Prices of Palm Beach single-family homes soared over the past year, headed by a blast of luxury sellers looking to unload properties ahead of changes to the federal tax code. Prices averaged $5.03 million in the 6 months ending in March, a 78% gain over the $2.83 million average in the same period a year […]
Archives: April 2013
Rapper Lil’ Wayne’s $14M La Gorce Island home could be seized
Lil’ Wayne may lose the La Gorce Island home that hepurchased for $14 million in 2010. This is due to his production company, Young Money’s, bankruptcy owing $3.4 million in fines and legal fees. He may lose his South Florida assets, including the waterfront home and several expensive cars.
Matt Damon lists Miami Beach compound for $20M
Matt Damon has listed his Miami Beach home, containing 10 bathrooms and 7 bedrooms, all for $20 million. It measures 12705 sq. ft., has a home theater, a guesthouse, a pool house with roof terrace, and 170 ft. of frontage on Biscayne Bay. Jill Elber and Jill Hertzberg from Coldwell Banker have his listing. Damon […]
Resale of One Thousand Ocean residence nets $5.8M
In Boca Raton’sOne Thousand Ocean, a unit at has sold to a secret buyer for $5.8 million. For a home re-sold,it netted the most expensive resale value at the LXR Luxury Resorts-developed project in less than 190 days.
Edition condo sells for $6M
The Edition, a 26-unit John Pawson-designed combination condo-hotel, is scheduled to open in 2014. The project highlights 26 condo units ranging from one-to-four bedrooms, on the top two floors of a 250-room hotel. $6 million was the prize of a 2,000-square-foot two-bedroom condominium in The Edition. The Edition launched sales in January. Last month, Coldwell […]
$650M renovation of Fort Lauderdale airport planned
Fort Lauderdale-Hollywood International Airport will get a new look with $650 million in renovations. This will include higher ceilings in current terminals, entirely rebuild the international terminal and make a framework for the Florida East Coast Railway to access the airport in the future. They also hope to boost tourism due to this project for […]
Following Doral Resort & Spa acquisition, Ivanka remakes Trump Organization image
Ivanka Trumpis maximizing her part at her father’s company, the Trump Organization, adding a more feminine taste to the company’s image. She has started working to convert the manly Trump brand, lending her own design aesthetic to the company’s growing collection of hotels and golf resorts after the $150 million bargain attainment of the Miami’s […]
Coldwell Banker acquires two Florida firms
Coldwell Banker Real Estate has acquired two real estate companies in Florida: Keldorff (has seven offices with over 100 sales associates and operates as ERA Showcase Properties & Investments) and Pruitt Real Estate(has roughly 70 sales associates). Right now, Coldwell Banker owns and operates more than 80 offices and has nearly 4,800 sales associates in […]
New extension granted to Margaritaville developer
Margaritaville resort is planned and being developed byLon Tabatchnick. He told Hollywood commissioners that he could not meet the city’s April 10 deadline to work out a deal with investor Starwood Capital. The commissioners then approved Tabatchnick’s request for an extension in a 5-2 vote. The new deadline for the developer to take possession of […]
Lincoln Garage rooftop to get mini-golf course
Glenn Boyer plans to change the top deck of the Lincoln Garage into a miniature golf putting club. The Lincoln Road Putting Clubwill include a restaurant designed by Berenblum Busch Architecture, garden anda miniature golf course. Presently, the only family-friendly activities in the area are movies and bowling. This is projected to open in the […]