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Resi roundup: Luxury homes trade despite slow season

Sales spanned Sunny Isles Beach to Palm Beach, ranged from $10.1M to $13.5M

Resi Roundup: Luxury Homes Trade Despite Slow Season

A photo illustration of Clara Homes founder and CEO James Curnin (Getty, Clara Homes)

In the latest roundup of South Florida luxury sales, homes continued to sell despite the summer slowdown. 

Sales spanned Sunny Isles Beach to Palm Beach, and ranged in price from $10.1 million to $13.5 million.

Sunny Isles Beach

In Sunny Isles Beach, Michael Deitz and Leora Schwarz bought a waterfront spec home for $11.5 million. 

Records show the couple’s family trust bought the house at 311 Atlantic Avenue from an entity named for the address and managed by Ian Ludmir, the founder of real estate development firm Forse in Miami. 

Vanessa Frank of One Sotheby’s International Realty had the listing, and Saddy Delgado also of One Sotheby’s brought the buyer.

Ludmir’s entity bought the 0.2-acre waterfront property for $5 million in 2022, records show. He completed the 5,700-square-foot house this year, according to Redfin. It has seven bedrooms, nine bathrooms, one half-bathroom, a pool and a dock. It was listed for $11.9 million in 2022, according to Zillow. 

Miami

In Miami, spec developer James Curnin sold a mansion for $13.5 million.

Records show Curnin’s Clara Homes Davis Road LLC sold the house at 4740 Southwest 80th Street to a trust named for the address. 

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Isaac Lustgarten and Jennifer Goldstein of Official, Oren and Tal Alexander’s embattled brokerage, had the listing. Lustgarten brought the buyer as well. 

Curnin bought the 1-acre site for $3 million in 2021, records show. He completed the 8,700-square-foot mansion this year. It includes seven bedrooms, nine bathrooms, one half-bathroom, a pool, a gym, a two-story guest house and staff quarters, the listing shows. Curnin listed it for $16 million in 2022, according to Redfin. 

Curnin’s Miami-based Clara Homes is developing a multifamily project in Bay Harbour Islands with three six-story buildings and a total of 150 units on several non-contiguous lots. 

Palm Beach

In Palm Beach, an heir of Detroit’s Fisher family bought a house for $10.2 million.

Christine Fisher Grow bought the home at 232 Sandpiper Drive from Megan Maguire Nicoletti, the daughter of insurance magnate James J. Maguire, according to records. 

Liza Pulitzer and Whitney McGurk of Brown Harris Stevens represented both sides of the deal.

Grow is the daughter of the late Alfred J. Fisher II and is an heir to the Fisher Body Corporation fortune. Fisher Body was the largest producer of auto bodies in the early 20th century, and the Fisher family rose to prominence in Detroit society. The city’s landmark skyscraper, the Fisher Building, is named for the family. Grow and her siblings sold their late parents’ lakefront Palm Beach home for $27.1 million in June. 

Nicoletti bought the Sandpiper house for $5.4 million in 2021, records show. It was built on 0.3 acres in 2002, and spans 4,200 square feet, with three bedrooms, five bathrooms, one half-bathroom, and a pool, according to property records. 

Nicoletti listed it for $11.8 million in March, Redfin shows. 

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