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Real Estate News Enjoy South Florida and local real estate and homeowner news, listings, market and mortgage updates, renovation trends and celebrity home sales.
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Former Starbucks CEO is the latest West Coast billionaire to move to Miami areaby Catherine Odom on March 11, 2026
Howard Schultz announced that he and his wife have moved to South Florida. The couple reportedly bought a $44 million penthouse in Surfside.
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Pitbull’s plan to replace his old home with music office gets OK. See next stepsby Catherine Odom on March 10, 2026
The proposed eight-story office building would rise on the site of a single-family home where the rapper spent some of his childhood.
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Pitbull’s childhood home in Miami may be demolished for his music headquartersby Catherine Odom,Madeleine Marr on March 6, 2026
The project will go before the city of Miami’s Wynwood Development Review Committee next week.
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What are the biggest design flaws in new homes? Here’s how to deal with themby Lew Sichelman on March 5, 2026
What to know about doors and outlets and other basics.
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Can affordable housing be built on ‘throwaway’ lots? Miami developer shows a wayby Andres Viglucci on March 5, 2026
The national housing-affordability crisis has now spawned a movement to restore a middle scale of development.
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Zuckerberg buys ‘Billionaire Bunker’ home for $170M. See what it looks likeby Catherine Odom on March 4, 2026
The partially completed nine-bedroom mansion in Indian Creek is the most expensive sale in Miami-Dade County to date.
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A new Uptown village is taking shape in Fort Lauderdale. See what’s comingby Amanda Rosa on March 3, 2026
What to know about the community, which is close to employment areas and transportation.
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Need the scoop on a Miami condo? Here’s where to go for a rundownby Catherine Odom on March 2, 2026
“There’s a lack of information around condo buildings beyond just, ‘How nice is the pool? And are the units big?’”
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Community associations popular with homeowners despite proposed law | Opinionby Michael Toback on February 27, 2026
What to know about the issues and possible changes.
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Architects say controversial mixed-use project in Coral Gables can move forwardby Michelle Marchante,Catherine Odom on January 14, 2026
The decision of the special masters is final and can only be overturned or changed by the City Commission.
South Florida - The Real Deal Real Estate News
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Related Ross wins height permit for mixed-use Wellington developmentby Erik Bojnansky on March 11, 2026
Related Ross got the greenlight to build seven stories high on former farmland in Wellington. Billionaire Steve Ross’ firm received approval from the Wellington Village Council to build an 86-foot-tall extended stay hotel, a 47-foot-tall lakeside restaurant facility, and a pair of 42-foot-tall commercial buildings at 10400 Stribling Way, Tuesday night. Village officials already rezoned the former farmland for up to 210,000 square feet of retail, 105,000 square feet of restaurant space, a 180-room hotel, 75,000 square feet of office and 215 residential units as well as a 405,000-square-foot private school called Wingrove Academy for 1,750 students. However, Wellington requires a This article originally appeared on The Real Deal. Click here to read the full story.
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Clinic mogul Jorge Acevedo picks up Hialeah apartments for $21Mby Francisco Alvarado on March 11, 2026
A medical clinic entrepreneur is jumping into South Florida’s multifamily arena after acquiring a Hialeah apartment building for $21.2 million. An entity managed by Jorge Acevedo, founder of Miami-based La Colonia Medical Centers, acquired Regency Club Apartments at 1350 West 46th Street, records and real estate database Vizzda show. The buyer financed the purchase with a $10.6 million loan from City National Bank of Florida. Acevedo’s entity paid $286,500 per unit for the 74-unit building completed in 1972. The seller, Royal Income Properties, managed by Nilo Meilan in Miami Lakes, paid $4.1 million for the 1.8-acre rental property in 2002, This article originally appeared on The Real Deal. Click here to read the full story.
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Financier buys Palm Beach estate in Mar-a-Lago Security Zone for $36Mby Kate Hinsche on March 11, 2026
Financier Mark Marcello dropped $36 million on a Palm Beach estate in the Mar-a-Lago Security Zone. Records show his 150 Clarendon Avenue LLC, a Florida entity, bought the mansion at 160 Clarendon Avenue from John and Marilyn Breyo. Lawrence Moens of Lawrence A. Moens Associates represented both sides of the deal. Marcello is a longtime West Palm Beach resident and a partner in his father’s Windsor Capital Partners investment firm. In 2007, he bought his waterfront home at 5009 South Flagler Drive for $1.8 million, records show. John Breyo was a longtime executive at Ayco Corporation, a personal financial counseling This article originally appeared on The Real Deal. Click here to read the full story.
