In a notable real estate transaction, Dr. Nicole Martin, a former star of “The Real Housewives of Miami,” recently sold her stunning Coral Gables mansion for a whopping $40 million. This remarkable property, known for its luxurious features, has drawn significant attention, particularly because of its unique location and extravagant amenities. According to AOL, the sale of the mansion, which boasts seven bedrooms and nine bathrooms spread across 19,000 square feet, set a new record for Old Cutler Bay at $5,000 per square foot.

The mansion features an impressive 435 feet of waterfront and comes equipped with a 75-foot dock. It also includes a family room with an in-wall TV, a formal living room with a cozy fireplace, and a kitchen outfitted with three Sub-Zero refrigerators. Outside, a resort-style pool and a full gym complement the 18-car garage, making this property a veritable oasis.

A New Beginning for Robbie Williams

The buyer, British pop sensation Robbie Williams, is not just acquiring a new abode but is also making a significant lifestyle change. Williams, who is relocating with his family of six from California to Florida, plans to invest an additional $5 million in renovations for the property. Reports by Entertainment Now reveal that the planned renovations will create between 2,500 and 3,500 square feet of additional space, including a 2,000-square-foot guest pavilion that may serve as a recording studio.

Williams’ move marks a major shift from his previous life in Beverly Hills, where he sold his home for $75 million to rapper Drake. His new Coral Gables estate will be transformed into a private retreat, complete with a unique feature—a floating padel court, set to be the first of its kind in the U.S. The luxurious nature of the property and its renovations reflect the high demand for upscale real estate in Florida, particularly among celebrities and affluent buyers.

Miami’s Rise in Luxury Real Estate

According to data from Business Insider, Miami is witnessing a surge in the luxury real estate market, influenced partly by a proposed California wealth tax that has prompted billionaires from the tech and finance sectors to look for more favorable living conditions in Florida. For instance, the population of billionaires in Florida increased from 110 to 123 as of January 2026, as many seek the escape of the Sunshine State’s favorable tax environment.

Noteworthy figures in the tech industry, such as Google co-founder Larry Page, have made headlines by spending over $180 million on several properties in the area. The increasing interest in Miami’s waterfront properties is evident, with reports highlighting that 19 homes priced over $30 million sold in 2025 alone.

Saddy Abaunza Delgado, a luxury real estate agent with over 30 years of experience in South Florida, has observed a significant increase in inquiries from wealthy buyers. The demand is not just confined to high-profile celebrities; families and business owners are also seeking to invest in this burgeoning market.

The dynamic real estate landscape of Miami, underscored by celebrity purchases like that of Robbie Williams, suggests that the appeal of the region is only growing. As more millionaires and billionaires settle in Florida, the potential for continued real estate booms seems bright, reinforcing that there’s something to be said for luxury living in the sun.