Ex-Univision CEO Wade Davis sells Hibiscus Island mansion for $32M

A trust linked to Wade Davis, the former CEO of Univision, sold a waterfront Hibiscus Island mansion in Miami Beach for $31.8 million, The Real Deal has learned. The home at 370 South Hibiscus Drive sold eight months after it hit the market for $37.5 million, listing agent Liz Hogan of Compass confirmed. Mick Duchon and Eloy Carmenate with the Corcoran Group brought the buyer. The deed has yet to record, and the buyer is unknown. Hogan and Duchon declined to comment on the identities of the buyer and seller. Records show the selling entity is a trust in the […]This article originally appeared on The Real Deal. Click here to read the full story.