Real Estate Developer Sells Miami Beach Estate for $4.6 Million
Bigwig real estate developer Richard Meruelo of Miami-based Merco Group and CEO of Los Angeles-based Meruelo-Maddux Properties has sold his property at 5745 Pinetree Drive in Miami Beach for $4.6 million. Meruelo and his wife, Maria, bought the 8,600 Mediterranean-style mansion and adjoining lot for $5.6 million in 2005.
Merco Group also built Akoya, at 6365 Collins Avenue in Miami Beach, and is in the process of developing NoBe Bay, at 6700 Indian Creek Drive in Miami Beach. Additionally, Merco owns the Deauville Hotel, 6700 Collins Avenue, and attempted to convert it to a condo-hotel in 2004.
Outside of Miami, Richard Meruelo has control over more total acreage in Los Angeles than almost any other landowner in the area with a total of more than 5 million square feet of land and 50 properties.
Related Articles
The Hottest New Restaurant Openings in Aspen This Winter
From chef-driven debuts to glamorous pop-ups, discover the hottest new restaurant openings in Aspen this winter.
Rag & Bone’s Beloved Sweatpant Jeans Have a New Look
We’re getting the jump on Rag & Bone’s newest addition to the iconic sweatpant-denim category: Miramar Sport
How Kate Hardy Built Home & Laundry Into a Brand Where Style Meets Sustainability
Sustainable home care meets elevated design as Home & Laundry by Kate Hardy redefines eco-friendly living with beauty, performance, and purpose.
How SKYX Is Making Miami Homes Smarter and Safer
SKYX Platforms partners with SG Holdings to bring advanced smart home technology and electrical safety to Miami’s Little River.
Inside the New Chanel Boutique in Boca Raton
Today, Chanel opened its highly anticipated new boutique at the Town Center at Boca Raton, Florida—and it’s incredibly chic.
Game, Set, Pour: Reserve Miami’s Most Well-Served Match
At Reserve Cup Miami, the lush green courts buzzed with intensity as Team Reserve dominated the game, reinforcing the sport’s status as Miami’s newest obsession. With flawless weather overhead and the city showing off in full form, the event felt like Miami’s Wimbledon. Just louder, sleeker and significantly more tequila-forward. As your focus drifts […]
Latest Stories
Trending Articles
Related Articles
The Hottest New Restaurant Openings in Aspen This Winter
From chef-driven debuts to glamorous pop-ups, discover the hottest new restaurant openings in Aspen this winter.
Rag & Bone’s Beloved Sweatpant Jeans Have a New Look
We’re getting the jump on Rag & Bone’s newest addition to the iconic sweatpant-denim category: Miramar Sport
How Kate Hardy Built Home & Laundry Into a Brand Where Style Meets Sustainability
Sustainable home care meets elevated design as Home & Laundry by Kate Hardy redefines eco-friendly living with beauty, performance, and purpose.
How SKYX Is Making Miami Homes Smarter and Safer
SKYX Platforms partners with SG Holdings to bring advanced smart home technology and electrical safety to Miami’s Little River.
Inside the New Chanel Boutique in Boca Raton
Today, Chanel opened its highly anticipated new boutique at the Town Center at Boca Raton, Florida—and it’s incredibly chic.
Game, Set, Pour: Reserve Miami’s Most Well-Served Match
At Reserve Cup Miami, the lush green courts buzzed with intensity as Team Reserve dominated the game, reinforcing the sport’s status as Miami’s newest obsession. With flawless weather overhead and the city showing off in full form, the event felt like Miami’s Wimbledon. Just louder, sleeker and significantly more tequila-forward. As your focus drifts […]
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events