Waterfront spec mansion in Miami Beach sells for $16.5M (Photos)
A waterfront spec mansion on Miami Beach traded for $16.5 million. The 12,078-square-foot home was sold by 3114 North Bay Road LLC, managed by luxury home developer Felix Cohen, to Eric James Dalius and Kimberly Ann Dalius. The price equated to $1,366 a square foot. The seller was represented by Julian Cohen and Jacques Cohen of Compass. “The home's design blurs the line between indoor and outdoor living and renders the perfect blend of nature, modernity and privacy on the open Bay, while staying…
The great American single-family home problem
Building more housing, more densely, could help address a widespread economic challenge. A fight over one particular lot shows how tough that could be.
Crisis in reverse mortgages? Some say yes
Foreclosures in reverse mortgages climbed to more than 3,600 a month last year, up from less than 500 a month in prior years, according to government data analyzed by nonprofit groups.
Risky business: When will the threat of natural disaster hit property prices?
Some of the most expensive cities are high-risk, but the economics of housing there still stack up — for now.
Developer Don Peebles puts $12.9M price tag on South Florida mansion (Photos)
Developer Don Peebles has listed his Coral Gables mansion for $12.9 million. The chairman and CEO of New York-based Peebles Corp. has been a major real estate developer in major U.S. cities for decades. In Miami Beach, he is best known for the renovations of the Royal Palm hotel, the development of the Residences at the Bath Club, and the Lincoln office building. Peebles has listed the 15,795-square-foot mansion at 11501 Old Cutler Road for sale with Lourdes Alatriste of Engel & Völkers Miami.…
A year from completion, Dr. Kiran Patel’s palatial Tampa estate takes shape (Photos)
The general contractor at Surya Estates gets a lot of questions about what, exactly, his company is building at the intersection of North Dale Mabry Highway and Busch Boulevard, where the tops of pink sandstone domes rise above the surrounding suburbia: Is it a resort? A hotel? A church? When Rajesh Patel, principal of Synergy Build and Cast LLC, explains that the palatial structure underway in the heart of Carrollwood is actually a residence, people's “eyes bloom out of their heads.” Surya…
How a St. Pete tech startup is helping Realtors generate more sales leads
The local company has struck deals that expand its reach in the residential real estate market and provide additional funding.
Miami Heat player pays $7.4 million for Florida home
The team gave Waiters a $52 million contract this summer.