Buyer revealed: David Simkins dropped record $16M on waterfront Morningside house
Paper products heir David Simkins is revealed as the buyer of a record $16 million waterfront home in Miami’s Morningside neighborhood, The Real Deal has learned. Simkins bought the waterfront house at 5725 North Bayshore Drive from Mango’s Tropical Café owner David Wallack, sources confirmed. Jill Eber with the Jills Zeder Group at Coldwell Banker Realty represented both the buyer and the seller in the deal. The sale marked a price record for the neighborhood, trumping Barstool Sports founder David Portnoy’s previous $14 million purchase as Morningside’s most expensive home. Simkins is the son of the late Leon Simkins, the […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

A rising threat to homeownership: How heirs’ property undermines affordable housing

Figure unveils industry-first blockchain stock offering

Beazer Homes shifts to move-up buyers, bets on energy efficiency

‘Selling Sunset’ Star Mary Bonnet Reveals How Much She Really Earns—as She Lays Bare ‘Ironclad’ Prenup

PHH Mortgage will halt reverse originations, sell MSRs to Finance of America

Illinois is Struggling in Affordability and Homebuilding: Can Governor Pritzker Revive the Market?

Nantucket Homeowner Accused of Chopping Down Neighbor’s Trees Sells Property for $2.1 Million Below Asking

When land strategy meets AI: homebuilders gain a new edge

Whoopi Goldberg Takes Hiatus From ‘The View’ To Pursue Acting Role in Italy—After Revealing Desire To Spread Her Wings Beyond Daytime TV

Riviera Beach picks partner in $481M redevelopment plan
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131
