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Former Site of Al Capone's Historic Palm Island Estate Sells For $21 Million

August 31, 2026

The former site of Al Capone’s longtime Miami Beach estate has traded for $21 million, marking the latest chapter for one of the city’s most historically recognizable residential properties. Located at 93 Palm Avenue on Palm Island, the now-vacant waterfront property features 100 feet of frontage on Biscayne Bay. The site was previously home to the sprawling estate once owned by the notorious Prohibition-era crime boss before the residence was demolished in 2023.

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In Celebrity Real Estate, Development, Development News, Development Sites, Luxury Real Estate, Luxury Homes, Miami Beach, News, News & Features, Residential Tags News & Features, News, Development Sites, Development News, Development, Residential, Luxury Real Estate, Luxury Homes, Featured, Palm Island, 93 Palm, Al Capone, Celebrity Real Estate, Celebrity Homes, Jordan Karp, Jordan Karp LLC, Joel Lusky, The Brokerage South Florida Real Estate, Mirce Curkoski, Albert Justo, ONE Sotheby’s International Realty, ONE Sotheby's International Realty, Miami Beach
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Private Island in the Florida Keys With Helipad and Solar Power Lists For $16 Million

August 26, 2026

Positioned just off the coast of Marathon, East Sister Rock Island is a rare private sanctuary wrapped in vibrant turquoise waters—accessible by boat or via a private, on-island helipad has hit the market for $16 million. A once in a generation opportunity to own a legacy property, the island spans approximately 6.5 total acres—including 5.8 acres of private surrounding seabed– offering an extraordinary aquatic playground.

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In Florida Keys, Luxury Homes, Luxury Real Estate, Marathon, News, News & Features, Residential Tags News & Features, News, Residential, Luxury Homes, Luxury Real Estate, Marathon, Florida Keys, East Sister Rock Island, 1 East Sister Rock Island, Vladimir Rochebrun, Aaron Rosenthal, The Chad Carroll Group, Compass, 99 E Ocean Drive
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Sabal Development Sells Contemporary Coconut Grove Estate For $22.5 Million

August 20, 2026

Sabal Development, the Miami-based luxury residential developer, has sold a custom contemporary estate at 4040 Kiaora St. in Miami’s historic Coconut Grove neighborhood for $22.5 million. The residence was designed and built by the firm’s construction arm, Sabal Luxury Builder. Lourdes Alatriste served as the listing agent for the sale.

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In Coconut Grove, Development, Development News, Luxury Homes, Luxury Real Estate, News, News & Features, Residential, Spec Home Tags Sabal Development, News & Features, News, Development, Development News, Spec Home, Luxury Homes, Luxury Real Estate, Residential, Pascal Nicolai, 4040 Kiaora St., 4040 Kiaora Street, Sabal Luxury Builder, Vitaliya Alkhovik, Interiors.Vita, Coconut Grove, Featured
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Waterfront Estate on Hibiscus Island Sells For $51.5 Million Setting New Record on Miami Beach's Palm and Hibiscus Island

August 17, 2026

A waterfront estate at 270 S. Hibiscus Drive has sold for $51.5 million, setting new records for both sale price and price per square foot on Miami Beach's guard-gated Hibiscus and Palm Islands. The transaction surpassed the previous record sale of approximately $40 million, despite that property encompassing a larger residence on a larger lot.

