🏆 Residential: The priciest home sale to hit records in South Florida was in Miami Beach, where Lil Wayne’s former waterfront mansion at 6480 Allison Road changed hands for $33.3 million. The seller was Alicia R. Zadravec, and the buyer was a trust. The home went on the market with Douglas Elliman’s Cyril Matz for $36 million. Dina Goldentayer, also with Douglas Elliman, brought the buyer. The deal marks the second-most expensive for the island. The home dates to 2017 and sits on a 0.6-acre lot. It spans 10,300 square feet and has seven bedrooms, nine full bathrooms and two half bathrooms. It also has a pool and a dock.
🏆 Commercial: Boynton Beach had the top commercial deal recorded in South Florida, with the sale of a four-building industrial complex at 1200 and 1210 Southwest 35th Avenue for $43 million. The buyer was an LLC tied to New York-based DRA Advisors. The sellers were companies linked to Rosemont, Illinois-headquartered VentureOne, which purchased the site in 2024 for more than $36 million. Combined, the buildings span nearly 200,000 square feet.
📊 Residential: In Palm Beach, a waterfront home at 751 Island Drive traded for $30 million. The seller was the estate of philanthropist and co-founder of the Palm Beach County History Museum Pat Johnson, and the buyer was a trust tied to Kim B. Bepler, also a philanthropist. The property, built in 1988, spans nearly 4,700 square feet and sits on a 0.4-acre lot. It has five bedrooms and five and a half bathrooms. It last sold in 1994 for $2.4 million and went on the market in November with an asking price of just under $35 million. Jim McCann with Premier Estate Properties had the listing, and Christian Angle with Christian Angle Real Estate brought the buyer.
📊 Commercial: An affiliate of nexAir, a gases and welding supplies company, sold one of its industrial locations at 8600 Northwest 93rd Street in Medley for $9.8 million. The buyer was an affiliate of Jadian Capital, based in Stamford, Connecticut. The property measures more than 27,000 square feet and last sold a decade ago for $3.5 million. The transaction pencils out to roughly $360 per square foot.If you like this digest, you can get it even earlier — every evening — by subscribing to TRD Data, here.
