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Monumental Real Estate Sells $7.2M Estate, Fueling Luxury Boom in Southwest Ranches

A stunning estate at 17841 W 70th Place has just closed for $7.2 million—offering more than just a jaw-dropping price tag. The sale marks a defining moment for Southwest Ranches, signaling the continuous neighborhood’s transformation into South Florida’s next luxury stronghold. Behind this shift is Roberto Bolona, the visionary founder of  Monumental Real Estate, a luxury development firm that is turning this once-understated enclave into a high-end haven for discerning buyers.

Monumental Real Estate is rapidly gaining a reputation for delivering properties with timeless design, precision craftsmanship, and an elevated vision of residential living. Founded by Bolona, a South Florida native with deep experience in commercial and residential development, the company is building estates that feel more like private resorts than single-family homes.

“This sale isn’t just a win, it’s a statement,” says Bolona. “The transaction reflects what’s happening here in Southwest Ranches: luxury is no longer confined to Miami Beach or the islands. It’s expanding, evolving—and we are leading that evolution.”

Nowhere is that more evident than within Monumental Real Estate’s growing portfolio of showpiece properties. Just minutes from the record-breaking sale, two neighboring estates on SW 52nd Court are poised to continue the momentum.

Listed for $7.5 million, a 9,000-square-foot residence at 17301 SW 52nd Court is set on two lush acres, offering flowing indoor-outdoor living, wellness-focused amenities, a tennis court, and an aesthetic that’s both modern and timeless.

Next door, 17311 SW 52nd Court—a soon-to-be-completed architectural gem designed by Affinity Architects—pushes the bar even higher. On the market for $9.9 million, the property spans nearly 10,000 square feet, showcasing clean design with cutting-edge luxury for a rare turnkey opportunity in one of the area’s most coveted pockets.

“Southwest Ranches is unlike anywhere else in South Florida,” says Bolona. “It’s exclusive without being overbuilt. The area offers true luxury—land, privacy, and elegance. And it still has so much potential.”

That untapped potential is exactly what’s drawing a new wave of high-end buyers and inspiring developers like Bolona to push the boundaries of residential design. With its expansive lots, equestrian charm, and proximity to Miami and Fort Lauderdale, the area is ripe for reinvention.

“Southwest Ranches is quickly emerging as one of South Florida’s most sought-after luxury markets for buyers who value estate living,” said Chad Carroll with The Chad Carroll Group at Compass. “We are seeing growing demand from clients who want more than just a home—they’re looking for a private retreat, and Southwest Ranches delivers that lifestyle with its expansive estates, unparalleled privacy, and exclusivity.”

And with each new project, Monumental Real Estate is shaping the future of modern luxury living in South Florida.

“Our vision for every project is to craft an experience where beauty and function are seamlessly intertwined,” Bolona adds. “We’re not just building homes, we’re creating destinations for living well.”