Kate Hinsche

1 day ago | therealdeal.com | Kate Hinsche |Adam Farence

Miami-Dade County’s condo sales and dollar volume dropped in the second week of May. Brokers closed 91 condo sales totaling $111.9 million from May 4 to May 11. The previous week, brokers closed 157 condo sales totaling $136.9 million. Last week’s units sold for an average of $1,230,121, higher than the $871,712 average price from the previous week. The average price per square foot rose to $660 from $568, according to data from Redfin.

5 days ago | therealdeal.com | Kate Hinsche

In the latest roundup of South Florida luxury real estate deals, Chinese billionaire Li Ge sold a waterfront mansion in Fort Lauderdale. Deals spanned Miami Beach to North Palm Beach, and ranged in price from $8.2 million to $12.3 million. Miami BeachIn Miami Beach, a businessman sold a waterfront house in Biscayne Point for $9.9 million. Records show Bispoint LLC, a Florida entity managed by Paul Mata, sold the house at 7980 Biscayne Point Circle to Jacqueline Fischer in an off-market deal.

6 days ago | therealdeal.com | Kate Hinsche

Digital marketing CEO Jeffrey Herzog and his wife, Jill Herzog, sold their Delray Beach mansion for $23.5 million in an off-market deal. The 13,900-square-foot mansion, at 9480 Bent Grass Court, was built in 2017 on 2.6 acres and includes seven bedrooms, nine bathrooms, two half-bathrooms, a pool and a tennis court. This sale is part of a trend of high-priced real estate sales in Delray Beach, including recent deals by billionaire Wayne Rothbaum and boxing icon Mike Tyson. See a mistake?

6 days ago | therealdeal.com | Kate Hinsche |Adam Farence

Broward County’s condo sales and dollar volume rose last week. Brokers closed 188 condo sales totaling $73.7 million from April 27 to May 4. The previous week, brokers closed 137 condo sales totaling $46.1 million. Last week’s units sold for an average of $391,807, higher than the $336,236 average price from the previous week. The average price per square foot rose to $300 from $272, according to data from Redfin. For the top 10 sales, prices ranged from $980,000 to $3.9 million.

1 week ago | therealdeal.com | Kate Hinsche

TrendingResidentialSouth FloridaSellers Lee and Ann Fensterstock bought 0.4-acre home for $4.7M in 2013Hellman Jordan Management founder Jerry Jordan Jr. and 259 Merrain Road (Hellman Jordan Management, Google Maps) Jerry Jordan Jr., founder of Hellman Jordan Management, purchased a second Palm Beach home for $15.2 million. The sellers were spec developer Lee Fensterstock and his wife, Ann Fensterstock, who bought the property in 2013 for $4.7 million.