Nine single-family homes are on the market in South Florida asking $100 million or more.
As the tri-county region’s busy season for real estate sales ramps up, sellers in the upper echelons of the market are looking to capitalize on demand for large, waterfront estates in prime neighborhoods. In the last week, three estates asking $185 million or more made their debut.
Sellers are seeking unprecedented prices for sprawling compounds that include amenities like shooting ranges, bowling alleys, jazz lounges, theaters, spas, gyms and massive garages for storing and displaying car collections.
Nine-digit asking prices range as high as $285 million for these homes, some of which are teardowns or incomplete construction projects. While South Florida has repeatedly shattered price records since the pandemic catalyzed a luxury real estate boom, billionaire Oracle co-founder Larry Ellison holds the region’s price record: his $173 million purchase of a 16-acre Manalapan estate in 2022. The billionaire DeGroote family set the Florida state record this year, when they sold their waterfront Naples estate for $225 million in April.
Here’s a look at the nine South Florida trophy properties asking $100 million or more this season:
$285M | 1960 South Ocean Boulevard, Manalapan | Seller: Stewart Satter
Stewart Satter, the former mayor of Manalapan and a spec developer, is asking $285 million for this 4-acre compound that spans from the ocean to the Intracoastal Waterway. It is next door to Ellison’s $173 million compound, and Satter bought the site for $27.5 million last year.
He is planning a nearly 55,000-square-foot estate with a shooting range, bowling alley, car museum, boat house, guest house, beach house, theater golf simulator, padel court, gym and spa, the listing shows. The main house will have eight bedrooms, nine bathrooms, seven half-bathrooms and two kitchens.
Satter tapped Choeff Levy Fischman to design the compound, Robert Burrage of RWB Construction Management as the contractor, and Mark Tremblay of Marc-Michaels Interior Design for the interiors. Nick Malinosky with Douglas Elliman’s Exclusive Group has the listing.
$205M | 1491 North Ocean Boulevard, Palm Beach | Seller: Estate of Frank and Maureen Wilkens
New to the market is the 4.8-acre oceanfront Palm Beach estate of the late Frank and Maureen Wilkens, asking $205 million. Once owned by Aldo Gucci, the couple bought the property for $14 million in 2002 and completed construction in 2005. The 14,500-square-foot main house has six bedrooms, six bathrooms and one half-bathroom. The estate also includes a two-bedroom guest house with two and a half bathrooms, a pool house, two pools and 230 feet of beachfront.
Christian Angle with Christian Angle Real Estate has the listing, which is the most expensive on-market listing in Palm Beach so far this season.
$200M | 7 Indian Creek Island Road, Indian Creek | Seller: Dr. Aaron and Marine Rollins
The most expensive listing in Miami-Dade County is Dr. Aaron and Marine Rollins’ incomplete 28,000-square-foot Indian Creek mansion. The couple bought the property for $30 million in 2020 and tapped Ontario-based Ferris Rafauli to design the estate, which will include nine bedrooms, 11 bathrooms, four half-bathrooms, spa facilities, a salon, theater, library, jazz lounge and a 1,500-gallon aquarium when it is finished. The property will also include a pool, a 135-foot dock and 200 feet of waterfront.
They listed the waterfront 1.8-acre compound, asking $200 million, earlier this week with Jill, Danny and Hillary Hertzberg of the Jills Zeder Group at Coldwell Banker Realty.
$200M | 1980 South Ocean Boulevard, Palm Beach | Seller: Nathan Silverstein
Nathan Silverstein, a real estate investor and lawyer, has owned these 2.3 undeveloped acres since 1966. He first listed the land for sale in 2022, asking $150 million. Since then, he tapped New York-based architecture firm Fairfax & Sammons to design a 20,000-square-foot mansion and secured approval from Palm Beach’s Architectural Review Commission, a move agents say makes vacant land more appealing to buyers.
Shelley Newman with the Corcoran Group has the listing, which returned to the market in February asking $200 million.
$185M | 911 North Ocean Boulevard, Manalapan | Seller: Estate of Joan and Murray Goodman
The longtime oceanfront home of late real estate developer Murray Goodman and his wife, Joanie Goodman, hit the market earlier this month as a teardown, asking $185 million. Records show the Goodmans bought the 2.2-acre property for $350,000 in 1974. They completed the three-structure compound in 1976. It totals 12 bedrooms, 16 bathrooms, four half-bathrooms, a pool and a tennis court, records and the listing show. It also has 250 feet of beachfront.
The Goodmans’ daughter, Illustrated Properties agent Marley Overman, and Serhant’s Gary Pohrer have the listing.
$169M | 5940 North Bay Road, Miami Beach | Seller: Todd Glaser and Posner Group
Spec developer Todd Glaser and his partners, Sean and Jarrett Posner, bought this 2.3-acre waterfront estate for $105 million in July. The partners are tearing down the existing 19,000-square-foot mansion and have relisted the land for $169 million. If no interested buyer emerges for the lot, the partners have hired Domo Architecture + Design to design a 35,000-square-foot mansion that will be priced at $300 million. It will include a movie theater, spa facilities, a fitness center, pickleball and paddle courts, two pools and a 27-car underground garage.
It has 290 feet of waterfront, and Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty has the listing.
$150M | 1370 South Ocean Boulevard, Manalapan | Seller: Chris Rokos
Chris Rokos, the billionaire founder of London-based Rokos Capital Management, is asking $150 million for his 2.8-acre ocean-to-Intracoastal Manalapan estate. He has a net worth of $2.3 billion, according to Forbes. Records show he bought the compound for $40 million in 2017. The 18,400-square-foot mansion was built in 1972 and renovated in 2015. It includes nine bedrooms, 11 bathrooms, five half-bathrooms, fitness and spa facilities, a billiard room, game room, theater and a 10-car garage with a club room, according to records and the listing.
Marc-Michaels Interior Design handled the interiors, and it is being marketed fully furnished by listing agent Jack Elkins with William Raveis Real Estate.
$134M | 820 South Ocean Boulevard, Manalapan | Seller: Randal J. Kirk
Randal J. Kirk, the billionaire founder of West Palm Beach-based venture firm Third Security, is asking $134 million for his oceanfront Manalapan estate. Records show he bought the 2.3-acre compound for $25.5 million in 2011. It was built in 2007, and has a 15,500-square-foot main house and a 4,800-square-foot guest house, with a total of nine bedrooms, 16 bathrooms, two pools, a tennis court and a six-car garage, according to records and the listing. It also has 215 feet of oceanfront and a dock.
Kirk, who has a net worth of $1.6 billion according to Forbes, tapped Margit Brandt with Premier Estate Properties to list the estate in September.
$115M | 3585 Anchorage Way, Miami | Seller: Estate of Jonathan Lewis
The estate of Progressive Insurance heir Jonathan Lewis listed Banyan Ridge, the late Lewis’ 4.5-acre waterfront Coconut Grove estate, for $115 million. Lewis died after a battle with brain cancer in 2023. The compound has eight structures, totaling 13 bedrooms, 15 bathrooms, three half-bathrooms and a boat house, the listing shows. The property also includes pools, a dock, waterfalls, koi ponds and a tropical garden by landscape architect Raymond Jungles.
It first listed last year for $135 million, and relisted with a $20 million price cut to $115 million this month, Zillow shows. Danny Hertzberg and Nathan Zeder with the Jills Zeder Group at Coldwell Banker Realty have the listing.