The recent purchase of the Andre Hakkak House, a $13.7 million mansion in Coral Gables, showcases his penchant for luxury and architectural splendor. Among his many achievements, this purchase has garnered widespread attention. This article delves into the details of Andre Hakkak’s stunning residence, its architectural brilliance, and the allure of living in one of Florida’s most exclusive neighborhoods.
Who Is Andre Hakkak?
Andre Hakkak is a prominent name in the financial world and the co-founder of White Oak Global Advisors, where he serves as a co-portfolio manager. With years of expertise in financial strategies and investments, Hakkak has built a reputation for making calculated and lucrative decisions.
His wife, Marissa Shipman, is equally accomplished as the founder of Balm Cosmetics. Together, the couple exemplifies success, blending professional achievements with a refined taste for luxury.
Andre Hakkak House: A Marvel In Coral Gables
Nestled in the prestigious Gables Estates neighborhood, the Andre Hakkak house is a sprawling 9,890-square-foot mansion offering an extraordinary blend of comfort, elegance, and functionality. Purchased in 2020, this property reflects Hakkak’s penchant for luxury and strategic investment.
Key Features Of The Mansion
Modern Architecture
Built in 2016, the house features sleek, contemporary architectural designs. The use of high ceilings, expansive glass windows, and open floor plans creates an airy and light-filled environment.
Spacious Design
The mansion boasts six bedrooms, nine full bathrooms, and two half bathrooms, making it ideal for both family living and entertaining guests. With nearly 10,000 square feet of living space, every room exudes sophistication and practicality.
State-Of-The-Art Amenities
From a private home gym equipped with the latest fitness gear to a media room for entertainment, the Andre Hakkak house offers everything one could desire for a modern lifestyle. A summer kitchen and a six-car garage add to the home’s allure, catering to outdoor living and luxury car enthusiasts.
Location: The Charm Of Gables Estates
Gables Estates is a premier neighborhood in Coral Gables, known for its exclusivity, security, and scenic beauty. Home to some of the most luxurious properties in Florida, the area provides residents with privacy while being conveniently located near top schools, restaurants, and cultural attractions.
The neighborhood’s well-maintained surroundings and water-accessible homes make it a haven for high-net-worth individuals seeking serenity and convenience.
Architectural Resilience & Safety
Florida’s unpredictable weather, especially hurricanes, demands robust construction, and the Andre Hakkak house delivers. Built using impact-resistant windows and modern engineering techniques, this mansion prioritizes safety without compromising elegance. Its strong foundation and hurricane-proof materials ensure peace of mind for its residents.
Real Estate As An Investment
Andre Hakkak’s decision to purchase this mansion highlights the strategic financial benefits of investing in Florida real estate. With no state income tax and a rising demand for luxury homes, Florida has become a preferred destination for affluent individuals.
Sale Of Coral Gables Mansion & Future Investments
In 2024, Hakkak and Shipman sold their Coral Gables mansion for a staggering $27.7 million, nearly doubling their initial investment. Shortly after, they acquired another luxury property in Pinecrest for $14 million. This series of transactions underscores their expertise in real estate, turning properties into significant financial assets.
Wrap Up
Andre Hakkak’s Coral Gables mansion is more than a residence; it is a testament to his achievements, lifestyle, and strategic foresight. Located in one of Florida’s most exclusive neighborhoods, the house combines architectural brilliance, luxurious amenities, and financial wisdom. The couple’s ability to capitalize on high-end real estate opportunities reflects their vision and success. With their recent ventures into other prestigious properties, their story continues to inspire admiration and curiosity.
FAQs
- What is the value of Andre Hakkak’s Coral Gables house?
The mansion was purchased for $13.7 million and sold in 2024 for $27.7 million.
- Where is the Andre Hakkak house located?
The property is situated in the exclusive Gables Estates neighborhood of Coral Gables, Florida.
- What are some unique features of the house?
The mansion includes six bedrooms, nine full bathrooms, a home gym, a summer kitchen, and a six-car garage.
- Why did Andre Hakkak choose Florida for his residence?
Florida’s lack of state income tax and its luxurious real estate market make it an attractive choice for high-net-worth individuals.
