Here’s the latest from the South Florida market

From from August issue: New York real estate tycoon Peter Fine’s first spec home in Miami Beach is set to hit the market, asking $30.5 million, The Real Deal has learned.

The 15,000-square-foot mansion, at 6440 North Bay Road, will be listed by Darin Tansey of the Tansey Group at Douglas Elliman, said Josh Young, vice president of Fine’s To Better Days Development. The seven-bedroom, eight-bath estate is under construction, with completion expected in November. It will have a 2,500-square-foot roof deck, an expandable garage for up to six cars, 12-foot tall sliding glass walls and 100 feet of frontage on Biscayne Bay. [more]