Guilherme Federico, CEO and portfolio manager of a Miami-based family office, bought a Fisher Island mansion for $21 million.
Records show 6915 Valencia Drive, a Florida entity managed by Federico, bought the home at 6915 Valencia Drive from SF US Properties Limited, a foreign entity managed by Irina Alexandrovna Gavrilovskaia. The entity is based in Guernsey, one of the English Channel Islands, known as a financial services hub.
Mariana Niro of Serhant represented both the buyer and seller in the deal. She did not respond to requests for comment.
Federico helms Moto Capital Group, a Miami-based family office. In 2022, the firm sold the Lord Balfour hotel on Ocean Drive in Miami Beach for $39.3 million.
Gavrilovskaia’s Guernsey firm bought the Fisher Island mansion for $12 million in 2011, records show. The 9,400-square-foot home was built on 0.3 acres in 2007, according to property records. It has six bedrooms, nine bathrooms, one half-bathroom and a pool. It hit the market for $28 million in February, and the price was dropped to $24.9 million in September. It sold for $7 million off the original asking price.
Fisher Island is a private island off the coast of Miami Beach only accessible by boat, ferry or helicopter. It is one of South Florida’s wealthiest enclaves, and includes a private club, golf course, beaches, and a school. Single-family homes are a rarity on the island, where the real estate market is dominated by luxury condos. Billionaire French perfume mogul Jean Madar is planning six spec mansions with prices ranging from $31 million to $55 million. In June, tennis pro Caroline Wozniacki and her husband, former basketball star David Lee, sold their Fisher Island penthouse for $37 million.