Waterfront North Bay Village home sells for near-record $13M
A Miami businessman sold a waterfront North Bay Village home for $12.5 million, marking one of the most expensive homes ever sold in the island community. Records show Lavender Diamond Group, managed by Silvio Galvez Sr., sold the home at 7520 West Treasure Drive to a Florida entity named for the address and managed by Eddy Arteago Sile. It is the second-most expensive home ever sold in the small town, and the most expensive ever sold on North Bay Village’s Treasure Island. The village’s price record was set in November, when the waterfront home at 1331 Bay Terrace sold for […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

“Reckless”: Lawsuit accuses Madison Realty of negligence and financial mismanagement at downtown Miami condo-hotel tower

Hip hop mogul Rick Ross adds “developer” to resume in Miami Gardens

Florida REIT accused of fraud, spending investor money on jets, jewelry, gun ranges, adult clubs

Top permits: $44M condo reno, massive Baptist hospital expansion

Lender makes $40K credit bid for foreclosed Broward beach resort

Multifamily is back. Or is it? Oversupply lessens but vacancies, pipeline still high

South Florida’s top deals: Sketchers co-founder picks up Miami home for $11M

Pinnacle scores $41M financing for senior affordable housing in growing market

Baron nabs $227M refi for Hialeah rental complex as nearby development advances

Billionaire Larry Ellison expands Manalapan estate with $34M land buy

