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Developer Caroline Weiss’ Coconut Grove home targeted in $8M foreclosure

Developer faces $8M foreclosure on Coconut Grove waterfront estate

July 8, 2026 · 0 signals

Key International is going after the Coconut Grove home of developer Caroline Weiss after she allegedly failed to repay an $8 million loan issued in 2024.  Miami-based Key, led by brothers Diego and Inigo Ardid, filed a foreclosure complaint in Miami-Dade County Circuit Court on June 25 against Weiss, two trusts in her name and Schlesinger Law Group, a firm that formerly represented her.  Key alleges Weiss failed to repay the $8 million mortgage when it was due in full on Jan. 1. She put up her 1.6-acre waterfront estate, which includes her four-bedroom home at 3187 Royal Road, as […] This article originally appeared on The Real Deal. Click here to read the full story.

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