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In Development, Development News, Luxury Homes, Luxury Real Estate, Miami Beach, News, News & Features, Residential, South Beach, Spec Home Tags 270 South Hibiscus Drive, 270 S Hibiscus Drive, Hibiscus Island, News & Features, News, Featured, Luxury Real Estate, Luxury Homes, Residential, Miami Beach, South Beach, Denis Smykalov, Wolsen Real Estate, Luis Bosch, Luis Bosch Luxury Homes, SAOTA, Stefan Antoni Olmesdahl Truen Architects, ARRCC Interiors Group, Raymond Jungles, Bon Vivant Custom Woodworking, Development News, Development, Spec Home, Dora Puig, Luxe Living Realty, Jordan Karp, Jordan Karp LLC
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Bruce Springsteen Drummer Max Weinberg Sells Rare Intracoastal Waterfront Land Assemblage in Ocean Ridge For $13 Million

August 12, 2026

Legendary Bruce Springsteen E Street Band drummer Max Weinberg has sold one of the largest remaining residential land assemblages on the Intracoastal in Ocean Ridge. Nick Malinosky and Michael O'Connor of The Exclusive Group at Douglas Elliman represented both the seller and buyer in the $13,000,000 transaction and declined to comment on the sale.

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In Celebrity Real Estate, Luxury Homes, Luxury Real Estate, News, News & Features, Ocean Ridge, Residential Tags Celebrity Real Estate, Celebrity Homes, Luxury Real Estate, Luxury Homes, News & Features, News, Residential, Bruce Springsteen E Street Band, Max Weinberg, Ocean Ridge, Nick Malinosky, Michael O'Connor, The Exclusive Group, Douglas Elliman, 7 Sabal Island Drive, 9 Sabal Island Drive, Featured
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Retired Tech CEO Lists Rolls Royce-Inspired Mega Mansion 'Villa Spectre' For $65 Million in Delray Beach's Stone Creek Ranch

August 7, 2026

A Rolls Royce-inspired mega mansion in Delray Beach’s exclusive billionaire’s haven, Stone Creek Ranch, has hit the market for $65 million. Listed by retired tech CEO Barry Smith, Villa Spectre, located within the ultra-exclusive, guard gated community of Stone Creek Ranch, is one of the most architecturally significant homes currently available in South Florida.

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In Delray Beach, Luxury Homes, Luxury Real Estate, News, News & Features, Residential Tags News & Features, News, Residential, Luxury Real Estate, Luxury Homes, Featured, Villa Spectre, Aldo Stark, Douglas Elliman, Senada Adzem, Stone Creek Ranch, Delray Beach, Barry Smith, Prestige Design Homes, 16161 Quiet Vista Circle
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The St. Regis Residences, Miami Passes 80% Sold As Penthouse Goes Under Contract For $47 Million

August 3, 2026

A penthouse at The St. Regis Residences, Miami is under contract for $47 million, marking one of the largest and highest-priced condominium transactions in Brickell's history and highlighting continued demand for ultra-luxury residences in Miami's urban core. The buyer, a New York family relocating to South Florida, has placed the two-story Charles Penthouse under contract at the waterfront development in South Brickell.

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In Branded Residences, Brickell, Development, Development News, Development Sales, Luxury Real Estate, News, News & Features, Residential, Luxury Homes Tags News & Features, News, Development News, Development, Development Sales, Residential, Related Group, Integra Investments, Robert A.M. Stern Architects, Robert A.M. Stern, Rockwell Group, 1809 Brickell Ave., The St. Regis Residences Miami, St. Regis, Luxury Real Estate, Brickell, Featured, Penthouse, Luxury Homes
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Wellness and Longevity-Inspired Crown Jewel Penthouse at Rivage Bal Harbour Revealed For $75 Million

July 31, 2026

A new, and final, oceanfront estate-style penthouse is up for grabs for $75 million at Rivage Bal Harbour, a 25-story, 56-residence tower developed by Related Group, Rockpoint, and Two Roads Development. A standout feature is its dedicated "Longevity Suite"— an in-home wellness wing anchored by an “Ammortal Chamber” and hyperbaric chamber, alongside a sauna, steam room, circadian lighting throughout the residence, advanced air and water purification systems, sleep-optimized bedrooms and more.

