In the latest roundup of South Florida luxury residential deals, moguls from a range of industries bought properties in the region.
The CEO of one of the nation’s largest homebuilders, a recruiting software boss and a mini golf mogul purchased homes from Miami Beach to Jupiter Inlet Colony, priced from $7.8 million to $11 million.
Miami Beach
In Miami Beach, Hovnanian Enterprises CEO Ara Hovnanian bought a waterfront home for $10.8 million.
Records show Hovnanian bought the house at 3301 Flamingo Drive from Terry Diamond in an off-market deal.
Hovnanian Enterprises is the parent company of Matawan, New Jersey-based K. Hovnanian Homes, one of the largest homebuilders in the country. Hovnanian has been CEO since 1997, when he succeeded his father and the founder of Hovnanian Enterprises, Kevork S. Hovnanian. Ara Hovnanian and his wife, artist Rachel Lee Hovnanian, also own the house at 2925 Flamingo Drive in Miami Beach, which they bought for $4.8 million in 2019, records show.
Diamond’s late husband, James Leonard Diamond, bought the 3301 Flamingo Drive house for $35,000 in 1977, according to property records. Built in 1937 on half an acre, the house spans 5,000 square feet, with four bedrooms and six bathrooms, records show. It also has a pool and a dock.
Boca Raton
In Boca Raton, a recruiting software boss bought a non-waterfront house for $7.8 million.
Jonathan and Amber Prothero bought the house at 1241 Cocoanut Road from an LLC named for the address and managed by Thomas and Michelle Murphy, records show.
Joe Liguori of Premier Estate Properties had the listing, and Christopher Bohn of the Keyes Company brought the buyers.
Jonathan Prothero is president of the Toronto-based human resources software firm TalentNet.
The Murphys bought the Cocoanut Road house for $5.2 million in 2019, according to property records. Built that year on half an acre, it spans 5,900 square feet, with five bedrooms, five bathrooms and one half-bathroom, according to property records. The couple listed it for $8.8 million in March, Redfin shows.
Jupiter Inlet Colony
In Jupiter Inlet Colony on Jupiter Island, mini golf mogul Greg Bartoli bought a waterfront half-acre lot for $11 million.
Records show Bartoli bought the land at 88 Lighthouse Drive from a Florida entity named for the address and managed by attorney Mac Ross.
Andrew and Milla Russo of Illustrated Properties had the listing, and Andrew Russo brought the buyer.
Bartoli is a former financier and the founder of PopStroke, a mini golf entertainment and dining chain. Each PopStroke offers two 18-hole mini golf courses, a restaurant, bar and ice cream parlor. Since launching in 2013, Bartoli has opened PopStrokes in Florida, Texas, Arizona, Alabama, South Carolina, and Nevada. Golf great Tiger Woods joined the business as an investor in 2020, and TaylorMade Golf Company invested in PopStroke last year, according to published reports.
Records show Bartoli and his wife, Patricia Bartoli, also own a North Palm Beach home they bought for $1.6 million in 2016.
The selling entity of the Jupiter Inlet Colony land bought it for $11.3 million in August of last year, selling for a $300,000 loss in just over a year, according to property records. It hit the market for $12.5 million in January, according to Zillow.