Skip to content
Celebrity House 8 min read

Inside Andre Hakkak’s $14.3M Pinecrest Mansion and the $27.5M Sale That Paid for It

andre hakkak house
The andre hakkak house in Pinecrest, Florida, bought for a reported $14.3M in July 2024, five days after a $27.5M Coral Gables sale.

The andre hakkak house story is really two house stories, told five days apart. On July 10, 2024, Andre Hakkak and his wife Marissa Shipman sold their Coral Gables mansion for $27.5 million. They had paid $13.6 million for it in 2020. Five days later, on July 15, 2024, Hakkak’s trust paid $14.3 million for a newly built mansion in Pinecrest. That second price set a record for the village at the time.

I love a clean sequence like that. Sell high, buy smart, pocket the difference. The numbers here are public and consistent across reporting, which is rarer than it should be in celebrity house coverage. So let us walk through both houses, honestly, with the caveats where they belong.

Celebrity House tours

The Andre Hakkak House Ledger, Both Deals on One Page

Before the tour, the numbers, up top, no scrolling required.

Detail Information
Current home area Pinecrest, Miami-Dade County, Florida
Current purchase $14.3M, July 2024, village record at the time
Current size About 10,500 sq ft on 1.2 acres
Current bedrooms/baths 7 bedrooms, 11 full baths, 2 half baths
Current architect Cesar Molina, CMA Design Studios
Current builder Dionicio Investment Group (spec build, completed 2023)
Previous home area Gables Estates, Coral Gables, Florida
Previous purchase $13.6M, 2020
Previous sale $27.5M, July 2024 (off-market)
Previous size About 12,300 sq ft on nearly 2 acres
Previous bedrooms/baths 6 bedrooms, 9 full baths, 2 half baths
Reported gain on sale About $13.9M over four years

One caution. The $14.3 million and $27.5 million figures are widely reported and consistent, but I did not open the primary deeds myself. Treat them as reported sale prices. The net worth figures floating around for Hakkak are estimates from secondary sources, so I am leaving a firm number out of the bio table. Estimates are not facts.

Who Is Andre Hakkak?

Andre Hakkak is not famous in the usual sense. You will not find him on a red carpet. You will find him in finance, which is arguably where the real money stories live anyway.

He co-founded White Oak Global Advisors, a San Francisco-based firm that lends to small and mid-sized businesses. Before that he founded Alpine Global and served as its chief investment officer. His wife, Marissa Shipman, founded theBalm Cosmetics, the Reno-based beauty company. They married in 2015, according to reporting, and built their public profile the quiet way: through deals, not headlines.

Detail Information
Full name Andre A. Hakkak
Born Not publicly disclosed
Age Not publicly disclosed
Birthplace Not publicly disclosed
Occupation Co-founder and CEO, White Oak Global Advisors
Years active White Oak founded 2007 (reported) to present
Known for Small and mid-sized business financing; the 2024 Florida house moves
Partner Marissa Shipman, founder and CEO of theBalm Cosmetics
Net worth Reported estimates vary ($200M to $250M); not confirmed
Previous firm Founder and CIO, Alpine Global

Yes, three rows say “not publicly disclosed.” That is deliberate. A lot of house articles invent a birthplace and an age when they cannot find one. I would rather leave a blank than print a guess.

Where Does Andre Hakkak Live?

The andre hakkak house today is in Pinecrest, Florida, in the mansion his trust bought in July 2024. Pinecrest is a quiet, leafy village in Miami-Dade County, known for large lots, mature trees, and a serious tree canopy. It is the kind of place where a $14 million house does not scream. It whispers, behind gates and greenery.

His previous home was in Gables Estates, a gated enclave in Coral Gables, a short drive away. Same South Florida luxury corridor, different flavour: Coral Gables grand and historic, Pinecrest newer, greener, more private. The move was not about leaving Florida. It was about trading up in lifestyle while banking a very large profit.

Come With Me Through the Pinecrest Mansion

The Pinecrest house was built on spec, which changes how I have to write about it. Nobody custom-ordered these rooms for the Hakkak family. A developer built a luxury product, and the family bought it. So the walkthrough below is based on reported amenities, not a personal tour. Pretending otherwise would be fiction.

The arrival: new, calm, and very Florida

Picture a new-build mansion on 1.2 acres, designed by Cesar Molina of CMA Design Studios, who also designed the couple’s Coral Gables house. The Pinecrest exterior is modern with natural elements: clean-lined Florida contemporary, no fussy ornament. Just scale, glass, and shade.

andre hakkak house exterior in Pinecrest, Florida

The Pinecrest exterior of the andre hakkak house, a modern Florida contemporary mansion on 1.2 acres.

The living spaces, sized for hosting

With about 10,500 square feet, the living spaces are generous by any standard. Reporting points to large-format rooms built for entertaining, which makes sense for a spec mansion at this price. A buyer at $14.3 million expects to host, and the house delivers the space to do it. I wish I could tell you the exact sofa arrangement. I cannot, and I am not decorating an imaginary living room for clicks.

andre hakkak house living room

The living spaces of the andre hakkak house, built for entertaining.

