Richard Fain, the current CEO of the Royal Caribbean cruise line, has announced his retirement from the destination brand at the end of 2025. As he sails into the calmer waters of his post-career years, he does so from a new residence. His former 10,840-sq.-ft. mansion is now available.
The property at 700 Arvida Parkway, Coral Gables, Fla., was built in 1969, but it has benefited from ongoing upkeep and expansions. This legacy of maintenance and improvements has kept the dwelling at the forefront of lavish living in the Sunshine State.
The property sits near the coastal waterway, which provides easy access to water sports and eye-popping views.
The façade out front sets the tone for experiencing the home at large. Visiting here is an exquisite opportunity; however, it is also sure to be a comfortable stay full of opportunities to unwind and relax.
The structure’s white exterior, more pronounced at the rear of the building, fits in beautifully with the Sunshine State aesthetic. The property’s lush landscaping keeps things cool even when temperatures and humidity levels rise.
Preparing a meal, whether five-star formal or quick snack to go, is no chore in the spacious and well-organized kitchen.
A small dining area sits nearby; its positioning by the front door is an unconventional design choice, but it deepens the bold architectural choices evident elsewehere on the property.
The living room leverages the property’s positioning to allow it to be bathed in natural sunlight, highlighting the ceiling and its interesting design.
Upstairs, the master bedroom is fitting for a captain of industry.
The master bathroom, adjacent to the sleeping quarters, is a haven of privacy and peace.
Guests who are lucky enough to be invited to stay the night can look forward to upscale sleeping arrangements that are befitting of such an exquisite home.
The Floridian setting yields numerous opportunities to enjoy the outdoors, especially when autumn, winter and spring temperatures make the experience refreshing and rejuvenating. Even when the tropical sun is at its strongest, this on-property legacy tree lends welcome shade.
The property also holds an interesting piece of art, whose sturdy design provides an artistic contrast to the nearby swaying palm trees
And what Floridian getaway would be complete without an onsite pool? The Fain house has an interestingly architected one, which provides not only a refreshing place for a dip but also a visually unique experience.
Richard Fain’s Floridian getaway has an asking price of $42 million. Additional details on this real estate opportunity can be found at Zillow.
