Christopher Burch, the co-founder of fashion brand Tory Burch and founder and CEO of Burch Creative Capital, has listed his lavish estate on Miami Beach’s prestigious North Bay Road for $49 million. The classic post-modern design showcases an air of timeless sophistication, find meticulously crafted living spaces, eight bedrooms and eight full plus two half bathrooms, that reflect South Florida living to its core.
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Joe Jonas And Sophie Turner Sell Bay Point Waterfront For $15 Million
Singer Joe Jonas and his wife, “Game of Thrones” actress Sophie Turner just sold their home in Miami’s exclusive Bay Point neighborhood for $15 million. The celebrity couple hired interior designer Sarah Ivory to redesign the home after purchasing it in 2021 for $11 million. Per public record, the buyer was represented by David Pullman of ONE Sotheby’s International Realty, while the Jonas and Turner were represented by Carl Gambino with Compass.
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Music Mogul Rick Ross Closes On 37 Star Island For $35 Million
Music mogul and rap superstar Rick Ross has officially closed on 37 Star Island Drive for $35 million. Ross says the purchase was "a major piece to the puzzle" in building his already robust real estate portfolio. 37 Star Island Drive is a 12,374 square foot, 6 bedroom home situated on a manicured 40,000-square foot lot with 100-feet of waterfront on Miami Beach’s exclusive and ritzy Star Island.
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Luxury Waterfront Boutique Condo Alba Palm Beach Breaks Ground In West Palm Beach
BGI Companies and Blue Road Group have broken ground on Alba Palm Beach, a collection of 55 boutique luxury residences, including a limited collection of four unique two- and three-story townhomes, each with unobstructed views of the serene Intracoastal Waterway and their own private plunge pools. Alba Palm Beach has an expected completion in 2025 and is located at 4714 N. Flagler Drive in West Palm Beach.
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ALINA Residences Boca Raton Reveals New Luxe Residences And Wellness Amenities
El-Ad National Properties, an Elad Group company, has revealed new luxurious pre-construction residences and wellness amenities at ALINA Residences Boca Raton, a world-class residential destination in the heart of downtown Boca Raton. New residences include a premier corner residence with a private rooftop as well as a luxurious ground-floor villa overlooking the golf course, new amenities include a golf simulator.
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Fitness Mogul Anne Mahlum Under Contract For Pinecrest Spec Home Asking $13.5 Million
Fitness mogul, entrepreneur and philanthropist Anne Mahlum and high-performance coach Brett Eaton are under contract to purchase a new construction home asking $13.5 million in Miami’s ritzy Pinecrest neighborhood. Chad Carroll with The Carroll Group at Compass represented Mahlum and Eaton in the transaction.
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Cher's Former La Gorce Island Home Hits Market For $42.5 Million In Miami Beach
A legacy home on La Gorce Island which was once owned by popstar Cher in the 90’s, has hit the market for $42.5 million. The Spanish contemporary estate is draped in bougainvillea with an idyllic courtyard and was stylishly elevated to modernity by Menin Homes + Designs. The six-bedroom, nine-bathroom abode features grand dual staircases, Brazilian oak flooring and a foyer with ceilings over 19-feet greet you upon arrival.
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FIRST ON PROFILE: Indian Creek Residences & Yacht Club in Bay Harbor Locks Down $29 Million Construction Loan
FIRST ON PROFILE: The New York and South Florida-based Landau Properties has closed on a construction loan for Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands, a boutique residential property, which will include condominium residences and a private marina. Construction on the development is now underway and sales will formally launch this fall. Miami-based private real estate lender BridgeInvest originated the $29 million loan.
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SHVO Locks Down $190 Million In Financing For The Raleigh Hotel & Residences, Miami Beach
SHVO, the ultra-luxury real estate development and investment firm led by Michael Shvo, has secured $190 million in new financing for The Raleigh Hotel & Residences, Miami Beach, a significant milestone in the next chapter of the iconic art-deco storied property. The loan, provided by BH3 Debt Opportunity Fund II, L.P. led by BH3 Management through its opportunistic credit platform, closed earlier this week. Construction is well underway and the property is on-track to open in 2026.
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First Penthouse At Cipriani Residences Miami Sells Just Weeks After Hitting Market For $16.2 Million
The first of six penthouses at Cipriani Residences Miami, the Cipriani brand’s first-ever ground-up residential tower in the nation which is being developed by Mast Capital, has sold just weeks after hitting the market for $16.2 million. Penthouse 1 is an impressive four-bedroom home with 9,221 SF of combined indoor and outdoor space. Listed at $16.2 million, translating to a record-breaking $3,333 PSF, the penthouse emulates the prestige of the Cipriani brand.
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