🏆 Commercial: In Weston, the 174-key Courtyard by Marriott at 2000 North Commerce Parkway sold for $22.75 million. Ashford Hospitality sold the hotel to Driftwood Capital. The price was under $131,000 per key. Driftwood borrowed $19.3 million from Fifth Third Bank to finance the deal.
🏆 Residential: In Palm Beach, the most expensive residential sale Monday was $17.9 million for a 6,532-square-foot home at 201 Via Bellaria in the Mar-a-Lago security zone. Craig Hammer and Bradford Hammer, co-trustees of the Ryna Greenbaum Living Trust, sold the home to Adam and Carolina Rodman. Adam Rodman is founder and CEO of energy investor Segra Capital. Lawrence A. Moens Associates represented the seller, and Simon Isaacs Real Estate represented the buyer.
📊 Commercial: A 24-unit apartment building with 12,016-square-feet of retail at 1925 Southwest 3rd Street in Miami sold for $11 million. The price amounts to $458,000 per apartment. Tropical Apartments LLC sold the property to Commercial Rental Investments.
📊 Residential: An oceanside condo at 7600 Fisher Island Drive in Miami Beach sold for $12.7 million, or $3,200 per square foot. Jill Eber and Darell Burks with Coldwell Banker represented both the sellers and buyers. The 4,000-square-foot unit last sold for $11.8 million in July 2024. The seller was Broadway Realty I Co, which filed for Chapter 11 bankruptcy last year. Summit Properties USA was the buyer.
📊 Residential: In South Miami, 5847 Southwest 81st Street sold for $6.2 million, or $1,247 per square foot.. The 5,000-square-foot home was built last year. David Cabarrocas and Judith Zeder with Coldwell Banker Realty represented the seller and Paola Marulanda with One Sotheby’s International Realty represented the buyer.