Southwest Florida Real Estate News and Market Insight

A prominent billionaire optometrist turned philanthropist has splashed out a staggering $61.75 million for a newly built waterfront compound in the tony Florida enclave of Manalapan, marking one of the area's most expensive residential real estate deals in recent history. Dr. Herbert ‘Herbie’ Werthe

Billionaire businessman Jorge Mas is on a roll. After selling a waterfront property in Miami’s Coconut Grove for over $100 million, the MasTec chairman sold his mansion in Coral Gables for $32 million.  A trust owned by Mas and his wife sold the 13,500-square-foot home at 6312 Riviera Drive to a lan

Billionaire Jeffrey Soffer offloaded part of his Broward County gambling site, a portion of a parking lot, for $31.1 million. An affiliate of Soffer’s Aventura-based Fontainebleau Development sold 12.2 vacant acres of the Big Easy Casino at 831 North Federal Highway in Hallandale Beach to an affilia

A new bill aimed at tackling the housing affordability crisis has advanced out of committee in the U.S. House, renewing hopes that the federal government will take action to address soaring costs. The House Financial Services Committee on Wednesday voted 50-1 to advance H.R. 6644, the Housing for th

"Everybody Loves Raymond" alum Patricia Heaton has explained her decision to move her family from Los Angeles to Nashville, TN, citing the California metro's elevated crime and homelessness rates, along with the decline of local film studios.  Heaton, 67, opened up about the relocation on a recent e

Nearly a year after the deadly Eaton fire in Southern California, the first payment from the Wildfire Recovery Compensation Program has been made. In October, Southern California Edison launched the program, which offers to reimburse victims for their losses and provides additional sums for pain and

IMC Equity Group is closing out 2025 by picking up for a 4-year-old, nearly fully leased shopping center in Doral.  North Miami-based IMC Equity, led by Yoram Izhak, paid $74 million for Doral Square, a 150,000-square-foot, three-level retail building completed in 2001 by David Martin’s Coconut Grov

Delta's president, Glen Hauenstein, who helped turn Delta into the country's premium-travel leader, is retiring after 20 years.

The California housing market is seeing an uptick as home sales in the Golden State have reached the highest level since September 2022, according to the California Association of Realtors® (C.A.R.). Existing, single-family home sales totaled 287,940 in November 2025 on a seasonally adjusted annuali

Another mixed-use project was approved in Boca Raton’s 700-acre Park at Broken Sound, adding to the pipeline of new developments planned in the former business park.  On Tuesday, the Boca Raton City Council unanimously approved two ordinances and three resolutions that will allow Aventura-based Meye

HGTV star Christina Haack is facing furious criticism for posing in a raunchy photoshoot with her boyfriend, Christopher Larocca, in a bid to plug her newly launched champagne brand. The 42-year-old "Flip Off" star took to Instagram to showcase the risqué black-and-white photo, in which she can be s

Investors continue to hold a firm grip on the U.S. housing market, even as higher mortgage rates and slower sales reshape buyer demand. While large institutional players once defined investor competition, the latest Realtor.com® Investor Report shows a decisive shift toward small, buy-and-hold landl

The beauty of these three styles lies not just in their aging potential but also their accessibility. Photo courtesy of iStock When most of our customers think about cellaring bottles for the long haul, the usual suspects come to mind: Bordeaux’s structured Cabernets and Merlots, Burgundy’s ethereal

Braised beef with mushrooms at Nat Nat. Photo by Diego Sanchez A unique kind of hybrid café/wine shop has been operating under the radar since 2023. Nat Nat, a casual place tucked into a little storefront on Tamiami Trail North, combines Peter Rizzo’s Natural Wines Naples with chef Ming Yee’s Café N

The spread at La Salière. Photo courtesy of La Salière La Salière On Christmas Eve and Christmas Day, enjoy La Salière’s regular à la carte dinner menu, along with holiday specials featuring seasonal Italian favorites. On New Year’s Eve, diners can reserve a 9 p.m. prix fixe experience ($159 per p

Homebuilder Lennar says it cut the average price of its homes 10% last quarter amid weak demand from homebuyers struggling with affordability and worried about the economy. In a quarterly earnings report Tuesday, Lennar revealed its average sales price was $386,000 for homes delivered in the three m

Fintech billionaire Ronald Clarke is the buyer who paid $97.5 million for a waterfront compound in North Palm Beach last week.  A Delaware LLC managed by Clarke bought William Wrigley Jr.’s 2.5-acre property at 11465 and 11472 Old Harbour Road, property records show. Wrigley, an heir to the Wrigley

Investors continue to command a meaningful share of U.S. home purchases, even as higher mortgage rates and softer demand slow the broader housing market. While large institutional buyers once dominated the market, the latest Realtor.com® Investor Report shows a clear shift toward small, buy-and-hold

Lissette Calderon, the Rubell real estate and art family, and Lion Development Group are partnering on a three-phase residential project in Miami’s Allapattah neighborhood, The Real Deal has learned.  The trio plans part I of the project as a 21-story, 330-unit rental highrise with 10,000 square fee

More than three dozen owners of marquee commercial properties are suing Broward County Property Appraiser Marty Kiar, alleging his office improperly calculated market and assessed values, saddling them with inflated tax bills.  The lawsuits, filed between November and this month in Broward County Ci