🏆 Residential: The priciest residential transaction recorded in South Florida was in Palm Beach, where a mansion at 1460 North Lake Way changed hands for $72 million. The seller was a British investor, Pamela W. Starret, and the buyer was undisclosed. The residence, which sits on a nearly 1-acre property, spans just under 16,000 square feet and has a private boat dock, a pool, a media room, six bedrooms, six full bathrooms and three half baths. Its asking price was $95 million in 2024. Serhant’s Gary Pohrer represented the seller. Margit Brandt with Premier Estate Properties brought the buyer. The transaction was off market.
🏆 Commercial: The top recorded commercial deal in South Florida was for a 10-unit co-op property in Delray Beach that changed hands about a half year prior. An LLC managed by Daniel E. Edwards sold the property at 1191 South Ocean Boulevard for $22.5 million, after purchasing it in July for $18 million. The buyer in the latest transaction was an LLC managed by John P. Byrnes.
📊Residential: Roger Barnett, CEO of nutrition company Shaklee Corp., and his wife, journalist Sloan Barnett, offloaded a waterfront mansion at 3085 Munroe Drive in Miami’s Coconut Grove neighborhood for $71.9 million. The home spans 10,400 square feet and has seven bedrooms and eight bathrooms. The buyer was a trust managed by Greenberg Traurig attorney Benjamin Babcock and Mary McFadden Quisenberry, chief operating officer at San Francisco-based Rosewood Family Advisors. The Barnetts had owned the property since 2021, when they purchased it for $45.9 million.
📊Residential: John Hufsky, who leads a food import company, scooped up a single-family home at 610 West Dilido Drive on the Venetian Islands in Miami Beach for $16.1 million. The sellers were a trust linked to Pam Derderian and John Marazza. The five-bedroom house has five and a half baths and dates to 2010. It spans 6,400 square feet, pricing the deal at roughly $2,500 per square foot. Nelson Gonzalez with BHHS EWM Realty had the listing.
📊Residential: A home at 225 El Pueblo Way in Palm Beach traded for $15.9 million. The sellers were a trust tied to Corcoran realtor Richard True, who brokered the deal, and Tatiana True, who is also a Corcoran broker. The couple purchased the house in 2024 for $10.5 million. The buyer in the latest deal was another trust. The four-bedroom residence measures 5,100 square feet; the deal pencils out to more than $3,100 per square foot. It hit the market in September, with an asking price of just under $17 million.