JLL vice chairman buys Apogee condo in South Beach for $6M

Unit sold for $2,322 psf

Miami /
Apr.April 06, 2021 11:30 AM
JLL's Gregory and Apogee at 800 South Pointe Drive, Miami Beach (Google Maps, iStock)

JLL’s Gregory and Apogee at 800 South Pointe Drive, Miami Beach (Google Maps, iStock)

A JLL vice chairman bought a unit at Apogee in South Beach for $6.4 million.

Gregory Lubar and his wife, Stacey, purchased unit 702 at 800 South Pointe Drive in Miami Beach from Thomas Olausson, records show.

Gregory Lubar is vice chairman and international director for brokerage in JLL’s Washington, D.C. office, according to its website. Prior to JLL, Lubar was a managing director at The Staubach Company. JLL and The Staubach Company merged in 2008.

Stacey Lubar is vice president of development for the Washington, D.C.-based Anchor Fund, an organization that supports victims of domestic abuse and sexual violence.

Property records show the seller, Olausson, through Nordic Lion LLC, purchased the unit for $3.2 million in 2010. He later transferred ownership to his name in 2011.

Olausson listed the 2,756-square-foot condo in May for $7.4 million. The asking price dropped to $7.2 million in December. Blanca Wall with You Realty represented Olausson.

The unit sold for $2,322 per square foot.

The three-bedroom, three-and-a-half-bathroom condo also includes an air-conditioned two-car garage, according to the listing.

Apogee, developed by the Related Group in 2007, has had several sales recently. Among them, a managing partner of a hedge fund bought a condo for $13.7 million, and the head of a private equity firm paid $11.5 million for a unit. Also this year, a former Hyatt Hotels president sold his unit for $7.5 million.






    Related Articles

    arrow_forward_ios
    Joseph Beard and Apogee at 800 South Pointe Drive, Miami Beach (Google Maps)
    Westdale CEO sells Miami Beach condo for $16M
    Westdale CEO sells Miami Beach condo for $16M
    2001 Lake Avenue, Miami Beach (Google Maps)
    Private equity partner buys Sunset Islands waterfront mansion for $11M
    Private equity partner buys Sunset Islands waterfront mansion for $11M
    34 Star Island Drive (Google Maps, iStock)
    Star Island buyers flip waterfront home for $21M
    Star Island buyers flip waterfront home for $21M
    Ian Bruce Eichner and his unit
    Eichner sells his Continuum South Beach penthouse for $35M
    Eichner sells his Continuum South Beach penthouse for $35M
    Troy Martin Cox and 5191 Pine Tree Drive, Miami Beach (Google Maps)
    Former biotech CEO buys waterfront home on Pine Tree Drive for $12M
    Former biotech CEO buys waterfront home on Pine Tree Drive for $12M
    Daren Metropoulos and 7815 Atlantic Way (Douglas Elliman, iStock)
    Playboy Mansion owner pays $18M for oceanfront Miami Beach home: sources
    Playboy Mansion owner pays $18M for oceanfront Miami Beach home: sources
    Maggie Cordish and Palazzo Della Luna (David x Prutting/Patrick McMullan/Getty)
    Maggie Cordish, former White House adviser, pays $7M for Fisher Island condo
    Maggie Cordish, former White House adviser, pays $7M for Fisher Island condo
    Miami-Dade condo sales map and Arte by Antonio Citterio (Google Maps)
    Miami condo sales drop in early April
    Miami condo sales drop in early April
    arrow_forward_ios

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

    Loading...