Retired radio legend Tom Joyner has sold his incredible beachfront villa located in the ultra-exclusive town of Golden Beach. The home, which is located on a four-block stretch at 469 Ocean Blvd. and was featured as an Architectural Digest cover story, sold for $19 million. Dina Goldentayer with Douglas Elliman represented both sides of the transaction.
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Electric Feel Entertainment Founder And CEO Austin Rosen Buys 6417 Pine Tree Drive Circle
Electric Feel Entertainment Founder Austin Rosen has purchased 6417 Pine Tree Drive Circle for $12.5 million after acquiring the neighboring 6401 Pine Tree Drive Circle also for $12.5 million last year. With the acquisition Rosen now has 185’ on the water and 37,135 SF of land. 6417 Pine Tree Drive Circle, Miami Beach, is a 6 bedroom, 7 bathroom house spanning 4,855 SF.
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DRA Advisors and CP Group Acquire Iconic Office Building 'Miami Tower' In Downtown Miami For $163.5 Million
DRA Advisors and CP Group have acquired Miami Tower, a 627,152-square-foot trophy office tower in Downtown Miami’s Central Business District for $163.5 million. Mike Davis, Dominic Montazemi, Mike McDonald, Miguel Alcivar, Rick Brugge, Rick Colon, and Adam Spies of Cushman & Wakefield represented the seller, USPO Miami, LLC, in the transaction.
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We Florida Financial Sells Fort Lauderdale Site to AutoNation for $11.8 Million
AutoNation has acquired a Fort Lauderdale site from We Florida Financial for $11.8 million. The 71,307 square foot property features prominent frontage on South Federal Highway in the heart of Fort Lauderdale. The property is located on 1300 S. Federal Highway plus 617 and 705 N.E. 14th St with maximum exposure to passing traffic.
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Prestige Imports CEO Brett David Closes On Biscayne Boulevard Site Expanding Prestige Campus In North Miami
Brett David, CEO of Prestige Imports, has acquired 15090 Biscayne Blvd in North Miami for $4,698,000. Formerly the Arch Creek Animal Clinic, the 24,102 SF property will be redeveloped and utilized to complete Prestige Imports’ nearly 10-acre campus on Biscayne Blvd in North Miami. Prestige Imports is one of North America’s leading factory authorized Lamborghini dealerships.
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MG Developer Acquires 33 Alhambra Circle In Downtown Coral Gable, Plans New Luxury Condominium Alhambra Parc
MG Developer, one of the most active developers in Coral Gables, has acquired a parcel of land at 33 Alhambra in Coral Gables’ Northside entrance and has announced plans to build a new mixed-use condominium community. Named Alhambra Parc, the project will feature with 33 luxury condominiums and retail on the ground floor. This acquisition was made in partnership with VYV.
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Pebb Capital and LeaseFlorida Sell Hampton By Hilton at The Continental in Miami Beach For $43.9 Million
Pebb Capital and LeaseFlorida have sold the Hampton by Hilton at The Continental in Miami Beach, Florida for $43.90 million. The sale closed on June 15 to a privately held LLC. The JV renovated the historic structure in 2016 for $25 million. This deal is a record for the Hampton flag, marking the second-highest price per key in the brand’s portfolio and is significant for the area.
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Pebb Capital And LeaseFlorida Sell Trophy Miami Beach CVS For $17.73 Million
Pebb Capital, in a partnership with LeaseFlorida, has sold a trophy retail condominium asset on Miami Beach for $17.73 million to California-based Cove Capital Investments. CVS Health (CVS), the largest national pharmacy health care provider and a publicly traded company, is the long-term tenant, which signed a 25.5-year lease in May 2021.
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Owner Of The Versace Mansion Acquires 1930's Era Miami Beach Boutique Hotel For $6 Million
The Nakash family, owner of several Art Deco hotels and South Beach’s former Versace Mansion, has acquired a 1930’s era boutique hotel located at 1350 Collins Ave. in Miami Beach. Renowned architect Wallace Tutt, who designed the Versace Mansion a few blocks away, also designed the building’s three villas.
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Merrick Manor Sells Out Commercial Spaces With Sales Of Prime Ground-Floor Retail Suite
Merrick Manor continues to generate strong interest from investors seeking Class A commercial real estate in Coral Gables. The luxury mixed-use building developed by the Henry Torres-led Astor Companies, has sold out the commercial spaces following the $5.44 million sale of several retail condominiums, including two units occupied by popular fitness studio Sweat 440.
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