South Florida’s top deals: Edgewater development site trades for $43M
🏆 Residential: The priciest recorded home sale was in Palm Beach for a new home at 239 Wells Road for $12 million. The seller was 239 Wells Road LLC and Morning Dew LLC was the buyer. The home has five bedrooms with seven full baths and two half baths. Spanning about 5,700 square feet, the price per square foot comes to $2,100. Spencer Schlager with Douglas Elliman had the listing. 🏆 Commercial: The top commercial sale to hit records was in Miami. London-based Cain and Kushner acquired an apartment development site at 614 and 720 Northeast 27th Street in Edgewater […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

Related Ross seeks $26M sale-leaseback for Palm Beach County Convention Center hotel

Walmart targets Florida’s fastest-growing city with 24-acre land buy for store

Transit Village ready to roll? BH, Related Group cleared to close on land

Hassan Whiteside’s Miami Beach mansion paces $110M week for Miami-Dade luxury contracts

Billionaire Greene hits back at contractor in lawsuit over West Palm apartments

Procacci sells entitled multifamily site near Galleria Mall for $25M

Movers: Boca Raton CRE veteran Arnie Sevell joins LQ Commercial

South Florida’s top deals: Procacci offloads multifamily dev site in Fort Lauderdale for $25M

Michael Stern’s projects flash signs of distress, but risk-taking developer has come back from crises and chaos before

Heir to Ansins’ TV news dynasty carves his path in megadevelopment

