The Real Deal Miami

Posts Tagged ‘miami beach’

  • Buyer revealed: Allan Rosenzweig paid $10M for waterfront Venetian Islands teardown

    Founder of Evergreen Life Insurance Group has permanent residency in U.S.
    April 24, 2017 02:19PM

    28 West Dilido Drive. Inset: Allan Rosenzweig

    The South African buyer who paid $10 million for a waterfront Venetian Islands home last week with plans to tear it down and build a new mansion is none other than Allan Rosenzweig, the founder of the Evergreen Life Insurance Group. [more]

  • Waterfront Venetian Islands teardown sells for $10M

    Broker says $746 per square foot for the land sets new record in Miami Beach
    April 19, 2017 01:00PM

    28 West Dilido Drive and Alain Berdouare

    A waterfront home on the Venetian Islands in Miami Beach just sold for $10 million to a South African buyer who plans to tear it down and build a new mansion. [more]

  • A mansion with a pedigree: Sprint CEO’s North Bay Road home, once owned by Rony Seikaly, hits rental market

    Furnished Mediterranean-style house at 2060 North Bay Road asking $60K/month
    April 18, 2017 04:15PM

    2060 North Bay Road, with Rony Seikaly on left, and Raul Marcelo Claure on right

    Sprint CEO Raul Marcelo Claure’s waterfront mansion on North Bay Road, which was formerly owned by Miami Heat legend Rony Seikaly, just hit the rental market asking $60,000 a month. [more]

  • As sea levels rise in Miami Beach, raising homes and buildings may be next

    But it's not cheap: lifting a single-family home can cost up to $100,000
    April 14, 2017 04:00PM

    A flooded street in South Florida (Credit: Getty Images)

    For some property owners in Miami Beach, raising their homes and buildings may be the only solution to dealing with rising seas.

    Miami Beach officials say that as the city raises its streets, they expect more homeowners and building owners to look seriously at raising their structures – many of which will be lower than streets and sidewalks on their property line. [more]

  • Peter Fine sells vacant lot on Palm Avenue for $5.6M to spec home developer

    Sale price is a 34% discount off original listing asking of $8.45M in May 2016
    April 12, 2017 05:15PM

    158 Palm Avenue and Peter Fine

    The fourth price cut was the charm.

    After dropping the price on his waterfront lot on Palm Island to $6.15 million, spec home developer Peter Fine just sold the site for $5.6 million, The Real Deal has learned.  [more]

  • Valet parking squabble pits Alexander Hotel condo association against owner of 40 rooms

    Both sides have been in dispute since Soho purchased the rooms in January 2015
    April 11, 2017 03:45PM

    The Alexander All Suite Oceanfront Hotel

    The condo association for the Alexander All Suite Oceanfront Resort is escalating an ongoing legal battle with a company that owns 40 rooms in the Miami Beach condo-hotel. [more]

  • Historic preservation board defers hotel conversion for Miami Beach’s South-of-Fifth

    Board voices concerns after owner neglects to meet with neighbors for nine years
    April 10, 2017 05:15PM

    Rendering of 250 Collins Avenue

    If developers want their projects approved in Miami Beach, they apparently had best not put off meeting with neighbors for nine years.    [more]

  • South Beach vacant lot trades, boutique condo project planned

    The 14-unit project will have condos ranging from one to three bedrooms, 672 sf to 1,315 sf
    April 07, 2017 05:15PM

    Rendering of planned project and Rena Kliot

    A vacant parcel fronting West Avenue in South Beach just traded hands for $4.75 million, with plans for a new boutique condo project. [more]

  • Palos’ North Bay Road spec manse sells for $20M

    Sale price marked a 21.6% discount off the asking price and equates to $1,729 psf
    April 06, 2017 05:15PM

    6466 North Bay Road with from left, Nelson Gonzalez, Brett Palos and Esther Percal

    A waterfront spec house at 6466 North Bay Road in Miami Beach sold for $20 million on Thursday, marking one of the highest sale prices ever on the ritzy street, The Real Deal has learned. [more]

  • Aerie’s first standalone store in South Florida to open on Lincoln Road in bebe’s current site

    The brand wanted a flagship location on Lincoln Road near its parent American Eagle
    April 06, 2017 02:15PM

    900 Lincoln Road and from left, Aaron Butler and Steve Asch

    Aerie, a lingerie retailer owned by American Eagle, has signed a lease to open its first standalone store in South Florida on Miami Beach’s Lincoln Road, The Real Deal has learned. [more]