Boca Raton mansion leads Palm Beach County contracts with $19M asking price
A Boca Raton mansion in the Royal Palm Yacht & Country Club led Palm Beach County’s luxury market last week, landing a contract with a $19 million asking price. Buyers signed 13 contracts totaling $73 million in asking dollar volume between July 6 and July 12, according to a weekly report by Dougla
South Florida’s top deals: P. Diddy sells Star Island estate for $55M
🏆 Residential: The top home sale was on Star Island, where Sean Combs, aka P. Diddy, offloaded an 8,000-square-foot property at 1 Star Island Drive. The buyer was JFStar LLC, led by John A. Franklin of Virginia Beach, who purchased the six-bedroom, eight-and-a-half-bathroom home for $55 million. Th
Young buyers face tougher path to ownership
Pew Research found rising home prices, higher mortgage rates and bigger upfront costs have made homeownership harder for adults under 40. In several Florida metros, median home prices are now four to five times the median income for younger households.
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