Francis Suarez didn’t just leave City Hall.
He left the city. He closed.
Just days after officially exiting public office, Miami’s former mayor — newly free of pesky disclosure requirements and public information requests — quietly upgraded his lifestyle with a $7.4 million home purchase in unincorporated Miami-Dade County, just north of Sunset Drive.
No waterfront. No problem.
Read related: Goodbye, Francis Suarez: Miami’s most frequent flyer mayor takes off for good
The 6,700-square-foot house, completed in 2025, sits on nearly an acre and comes with six bedrooms, seven-and-a-half bathrooms, a pool, outdoor grill, fireplace — and the unmistakable scent of mission accomplished. Property records show Suarez 
and his wife, Gloria, financed the deal with a $4.4 million mortgage from Bank of America, according to the Real Deal, which scooped everyone and broke the story days ago with this rendering, too.
Timing, as they say, is everything.
The purchase closed December 22 — just days after La Alcaldesa II Eileen Higgins was sworn in as Miami’s new mayor and Suarez officially became a private citizen again. So, that means the home isn’t listed in Suarez’s most recent financial disclosure, which shows a man who entered office in 2018 with a net worth of just over $400,000 and leaves public life worth more than $5 million — including a Coconut Grove home, investment properties, a $235,000 boat, and nearly $600,000 in cryptocurrency.
Miami-Dade property records show the couple also own a house in the Coral Gate neighborhood and two condo units on Douglas Road near Flagler Street. Baby X owns a couple other condo units on his own.
This new house, 6900 SW 72nd Ct., wasn’t just any sale. The deal ranks among the most expensive non-waterfront home sales in the area, according to The Real Deal. The vacant lot it sits on sold for $1.8 million in 2021 to real estate investor and developer Servito Morales. It was previously listed for $10 million, so maybe Baby X got a deal?
It didn’t happen in a vacuum, though.
During Suarez’s eight years as mayor, the real estate industry showed him lots of love. And vice versa. Baby X championed major 
projects, streamlined approvals, and helped push through Miami Freedom Park — the sprawling mixed-use stadium development that became one of his signature wins.
Developers loved him. Tech investors loved him. Crypto bros really loved him.
And Suarez, an attorney by trade, didn’t just play host — he also took on side gigs.
Among them: private consulting work for developer Rishi Kapoor, later sued by the Securities and Exchange Commission for allegedly defrauding more than 50 investors out of $93 million.
Nothing illegal was ever proven about Suarez’s role, for which he was paid $10,000 a month. It just doesn’t look good.
Read related: Miami Mayor Francis Suarez is all over the place — except leading the city
In his farewell op-ed, Suarez wrote movingly about Miami being more than a city to him — “my home, my responsibility and my inspiration.” He spoke of humility, gratitude, and leaving behind a city whose future has “never been brighter.”
And then he bought a $7.4 million house — not in the city he ran, but just outside it.
To be clear: there’s nothing wrong with buying a nice home after years of public service. Suarez earned a salary. He pursued private work. He invested. He took risks.
But when paired with soaring personal wealth, constant global travel, crypto fantasies that fizzled, and a mayoralty that often felt 
more aspirational than accountable — the move feels less like a coincidence and more like a closing bell.
Exit stage right.
He didn’t leave his personal protection right away, though. As reported earlier in Political Cortadito, on-duty police patrols were stationed outside his Battersea Road house for about a week after he left office. The police chief said it was “an oversight.” But Ladra can’t help but wonder how much his private security must be costing him now.
Read related: Out-of-office Francis Suarez thought the Miami ‘protection’ cops were his to keep
Francis Suarez leaves office richer, better housed, and finally grounded — at least geographically.
Miami is left with the brand he built, the promises that landed, the ones that didn’t, and a long list of questions about what exactly Miami for Everyone meant in practice. Because, apparently, Miami is not for everyone.
As for Suarez?
He’s no longer mayor. No longer term-limited. No longer required to explain much of anything.
Just a private citizen, in a very large house, just outside the city he once told the world was his life’s great love.
Goodbye again, Francis.
Enjoy the pool.
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What was on Suarez’s last disclosure statement? The $5 million net worth didn’t just happen overnight after leaving office.
Still looking for my Miami Coin money back… He was not a terrible guy, especially early on. But it was clear he was using his position to make a lot of money in the private sector. I don’t know if anything illegal happened. Regardless it was a bad look and not what public service is about.
Art Noreiga will either work for the scammer Jorge Mas or he will work for one of the criminals he helped get cheap waterfront land on Watson Island. Baby x Suarez is probably banned / prohibited from lobbying the City for 2 years…
Ladra, look up KAIROS DEVELOPMENT ADVISORS, LLC:
KAIROS DEVELOPMENT ADVISORS, LLC is a Florida Domestic Limited-Liability Company filed on November 12, 2025. The company’s filing status is listed as Active and its File Number is L25000523366.
The Registered Agent on file for this company is Spring Larry M and is located at 1717 N Bayshore Dr, Miami, FL 33132. The company’s principal address is 1717 N Bayshore Drive #3941, Miami 33132 and its mailing address is 1717 N Bayshore Drive #3941, Miami, FL 33132.
The company has 2 contacts on record. The contacts are Arthur Noriega from Miami FL and Larry Spring from Miami FL.
ARTHUR NORIEGA
Manager
8111 Sw 89 Avenue
Miami, FL 33173
LARRY SPRING
Manager
1717 N Bayshore Dr #3941
Miami, FL 33132
Where is Noriega headed to, Ladra? What deal did he broker to guarantee his next bloated gig? What land did he give away for pennies?
Lago can annex Suarez’s neighborhood and make it official. Cousins, shared developer circles, same playbook. Rishi Kapoor gets a two-for-one.
At least baby X has a fig leaf of cover, since it was allegedly earned outside income, it’s not included in his government pension
On the other side of the coin, which people don’t discuss, is the legacy cost for the usual high-ranking government employee
The last Miami-Dade police Director to retire, spent his entire career at the department, from rookie cop to retirement in 2020 as Director with no outside income, and is now the president of the Ocean Reef Association, where the median listing price of a house is $7 million.
In departments like police and fire, with typically 25 pension contracts, they are out in their 40s and will be retired longer than they worked, (and with a higher income due to the built-in COLAs)
I don’t think Baby X’s money will last long without another gig, so I can’t wait to see how long a retired politician with a reputation as a grifter does in the free-market lobbying profession.
The City of Miami has criminal elected officials and very corrupt administrators. Just to name a few; Victoria Mendez (gone finally), Art Noreiga, David Snow, Damian Pardo, Christine King, Manny Morales is the dude who let Suarez waste $5 Million on Suarez’s 24/7 chauffeurs. It’s a long list…. Francis Suarez is laughing all the way to the bank.
Baby X will forever be known as a scammer. He rarely visited City Hall, unless he was using his office to help his sleazy lobbying clients. He loved Miami because its employees and its commissioners are so crooked they let him steal.
As someone that has worked in government, if I left my job with a net worth of $5M there would be investigations by the OIG and Public Corruption. Every single year I have to report my sources of income. Granted, the mayor of Miami is more of a part-time job but either way, he obviously profited from that position which is not legal here or anywhere. Let’s see if those deals keep coming now that he’s got nothing to offer, is a mediocre attorney at best and cannot broker deals for developers. Higgins should look at very large development in Miami because Francis dint do this alone. There was a time when people went into politics to serve but it’s all about graft, corruption and the grift. It seems Francis took a page out of the Trump handbook.
Good ridance!
And good riddance