The bedrooms, basically a row of suites

Seven bedrooms, 11 full bathrooms, two half baths. That is more than one full bathroom per bedroom, which tells you how these rooms work. Most bedrooms function as private suites, each with its own bathroom, standard in new South Florida spec mansions. Guests get privacy, family gets space, and nobody queues for a shower in the morning. Honestly, that is the real luxury here.

The fun rooms: theater, gym, and a guest house

Here is where the house earns its price tag. Reporting confirms a home theater, a private gym, and a separate guest house. Other reports add an 85-foot pool, a large entertaining pavilion, and an elevator. Those last three are reported, not confirmed in every source, so I am flagging them as reported. Still, the picture is clear: a house built to keep you home.

andre hakkak house pool

The pool area of the andre hakkak house in Pinecrest, Florida.

Outside, where the acre earns its keep

At 1.2 acres, the lot is generous even for Pinecrest. The pool, the guest house, and the grounds get to be separate zones instead of one cramped yard. That matters in Florida, where outdoor living is not a bonus feature. It is half the house.

andre hakkak house grounds

The grounds of the andre hakkak house in Pinecrest, Florida.

The Coral Gables House He Left Behind

The andre hakkak house story needs its second half, though. The old house deserves its own paragraph, because it is the reason the Pinecrest story exists at all.

Built in 2016, the Coral Gables home was about 12,300 square feet on nearly two acres, with six bedrooms, nine full bathrooms, two half baths, a six-car garage, and a pool. Hakkak and Shipman bought it in 2020 for $13.6 million and sold it off-market in July 2024 for $27.5 million to the Rose Star Trust. That is a gain of about $13.9 million in four years. South Florida luxury prices surged in that window, driven by buyers moving from higher-tax states, and this sale rode that wave perfectly.

Why the Pinecrest Price Was a Record, and Why It Mattered

The $14.3 million Pinecrest price set a new high for the village at the time, edging past other recent big deals, including a reported $11.3 million spec-home purchase by [solidcore] founder Anne Mahlum and an $11.1 million sale involving NBA player Dion Waiters. Records like this matter for a boring but real reason: they reset what every neighbour thinks their house is worth.

For Hakkak, though, the record was almost incidental. He had just banked $27.5 million, so paying $14.3 million for the next house still left a very healthy surplus. Most house stories are about spending. This one is about selling first, and spending second. There is a lesson in that order.

What Your Home Can Borrow From a $14.3M Spec Mansion

You do not need a guest house to steal the good ideas.

  • One extra half bath is real. A powder room near the living space changes how a house hosts.
  • Zones beat size. Pool, guest space, and garden are separate zones at Pinecrest. Your garden can do the same, with no acre required.
  • Buy the spec, not the fantasy. Buy the house that already works, not the one you hope to fix.
  • Sell before you buy, when you can. Money in hand beats money hoped for.

For another take on how a celebrity home handles light and space, see the Jim Carrey house tour.

If the numbers side of this andre hakkak house story hooked you, read the Blueface house tour next, which is a very different kind of house story, and the Eric Lefkofsky house tour, another finance-world home with its own price history. Same site, same honesty rules, very different houses.

Questions People Keep Asking About This House

How much did Andre Hakkak pay for his Pinecrest house?

He paid a reported $14.3 million in July 2024, through his trust. The price set a record for Pinecrest at the time.

Did Andre Hakkak sell his Coral Gables home?

Yes. He and Marissa Shipman sold their Gables Estates mansion in July 2024 for a reported $27.5 million, having bought it in 2020 for $13.6 million. That is a reported gain of about $13.9 million.

How big is the Pinecrest mansion?

It is reported at about 10,500 square feet on a 1.2-acre lot, with seven bedrooms and 11 full bathrooms. It was completed in 2023 as a spec build.

Who designed Andre Hakkak’s houses?

Architect Cesar Molina of CMA Design Studios designed both homes. The Pinecrest home was built by developer Francisco Dionicio’s Dionicio Investment Group, which bought the lot for $1.3 million in 2017.

What does Andre Hakkak do for a living?

He is the co-founder and CEO of White Oak Global Advisors, a San Francisco-based firm that finances small and mid-sized businesses. His wife Marissa Shipman founded theBalm Cosmetics. See White Oak Global Advisors for the firm’s own description.

The Deal, Not the Decor, Is the Story

Most celebrity house articles want you to gasp at a chandelier. This one is better. A $13.6 million buy, a $27.5 million sale, a $14.3 million record purchase five days later, all in the same Florida summer. The andre hakkak house story is not really about rooms at all. It is about timing, and about a finance guy who treated his own home like an investment and got it right.

Leave a Reply

Your email address will not be published. Required fields are marked *