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Category: Business

Resi roundup: NFL star Jeremy Shockey buys Bay Point home
Business

Resi roundup: NFL star Jeremy Shockey buys Bay Point home

February 5, 2025February 5, 2025

In the latest roundup of South Florida luxury residential deals, a former football star bought a home in Miami. Deals spanned Miami to Palm Beach,

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Sloans Curve closing tops Palm Beach County weekly condo sales 
Business

Sloans Curve closing tops Palm Beach County weekly condo sales 

February 5, 2025February 5, 2025

Palm Beach County’s condo sales and dollar volume surged last week. Brokers closed 89 condo sales totaling $61.3 million from Jan. 26 to Feb. 2.

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Deauville redevelopment secures Miami Beach planning board’s blessing 
Business

Deauville redevelopment secures Miami Beach planning board’s blessing 

February 4, 2025February 4, 2025

The Meruelo family and David Martin are one step closer to securing approval to build on the former site of the Deauville Beach Resort in

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Mint Developers plans 0M Sonesta supertall in downtown Miami 
Business

Mint Developers plans $850M Sonesta supertall in downtown Miami 

February 4, 2025February 4, 2025

Mint Developers is teaming up with Sonesta International Hotels on the James Hotel & Residences, a planned supertall in downtown Miami.  The two companies revealed

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Progressive heir sells waterfront Venetian Islands spec home for M
Business

Progressive heir sells waterfront Venetian Islands spec home for $20M

February 4, 2025February 4, 2025

Progressive heir Daniel Lewis sold a waterfront spec home on Miami Beach’s Venetian Islands for $19.5 million, marking the latest in a string of pricey

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Ira Giller aborts Miami Beach project, sells dev site to Miami jewelers planning bigger development
Business

Ira Giller aborts Miami Beach project, sells dev site to Miami jewelers planning bigger development

February 4, 2025February 4, 2025

Ira Giller canceled plans for a Miami Beach mixed-use building, after selling his development site to jewelers assembling land for a larger project, The Real

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Industrial gain: TA Realty sells Miami-Dade warehouses for M, more than double its purchase price in 2019
Business

Industrial gain: TA Realty sells Miami-Dade warehouses for $22M, more than double its purchase price in 2019

February 4, 2025February 4, 2025

Fresh off buying a Blackstone Opa-Locka industrial portfolio for nine figures, TA Realty sold a nearby warehouse complex for $22 million, marking a sizable gain. 

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Attorney and Guggenheim benefactor sell lakefront Palm Beach house for steep discount at M
Business

Attorney and Guggenheim benefactor sell lakefront Palm Beach house for steep discount at $24M

February 4, 2025February 4, 2025

Philanthropists Alfred and Gail Engelberg sold their lakefront Palm Beach home for $23.8 million, a steep discount from its $40.5 million original asking price.  The

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Turnberry Ocean Club closing tops Miami-Dade weekly condo sales 
Business

Turnberry Ocean Club closing tops Miami-Dade weekly condo sales 

February 4, 2025February 4, 2025

Miami-Dade County’s condo sales rose, while dollar volume fell last week. Brokers closed 97 condo sales totaling $71.2 million from Jan. 26 to Feb. 2.

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Two-way deal: Spec developer Aldo Stark buys William Cafaro’s Stone Creek Ranch mansion near Delray Beach for M
Business

Two-way deal: Spec developer Aldo Stark buys William Cafaro’s Stone Creek Ranch mansion near Delray Beach for $26M

February 3, 2025February 3, 2025

Spec developer Aldo Stark bought a Stone Creek Ranch mansion near Delray Beach from the Cafaro family for $26 million, just weeks after selling them

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