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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Waterfront Estate on Hibiscus Island Sells For $51.5 Million Setting New Record on Miami Beach's Palm and Hibiscus Island
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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Winston Capital Affiliate Acquires Bay Harbor Islands Waterfront Homesite For $18 Million
An affiliate of David Burstyn's Winston Capital Management has acquired a premier waterfront homesite in Bay Harbor Islands for $18 million, marking a record land sale in the island community. Property records show Winston Bay Harbor purchased the nearly half-acre parcel at 10312 West Broadview Drive from a family trust in an off-market transaction that closed this week. The sale agreement, signed by trustee Noah Burton, was recorded in May.
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PROFILEmiami Co-Founder Demetri Demascus, Pascal Nicolai (Sabal Development), Lourdes Alatriste (Douglas Elliman), Zach Simkins (Vaster Mortgage), Jose Boschetti Jr. (Boschetti Group)
Inside The 2nd Annual PROFILEmiami Spec Home & Ultra Luxury Real Estate Summit 2025
The 2nd Annual PROFILEmiami Spec Home & Ultra-Luxury Real Estate Summit, held last week at the state-of-the-art Lighting Loft in Midtown Miami in partnership with LUC Electric and Tidelli, was a resounding success—bringing together more than 150 of South Florida’s most influential developers, financiers, brokers, architects, designers, and luxury service providers for an evening defined by insight, connection, and elevated dialogue.
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Josh Flagg Lists Reimagined Mediterranean Villa on Miami Beach's Exclusive North Bay Road For $10 Million With Jordan Karp LLC
Flagg Family Capital, in partnership with Carolwood LP, has officially listed its newly rebuilt Mediterranean villa on North Bay Road for $10 million with Jordan Karp LLC, marking one of the most compelling non-waterfront offerings to hit Miami Beach this season.
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Sunset Harbour Office Depot Property Sells for $28.5 Million Overseen by Jordan Karp and Avenue Real Estate Partners, Underscoring Miami Beach’s Commercial Real Estate Strength
A prime commercial property in Miami Beach’s Sunset Harbour neighborhood has traded for $28.5 million, signaling continued investment momentum in one of the city’s most desirable enclaves. The 19,672-square-foot Office Depot building, situated on a 25,000-square-foot lot, was acquired by a private investor.
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James Curnin Sells His La Gorce Island Waterfront Mansion For Miami Beach Single Family Price Per Square Foot Record $60 Million In Off Market Deal
Real estate developer James Curnin and his wife Jennifer have sold their stunning waterfront mansion on La Gorce Island in Miami Beach for a record setting $60 million. The sale establishes a new record for the price per square foot of single-family homes in the Miami Beach area, soaring to $6,224 PSF.
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Karlton Companies Sells Allison Island Spec Home For Record $31.5 Million In Miami Beach
In a landmark transaction that has set a new benchmark for real estate on Allison Island, Karlton Companies has sold a stunning waterfront spec-mansion which was completed last year for $31.5 million, eclipsing previous records in Miami Beach.
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Non-Waterfront Home On Miami Beach Golf Course Sells For $9.5 Million
A non-waterfront home on Miami Beach Golf Course has sold for $9.5 million in Miami Beach. Located at 2485 Meridian Ave., the European-style villa overlooks the 12th hole of Miami Beach Golf Course and was built in 2017. The home was listed with Mendel Fellig of Compass and Jordan Karp of Jordan Karp LLC brought the buyer.
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March 13, 2024: PROFILEconnect: Workout With Baby Momma Fit at Kobi Karp's Office
Step up your fitness with Miami's top real estate professionals at PROFILEmiami's PROFILEconnect event. Experience a unique HIIT session with Starr Hawkins (@babymommafit), indulge in refreshments and luxury giveaways, including Carrot Express, Zeroe Caviar, and a special Taja Collection candle. Book now to secure your spot for March 13, 2024, at Kobi Karp's Wynwood HQ for an unforgettable sweat.
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