South Florida’s high-end real estate market has seen a flurry of significant transactions, with waterfront properties and opulent Palm Beach mansions commanding top dollar. Recent sales highlight robust activity among affluent buyers and sellers, underscoring the region’s enduring appeal for luxury living.
Key Takeaways
- A nearly 9,000-square-foot mansion in Palm Beach sold for $43.3 million.
- Waterfront properties in Miami Beach also saw substantial sales, including a home previously owned by the family of Broadway director Harold Prince.
- Commercial real estate, particularly near Miami International Airport, also experienced notable transactions.
Palm Beach Mansion Fetches Top Price
A sprawling mansion in Palm Beach, located at 115 Via La Selva, has set a new benchmark with its sale for $43.3 million. The nearly 9,000-square-foot estate, originally built in 1928, features eight bedrooms and nine bathrooms, spread across a 0.8-acre lot. It also boasts a gym, pool, and guest house. The property was previously acquired by the sellers in 2017 for $14 million. The buyer, Thomas Swan, is the co-CEO and director of The Swan Group, which has interests in manufacturing and commercial real estate.
Miami Beach Waterfront Properties Draw High Bids
Miami Beach continues to be a hotbed for luxury real estate, with several high-value sales along its prestigious waterfront. A 9,000-square-foot home at 6000 North Bay Road, once owned by the late Broadway director and producer Harold Prince, was sold by his daughter, actress and director Daisy Chaplin, for $31.5 million. This eight-bedroom, eight-and-a-half-bathroom estate offers prime waterfront living.
Another notable transaction on North Bay Road involved Keith Menin, co-founder of Menin Hospitality, who sold his 5,000-square-foot waterfront residence at 5300 North Bay Road for $27 million. The property includes a main house with four bedrooms and a guest house with an additional three bedrooms. Menin had purchased this home in 2024 for $16.1 million.
Further south, entrepreneurs Duncan and Renea Dayton sold their home at 302 West San Marino Drive for $11.3 million to an LLC tied to Thomas Boixel, founder and CEO of Boixel Investments. This 3,200-square-foot residence features three bedrooms and three and a half bathrooms.
Commercial Real Estate Activity
The commercial sector also saw significant deals. In Miami, a warehouse located at 1800 Northwest 70th Avenue near Miami International Airport traded for $19.2 million. The roughly 68,000-square-foot property, which last sold over two decades ago for $3.8 million, was acquired by Miami-Dade County.
Additionally, the Quality Inn Miami Airport – Doral at 3959 Northwest 79th Avenue changed hands for $16 million. The 135-key, three-story hotel was sold by an LLC managed by Michel Ciniglio to 3959 Holdings LLC.
Other Notable Residential Sales
Beyond the major metropolitan areas, Palm Beach Gardens saw a home at 686 Hermitage Circle sell for $8.2 million. The 8,800-square-foot property, featuring six bedrooms and six and a half bathrooms, was sold by Michael and Winnie Ferik to Thomas and Diane Moriarty. This home had previously sold in 2021 for $3.9 million.
Sources
- South Florida Top Real Estate Deals: June 3, 2026, The Real Deal.
- South Florida Top Real Estate Deals: June 4, 2026, The Real Deal.