🏆 Residential: The top home sale recorded in South Florida was in Bal Harbour, where a waterfront home at 216 Bal Bay Drive changed hands for just under $29 million. A trust tied to Luis Arevalo sold the property to a trust managed by attorney Mark Meland. Built in the 1950s, the property spans about 3,000 square feet and has three bedrooms and three and a half bathrooms. The seller purchased it in 2015 for $7.5 million. The property’s last asking price was $29.9 million. Jill Hertzberg with Coldwell Banker’s the Jills Zeder Group had the listing, and Dina Goldentayer with Douglas Elliman brought the buyer.
🏆 Commercial: Miami-Dade logged the top commercial deal to hit records in South Florida, with the sale of a luxury apartment building known as Biscayne Shores at 11295 Biscayne Boulevard. The property is in an unincorporated area of the county that’s bordered by North Miami, Miami Shores and Biscayne Park. An affiliate of Integra Investments sold the complex to an affiliate of RPM Living Investments, based in Atlanta. The complex, built in 2024, includes a 15-story property with 288 apartments and 92 townhouses across three buildings. Sources told The Real Deal that the sale amounted to $151.4 million; the recorded deed values the property at $206 million, though the buyer is disputing this.
📊 Residential: In North Palm Beach, Robert and Robin Martin sold the home at 11329 Turtle Beach Road to John and Norah Daly — John is a financier — for $13 million. The property spans more than 6,200 square feet, pricing the sale at more than $2,100 per square foot. It has five bedrooms and four and a half bathrooms.
📊 Residential: A trust tied to attorney Harold L. Lewis parted with the home at 1276 Biscaya Drive in Surfside for $11.4 million. The buyer was a trust linked to Brian Rebhun, a partner with PwC’s asset and wealth management tax practice. The home has five bedrooms and six and a half bathrooms across 4,900 square feet, pricing the sale at more than $2,300 per square foot. The property last traded in 2020, for $5.5 million.If you like this digest, you can get it even earlier — every evening — by subscribing to TRD Data, here.