In the latest roundup of residential sales in South Florida’s luxury market, buyers include a self-storage mogul, a big dairy honcho, and New York City jeweler.
Sales stretched from Palm Beach to Miami, and ranged in price from $6.8 million to $14 million.
Two of the closings were at Estates at Acqualina, the oceanfront condominium at 17901 Collins Avenue in Sunny Isles Beach developed by the Trump Group (no relation to Donald Trump). LeBron James bought a unit in the project for $9 million last year.
This month, Jay Schneier is among the buyers. He is president and co-owner of Cream-o-Land Dairy, according to LinkedIn. Based in Florence, New Jersey, Cream-o-Land is a full service dairy company and one of the largest dairy providers in the Northeast. Zippia estimates the company’s revenue last year at $85 million.
Records show Schneier bought unit N-4102 in the north tower of Estates at Acqualina for $9.1 million from the developer’s affiliate, A3 North Development LLC.
Another Northeasterner, Angela Arabov, also bought a unit in the north tower. Records show her N2002 Acqua LLC, a Florida entity, bought condo N-2002 from the developer for $6.8 million.
Arabov is CEO of Jacob & Co, a New York City-based maker of fine jewelry and watches, LinkedIn shows. The jeweler has partnered with Bugatti and new South Florida resident Lionel Messi for collections, according to its website.
In Miami, self-storage mogul Jay Massirman bought a non-waterfront mansion in the Ponce- Davis neighborhood near Coral Gables for $8.5 million. Records show Massirman bought the house at 5001 Pine Drive from Moses and Jacqueline Saba.
Jennifer Goldstein of Official had the listing, and Judy Zeder of the Jills Zeder Group at Coldwell Banker Realty brought the buyer.
Built in 2004, the nearly 9,000-square-foot mansion includes eight bedrooms, eight bathrooms, one half-bathroom and a pool, the listing shows. The property spans an acre, records show. It last sold for $3.8 million in 2010, according to records.
The deal comes six months after Massirman and his ex-wife, Lisa Massirman, sold their longtime Coral Gables home for $10 million. He is a founding partner of Basis Industrial, a Coconut Grove-based self-storage provider that owns more than 15 million square feet.
In Palm Beach, Jane Baird and her husband, Girard Polk Brownlow III, sold their non-waterfront home for $14 million.
Records show the couple sold the house at 168 Kings Road to a Delaware entity named for the address. Lisa Cregan of Sotheby’s International Realty represented the seller, and Brooke Murphy of Compass brought the buyer.
Baird bought the house for $4.1 million in 2013, records show. Built in 1959 on 0.4 acres, the 3,600-square-foot house has five bedrooms, six bathrooms, two half-bathrooms and a pool, records show. It was recently renovated, according to the listing.
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In the latest roundup of residential sales in South Florida’s luxury market, buyers include a self-storage mogul, a big dairy honcho, and New York City jeweler. Sales stretched from Palm Beach to Miami, and ranged in price from $6.8 million to $14 million. Two of the closings were at Estates at Acqualina, the oceanfront condominium
The post Resi roundup: Self-storage, dairy and jewelry moguls buy South Florida homes appeared first on The Real Deal. Uncategorized, Estates At Acqualina, Home Sales, Housing Market, Housing Prices, Miami, Miami-Dade County, Palm Beach, Palm Beach County, Sunny Isles Beach The Real Deal
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
