Coffee baron Jose E. Souto is ready to move on to some new grounds.
Mr. Souto, 75, whose Cuban immigrant parents founded Rowland Coffee Roasters, the nation’s largest maker and distributor of Hispanic coffee, which includes brands such as Bustelo, Pilon, Estrella, Ideal and Oquendo, is asking $23.995 million for his swanky Coral Gables house located in the gated community of Tahiti Beach in Cocoplum.
Mr. Souto reportedly started helping with the family business, founded in 1961, when he was a teenager and later ran it with his two brothers, serving as vice president of sales and marketing. The family sold the coffee business to J.M. Smucker in 2011 for $360 million.
In the same year, Mr. Souto snapped up the 1.04-acre Coral Gables lot in a foreclosure deal for $5.15 million, property records show.
He then took more than two years to build a two-story mansion, encompassing seven bedrooms, eight full bathrooms and four half bathrooms, according to the listing posted Thursday byDennis Carvajal of ONE Sotheby’s International Realty. Mr. Carvajal was not immediately available to comment.
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Designed by celebrated Miami designer Bea Pila, the 12,862-square-foot residence features a double-height living room to showcase Mr. Souto’s art collections, many by Cuban artists. It also has a double-height dining room that sits more than 12 guests, a family room with a backlit onyx bar and an 800-gallon saltwater fish tank, a den/library with built-in wood bookshelves, a screening room with bar, a game room, a 2,500-bottle wine cellar and a gym with full bathroom, sauna and health bar.
Outdoors, there are several covered lounge areas, a full summer kitchen, a swimming pool with hot tub, a Zen koi pond and a six-car garage.
The gated island of Tahiti Beach in Cocoplum offers 24-hour security, a private beach, tennis court and other high-end amenities.
Mr. Souto, whose passions reportedly include the arts, exotic birds and—of course—coffee, couldn’t be immediately reached for comment.