The Riviera Beach Community Redevelopment Agency will negotiate the sale of 2.2 acres near the waterfront to Peter Baytarian’s Forest Development to build a mixed-use project. Riviera Beach council members, sitting as the city’s CRA’s board of commissioners, approved the deal with North Palm Beach-based Forest Development by a vote of 3 to 2 Wednesday … Read more
Billionaire Jeffrey Soffer’s plan for a water park at his Fontainebleau Miami Beach resort could splash into approval — or denial — by a key city board next week. The Miami Beach Historic Preservation Board is set to vote on Tuesday on the planned redevelopment of the 1,504-room oceanfront hotel’s outdoor pool area. The waterpark … Read more
An oceanfront estate in Palm Beach just hit the market for $205 million, making it the island’s most expensive trophy listing so far this season. Christian Angle with Christian Angle Real Estate has the listing for the 14,500-square-foot mansion at 1491 North Ocean Boulevard in Palm Beach, according to a press release. It was the … Read more
Abacus Capital broke ground on its Palm Beach Gardens apartment project after nabbing a $77.5 million construction loan. Affiliates of Beverly Hills, California-based Kennedy Wilson and Toronto-based Fairfax Financial provided the financing for Arbor House, a planned 13-story building with 302 units and an eight-story garage with 480 parking spaces at 3701 Catalfumo Way South, … Read more
Gatsby Florida is anticipating an influx of New York office tenants for its planned mixed-use project in Palm Beach Gardens in the wake of Zohran Mamdani’s mayoral victory. Miami-based Gatsby, led by co-founder Babak Ebrahimzadeh, finalized construction plans for The Modern at Palm Beach Gardens, a 220,000-square-foot building and an adjacent six-level parking garage with … Read more
A newly constructed house in Boca Raton’s most expensive residential neighborhood topped signed contracts for luxury homes in Palm Beach County. Buyers signed 10 contracts between Nov. 3 and Nov. 9 for luxury properties in Palm Beach County, according to a report from Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total … Read more
A spectacular legacy compound in Palm Beach, FL, has listed for the first time since it was built in 1976—with the astronomical asking price of $185 million, offering what the listing describes as a “once-in-a-generation opportunity” to own one of the area’s most extraordinary legacy estates. That sky-high ask has propelled the dwelling to the … Read more
Dotted along Pebble Beach’s legendary 17-Mile Drive are a handful of extraordinary homes that all boast spectacular ocean vistas. Yet few can claim to top the views enjoyed by the residents of one newly listed mansion, which overlooks not just the water—but one of California’s most iconic golf courses. The Spanish-style property, which is on … Read more
West Shore bought a 542-unit apartment complex in Palm Beach Gardens for $117.9 million, marking a continuing uptick of multifamily investment sales in South Florida. Boston-based West Shore bought the Palm Beach Gardens Apartments at 4120 Union Square Boulevard from Aventura-based Advenir, according to records and real estate database Vizzda. The buyer borrowed a $550 … Read more
Abraham Bergman, Opal Realty NY and The Scharf Group are planning a mixed-use project in Miami Beach, after buying a development site for $15.5 million. The joint venture acquired two parcels at 7410 Collins Avenue and 7400 Harding Avenue in the city’s North Beach neighborhood, near the planned Ocean Terrace development by Witkoff, Alex Blavatnik … Read more