🏆Residential: In South Florida, the top residential deal recorded Thursday was in Boca Raton. A trust tied to Gary Kain, executive chair of AGNC Investment Corp.’s board of directors parted with 499 South Maya Palm Drive for $14.2 million; the seller put it up for sale in January for just under $15 million. The buyer of the five-bedroom, roughly 5,700-square-foot residence was a trust tied to Nancy Kammerling. Royal Palm Properties’ David Roberts represented the seller, and Serhant’s Samantha Elk represented the buyer.
🏆Commercial: The top commercial deal recorded Thursday in South Florida was the sale of a warehouse in Margate for $11.3 million. The property, at 1900 Mears Parkway, previously traded for $6.5 million about three-and-a-half years prior. The seller in the latest transaction was Margate 2 Stella, LLC, and the buyer was another company managed by Aptos Management A, LLC.
📊Residential: Nick Gelsomini purchased a condominium at 2811 South Bayshore Drive in Miami for $12.5 million, or 6 percent off the asking price from December. The seller was Penchant PTC LLC, tied to Penne Holdings’ Penne Silverman, which acquired the unit for $10.7 million in early 2024. The four-bedroom condo spans more than 3,200 square feet, pricing the deal at about $3,900 per square foot.
📊Residential: For $12 million, philanthropists Sanjiv Sharma, president of business support services firm Naila, and Nadine Allen sold 4 Ocean Place in Highland Beach to Ryan and Bonnie Russo. The waterfront property measures nearly 7,500 square feet and has five bedrooms. Allen and Sharma bought the home in 2013 for $7.7 million and put it on the market about a year ago for $13.8 million. DelRay Beach’s Val Coz represented Allen and Sharma, and Compass’ Renee Reamer represented the Russos.
📊Residential: Mason Cooper Brown shed a single-family, waterfront house at 2400 Bay Drive in Pompano Beach for $8.7 million. The buyer was a company linked to Cincinnati’s Vontz family, philanthropists and former owners of one of the largest beer, wine and spirits wholesalers in the country. The nearly 6,700-square-foot home has five bedrooms; it hit the market in November for $9.8 million. Compass’s Chad Gray represented Brown, and the buyer’s agent was Compass’ David Marder.
📊Residential: In Miami-Dade County, Pavel Trubetskoy, president of an Eastern European export company, sold a 5,900-square-foot single-family home at 128 Orquidea Avenue in Coral Gables. The price was $7.3 million. Trubetskoy had owned the property since 2012, when he bought it for $3.3 million. The buyer in the latest transaction was an entity affiliated with Andres Ordonez Matos and Sascha Barboza Schmidt; the couple own Nutricorp LLC and Schmidt is a Venezuelan influencer, according to Ciudad Gotica News. The waterfront property sits in the Cocoplum neighborhood. Trubetskoy initially listed the property for sale in October 2023 for $10.6 million. Redfin’s Nadia Guro had the listing.
