Nicolas Group Closes Two $10 Million Pinecrest Sales, Highlighting Luxury Market Strength
The Nicolas Group at SERHANT has completed two $10 million home sales in Pinecrest within two months, demonstrating the area's growing prominence in Miami's luxury real estate market and the group's market dominance.
The Nicolas Group at SERHANT has solidified its position in Pinecrest's luxury real estate market by closing two $10 million transactions within a two-month period. This achievement follows agent Angel Nicolas's recent move to the tech-powered real estate firm, bringing with him nearly $2 billion in career sales and over $200 million in closed transactions in the past year alone.
The first property at 8825 SW 64th Court sold for $10 million, with Nicolas and Ale Alfonso representing both buyer and seller. This gated North Pinecrest estate occupies a 50,529-square-foot lot and features eight bedrooms, nine and a half bathrooms, a theater, gym, office, three-car garage, and double carport. The property boasts a grand coral stone entrance with dual water features, rich Peruvian teak wood accents, an Italkraft kitchen with Wolf appliances, custom MiaCucina closets and vanities, a glass-enclosed wine display, full-house generator, Control4 automation system, resort-style pool, summer kitchen, and gazebo.
The second transaction involved 5796 SW 91st Street, developed by Urbane Miami, which also closed for $10 million with Nicolas representing the seller. This two-story corner estate spans 11,557 square feet with 9,357 square feet of living space on nearly an acre. The residence includes seven bedrooms, eight full bathrooms, two powder rooms, media room, office, and gym, featuring an artisan floating staircase, hand-pressed terrazzo, and double primary closet. Additional amenities include a separate guest house, service quarters, dual laundry rooms, and an outdoor retreat with heated saltwater pool, spa, and summer kitchen.
Pinecrest has emerged as one of Miami's most sought-after luxury enclaves, known for its oversized lots, prestigious schools, and lush tree-lined streets. The area attracts high-net-worth buyers seeking privacy while maintaining proximity to Miami's urban core. These consecutive $10 million sales underscore both The Nicolas Group's market dominance and Pinecrest's growing significance in Miami's luxury real estate landscape, reflecting the sustained demand for premium properties in established neighborhoods with strong community amenities and investment potential.