🏆 Residential: The priciest residential transaction recorded in South Florida was on Fisher Island. Pierre Brondeau, executive chairman of FMC Corp., a Philadelphia-based agricultural sciences company, and his wife Melissa Brondeau parted with a 9,800-square-foot penthouse at 7093 Fisher Island Drive, the Palazzo Del Sol, for $35.2 million. The couple purchased the pad in 2021 for $20 million. The buyer was a trust tied to Andrew Zaro, whose family founded a large bakery in the New York City metropolitan area. The home has seven bedrooms, seven full baths and two half baths, along with a nearly 1,800-square-foot wraparound terrace. Dora Puig with Luxe Living Realty represented the Brondeaus. LPH.
🏆 Commercial: The top commercial real estate deal recorded in South Florida was in Fort Lauderdale, where an industrial property at 201 Northwest 22nd Avenue sold for $64.1 million or almost $290 per square foot. The seller was an affiliate of Bethesda, Maryland-based ASB Capital Management and the buyer was Dallas-based real estate investment trust Granite REIT. The property, built in 2018, spans nearly 222,000 square feet and last traded in 2019 for $38.2 million.
📊 Commercial: A hotel known as the Sonesta ES Suites Plantation at 410 North Pine Island Road in Plantation traded for $13 million. The seller, an LLC tied to Newton, Massachusetts-based Service Properties Trust, purchased the 99,600-square-foot, 141-key property in 2003 for $11.9 million. The buyer was an affiliate of Miami-based Baywood Hotels. The latest transaction works out to roughly $131 per square foot.
📊 Residential: An LLC tied to Iurii Shliakhov and Olena and Kateryna Shliakhova shed a single-family home at 630 Golden Beach Drive in Golden Beach for $15.4 million. The buyer was an LLC linked to Michael Petillo. The home, which was built in 2020, has seven bedrooms, nine bathrooms and a four-car garage. It spans about 8,500 square feet, pricing the sale at roughly $1,800 per square foot. The mansion also has a pool and canal access. It has been on and off the market since 2022, when its asking price was $22 million. Alexander Goldstein with Miles Goldstein Real Estate represented the seller, and Victoria Krasnov with Elevated Property Group brought the buyer.
📊 Residential: David and Marcela Herskowitz parted with a home at 2931 Emathla Street in Miami for $10.3 million. David Herskowitz is a developer based in Los Angeles. The buyers were Rachel and Damian Narvaez, who work in real estate development and investment. The residence was built in 2023 and has six bedrooms and four bathrooms across 6,200 square feet. The Herskowitzes listed the home for $12 million in October, and Mickael Lancri with Mickael Lancri Real Estate had the listing.