South Florida’s real estate market was active this week with several high-value transactions. Notable deals include a luxurious mansion in Palm Beach Gardens fetching $14 million and a significant retail center in Broward County selling for $46.3 million. These sales highlight the continued strength and diversity of the region’s property market.
Key Takeaways
- A 9,800-square-foot mansion in Palm Beach Gardens sold for $14 million.
- An Aldi-anchored retail center in Coral Springs and Margate was sold by Sterling Organization for $46.3 million.
- NBA player Jeff Green sold his Pinecrest mansion for $15.5 million.
Palm Beach Gardens Mansion Sale
A sprawling 9,800-square-foot mansion located at 12218 Tillinghast Circle in Palm Beach Gardens has been sold for $14 million. The property, featuring five bedrooms and seven and a half bathrooms on a 1.1-acre lot, was previously purchased in 2021 for $8.2 million. The recent sale represents a significant increase in value, with the price per square foot averaging around $1,400. The home was initially listed in January for $16 million.
Broward Retail Center Transaction
In a major commercial deal, the Sterling Organization has sold an Aldi-anchored retail center spanning multiple addresses in Coral Springs and Margate for $46.3 million. The complex, located at 3200-3470 Northwest 62nd Avenue in Margate, and 6166-6210, 6200, 6198 West Sample Road in Coral Springs, was acquired by an affiliate of Nuveen Real Estate. This sale marks a substantial gain for Sterling Organization, indicating a robust performance in the retail sector.
Notable Residential Sales
Beyond the top-tier deals, other significant residential transactions occurred across South Florida. In Miami, real estate developer Jay Massirman sold a property at 5001 Pine Drive for $13.5 million. Meanwhile, a newly constructed home in Pinecrest at 6475 Southwest 92nd Street changed hands for $11.5 million. NBA player Jeff Green also parted with his Pinecrest mansion at 9500 Southwest 61st Court for $15.5 million. The estate, which boasts seven bedrooms and six and a half bathrooms across 10,400 square feet, was on the market for $16.4 million. Green had purchased the property in 2017 for $1.4 million.
Sources
- South Florida Top Real Estate Deals: Wednesday, April 8, 2026, The Real Deal.
- South Florida Top Real Estate Deals: Wednesday, April 8, 2026, The Real Deal.
- South Florida Top Real Estate Deals: Tuesday, April 7, 2026, The Real Deal.
- NBA’s Jeff Green Sells Florida Mansion for $15.5 Million, The Real Deal.