South Florida’s luxury real estate market is experiencing a surge in high-profile transactions, with notable figures like the founder of Rockstar Energy and a New York socialite making significant property acquisitions. This activity signals strong market confidence and highlights the region’s continued appeal for the ultra-wealthy.
Key Takeaways
- Rockstar Energy founder Russell Weiner purchased a $19 million estate in Delray Beach.
- New York socialite Jean Shafiroff acquired a $21 million waterfront mansion in Manalapan.
- A $69.5 million penthouse is on the market at the new South Flagler House in West Palm Beach.
- NBA star Kyle Kuzma is under contract to buy a $5.64 million condo at The Residences at Shell Bay.
Rockstar Energy Founder Buys Delray Beach Estate
Russell Weiner, the billionaire behind Rockstar Energy drinks, has reportedly purchased an expansive estate in Delray Beach’s exclusive Stone Creek Ranch for approximately $18 million. The 11,506-square-foot property boasts seven bedrooms and eleven bathrooms, situated on a man-made lake. Amenities include a large heated saltwater pool, tennis and basketball courts, a cabana house, and a sunken fire lounge. This move places Weiner in proximity to other notable residents, including Mark Wahlberg, within a highly secure, gated community known for its privacy.
New York Socialite Acquires Manalapan Mansion
Jean Shafiroff, a prominent New York socialite and author, along with her husband, investment adviser Martin Shafiroff, has purchased a modern, waterfront mansion in Manalapan, Florida, for around $21 million. The off-market sale involved a 15,300-square-foot, six-bedroom home located in an enclave favored by billionaires. The property features high ceilings, a wine tasting room, a chef’s kitchen, and extensive Intracoastal waterfrontage. This acquisition adds to the Shafiroffs’ portfolio of luxury residences across the country.
West Palm Beach Penthouse Lists for $69.5 Million
A luxurious penthouse duplex at the newly developed South Flagler House in West Palm Beach is now on the market with an asking price of $69.5 million. The 14,000-square-foot residence offers five bedrooms and expansive outdoor living space with views of the Intracoastal and the Atlantic Ocean. Developed by Stephen Ross’s Related Ross company, South Flagler House is part of a larger transformation of West Palm Beach into a hub for finance and technology. The building, designed by Robert A.M. Stern Architects, is slated for completion in 2027, with options for buyers to personalize their homes.
NBA Star Kyle Kuzma Enters Contract for Florida Condo
NBA player Kyle Kuzma is reportedly in contract to purchase a condo at The Residences at Shell Bay in Hallandale Beach. The three-bedroom, 3.5-bath unit spans 2,401 square feet and was listed for $5.64 million. The development offers high-end amenities, including floor-to-ceiling glass windows, wraparound terraces, and views of the water, pool, and golf course. Shell Bay is a private community featuring a Greg Norman-designed golf course, a spa, a marina, and dining by a Michelin-starred chef, with residences expected to be completed in 2027.
Sources
- Rockstar Energy Founder Russell Weiner Buys $19M Florida Home Near Mark Wahlberg, TMZ.
- Exclusive | New York socialite snags Manalapan, Florida, mansion for $21 million, New York Post.
- Exclusive | West Palm Beach penthouse at South Flagler House asks $69.5M, New York Post.
- Exclusive | Kyle Kuzma is in contract to buy a Florida condo, New York Post.