🏆 Residential: The top home sale recorded in South Florida was in Manalapan, where aviation mogul Robert Fessler parted with a mansion at 880 South Ocean Boulevard for $31.5 million. The buyer was an LLC tied to the John and Daria Barry Foundation. John Barry is the chairman and CEO of Prospect Capital Corporation and Prospect Capital Management, where Daria Barry is managing director and head of administration. The oceanfront property, which sits on 1.6 acres, has a 6,700-square-foot main house with four bedrooms, a two-bedroom guest house, summer kitchen, pool and four-car garage. Pascal and Antonio Liguori with Premier Estate Properties represented both sides of the transaction. The 1980s-era home, which was renovated in the 2000s, first hit the market in 2024, for $45 million.
🏆 Commercial: sale of a shopping center at 5315 West 20th Avenue. Two companies managed by Raul Nunez sold the 17,400-square-foot property to Miami-based real estate development firm Volta Global for about $23.2 million. The deal pencils out to about $1,300 per square foot.
📊 Residential: In Miami Beach, a newly built single-family home at 1800 West 27th Street on Sunset Islands changed hands for $16.2 million. The seller was an entity managed by developer Jerry Lechter, and the buyer was Michael Greenberg, who is the co-founder of Sketchers, the South Florida Business Journal reported. The home spans almost 5,700 square feet, pricing the deal at about $2,800 per square foot. It has six bedrooms, seven full bathrooms, two half baths, an elevator and a pool. The residence has been on and off the market since 2022; its most recent asking price was just under $18 million. Chad Carroll with Compass had the listing, and Douglas Elliman’s Joyce Gato brought the buyer.
📊 Residential: In Miami, a condo at 1000 Biscayne Boulevard sold for $10.6 million. The buyer was designer and restaurateur Barton Weiss, who recently sold a Miami Beach mansion for $29 million. The seller was an LLC led by Jose Hernandez Fonseca which had purchased the pad for $7.9 million in 2024. The five-bedroom unit spans 8,400 square feet, pricing the deal at roughly $1,300 per square foot.
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