Real Estate News Enjoy South Florida and local real estate and homeowner news, listings, market and mortgage updates, renovation trends and celebrity home sales.
-
Miami City Commission approves $29 million sale of Watson Island siteby Tess Riski on December 11, 2025The proposal had garnered controversy among residents after an appraisal valued the land as high as $342 million under certain conditions.
-
Is a bayfront Watson Island lot worth $342M? Why Miami may sell it for just $29Mby Tess Riski,Andres Viglucci on December 10, 2025The developers “already control the land for very little money,” one expert said.
-
Hollywood historic board rejects design for Mikvah after heated meetingby Lauren Costantino on December 10, 2025The architect behind a proposed Jewish ritual bath facility in Hollywood was ordered Tuesday to redesign the project after the city’s Historic Preservation Board said its contemporary look didn’t fit the neighborhood’s historic character. The decision leaves the Mikvah — already approved by the city’s planning department — in limbo until at least February.
-
What to expect when you’re pregnant and trying to buy a new homeby Lew Sichelman on December 10, 2025“If you’re looking to buy, you’re not just competing with other buyer.”
-
The high cost of condo living in South Florida goes beyond the purchase priceby Tom Hudson on December 9, 2025See the review of fees for high-rise buildings.
-
A new Wharf, with hotel and clubs, will soon rise along the Miami Riverby Vinod Sreeharsha on December 8, 2025For fans of the informal hangout spot, much bigger plans are in the works.
-
Suit claiming Miami overcharged $76M in building permit fees stays aliveby Grethel Aguila on December 5, 2025Thousands of property owners could get money back, if the suit succeeds.
-
A private island in Florida just sold for $18 million. What’s coming?by Ryan Ballogg on December 5, 2025What to know about the transaction and future plans.
-
Two hotels are coming to a popular Florida outlet mall. Here’s what to expectby Carter Weinhofer on December 5, 2025Will that affect parking?
-
Does your condo tower have adequate emergency radio signals if there’s a fire?by Niurys Robaina on December 4, 2025What to know about the risks.
South Florida - The Real Deal Real Estate News
-
Raanan Katz’s RK expands retail portfolio in Broward with $36M buyby Francisco Alvarado on December 11, 2025Raanan Katz is back on the retail court with his $36 million purchase of a shopping center in Broward County. An affiliate of Katz’s Sunny Isles Beach-based RK Centers bought Riverbend Marketplace at 2510 to 2670 West Broward Boulevard in Fort Lauderdale, records show. Katz’s family run firm is a prolific investor in South Florida shopping centers, buying and selling properties that consistently trade at competitive prices. A former professional basketball player, Katz is also a minority owner of the Miami Heat. RK paid $391 a square foot for the 92,007-square-foot retail facility. That’s about $8.6 million above the previous This article originally appeared on The Real Deal. Click here to read the full story.
-
Moishe Mana relists waterfront Venetian Islands site for $25Mby Katherine Kallergis on December 11, 2025Developer Moishe Mana relisted a double lot on the Venetian Islands for $25 million, nearly three times what he paid to assemble the land a decade ago. Mana, who has major portfolios in downtown Miami, Wynwood and Allapattah, is again looking to sell the 0.6-acre property at 851 North Venetian Drive in Miami. The land is on Biscayne Island, the westernmost island on the Venetians. It’s on the market with the Corcoran Group’s Julian Johnston and Eric Kaufman. Companies tied to Mana paid $3.3 million for the first lot in 2013 and $5.2 million for the second property in 2016, This article originally appeared on The Real Deal. Click here to read the full story.
-
One Sotheby’s shoots for stars in relaunch of sports and entertainment divisionby Katherine Kallergis on December 11, 2025One Sotheby’s International Realty relaunched its sports and entertainment division. The Coconut Grove-based brokerage, led by Daniel and Mayi de la Vega, tapped Chris Anthony as managing director of the division, which is geared toward providing concierge services to athletes, celebrities and other high-profile clients, Anthony said. He is senior vice president of the firm’s northern division. De la Vega, president of One Sotheby’s, said Anthony brought him the idea to relaunch the division in a sustainable way. “These sports and entertainment divisions come to market, and they just kind of fizzle out,” de la Vega said. One Sotheby’s first This article originally appeared on The Real Deal. Click here to read the full story.
