A rare, “hurricane proof” Miami Beach oceanside estate with direct beach access has sold for $18 million to the owner of the Playboy Mansion, Daren Metropoulos. The home is located at 7815 Atlantic Way in Miami Beach’s Altos Del Mar beachfront community. Mark and Carolyn Keller were the sellers.
Read MoreAbbhi Capital Acquires 1-Acre Miami Worldcenter Development Parcel For $20 Million
The master developer behind Miami Worldcenter, the $4 billion, 27-acre mixed-use development now underway in the heart of Downtown Miami, has sold a 1-acre parcel to Coral Gables-based investment firm Abbhi Capital for $20 million.
Read MoreSoliman Corp. Acquires Hallandale Beach Office Building From KEI Properties For $16.5 Million
Canadian real estate investment firm Soliman Corp., led by Jeffrey Soliman, has acquired a multi-tenant office building in Hallandale Beach from KEI Properties for $16.5 million. The 11-story, 117,668 square-foot office building is located at 1250 E. Hallandale Beach Blvd. in Hallandale Beach, FL.
Read MoreRedSky Capital And JZ Capital Partners Sell Wynwood Block For $24 Million
A partnership between RedSky Capital and JZ Capital Partners has sold the retail building known as Wynwood Block for $24 million to Wynwood Block Realty LLC. The sale reflects a $2 million loss from the $26 million, $1,050 per square foot, the partnership paid for the property in 2015.
Read MoreStep Inside 'La Salona," A Roaring Twenties Palm Beach Oceanfront Mansion Which Just Sold For $48.5 Million
An iconic Palm Beach mansion originally built in 1926 on the famed South Ocean Boulevard just sold for $48.5 million. Named ‘La Salona,” the roaring twenties era compound was built by renowned Palm Beach architect Marion Sims Wyeth, who also designed Mar-a-Lago
Read MoreBlackstone Acquires MiamiCentral Office Buildings For $230 Million To Build Downtown Miami Technology Hub
The New York City-based global investment firm Blackstone has acquired the 2 and 3 MiamiCentral office buildings from Shorenstein Properties for $230 million. The office complex, which was developed in 2017 and 2018, spans 317,939 square feet.
Read MorePROFILE Exclusive: The Legendary 46 Star Island Originally Built By Carl Fisher Finally Sells For $39 Million
Beach Carl Fisher, has finally sold for $39 million. The property was listed by Dora Puig and Alexa Iacovelli of Luxe Living Realty and Jill Hertzberg of The Jills Zeder Group at Coldwell Banker brought they buyer.
Read MoreAB Asset Management Acquires Residence Inn Coconut Grove From Hersha Hospitality Trust
AB Asset Management has acquired the Residence Inn Coconut Grove, a three-building, 140-unit hotel at 2835 Tigertail Avenue in Miami’s vibrant Coconut Grove neighborhood. The 2 acre property sold for $31 million, which breaks down to roughly $221,429.
Read MoreNew Urban Communities Sells Azul Apartments In Stuart For $15.5 Million
The Delray Beach-based New Urban Communities, led by Kevin Rickard and Tim Hernandez, has sold Azul Apartments in Stuart for $15.5 million to the San Diego-based public REIT DiversyFund Growth REIT. The price breaks down to roughly $316,000 per unit.
Read MoreSuntex Marina Investors Acquires Prime Marina Miami In Coconut Grove
The Dallas-based Suntex Marina Investors LLC has acquired Prime Marina Miami in Coconut Grove. Terms of the deal were not disclosed but it does include the transfer of a 70-year lease on 111 boat slips which was recently signed by Prime Marina Group.
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