🏆 Commercial: The top commercial sale to hit records in South Florida was in Lake Worth, where a 377-unit assisted living facility at 9130 Hypoluxo Road traded for $87.2 million. The property spans more than 366,000 square feet and sits on a 22.5-acre site; it last sold in 2024 for $63.8 million. In the latest sale, the seller was Chicago-based Focus Healthcare Partners. The buyer was Toledo, Ohio-based health care real estate investment trust Welltower.
🏆 Residential: A home at 180 Solano Prado in Coral Gables changed hands for $13 million, marking the priciest residential deal recorded in South Florida. The seller was a trust tied to Ashley Tittle Goldstein. The buyer was 180 Solano LLC. The waterfront property has six bedrooms, six full bathrooms and two half bathrooms across about 6,800 square feet. The deal works out to roughly $1,900 per square foot. Dennis Carvajal with One Sotheby’s International Realty represented both sides of the sale. The property, built in 1995, went on the market about a year ago, with an asking price of just under $15 million.
📊 Commercial: In Miramar, a commercial building at 7801 Riviera Boulevard traded for $14.2 million. The seller was an LLC tied to Abaham Leser. The buyer was an LLC tied to New York-based Box Equities. The property spans nearly 70,000 square feet, pricing the sale at roughly $200 per square foot. It last sold for $8.8 million in 2022.
📊 Residential: In Bal Harbour, a condo at 10203 Collins Avenue sold for $11.8 million. The seller was James Barton, Jr., and the buyer was an LLC managed by real estate developer Kevin Lalezarian. The unit measures about 4,000 square feet, pricing the transaction at nearly $3,000 per square foot. Barton purchased the pad, which has three bedrooms and four and a half bathrooms, in 2022 for $11.5 million. The unit’s last listing price was $13.5 million. Joaopedro Estrada with MC Miami Realty had the listing, and Monica Cohan, also with MC Miami Realty, represented the buyer.
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