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Former Miss Universe, Venezuela Politician Relists Miami Abode

Irene Sáez’s waterfront residence is now $1.4M cheaper than last year’s asking price of $16.9M

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A waterfront house in Coral Gables, Florida, which is owned by former Miss Universe and Venezuelan politician Irene Sáez, is coming back on the market Wednesday for a lower price, Mansion Global has learned.

Ms. Sáez, 56, a crowned 1981 Miss Universe who later became mayor of Chacao (1993–1998), a presidential candidate (1998), and governor of Nueva Esparta (1999-2000) in her native country of Venezuela, is dropping her asking price for the 11,494-square-foot residence to $15.495 million, from the $16.9-million price tag she gave it last March.

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The new price reflects the current condition of the Miami luxury market, said Dennis Carvajal of ONE Sotheby’s International Realty, who is handling the sale.

The European-style mansion, built in 2009, has been well taken care of by the current owners and looks like new, he said.

Ms. Sáez and her husband, Spanish-born Venezuelan businessman Serafín García, bought the lot in 2003 for $3.3 million, property records show. The couple, who live in Miami, couldn’t immediately be reached for comment.

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Located in a gated community, the mansion has six bedrooms, eight bathrooms, formal dining and living rooms, a state-of-the-art kitchen with breakfast area, a family room with a wood-crafted bar and a wood-paneled library, according to Mr. Carvajal.

"The home features volume ceilings, marble and wood floors throughout, with no attention spared for details and quality finishes," Mr. Carvajal told Mansion Global.

Outdoors, the property has over 140 feet of water frontage and direct access to Biscayne Bay, a cobblestone driveway, a pool with hot tub, manicured landscaping, a summer kitchen, covered terraces and a Crestron home automation system with surround sound inside and out.

The home also comes with an elevator and a four-car air conditioned garage.