🏆 Residential: The top home sale to hit records in South Florida was in Sunny Isles Beach, where a penthouse at 19575 Collins Avenue traded for just under $19.9 million or roughly $2,200 per square foot. The seller was a company managed by real estate investor Nicolas A. Weinstein, and the buyer was an LLC managed by business attorney Karl-Heinz Lachnit. The oceanfront, 9,200-square-foot duplex condo has four bedrooms, five and a half baths, private terrace space and pool. It has been on and off the market for years; its last asking price was $19.9 million. Daniel Hertzberg with Coldwell Banker Realty had the listing, and Alexander Kronfeld with Miami Residence brought the buyer.
🏆 Commercial: The priciest commercial transaction recorded in the tri-county region was in Miami, where a hotel known as the WoodSpring Suites Doral Miami Airport, at 7500 Northwest 41st Street, changed hands for $7.7 million. The five-story building, built in 2020, spans more than 62,300 square feet. The seller was an LLC managed by Miami-based Gold Coast Premier Properties, and the buyer was an affiliate of Atlanta-based Noble Investment Group.
📊 Residential: At 300 South Pointe Drive in Miami Beach, a trust tied to Lina L. Hu purchased a condo for $9.5 million. The seller was an LLC tied to Rejane S. Novaes. The duplex measures 5,500 square feet, pricing the deal at more than $1,700 per square foot. The unit has three bedrooms and four and a half baths. The seller bought the pad in 2023 for $8.8 million and put it on the market in October, seeking $10.8 million. Jacob Abdala with Legacy Plus Realty represented the seller, and George Collazo with The Source Commercial Realty, the buyer.
📊 Residential: Jason Porreco sold a waterfront, single-family home at 3445 Harbor Road North in Jupiter to Timothy Cheung for $9.3 million. Porreco paid just under $10 million for the property in October 2024 then put it back on the market a month later for $11.5 million. Built in 2022, the home spans more than 4,400 square feet and has five bedrooms, four and a half baths, a summer kitchen and a pool. The transaction pencils out to about $2,100 per square foot. William Raveis Real Estate’s Manuela Porreco had the listing, and Illustrated Properties’ Christian Demers represented the buyer.If you like this digest, you can get it even earlier — every evening — by subscribing to TRD Data, here.