South Florida’s top deals: Harbor Group pays $109M for Miami apartment complex

by Mary Diduch

🏆 Residential: Miami had the most expensive residential sale to hit records. A trust scooped up the home at 4040 Kiaora Street for $22.5 million from an affiliate of luxury homebuilder Pascal Nicolai. Built last year, the home measures 8,500 square feet and has six bedrooms, seven and a half bathrooms and a guest house. Nicolai purchased the property in 2022 for $4.6 million. The home’s last asking price was $24.9 million. Lourdes Alatriste with Douglas Elliman had the listing. Miltiadis Kastanis with Compass represented the buyer. 🏆 Commercial: Harbor Group International, based in Norfolk, Virginia, paid $109 million for […]

This article originally appeared on The Real Deal. Click here to read the full story.

Eric Reikenis
Eric Reikenis

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