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  • Bazbaz Development wants to build a 48-story apartment tower in Wynwood under the Live Local Act, marking the tallest project proposed for the Miami neighborhood.  The firm filed an application for a 544-unit project on a 1.5-acre assemblage at 2110, 2118 and 2134 North Miami Avenue, as well as 2101, 2129 and 2135 Northwest Miami […] The post Bazbaz proposes 48-story Wynwood project –– area’s tallest –– under Live Local Act appeared first on The Real Deal.

  • Tech founder Brian Long and New York Times executive producer Liz Day sold their waterfront Coral Gables mansion for $16.5 million, a loss compared to their purchase price in 2021. It’s the latest deal to signal the market has mellowed from its pandemic era frenzy. Records show Long and Day sold the house at 6901 […] The post Frenzy over? Tech founder, NYT journalist sell waterfront Coral Gables mansion at a loss for $17M appeared first on The Real Deal.

  • Robert Thorne of Urban Network Capital Group and Fernando de Nuñez y Lugones of Vertical Developments with renderings of Elle Residences Miami at 3618 Northeast Fifth Avenue (ELLE Residences Miami) Vertical Developments and Urban Network Capital Group are teaming up with Elle, the luxury fashion and media company, to brand a planned condo-hotel tower in Miami’s […] The post Developers launch Elle-branded condo tower in Miami’s Edgewater appeared first on The Real Deal.

  • As the season comes to a close in Palm Beach, the billionaire Hearst family sold a mansion on the island off-market for $25 million.  Records show the Venice Family Trust and Bellobella Family Trust, managed by attorney James D. Hanegan, sold the home at 250 Palmo Way to Robert S. Crespi.  Crespi is a hedge […] The post At Palm Beach season’s end, billionaire Hearst family sells mansion for $25M appeared first on The Real Deal.

  • “South Florida by the Numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. While Coral Gables has been a premier South Florida city for many decades, recent developments and phenomena have propelled “The City Beautiful” to new levels of prestige. Modern and upscale shopping, dining, recreation, and lodging […] The post South Florida by the numbers: Coral Gables  appeared first on The Real Deal.

  • The Spear Group is launching sales of 15 planned luxury single-family homes in Delray Beach, amid a surge of new development in the area.  The family-owned developer tapped Douglas Elliman’s Steven Solomon to lead sales for the Estates at Morikami Park Road, a press release shows. The project, at 6671 Morikami Park Road, will be […] The post Spear launches sales of Delray Beach luxury single-family homes appeared first on The Real Deal.

  • A jury found a Miami man guilty of using a fake Florida driver’s license to lease a luxury penthouse in Sunny Isles. He faces up to 10 years in prison.  Earlier this year, following an FBI investigation, Alfred Lenoris Davis was charged with the use of a counterfeit device, the ID, to gain access to […] The post Miami man convicted of using fake ID to rent luxury Sunny Isles penthouse appeared first on The Real Deal.

  • CGI Merchant Group faces a double whammy in Miami-Dade County, with both of its Gabriel-branded hotels headed to foreclosure auctions.  The two planned Uniform Commercial Code, or UCC, sales come as the South Florida real estate market is feeling the sting from elevated interest rates and skyrocketing insurance premiums.  Yet, CGI Merchant, a Coconut Grove-based […] The post CGI Merchant’s Gabriel hotels in Miami, South Beach head to UCC foreclosure sales appeared f...

  • Erickson Senior Living paid $53.5 million for a development site at the Agricultural Reserve, where it plans to build a large facility amid the firm’s nationwide expansion.  The Baltimore, Maryland-based firm bought the 92.5-acre tract at 8344 Boynton Beach Boulevard in unincorporated Palm Beach County from the William Mazzoni Revocable Trust, led by Patricia Mazzoni […] The post Erickson pays $54M for senior living dev site at Ag Reserve, amid nationwide expansion appeared ...

  • The priciest properties to enter into contract last week in Miami-Dade County included a condo on Fisher Island and a waterfront home on the Venetian Islands.  Unit 5311 at Bayview Fisher Island, asking $16.5 million, topped the Eklund-Gomes luxe signed contracts report, which tracks properties priced at $4 million and above. Jill Eber of The […] The post Fisher Island condo, tech CEO’s waterfront house top luxe signed contracts report appeared first on The Real Deal.