-
As retail rents rise, so does the cost of dining out in Miamiby Francisco Alvarado on December 10, 2025As South Florida has become one of the most-expensive places for dining out, and where food-and-beverage tenants pay close to $100 per square foot for prime spaces, more local restaurants made an annual ranking of the 100 top grossing dining establishments in the country. Fifteen South Florida restaurants are ranked in the 2025 Restaurant Business Top 100 Independents list. Mila, a pricey Mediterranean restaurant with a private members club in Miami Beach, claimed first place with $51.1 million in revenue this year, supplanting last year’s No. 1 restaurant, Joe’s Stone Crab, another South Florida dining institution. Mila occupies a 13,000-square-foot This article originally appeared on The Real Deal. Click here to read the full story.
-
Down for the count? Don King’s Magnolia Park site headed to auctionby Francisco Alvarado on December 10, 2025A lender is aiming to deliver a knockout blow against boxing promoter Don King over a distressed 52-acre redevelopment site in Palm Beach County. A foreclosure auction for the former jai alai fronton at 1415 45th Street in Mangonia Park is set for May 18 after Palm Beach County Circuit Court Judge Scott Kerner last month awarded a $42.5 million judgment in favor of an affiliate of Taylor Made Lending, a Pompano Beach-based hard money lender, court records show. King and Taylor Made Lending’s attorneys did not respond to requests for comment. Two entities managed by King that own the This article originally appeared on The Real Deal. Click here to read the full story.
-
Kolter, Perko near completion of controversial bulk condo buyout in Tequestaby Katherine Kallergis on December 10, 2025The Kolter Group and Perko Development Partners closed on the majority of condos at a Tequesta building where they plan to develop a taller project. Delray Beach-based Kolter and Jupiter-based Perko acquired 11 of 12 units at Beach Sound, at 19930 Beach Sound Road, according to property records and information from the real estate database Vizzda. The developers paid $25 million for the units, or about $2.3 million per condo. One remaining unit, owned by Edward and Karen Rado, is tied up in litigation. The Rados sued the condo association and the developers a year ago over the proposed buyout This article originally appeared on The Real Deal. Click here to read the full story.
-
Developers’ pick Eileen Higgins is Miami’s next mayorby Francisco Alvarado on December 10, 2025The real estate industry rallied around frontrunner Eileen Higgins in the Miami mayoral runoff, and it paid off. The ex-Miami-Dade County Commissioner defeated Emilio Gonzalez, a former city manager, by an 18-point margin on Tuesday. Higgins nabbed 59 percent of the vote compared to 41 percent for Gonzalez, who entered the runoff facing an uphill battle. In the Nov. 4 city election, Higgins took first place in a crowded field of 13 candidates with 36 percent of the vote, while Gonzalez won nearly 20 percent. Because no candidate reached more than 50 percent of the vote, it triggered Tuesday’s runoff. This article originally appeared on The Real Deal. Click here to read the full story.
-
Developer preps Florida City resi project with $8M-plus bondby Lidia Dinkova on December 10, 2025A residential project with 446 homes in Florida City will be partly financed through a Community Development District. Zamora Corporation proposed the Old Town Floridian CDD on the northeast corner of Southwest 336th Street and Southwest 192nd Avenue/Tower Road, according to Zamora’s filings to Miami-Dade County and the project’s website. The site, which is vacant and has an agricultural land-use designation, spans 77.1 acres. The master-planned Old Town Floridian would consist of 178 villas, 160 townhomes and 108 single-family homes, according to the filings. Site plans show the homes would surround the pair of existing lakes on the site. CDDs This article originally appeared on The Real Deal. Click here to read the full story.
-
Why spec home sales in Miami’s Biscayne Park are taking offby Katherine Kallergis on December 10, 2025Tech CEO Jody Glidden paid $4.8 million last month for a new home in Biscayne Park, a small town that’s sandwiched between Miami Shores and North Miami. Glidden, who is dating “The Real Housewives of Miami” cast member Lisa Hochstein, bought the tropical modern home after selling his waterfront Hibiscus Island home for $11.9 million last year. But he’s not planning to live in the house; instead, he said he will rent it out. And he’s looking for more properties in the village that he can purchase and redevelop, he told The Real Deal. His purchase in Biscayne Park marks This article originally appeared on The Real Deal. Click here to read the full story.
-
Palm Beach mansion sells for $30M after steep price cutsby Mary Diduch on December 9, 2025A Palm Beach mansion sold for $30 million and a third off the seller’s original asking price as home sales pick up. A trust sold 5 Via Sunny, which has eight bedrooms and two and a half bathrooms across a main house and a detached guest house, to 5 Via Sunny LLC. The trust and LLC are registered to law firms, masking their true owners. The mansion spans about 8,400 square feet and sits on a 1-acre lot. The price amounts to $3,571 per square foot. It has an elevator, pool and four-car garage. The main residence has six bedrooms, This article originally appeared on The Real Deal. Click here to read the full story.
