Resi Roundup: Financiers, Real Estate Investors Buy Homes

Sales from Miami Beach to Palm Beach ranged between $6 million and $10 million in the latest roundup of South Florida residential deals.

In Miami Beach, Artefacto owner Paulo Bacchi and his twin sons, Pietro and Bruno, closed on a penthouse at Murano at Portofino in an off-market deal. The Bacchis bought unit 3701 in the 37-story, 189-unit tower at 1000 South Pointe Drive for $8 million, records show.

The seller is Marlene Perlmutter, the widow of Michael Perlmutter, who died last year. The late Perlmutter was the longtime president of Perlmart, a New Jersey supermarket chain. Perlmutter sold the business to Saker ShopRites, another family-owned grocery store chain in New Jersey, for an undisclosed price in 2021, according to published reports.

Oren Alexander and Isaac Lustgarten of Official handled both sides of the deal, a spokesperson confirmed.

The Bacchis’ penthouse has three bedrooms, four bathrooms, and one half-bathroom, records show. It spans nearly 3,400 square feet. The tower was completed in 2002 by the Related Group, and includes a fitness center, pool, spa, and lighted tennis courts. The Perlmutters bought the unit for $2.9 million in 2004, records show.

Paulo Bacchi is an active player in Miami Beach’s residential market. In June of last year, he sold a waterfront Hibiscus Island lot for $10.7 million.

In Pompano Beach, a tech founder and her investor husband sold her waterfront mansion to a real estate investor for $10 million. Records show Charlotte Fudge and Michael Penman sold the house at 2593 Southeast 8th Street to JJTA22 Real Properties LLC, a Florida entity linked to Jarek Tadla.

James Balarillo and Deborah Goedde of Metro Premier Properties had the listing, and Gilles Rais of Coldwell Banker Realty brought the buyer.

Fudge co-founded Fort Lauderdale-based CentralReach, a software company that serves adults with autism to increase their independence, LinkedIn shows.

Tadla is a real estate investor and influencer. His Instagram, devoted to inspirational videos and snapshots of Tadla’s lavish lifestyle, has 4.5 million followers.

Records show he sold a home in Fort Lauderdale’s Bay Colony neighborhood to Stacy and John Dickerson in August for $14.5 million. The Dickersons sold a mansion in the same neighborhood to Lionel Messi for $11 million last month.

Fudge and Penman had paid $4.9 million for the nearly 11,300-square-foot Pompano Beach mansion in 2021, records show. Built in 2011 on a half-acre, the house has six bedrooms, seven bathrooms and one half-bathroom. The property has 270 feet of waterfront, and includes a gym, pool, and theater, the listing shows.

The couple listed it for $14 million in March of last year, Realtor.com shows. The sale price is more than double their purchase price from two years ago.

The sale closed within days of Bang Energy founder Jack Owoc’s $40 million purchase of an oceanfront mansion in Fort Lauderdale, marking a new price record in Broward County.

In Palm Beach, private equity investor E. Burke Ross Jr., his daughter and son-in-law sold a house for $6 million. Records show Ross Jr., Charlotte Ross and Alejandro Canet sold the house at 240 El Dorado Lane to Henry and Laura McNamara.

Gary Pohrer with Douglas Elliman had the listing, and Liza Pulitzer and Whitney McGurk of Brown Harris Stevens brought the buyer.

Ross Jr. is president of ADEC Private Equity, a Palm Beach-based firm. He is the brother of Amory L. Ross. In 2021, he sold an oceanfront mansion on the island for $45.6 million.

Henry McNamara is a venture capitalist and partner with Great Oaks Venture Capital in New York City. Laura McNamara is the daughter of Scott Belair, the co-founder of retail giant Urban Outfitters, which also owns Free People and Anthropologie.

Ross Jr., Ross and Canet bought the El Dorado Lane house for $3.5 million in 2020, records show. Built in 1960 on a quarter-acre, the 2,800-square-foot house has three bedrooms, four bathrooms and a pool, according to property records.