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Category: Business

Witkoff sells waterfront North Bay Road lot for M, marking a ppsf record in Miami Beach
Business

Witkoff sells waterfront North Bay Road lot for $24M, marking a ppsf record in Miami Beach

July 2, 2025July 2, 2025

The Witkoff Group sold a waterfront North Bay Road lot for $24.3 million, marking a price per square foot record for land in Miami Beach. 

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South Florida shopping center spree continues with M Broward sale
Business

South Florida shopping center spree continues with $18M Broward sale

July 2, 2025July 2, 2025

Investors can’t get enough of South Florida shopping centers these days. The latest deal features SouthEast Properties selling a Davie retail plaza it developed more

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Tech couple sells Venetian Islands mansion for record M
Business

Tech couple sells Venetian Islands mansion for record $46M

July 2, 2025July 2, 2025

Tech moguls Tom and Patricia Kennedy sold their waterfront Venetian Islands mansion for $46 million, making it the most expensive home ever sold in the

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Brokerage wars: Serhant lands Palm Beach office, trophy listings
Business

Brokerage wars: Serhant lands Palm Beach office, trophy listings

July 2, 2025July 2, 2025

Just weeks after some blockbuster dealmaking in Palm Beach, Ryan Serhant is opening an office on the island.  Serhant signed a lease for an office

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411 Pain mogul sells second lakefront Southwest Ranches mansion
Business

411 Pain mogul sells second lakefront Southwest Ranches mansion

July 2, 2025July 2, 2025

The founder of 1-800-411-PAIN, a for-profit attorney referral hotline for victims of accidents, sold the second of two “twin” Southwest Ranches mansions for $15.5 million.

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Palm Beach County weekly condo sales plummet to M
Business

Palm Beach County weekly condo sales plummet to $33M

July 2, 2025July 2, 2025

Palm Beach County’s weekly condo sales nosedived following a mid-June spike in deals.  Brokers closed 90 condo sales totaling $33 million from June 23 to

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Macklowe sells multifamily dev site near Dadeland Mall at discount to Related for M
Business

Macklowe sells multifamily dev site near Dadeland Mall at discount to Related for $20M

July 1, 2025July 1, 2025

Harry Macklowe sold a development site he planned for a 770-unit multifamily complex for $20 million, marking a 37 percent discount from its purchase price

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DOGE slashes nearly 217K sf of government leases across Florida
Business

DOGE slashes nearly 217K sf of government leases across Florida

July 1, 2025July 1, 2025

The DOGE slashathon has led to the cancellation of nearly 217,000 square feet of federal government leases in Florida, with slightly more than a third

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Billionaire developer Steve Ross buying nearly half of Miami Open 
Business

Billionaire developer Steve Ross buying nearly half of Miami Open 

July 1, 2025July 1, 2025

Billionaire Steve Ross is buying a stake in the Miami Open, marking the real estate mogul’s continued investment in South Florida sports.  The 85-year-old is

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Related, Dezer and BH complete Sunny Isles buyout for planned condo tower
Business

Related, Dezer and BH complete Sunny Isles buyout for planned condo tower

July 1, 2025July 1, 2025

A trio of real estate heavyweights closed on the remaining units at an aging condo complex in Sunny Isles Beach for $131.8 million, after more

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