🏆 Residential: The top residential sale to hit records was in Bal Harbour, where Developer Michael Klinger sold a 10,800-square-foot mansion at 56 Bal Bay Drive for just under $43 million. The deal is the most expensive in the village this year. The buyer was a trust with Keith Sutton and Loretta Younkin as trustees. The home sits on a half-acre lot and has seven bedrooms and eight and a half bathrooms. Douglas Elliman’s Dina Goldentayer and Joel Lusky of the Brokerage South Florida had the listing. Cindy Orlinsky, also with Douglass Elliman, brought the buyer.
🏆 Commerical: The top commercial deal was in Miami, where an industrial complex at 8351, 8361, 8371, 8381 and 8391 Northwest 64th Street traded for $12.8 million. The complex spans about 51,000 square feet. The seller was an LLC managed by Mayra and Nella Martinez. The buyer was an affiliate of Faropoint Ventures.
📊 Residential: In West Palm Beach, John and Beverlee Raymond parted with a home at 7810 South Flagler Drive for $18.3 million or roughly $2,500 per square foot. The buyer was 7810 S Flagler WPB LLC. Built in 2021, the home spans more than 7,300 square feet and has five bedrooms and four bathrooms. The Raymonds purchased the property in 2019 for $5 million. Stephen Simpson with William Raveis Real Estate had the listing, and Samantha Curry with Douglas Elliman brought the buyer.
📊 Residential: A home at 1675 Lands End Road in Manalapan changed hands for $11.9 million. The sellers were Edward Batts and Robyn Hudgens, and the buyer was a company tied to Richard Kirk, executive chairman of Third Security, which manages a portfolio of biotechnology companies. The waterfront home spans about 6,600 square feet and has five bedrooms, five bathrooms and two powder rooms. It had previously sold in December for $11.7 million. Christian Angle with Christian Angle Real Estate represented both sides of the sale.
If you like this digest, you can get it even earlier — every evening — by subscribing to TRD Data, here.