In the newest roundup of South Florida luxury household revenue, these with fortunes attained in casinos, oil, retail and food items chains shut specials across the location.
Sales spanned Miami to Palm Seaside, and ranged in rate from $6.5 million to $14.8 million.
Miami
In Miami’s Bay Stage community, on line casino mogul Claudio Fischer offered a waterfront teardown for $9.1 million. Data exhibit Fischer’s entity, named for the property’s tackle at 4225 Lake Road, bought to Impossible Is effective, a Florida entity managed by Stefano Loia.
Julianna Castro of Compass experienced the listing, and Agata Munoz of Miami Views Realty introduced the purchaser.
Fischer is the co-founder of Santiago, Chile-based Solar Desires, the major on line casino vacation resort operator in Latin The us.
Fischer purchased the .4-acre Lake Road home for $4.2 million in 2018, information exhibit. The present 2,300-square-foot property was built in 1952 with two bedrooms and two bogs, according to home data. The land comes with approved ideas for a dwelling created by Cesar Molina of Miami-based mostly CMA Design and style Studio, a spokesperson for Compass verified.
Fischer marketed one more waterfront teardown in Miami’s Bay Point community for $9 million in April.
Also in Miami, Michael Kasbar, CEO of Environment Kinect Corporation, marketed a unit at Grove at Grand Bay to food entrepreneur Ron Shaich in an off-market deal. Documents show Kasbar bought device 1401S at 2675 South Bayshore Drive to Shaich’s trust for $12.6 million. Shaich financed the obtain with a $5.4 million personal loan from Financial institution of The us.
Shaich is the co-founder of Panera Bread and Au Bon Ache, and board chair and investor in Cava, Tatte Bakery & Cafe, and Life Alive, LinkedIn reveals.
Earth Kinect Company, formerly called Earth Gasoline Providers, is an oil corporation based mostly in Miami and is among the major Fortune 500 Firms in the planet. Kasbar co-launched it in 1984.
He and his wife, Mary Kasbar, purchased the Grove at Grand Bay apartment in 2016 for $5 million, information clearly show. Done that year, the 4,800-sq.-foot device has six bedrooms and six bogs, in accordance to home data.
Miami Seashore
In Miami Beach front, Bernard Heffernan, scion of an Irish retail large, offered his non-waterfront Venetian Islands dwelling for $6.5 million. Records exhibit Bernard and Carolina Heffernan marketed 620 East Dilido Generate to Adam and Kathleen Solomon.
Sean Murray and David Pulley of Douglas Elliman experienced the listing, and Judy Zeder of the Jills Zeder Team at Coldwell Banker Realty brought the consumers.
Bernard Heffernan’s mother is Margaret Heffernan, the former CEO of Dunnes Retailers, just one of Ireland’s greatest retail chains. The Heffernans are regarded as one particular of Ireland’s wealthiest people.
The couple purchased the Dilido Travel dwelling for $5.3 million in 2021, records exhibit. Created in 1940 on .3 acres, the 5,500-sq.-foot home has six bedrooms and five bogs, property documents display. The household includes a pool.
They stated it for $9.6 million in 2022, dropping the price many times in advance of achieving the ultimate $6.9 million listing value in November, Redfin displays.
Palm Seaside
In Palm Beach, oil heirs offered their late mother’s Breakers apartment for $14.8 million in an off-sector offer. Data show Kenneth Endelson and Kathi Belfer Cypres bought device C19 at 2 North Breakers Row to PBP Have confidence in, with neighborhood attorney Maura Ziska signing on behalf of the consumer. The true customer is not known.
The pair’s mother, Diane Belfer, was the spouse of Belco Petroleum founder Arthur Belfer. Soon after a sequence of mergers, Belco turned Enron Company in 1985. It collapsed following the infamous accounting scandal in 2001. Just before the drop, the Belfer family’s possession desire in Enron was really worth an estimated $2 billion, according to the New York Times.
Kenneth Endelson is also the chairman of West Palm Seashore-dependent developer Kenco Communities.
The Belfers bought the rental for $1.9 million in 1987, the 12 months following the condominium was finished. There is no facts pertaining to the floor plan or dimensions of the unit in assets information.
Elsewhere on the island, Donna Whitaker, co-founder and managing spouse of Virginia Beach front, Virginia-dependent Venture Realty Group shut two diverse promotions. She marketed a house for $10.2 million, and purchased a vacant non-waterfront home for $10.3 million.
Data demonstrate Whitaker’s Ocean Front Avenue 2 LLC bought the property at 310 Plantation Street to John J. Burns III.
Suzanne Frisbie of Corcoran represented each sides of the offer.
Whitaker purchased the dwelling for $4.9 million in 2020, documents display. Built on a quarter acre in 1950, the 4,200-sq.-foot property has 5 bedrooms, 3 bathrooms and a person 50 percent-rest room, property documents present. The home also has a pool.
Whitaker detailed it for $10.6 million in June, Redfin exhibits.
Her LLC purchased the .4-acre web site at 620 North Lake Way from Cobey Rapaport and her ex-spouse Robert Lazarowitz for $10.3 million, documents present.
Christian Angle of Christian Angle Authentic Estate had the listing, and Frisbie represented the consumer.
Rapaport and Lazarowitz bought the residence for $6.8 million in 2021, documents exhibit. They mentioned it for $16.9 million in 2022, in accordance to Redfin. Rapaport sold a waterfront Palm Seashore mansion in 2021 for $31 million.
