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.
Category Archives: Luxury property
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 […]
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 […]
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 […]
Coral Gables home sells at discount to hotel developer KarimAlibhai
A magnificent seaside estate in Coral Gables has been sold for $11.5 million to KarimAlibhai of GencomGrou. This makes it the most expensive single-family home sale in the Miami-Dade Countyyear-to-date. Alibhai may have gotten quite a discount although the sale includes a big amount. The former owners spent around $17 million building the home. They […]
DACRA kicks off building in the Design District
DACRA appears to move forward on its demolition and construction project. The Craig Robins-led developer is planning to bring as many as 50 luxury brands to the Design District with new shopping centers. They are also considering to add residential and hospitality components to the project.
One Thousand Ocean closes $8.7M penthouse deal
An international buyer known as “the Beach” had purchased one of One Thousand Ocean penthouses for $8.7 million or almost $1,540 per sq. ft. This is indeed the highest per square-foot rate in the building. The penthouse features a private elevator lobby, separate glass-enclosed bonus room, floor-to-ceiling windows, private three-car garage, and a private pool-deck […]