In the most current roundup of South Florida household profits, a tech boss, a spec developer and a menswear retailer purchased properties.
Income spanned Pinecrest to Palm Seashore, and ranged in cost from $9 million to $12 million.
Miami
Just months just after Hewlett Packard Organization CEO Antonio Neri marketed a waterfront dwelling in Fort Lauderdale for $9 million, the tech manager dropped $7.5 million on a condominium at One Thousand Museum in Miami.
Records present Neri bought unit 3702 in the tower at 1000 Biscayne Boulevard from Cirrus SL, a Texas-dependent business managed by Perhsant Mehta. Neri financed the purchase with a $5.5 million loan from J.P. Morgan Chase, data display.
Chad Carroll of Compass had the listing, and Senada Adzem of Douglas Elliman brought the buyer.
Cirrus SL bought the rental for $6.7 million in 2022, documents clearly show. The tower was designed by the late Pritzker Prize-winning architect Zaha Hadid, and concluded in 2019. Neri’s new unit spans 4,600 square feet, with four bedrooms and five bathrooms, according to assets information.
It strike the current market for $8 million in May.
Pinecrest
Oscar Renjel of Zumma Investments marketed a spec mansion in Pinecrest for $9.4 million.
Records display Renjel’s Juni Holdings LLC, a Florida entity, offered the property at 5900 Southwest 108th Avenue to S-REIT LLC, a Florida business linked to the Netherlands. Michael Martinez of 1 Sotheby’s Global Realty experienced the listing, and Pilar Ruiz of Coldwell Banker Realty introduced the buyer.
Renjel bought the .9-acre web-site for $2 million in 2022, in accordance to home data. He finished the 6,600-square-foot property this yr. It has seven bedrooms, 7 loos, 1 half-toilet, a guest property and pool, the listing displays.
It mentioned for $9.5 million in February, in accordance to Redfin.
Basketball star Dion Waiters sold an estate in Pinecrest for $11.1 million earlier this month.
Palm Seashore
Spec developer Lee Fensterstock bought a teardown in Palm Seaside.
Fensterstock purchased the household at 264 Dunbar Highway from Carin Searby for $11.2 million, records present. He financed the order with a $5.4 million personal loan from Legacy Lending Fund.
Dana Koch of the Corcoran Group experienced the listing.
Searby is the widow of hedge funder Frederick Wright Searby IV, who died in 2020, according to posted reviews. They bought the residence for $2.2 million in 2011, according to assets records. Crafted in 1953 on a half-acre, the dwelling spans nearly 4,400 square toes. It was marketed for its land, Realtor.com shows.
Fensterstock is a luxury spec developer in Palm Beach. In August, he bought a spec house on the island’s North Finish for $16.9 million.
Also in Palm Seaside, outfits retailer Hayati Banastey sold a residence for $12 million.
Banastey’s Job Palm Beach front LLC bought the residence at 164 Seaspray Avenue to James Atwood, data demonstrate. Atwood is a wealth supervisor with J.P. Morgan in Boston.
Banastey heads Jachs New York, a menswear retailer in New York Metropolis. He bought the .15-acre Palm Beach residence for $4 million in 2021, data clearly show. Previous 12 months, he finished the 2,700-sq.-foot dwelling with four bedrooms, 3 bathrooms and one particular 50 %-rest room, in accordance to house records.
