In the world of luxury real estate, few properties capture the imagination quite like the .by Andre Hakkak, a renowned financier and co-founder of White Oak Global Advisors, the estate has quickly become a symbol of elegance and sophistication.
This article takes an in-depth look at the Andre Hakkak House, exploring its architectural marvels, luxurious amenities, and the significant impact it has had on Pinecrest’s real estate market. From its record-setting acquisition to its exquisite design, every aspect of this property underscores its status as a true masterpiece.
1. Background on Andre Hakkak
1.1 Professional Achievements
Andre Hakkak is a prominent figure in the financial world. As the CEO and co-founder of White Oak Global Advisors, he has led the firm in managing billions of dollars in assets, specializing in customized financing solutions for businesses across the globe. His expertise and innovative approach to finance have cemented his reputation as a visionary leader in the industry.
1.2 Real Estate Ventures
In addition to his professional accomplishments, Andre Hakkak has demonstrated a deep appreciation for luxury real estate. His investments reflect a keen eye for value and an understanding of architectural excellence. The Pinecrest mansion is the latest jewel in his portfolio, showcasing his penchant for properties that epitomize modern luxury.
2. The Record-Breaking Acquisition
2.1 Details of the Purchase
In July 2024, Andre Hakkak made headlines by acquiring a spec mansion in Pinecrest for $14.3 million. Located at 8900 Southwest 64th Court, the property was developed by Francisco Dionicio’s Dionicio Investment Group. The sale not only set a new record for Pinecrest but also underscored the growing allure of this upscale Miami suburb.
2.2 Significance of the Deal
The transaction marked the highest residential sale in Pinecrest history, highlighting the estate’s exceptional value. This milestone reflects the rising demand for luxury homes in the area and solidifies Pinecrest’s position as a coveted destination for affluent buyers.
3. Architectural Brilliance of the Andre Hakkak House
3.1 Exterior Design
The mansion’s contemporary design is a stunning blend of form and function. Spanning 10,500 square feet on a sprawling 1.2-acre lot, the property features clean lines, expansive glass walls, and a seamless integration with its natural surroundings. Its modern aesthetic is both timeless and innovative.
3.2 Interior Layout
Inside, the mansion boasts seven bedrooms, eleven bathrooms, and two half-bathrooms. The open-concept layout creates a sense of flow and connectivity, enhanced by soaring ceilings and abundant natural light. Premium materials and meticulous craftsmanship define every space, from the grand living room to the chef’s kitchen.
4. Luxurious Amenities
4.1 Living and Entertainment Spaces
The Andre Hakkak House offers an array of amenities designed for comfort and entertainment. The gourmet kitchen is equipped with state-of-the-art appliances, while the formal dining room and multiple living areas provide the perfect setting for gatherings. A home theater, private gym, and spa-like bathrooms add to the property’s allure.
4.2 Outdoor Features
The outdoor spaces are equally impressive. The estate includes a resort-style swimming pool, spacious patio, and landscaped gardens. A fully equipped summer kitchen and outdoor lounge areas make it an ideal venue for hosting lavish events or enjoying tranquil evenings under the stars.
4.3 Smart Home Technology
Cutting-edge technology enhances the living experience at the Andre Hakkak House. Smart home systems allow residents to control lighting, climate, security, and entertainment with ease, ensuring both convenience and peace of mind.
5. Impact on Pinecrest Real Estate Market
5.1 Setting New Benchmarks
The record-breaking sale of the Andre Hakkak House has set a new standard for luxury properties in Pinecrest. It has drawn attention from investors and high-net-worth individuals, further elevating the neighborhood’s status as a premier residential area.
5.2 Reflection of Market Trends
The purchase reflects a growing trend among affluent buyers who seek expansive properties that offer privacy, luxury, and proximity to urban centers. Pinecrest’s blend of suburban tranquility and accessibility to Miami makes it a desirable location for such investments.
6. Comparison with Previous Properties
6.1 Coral Gables Estate
Before acquiring the Pinecrest mansion, Andre Hakkak owned a luxurious estate in Coral Gables. Purchased for $13.6 million in 2020, the property was sold in July 2024 for $27.5 million. This significant appreciation in value demonstrates Hakkak’s strategic approach to real estate investment.
6.2 Transition to Pinecrest
The move from Coral Gables to Pinecrest reflects a shift in priorities, with Hakkak opting for a larger property in a quieter, more exclusive neighborhood. This transition underscores the appeal of Pinecrest’s spacious estates and upscale lifestyle.
7. Insights into Pinecrest’s Luxury Real Estate Market
7.1 Market Growth
Pinecrest has seen a surge in demand for luxury homes, driven by its excellent schools, lush greenery, and proximity to Miami’s cultural and economic hubs. The neighborhood’s real estate market continues to attract discerning buyers seeking a combination of privacy and convenience.
7.2 Investment Potential
As Pinecrest’s profile rises, so does its investment potential. Properties like the Andre Hakkak House serve as benchmarks, encouraging further development and investment in the area. This trend bodes well for the neighborhood’s long-term growth and desirability.
Conclusion
The Andre Hakkak House is more than just a residence; it is a testament to the possibilities of modern luxury and architectural innovation. From its record-breaking acquisition to its breathtaking design, the estate exemplifies the pinnacle of upscale living. As Pinecrest continues to evolve into a haven for luxury real estate, the Andre Hakkak House stands as a shining example of the neighborhood’s potential and allure.
For those who aspire to own a piece of paradise, the story of the Andre Hakkak House is an inspiring reminder of what can be achieved when vision meets opportunity. With its unparalleled beauty and exceptional features, this mansion is destined to remain a landmark in Pinecrest’s real estate history.