Irish-Italian restaurateur flips waterfront Coral Gables teardown for $16M — after owning it for three days

An Irish-Italian restaurateur bought a waterfront Coral Gables teardown on April 1st for $3 million — and flipped it three days later for $15.8 million. It’s a puzzling deal in one of South Florida’s hottest luxury residential markets. Records show Patricia Toscano, whose family has owned Ristorante Rossini in Cork, Ireland since 1994, flipped the […]

This article originally appeared on The Real Deal. Click here to read the full story.