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Category: Business

Karltons set Allison Island record with M sale of waterfront spec mansion
Business

Karltons set Allison Island record with $32M sale of waterfront spec mansion

February 21, 2025February 21, 2025

Karlton Companies sold a waterfront spec mansion for $31.5 million, marking a record for Allison Island in Miami Beach.  An affiliate of the company sold

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Edgewater dev site in Miami hits market for M, as partners abandon plans for mixed-use tower
Business

Edgewater dev site in Miami hits market for $32M, as partners abandon plans for mixed-use tower

February 21, 2025February 21, 2025

A group of developers are scrapping plans for a mixed-use tower in Miami’s Edgewater and are listing the site with an asking price of $32

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Four Seasons closing tops Broward weekly condo sales
Business

Four Seasons closing tops Broward weekly condo sales

February 21, 2025February 21, 2025

Broward County’s condo sales and dollar volume dropped in the second week of February. Brokers closed 51 condo sales totaling $31.9 million from Feb. 10

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Billionaire WhatsApp co-founder hunting for a waterfront South Florida estate
Business

Billionaire WhatsApp co-founder hunting for a waterfront South Florida estate

February 20, 2025February 20, 2025

The billionaire co-founder of WhatsApp has been shopping for an ultra-luxury waterfront estate in South Florida, The Real Deal has learned.  Ukranian-American businessman and computer

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IP Capital boosts industrial portfolio, paying M for its first Miami cold storage facility 
Business

IP Capital boosts industrial portfolio, paying $26M for its first Miami cold storage facility 

February 20, 2025February 20, 2025

IP Capital Partners boosted its industrial holdings in South Florida, acquiring a cold storage facility near Miami International Airport for $25.7 million. A JLL team

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Ex-Patrón boss sells Bears Club mansion for M, shattering Jupiter price record
Business

Ex-Patrón boss sells Bears Club mansion for $48M, shattering Jupiter price record

February 20, 2025February 20, 2025

The retired head of Patrón Spirits sold his Bears Club mansion for $48 million, making it the most expensive home ever sold in Jupiter and

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Miami Jewish Health, Greystone plan 192-unit senior living complex in Miami’s Buena Vista
Business

Miami Jewish Health, Greystone plan 192-unit senior living complex in Miami’s Buena Vista

February 20, 2025February 20, 2025

Miami Jewish Health plans a 192-unit independent senior living complex at its existing campus in Miami’s Buena Vista.  The project, called FiftyTwoNorth, will consist of

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Kimco wants to replace movie theater with sporting goods store at Oakwood Plaza in Hollywood 
Business

Kimco wants to replace movie theater with sporting goods store at Oakwood Plaza in Hollywood 

February 20, 2025February 20, 2025

Kimco Realty plans to replace a movie theater at its aging Hollywood shopping center with a 120,000-square-foot Dick’s Sporting Goods store. It would be the

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Alina Residences closing tops Palm Beach County weekly condo sales 
Business

Alina Residences closing tops Palm Beach County weekly condo sales 

February 20, 2025February 20, 2025

Palm Beach County’s condo dollar volume fell last week, despite an uptick in sales. Brokers closed 87 condo sales totaling $33.3 million from Feb. 10

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Related lists Fort Lauderdale apartment tower for 0M 
Business

Related lists Fort Lauderdale apartment tower for $230M 

February 19, 2025February 19, 2025

Related Group is ready to sell a recently completed apartment tower in downtown Fort Lauderdale, asking nine figures. The Coconut Grove-based development firm, led by

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