Broken records! South Florida home sales set benchmarks left and right

By Melanie Gray | October 31, 2013 04:30PM

From the South Florida Market Report: In the last 18 months, Miami has turned into a real estate record-breaking machine. Sears CEO Eddie Lampert kicked off the madness in March 2012 when he paid $38 million for a villa in Indian Creek — the most ever for a single-family home. Only five months later, in August, a Russian mystery buyer ponied up $47 million for a compound just a few doors down. [more]