Singer-songwriter Marc Anthony sold his Bacardi-developed waterfront estate in Coral Gables, Florida for $22.4 million.
It was on the market for $27 million with Anamaria Velasquez of Nexxos Realty. The buyer is unknown, and the agreement has not yet hit records. Chad Carroll of Compass represented the buyer.
Marc Anthony, whose rightful name is Marco Muñiz, paid about $19 million for the three-story mansion in 2018.
The 1.3-acre corner estate with 480 feet of waterfront, adds a wine cellar, swimming pool, and staff quarters.
Hilda Maria Bacardi, the great, great-granddaughter of Bacardi founder Facundo Bacardí Massó, sold the Cocoplum estate to Anthony.
Bacardi gave 8 years supervising its construction and first put the Mediterranean-style mansion up for sale in 2014, before it was completed, valuing at $18 million.
The price rose to $27 million in 2016, the year the mansion was completed.