🏆 Residential: The priciest home sale in South Florida was at the Four Seasons Residences at the Surf Club at 9111 Collins Avenue in Surfside, as ex-Starbucks CEO Howard Shultz’s purchase of a penthouse there for $44 million hit records. The unit spans 5,500 square feet and has four bedrooms, seven bathrooms and a 4,100-square-foot rooftop terrace. The seller was Stockbridge Holdings, which paid 418 million for the pad in 2018. Ximena Penuela’s Fort Realty had the listing, and Liz Hogan at Compass brought the buyer. The sale breaks down to more than $7,900 per square foot.
🏆 Commercial: Broward County had the most expensive commercial sale recorded in the tri-county region, with the sale of an 11-building industrial complex at 3435-3699 Northwest 19th Street and 1814-1896 Northwest 38th Avenue for $81.5 million. The seller of the nearly 360,000-square-foot campus was Birmingham, Alabama-based Harbert Management, and the seller was Northbridge, located in Wakefield, Massachusetts. The transaction pencils out to about $227 per square foot. The one-story properties date to the 1970s and sit on a 17-acre site. Harbert acquired the complex in 2023 for $65.8 million, marking a 19 percent appreciation.
📊 Residential: In North Miami, a waterfront home at 1995 Northeast 118th Road changed hands for $12.2 million. The sellers were David and Amy Kingen — he founded Keystone Senior Management Services — and the buyers were Gregory and Wendy Wyka. The property measures nearly 5,700 square feet and sits on a 0.4-acre lot. It has six bedrooms and seven bathrooms, along with a pool and dock. The home last sold a year ago for $11.7 million and went back on the market in December, with an asking price of just under $13 million. Jill Hertzberg with Coldwell Banker Realty had the listing, and Jeff Tomlinson with Tomlinson Realty Group represented the buyer.
By the Numbers: These are the largest U.S. counties with the greatest housing risks
While the country grapples with an affordability crisis, some regions are more at risk than others. Among the counties with more than 1 million residents, a cluster of residential markets in California, Pennsylvania and Illinois has surfaced as the nation’s most vulnerable.
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