Thursday, January 5, 2023 / by Dave Magua
South Florida’s residential market may have slowed in 2022, but trophy mansions remained a hot commodity. From Larry Ellison to Ken Griffin, billionaires kept on buying in South Florida, setting records for single-family home and condo sales across Miami-Dade, Broward and Palm Beach counties.
The top 10 deals ranged from a princess’ $45 million sale of her waterfront Palm Beach home to the $173 million trade of a 16-acre compound in Manalapan, a wealthy enclave north of Delray Beach.
Properties in Palm Beach, where inventory remains tight and pricing high, dominated The Real Deal’s ranking, which is based on property records and the Multiple Listing Service. A select few agents also participated in most of the deals, including Lawrence Moens and Christian Angle.
These were the 10 priciest home sales recorded in South Florida this year:
Larry Ellison drops $173M on Manalapan estate
In June, Larry Ellison, the billionaire co-founder s ...
Tuesday, January 3, 2023 / by Dave Magua
The billionaire owner of the New England Patriots scored a penthouse in Palm Beach for $23.8 million, a town record for condo sales.
Robert Kraft and his wife, Dana, bought unit E4B at the oceanfront Leverett House building, at 110 Sunset Avenue, property records show. The estate of the late Erving and Joyce Wolf sold the penthouse. Erving, who died in 2018, was in the oil and gas industry, and his wife died in August of this year. The Wolfs were major art collectors, and endowed The Erving and Joyce Wolf Gallery at the Metropolitan Museum of Art in New York.
Kraft purchased the Palm Beach unit via the Delaware entity Leverett House PB LLC. The 5,000-square-foot unit has four bedrooms, five and half bathrooms, and a 1,300-square-foot terrace, according to the listing and property records. The building was constructed in 1982.
(Living Proof Photography for Corcoran)
Dana Koch and Paulette Koch of the Corcoran Group represented the seller. Christian Angle of Christian Angles ...