“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.
What do a legendary movie star, two international pop sensations, an iconic rapper-turned-actor, a sports media maven and a Real Housewife all have in common? They’ve all traded Hollywood lights for South Florida nights, and dropped some serious coin to make it happen. Included among these recent moves are “double downs” on South Florida real estate, a homecoming and record breakers for both the “City Beautiful” and the Florida Keys. Will rocky sensations in Tinseltown create even more good vibrations in Miami? We explore the La-La Land to Magic City migration trend in this edition of “South Florida by the numbers.”
4
Number of Grammy Awards won by Canadian pop star The Weeknd (legal name Abel Tesfaye), who paid $50 million for a 1.2-acre Gables Estates mansion earlier this month, setting a new price record for the tony Coral Gables neighborhood. (Previously held by billionaire Citadel founder Ken Griffin.) [TheRealDeal]
17,800
Square footage of a Delray Beach mansion purchased this month by “Boogie Nights” and “Ted” star Mark Wahlberg for $32.6 million, after the same home was purchased in January for $26 million by a spec home developer and underwent extensive renovations. The mansion, dubbed “Palazzo di Lago,” has seven bedrooms, 10 bathrooms, two half-bathrooms, a theater, wine room, gym and sauna, a guest house, pool and cigar lounge. [TheRealDeal]
150
Feet of water frontage on an Islamorada waterfront mansion purchased this month for $27.8 million by Barstool Sports owner Dave Portnoy, setting a home sale price record in the Florida Keys. The 1.7-acre property features eight-bedrooms, nine-and-a-half bathrooms and more than 10,200 total square feet of interior space. (Portnoy also owns a home in Miami’s Morningside neighborhood.) [TheRealDeal]
$34 million
Price paid by Your Insurance Attorney owner Anthony Lopez and his fiancée, former “Real Housewives of Miami” star, Dr. Nicole Martin, in August for a seven-bedroom, seven-and-a-half-bedroom home in Gables Estates. (This followed the recent sale of their previous home in Old Cutler Bay for $40 million to British pop star Robbie Williams.) The couple was represented by Master Broker Forum board member Dennis Carvajal. [TheRealDeal]
2
Number of years ago that Sylvester Stallone and his wife, Jennifer Flavin, made an eight-bedroom Palm Beach estate their permanent residence after many years of living in Los Angeles. (But the couple only recently opened up their home to Veranda magazine.) For the star of the “Rocky,” “Rambo,” and “Expendables” movie franchises, it’s a return to South Florida after living in Miami in the 1990’s. The new home is highlighted by natural light and high ceilings, perfect for showing off their formidable art collection. [Veranda]
This column is produced by the Master Brokers Forum, a network of South Florida’s elite real estate professionals where membership is by invitation only and based on outstanding production, as well as ethical and professional behavior.