Douglas Elliman has just released their Q2 2020 Market Reports for South Florida, which were prepared by Miller Samuel, a leading independent appraisal firm. The reports, which cover the areas such as Boca Raton, Delray Beach, Fort Lauderdale, Miami Beach, and the Miami Coastal Mainland, have revealed that the COVID-19 market shutdown during much of the second quarter caused sales to fall sharply in South Florida.
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Luxury Home Builder Frank McKinney Sells His Final Direct Oceanfront Palm Beach Spec Home
Luxury home builder and award winning author Frank McKinney has sold his final direct oceanfront Palm Beach spec home which was completed in 2019 for $10.1 million, a record price-per-square-foot of $1,867. Located at 3492 South Ocean, the modern beachfront estate was unveiled with a lavish party which featured a stunt in which McKinney repelled from a helicopter onto the tropical modern home
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Douglas Elliman Releases June 2020 New Signed Contracts Report for Florida
Douglas Elliman in conjunction with Miller Samuel, a leading independent appraisal firm, has released its second monthly recurring report for June 2020. The report focuses on the new contracts signed and new listings that entered the rapidly changing market in Douglas Elliman’s Florida regions of Miami-Dade, Broward, Palm Beach, Pinellas, and Hillsborough.
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DJ Khaled Sells Island Estates Waterfront Mansion In Aventura For $4.8 Million
DJ Khaled, whose real name is Khaled Mohamed Khaled, has officially sold his Island Estates waterfront mansion in Aventura for $4.8 million. The closing price is nearly 45% off of the initial $7.99 million list price from December 2018. The custom designed home, which is located at 3914 Island Estates Drive and built in 2001, spans 6,697 SF and is decked out with the music producers own personal taste.
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Alta Developers' Quadro At Design District Now Signing Contracts
Alta Developers, led by Raimundo Onetto, has announced that the two-tower, 198-unit residences at Quadro in Miami Design District, which officially launched sales in March, is now signing contracts and paying 25 percent of the total commission to outside brokers. Quadro at the Miami Design District is a distinct resort-style condominium.
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Metropica's First Residential Tower Receives TCO And Begins Closings In Sunrise
ONE Metropica Residences, designed by YOO, has received its Temporary Certificate of Occupancy (TCO) and became the first residential tower within the $1.5 billion, 65-acre master-planned Metropica in Sunrise, FL, to be completed and begin closings.
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6530 Allison Island
Douglas Elliman Releases May 2020 New Signed Contracts Report for Florida
Douglas Elliman in conjunction with Miller Samuel, a leading independent appraisal firm, has just released its May 2020 New Signed Contracts Report, which reveals that the number of newly signed contracts across property types in Florida was at a high last month, despite there being lower levels of new listing inventory coming online.
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PROFILE Exclusive: Strong Sales at Villa Valencia Total $12 Million in Last 30 Days
Villa Valencia experienced strong sales momentum in the last 30 days, despite global market challenges. The project successfully sold $12 million of its inventory, amounting to four residences ranging from three- to four-bedrooms. Now 25% sold, the buyer demographic includes locals and a few from Mexico.
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Shay Kostiner Sells 44 Star Island Lot For $10 Million
Shay Kostiner, managing director of Fifth Avenue Capital Partners, has sold his vacant lot at 44 Star Island for $10 million to Hartstone Investments. Techrin Hijazi of Brown Harris Stevens, who had previously co-listed the property, represented the buyer and seller in the transaction.
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OKO Group's Vladislav Doronin Buys Fort Lauderdale Assemblage for $63 Million
A land trust controlled by OKO Group’s Vladislav Doronin, a billionaire real estate developer from Russia who is now has headquarters in New York and Miami, has acquired a 6.7 acre assemblage in Fort Lauderdale for $63 million.
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