeta name=”twitter:description” content=”An Ocean Bank board member found a buyer for his waterfront Gables Estates mansion asking $39.5 million. Buyers signed 12 contracts between Nov. 3 and Nov. 9 for luxury properties in Miami-Dade County, according to a report from Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total $120 million in asking dollar volume and averaged 165 days on the market. The previous week, buyers signed 10 contracts totaling $97.2 million in asking dollar volume. The report tracks signed contracts for single-family homes and condos asking $4 million or more included on the Multiple Listing Service in Miami-Dade. [u0026hellip;]” /u003enu003cmeta name=”twitter:creator” content=”@trdny” /u003enu003cmeta name=”twitter:site” content=”@trdny” /u003enu003cmeta name=”twitter:label1″ content=”Written by” /u003entu003cmeta name=”twitter:data1″ content=”Kevin Rebong” /u003entu003cmeta name=”twitter:label2″ content=”Est. reading time” /u003entu003cmeta name=”twitter:data2″ content=”3 minutes” /u003enu003cscript type=”application/ld+json” class=”yoast-schema-graph”u003e{“@context”:”https://schema.org”,”@graph”:[{“@type”:”NewsArticle”,”@id”:”https://therealdeal.com/miami/2025/11/10/gables-estates-mansion-asking-40m-finds-a-buyer/#article”,”isPartOf”:{“@id”:”https://therealdeal.com/miami/2025/11/10/gables-estates-mansion-asking-40m-finds-a-buyer/”},”author”:[{“@type”:”Person”,”@id”:”https://therealdeal.com/#/schema/person/772e8eeff7747b84a41fe5a92c120594″,”name”:”Kate 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Miami market relevance
If this topic impacts buyers or sellers, the most useful context is what is happening locally. Track current pricing, inventory, and days on market in Miami, and compare active listings by building or neighborhood before making decisions.
Browse current Miami listings or request a tailored report.
According to a report from Douglas Elliman’s Eklund-Gomes team, buyers signed 12 contracts between Nov. 3 and Nov. 9 for luxury properties in Miami-Dade County.
Gables Estates Mansion Asking: Practical Checklist
- Confirm scope and audience
- Define the content goal and CTA
- Use clear headings and examples
- Add supporting internal links
- Review before publishing
Most quality issues come from unclear scope and rushed publishing. A simple checklist improves consistency and readability.
Review your introduction, headings, and conclusion to ensure the article matches search intent and provides practical next steps for the reader.
FAQ: Gables Estates Mansion Asking
What should be planned first?
Start with the goal, audience, and deliverables so the final content and media support the same outcome.
Need help implementing this workflow? Contact Miami Real Estate Insights & Market Trends to plan a practical content and media process.
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