The biggest buys in Broward

Premier Estate Properties leads the way on top deals list

Nov.November 03, 2012 07:00 AM

991 Hillsboro Mile

As Miami’s condo market experienced unprecedented gains during the past two years, demand for real estate, particularly high-end real estate, has moved to the north, through Miami-Dade County all the way to Hollywood and Hallandale at the beginning of the Broward County line.

That represents a shift, as Broward County has traditionally been something of a border for the luxury market, with only certain buyers choosing to cross it, and usually for less than comparable properties in Miami or Palm Beach.

The main difference, of course, is condominiums. While the top sales in Miami-Dade saw a large number of condo transactions among its top 15 (see “Indian Creek dominates Miami’s top sales”), Broward’s superhigh-end condo market has a far more limited supply. Just one condominium sale, a $3.8 million transaction at Fort Lauderdale’s L’Hermitage, made the top 15.

Broward’s top 15 sales for the first nine months of 2012 — totaling $81.05 million — were led by the $12 million sale of 991 Hillsboro Mile in the exclusive waterfront enclave of Hillsboro Beach. The five-bedroom, 11,000-square-foot home was built in 2007.

Joseph Liguori and Carmen D’Angelo of Premier Estate Properties handled the deal as listing and selling agent, respectively. In fact, Premier Estate handled four of the top 10 sales in the county.

Second on the list was the $7 million sale of 3305 Fairfield Lane in Weston, sold by Richard Nilsen, who built the Mattress Giant company. The home is located in the Windmill Ranch Estates subdivision, which was formerly home to Hall of Fame quarterback Dan Marino (who entered the Broward real estate game in 2011 as an equity partner with MMD Realty).

Eiglarsh Realty’s David Eiglarsh was the listing agent, and Macken Realty’s Denise Buckley was the selling agent on the deal.

Click to enlarge


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
68 Gold Street with CW Realty CEO Cheskie Weisz and 1340 East Bay Avenue (Google Maps)
CW Realty purchase makes TRD’s mid-market i-sales list
CW Realty purchase makes TRD’s mid-market i-sales list
NAR Pending Home Sales Index Up Record 44 Percent in May
TRD Insights: What a record month for contracts says about the US housing market
TRD Insights: What a record month for contracts says about the US housing market
Corcoran's Pam Liebman, Compass's Robert Reffkin and Elliman's Howard Lorber jockey for position atop the resi rankings. (Illustration by Nate Kitch)
Selling the whole city: TRD’s resi brokerage ranking expands beyond Manhattan
Selling the whole city: TRD’s resi brokerage ranking expands beyond Manhattan
Special Report Stimulus Package
What the $2 trillion stimulus does for real estate
What the $2 trillion stimulus does for real estate
Clockwise from left: The Chrysler Building, The Putnam Portfolio, CBRE's Darcy Stacom, JLL's Andrew Scandalios, The Coca-Cola Building and Cushman & Wakefield's Doug Harmon
A tight hustle: TRD’s annual tally of the city’s biggest investment sales firms
A tight hustle: TRD’s annual tally of the city’s biggest investment sales firms
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...