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In Bal Harbour, Development, Development News, Development Sales, News, News & Features, Luxury Homes, Luxury Real Estate, Residential Tags News & Features, News, Related Group, Rockpoint Group, Two Roads Development, Development News, Development, Construction News, Bal Harbour, Residential, Luxury Real Estate, Rivage Bal Harbour, Development Sales, Luxury Homes, Penthouse, Skidmore Owings & Merrill, SOM, Rottet Studio, Douglas Elliman, Douglas Elliman Development Marketing, Featured
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Waterfront Estate In Bal Harbour Trades For $43 Million In Off-Market Transaction

July 27, 2026

A waterfront estate in Bal Harbour has traded for $42,973,750 in an off-market transaction, marking a record for the priciest sale in Bal Harbour this year. Located at 56 Bal Bay Drive, the newly completed waterfront estate offers 7 bedrooms, 8 full baths and one-half bath across 10,801 square feet of interiors on a sprawling 21,225 SF lot with 100 feet of prime water frontage.

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In Bal Harbour, Development, Development News, Luxury Homes, Luxury Real Estate, News, News & Features, Residential, Spec Home Tags News & Features, News, Development News, Development, Residential, Luxury Homes, Luxury Real Estate, Bal Harbour, Spec Home, Saber South Real Estate, Saber Real Estate, Michael G. Klinger, Michael Klinger, Michelle Klinger, Dina Goldentayer, Douglas Elliman, Joel Lusky, The Brokerage South Florida Real Estate, Off-Market, Featured
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NBA All-Star Tyler Herro Lists His Pinecrest Estate For $11.999 Million Upon Trade From the Miami Heat

July 20, 2026

NBA All-Star Tyler Herro has listed his contemporary Pinecrest estate for $11.999 million, offering one of the village's most distinctive luxury residences as the Miami Heat guard begins a new chapter following his trade from the franchise.

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In Celebrity Real Estate, Celebrity, Luxury Homes, Luxury Real Estate, News, News & Features, Pinecrest/ Kendall, Residential Tags News & Features, News, Celebrity Real Estate, Celebrity Homes, Tyler Herro, NBA Homes, Pinecrest, Luxury Homes, Luxury Real Estate, Residential, Miami Heat, Lourdes Alatriste, Douglas Elliman, George Sarkis, The Sarkis Team, Featured
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Coconut Grove Boutique Condo 'The Lincoln' Locks Down $58 Million Construction Loan 9.jpg
September 11, 2026
The Lincoln Coconut Grove Locks Down $58 Million Construction Loan
September 11, 2026

The Lincoln Coconut Grove has locked down a $58 million construction loan for the luxury boutique condominium with 48 spacious residences in the heart of Coconut Grove, Florida. The project has begun construction and is scheduled to be completed by Q3 2028. Berkadia arranged the 30-month construction loan, which includes two six-month extension options, and was provided by SME Capital.

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Inter Miami CF and Pura Vida Miami Renew Partnership and Launch Exclusive Smoothie Collaboration
September 11, 2026

Inter Miami CF and Pura Vida Miami, the Miami-born all-day café and lifestyle brand, have renewed their partnership, continuing a collaboration that has brought the two South Florida organizations together across player nutrition, Academy programming and the fan experience since 2025.

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September 11, 2026
Cipriani Residences Miami Reveals The 1931 Collection, Two Crown Jewel Penthouses Listed For $33 Million & $19.8 Million 12.jpg
September 10, 2026
Cipriani Residences Miami Reveals The 1931 Collection, Two Crown Jewel Penthouses Listed For $33 Million & $19.8 Million
September 10, 2026

Cipriani Residences Miami has unveiled The 1931 Collection, an exclusive pair of ultra luxury penthouses inspired by the Venetian landmarks that shaped the Cipriani family’s legacy. Priced at $33 million and $19.8 million, The San Marco and The Torcello crown the 950-foot tower, bringing the brand’s celebrated tradition of Italian hospitality to the highest expression of branded residential living in North America.

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September 10, 2026
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