🏆 Commercial: The priciest commercial real estate deal to hit records in the tri-county region was in Miami, where an office building at 9995 Southwest 88th Street traded for $30 million. The seller was Coral Gables-based Guilford Development Group, and the buyer was an affiliate of Coral Gables-based Loyola Asset Management. The two-story building spans about 64,000 square feet.
🏆 Residential: The priciest home sale in South Florida was in Boca Raton. Hotelier and investor Mikhail Avrutin parted with a home at 224 West Key Palm Road for $19 million. The buyers were Brett and Alison Bartman. Brett Bartman is a financial advisor. Avrutin purchased the site where the 9,800-square-foot mansion stands in 2018 for $3.8 million. The home was built in 2023, and it has five bedrooms, seven full bathrooms and two half baths. David Roberts with Royal Palm Properties had the listing, and Jason Morss with Tangent Realty brought the buyers. The home’s last asking price was $20 million.
📊 Residential: In Jupiter, Melissa and David Simmons sold a 10,200-square-foot mansion at 124 Bears Club Drive in The Bears Club for $18.5 million; they had purchased the home in 2024 for $13.4 million. The buyer in the latest sale was Sky-Jet Aviation, Inc. The residence has five bedrooms, eight full bathrooms and two half baths. It went on sale in November 2025 for $21 million. Mark Griffin with One Sotheby’s International Realty represented the sellers.
📊 Residential: A newly built home at 1831 Sabal Palm Drive in Boca Raton changed hands for $17.2 million. The sellers were Peter Ciregna, Maria Cervi-Capoccia, Marco Capoccia and John Lombardi. The buyer was a trust. The home spans almost 8,700 square feet, pricing the sale at nearly $2,000 per square foot. The property has six bedrooms and seven and a half bathrooms. Its last asking price was $18 million. Jaqueline Feldman with One Sotheby’s International Realty had the listing.
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