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Philip Freedman returns to Compass to lead sales of the Raleighby Katherine Kallergis on March 11, 2026
Philip Freedman is back at Compass to lead sales and marketing of the Raleigh Rosewood Residences in Miami Beach, The Real Deal has learned. Freedman, who focuses on new development condo sales, left Douglas Elliman after seven years with the brokerage. He’s now senior managing director of sales for the Raleigh development. New York-based Nahla Capital took over ownership of the 3-acre oceanfront project in October for $270 million, and in February hired Compass. The sales team includes Miltiadis Kastanis, Pablo Alfaro, Liz Hogan, Ivan Chorney and Michael Martirena. Kastanis and Alfaro left Elliman last year. Developer Michael Shvo and This article originally appeared on The Real Deal. Click here to read the full story.
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Boucher, Major Food Group seek design approval for reimagined Nikki Beach siteby Francisco Alvarado on March 11, 2026
Major Food Group and Boucher Brothers are pressing ahead with plans to redevelop a Miami Beach entertainment venue on city-owned land even as the current operator is still fighting to hold onto its ground lease. The joint venture will go before the Miami Beach Design Review Board Thursday, seeking the green light for a complete reconstruction of Nikki Beach, a waterfront restaurant and club at 1 Ocean Drive. Three years ago, the Miami Beach City Commission awarded a new concessions agreement for the 3.6-acre site to Miami Beach-based Boucher, led by Steven Boucher, and New York-based Major Food Group, led This article originally appeared on The Real Deal. Click here to read the full story.
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Starbucks billionaire Howard Schultz pays $44M for Surf Club penthouseby TRD Staff on March 11, 2026
Ex-Starbucks CEO Howard Schultz paid $44 million for a penthouse at the Four Seasons Residences at the Surf Club, marking the latest billionaire to move to South Florida. Schultz announced his move from Seattle on LinkedIn. He and his wife, Sheri Kersch Schultz, “moved to Miami for our next adventure together,” he said. The Wall Street Journal first reported the deal. The couple bought penthouse 6 in the north tower at the luxury condo and hotel development, at 9111 Collins Avenue in Surfside. The 5,500-square-foot, four-bedroom and seven-bathroom condo has a 4,100-square-foot rooftop terrace, according to the listing. It was This article originally appeared on The Real Deal. Click here to read the full story.
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Denied: Terra, Frisbie’s One Boca megaproject rejected in landslide voteby Kate Hinsche on March 11, 2026
Boca Raton’s voters rejected Terra and Frisbie Group’s proposal to redevelop its government campus in a landslide victory for the city’s homegrown NIMBY movement. The city first awarded the developers the bid to redevelop the site in February of last year, but a groundswell of opposition led by Jon Pearlman’s Save Boca organization pressured the developers and city council to send the project to a referendum. Of the 18,931 votes counted, 74.5 percent were against the One Boca. Pearlman, who launched a bid for Boca Raton City Council’s seat B against incumbent Marc Widger, won his race with 52.9 percent This article originally appeared on The Real Deal. Click here to read the full story.
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Chetrits lose Tides Hotel in Miami Beach after five-year legal battle with lenderby Lidia Dinkova on March 11, 2026
Affiliates of embattled real estate duo Joseph and Meyer Chetrit lost the Tides Hotel in Miami Beach to their lender in a foreclosure auction. It marks the latest in a protracted legal battle between the Chetrits and their lender, affiliate of Miami-based Safe Harbor Equity, led by Rafael Serrano, over a $45 million mortgage on the property originally borrowed in 2014. Safe Harbor took title of the hotel and adjacent lots through a credit bid in the foreclosure auction Monday, Miami-Dade County records show. The foreclosure auction came after Miami-Dade Circuit Judge Thomas Rebull issued a $95.6 million final judgment This article originally appeared on The Real Deal. Click here to read the full story.
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South Florida’s top deals: $36M home sale in Palm Beachby Matthew Elo on March 11, 2026
🏆 Residential: The most expensive trade in Palm Beach was $36 million for an 8,900-square-foot home at 160 Clarendon Avenue. The property was originally listed in August of 2022 for $55 million and was off and on the market until its recent closing. Lawrence Moens represented both sides of the transaction. 🏆 Commercial: The most-expensive commercial trade was $16.5 million for a 35,400-square-foot, 49-unit apartment complex at 620 Northwest 7th Avenue in Pompano Beach. The complex last sold for $2.7 million in August of 2001. 📊 Residential: The second-most expensive residential trade was $21 million for a 11,500-square-foot home at This article originally appeared on The Real Deal. Click here to read the full story.
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Laura Tauber sues Spanish developer alleging he sidelined her from major Live Local Act projectby Lidia Dinkova on March 10, 2026
The partnership behind The HueHub, South Florida’s most ambitious Live Local Act project, has devolved into litigation, with Laura Tauber accusing Pablo Castro of cutting her out of the landmark West Little River development, The Real Deal has learned. Tauber, a longtime South Florida developer and investor, sued Castro, a Spanish developer and newcomer to South Florida real estate, alleging he froze her out of the project, reneging on his promises to share profits with her as a partner. Tauber sued Castro, as well as entities The HueHub and Digital Housing Platform, both managed by Castro, in Miami-Dade Circuit Court. This article originally appeared on The Real Deal. Click here to read the full story.
