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Category: Business

South Florida by the numbers: Farewell to Florida property taxes?
Business

South Florida by the numbers: Farewell to Florida property taxes?

March 28, 2025March 28, 2025

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.  In his recent State of

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Domino effect: Surge in trophy home sales brings spotlight back to Miami Beach
Business

Domino effect: Surge in trophy home sales brings spotlight back to Miami Beach

March 28, 2025March 28, 2025

Five years ago, a $120 million home sale in Miami Beach would have been unthinkable.  Then came the pandemic, supercharging the market across South Florida.

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Top Elliman agent Miltiadis Kastanis returns to Compass 
Business

Top Elliman agent Miltiadis Kastanis returns to Compass 

March 27, 2025March 27, 2025

One of Douglas Elliman’s top agents in Florida returned to Compass.  Miltiadis Kastanis, who had been with Elliman for about seven years, joined Compass on

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Public Storage beefs up Plantation presence with M facilities purchase
Business

Public Storage beefs up Plantation presence with $57M facilities purchase

March 27, 2025March 27, 2025

Public Storage expanded its portfolio in Plantation after dropping a combined $57.3 million for two facilities.  In the larger deal, Glendale, California-based Public Storage, led

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Will Pinnacle’s apartment project near Fort Lauderdale waterfront fetch M-plus? 
Business

Will Pinnacle’s apartment project near Fort Lauderdale waterfront fetch $50M-plus? 

March 27, 2025March 27, 2025

Pinnacle Housing Group’s two-year-old apartment project near Fort Lauderdale’s waterfront is hitting the market, and the listing brokers are expecting offers in the $50 million-plus

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Miami Beach’s Kimpton Surfcomber Hotel engulfed in messy ground lease dispute 
Business

Miami Beach’s Kimpton Surfcomber Hotel engulfed in messy ground lease dispute 

March 27, 2025March 27, 2025

A convoluted legal fight is brewing over a portion of the land underneath the Kimpton Surfcomber Hotel in Miami Beach. Sean and Nicole Mirmelli, as

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AquaBlu closing tops Broward weekly condo sales 
Business

AquaBlu closing tops Broward weekly condo sales 

March 27, 2025March 27, 2025

Broward County’s condo sales and dollar volume dropped last week. Brokers closed 116 condo sales totaling $38.2 million from Mar. 16 to Mar. 23. The

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Developer Ugo Colombo's wife buys waterfront home in Miami’s Bay Point
Business

Developer Ugo Colombo's wife buys waterfront home in Miami’s Bay Point

March 26, 2025March 26, 2025

Developer Ugo Colombo’s wife Sara bought a waterfront home in Miami’s Bay Point neighborhood, The Real Deal has learned.  Property records show Pardus Two LLC,

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Billionaire Ken Griffin’s One Thousand Museum penthouse hits market
Business

Billionaire Ken Griffin’s One Thousand Museum penthouse hits market

March 26, 2025March 26, 2025

Billionaire hedge fund manager Ken Griffin is seeking to sell a penthouse he owns at Zaha Hadid-designed One Thousand Museum, The Real Deal has learned. 

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Palm Beach’s Maddock family sells oceanfront teardown for M 
Business

Palm Beach’s Maddock family sells oceanfront teardown for $31M 

March 26, 2025March 26, 2025

A scion of one of Palm Beach’s founding families sold an oceanfront teardown for $31 million,  after listing it for $39.5 million in November. Records

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