Timbaland finds buyer for Coral Gables mansion asking $16M

Grammy award-winning artist Timbaland signed a contract to sell his Coral Gables mansion, topping luxury residential sales activity last week across Miami-Dade County.  Buyers signed 12 contracts between July 28 and Aug. 3, according to the latest Eklund-Gomes report, which tracks listings of homes and condos asking $4 million and up in Miami-Dade that are included in the Multiple Listing Service. The properties spent about 162 days on the market, on average.  Twenty-two luxury listings were added to the market, for a total of 1,169 listings.  The previous week, buyers signed contracts for 17 properties in Miami-Dade, asking a combined […]This article originally appeared on The Real Deal. Click here to read the full story.