Southwest Florida Real Estate News and Market Insight
Market data, mortgage rate movement, housing policy, and property news from across the country and here at home in Collier and Lee counties. Anything that affects what a home in Naples, Bonita Springs, or Estero is worth, and what it costs to own one, is worth understanding before it shows up in your closing statement or your tax bill.
Floyd Mayweather’s former Miami Beach mansion trades at a loss

The former home of boxing champion Floyd “Money” Mayweather Jr. traded hands for $18.5 million, a loss compared to the property’s previous trade in 2024. An LLC tied to Black Spruce Management’s Josh Gotlib sold the 10,818-square-foot home at 288 South Coconut Lane in Miami Beach, according to prop
Read MoreNEXA Lending and former partner Mat Grella end legal fight

NEXA Lending CEO Mike Kortas said he has reached a global settlement with former business partner Mat Grella, ending a years-long legal battle over the ownership and control of the brokerage and several related entities. The agreement, reached in mediation and finalized on Monday, resolves “every si
Read MoreWindermere names Diana Wall chief growth officer

Windermere Real Estate has created the role of chief growth officer and hired longtime industry executive Diana Wall to lead expansion across the company’s independent brokerage platform, the firm announced Monday. Wall brings nearly 30 years of residential real estate experience to the Seattle-base
Read MoreWhy Your Dream Kitchen Renovation Could Trigger a Nightmare Insurance Rate Spike

A new kitchen can do more than transform the function and aesthetic appeal of your home— it might also change your property’s risk profile and, in turn, what you pay for home insurance. “Due to increased labor and material costs, the price of renovating a kitchen has spiked over the past three to f
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JetBlue Airways won takeoff and landing slots for up to 12 round-trip flights at LaGuardia Airport.
Read More Lender snaps up Stonerock’s downtown Miami office buildings for $15M

Stonerock Capital parted with its two downtown Miami office buildings in a foreclosure auction, despite its efforts to postpone the proceeding while it appeals the case. The lender on the properties, an affiliate of Atlanta-based Ardent Companies, won the foreclosure auction on Monday morning with
Read MoreFisher Island mansion asking $32M leads luxury contracts in Miami

A planned Fisher Island mansion asking $32 million led last week’s signed contract activity in Miami-Dade County. Buyers signed nine contracts totaling $79.8 million in asking dollar volume between July 13 and July 19, according to a weekly report by Douglas Elliman’s Eklund-Gomes team. The report
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Vice President JD Vance and his wife, Usha Vance, have welcomed a newborn baby boy named Alec Neel Vance, announcing the exciting arrival in a joint post shared on social media—while allowing President Donald Trump the honor of sharing the first image of their son. The Vances, who revealed in Januar
Read More Wilson & Johnson Private Foundation Celebrates New Safari Canyon Theater Stage at Naples Zoo

Wilson & Johnson Private Foundation Celebrates Completion of New Safari Canyon Theater Stage at Naples Zoo; Project Supported with $500,000 Foundation Grant The Wilson & Johnson Private Foundation is celebrating completion of a full renovation of one of the most beloved attractions at Naples Zoo at
Read MoreTexarkana Homeowners Protest New 500-Acre Data Center Over Noise and Water-Use Concerns

Residents in Texarkana, TX, are fighting back against a proposed data center in their district, marking the latest in a growing number of protests against data center development across the country. At issue is a planned 500-acre data center campus, called Project Big Pine, announced in April 2026 b
Read MoreNCH Recruits Nationally Recognized Heart Failure and Transplant Cardiologist

NCH Recruits Nationally Recognized Heart Failure and Transplant Cardiologist to Join Comprehensive Heart Transplant Program NCH is pleased to announce that Rafael Garcia-Cortes, MD, MPHS, a nationally recognized advanced heart failure and transplant cardiologist, will join the NCH Rooney Heart Insti
Read MoreStetson University plans Tampa development as higher ed bets on mixed-use districts

Stetson University is joining the higher education trend of investing in mixed-use districts, with the redevelopment of its Tampa Law Center. Stetson is partnering with New York-based Bromley Companies on plans to develop 670 apartments, 300 hotel keys, 37,500 square feet of retail space and 440,000
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Hollywood star Orlando Bloom is making another attempt to sell his longtime Malibu beach mansion—relisting the property at a significant discount, just a few weeks after it was taken off the market. The 49-year-old "Pirates of the Caribbean" star purchased the home for just $2.5 million in 2011, whe
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Former nurse Lindsay Clancy's murder trial begins in Massachusetts today—more than three years after she was accused of murdering her three children inside the family home. Clancy, 35, has admitted to taking the lives of daughter Cora, 5, and sons Dawson, 3, and 8-month-old Callan, but has pled not
Read More Paseo pipeline: Comras, Kanavos’ Lincoln Road vision hinges on walkability

The developers of two projects at opposite ends of Lincoln Road are betting they can kickstart a major revival for the iconic Miami Beach retail corridor. What was once the city’s most coveted pedestrian strip peaked almost 10 years ago with rents at $300 per square foot, leading to the exit or dow
Read MoreSouth Florida’s top deals: Spec developer sells Bear’s Club mansion for $34M

🏆 Residential: Jupiter logged the top home sale in South Florida. Spec developer Stuart Hankin sold a 10,900-square-foot mansion at 228 Bear’s Club Drive for $33.8 million. Hankin purchased the property in the exclusive Bear’s Club enclave in 2021 for $3.4 million; he completed the home last year.
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Budget buyers seeking entry into homeownership are finally getting some relief as the national supply of starter homes is beginning to improve. But like most aspects of the housing market, the recovery remains sluggish and starkly divided by region. A starter home is defined by Realtor.com® economis
Read More Stop Paying More for Home Insurance Than Property Taxes—If You Can

The cost of living is reaching its peak—and for some homeowners, one line on their budget is superseding all others. New data from LendingTree finds that in 15 U.S. states, home insurance costs exceed property taxes. “Insurance used to be an afterthought in the homebuying process for most shoppers,”
Read MoreHousing Week Ahead: Market Clock, Rate Volatility, and New Home Sales To Watch

The upcoming week brings a lighter schedule for national economic data but a busy lineup of new research from the Realtor.com® economics team. On Tuesday, the team releases the second-quarter 2026 Market Clock, which tracks whether buyers or sellers hold the upper hand in specific regions. Midweek r
Read MoreSouth Florida Dirt: The soccer stars who planted a flag in South Florida

Consider this a World Cup edition of the South Florida Dirt. From Coral Gables to Hallandale Beach, South Florida and its large population of Argentinians and soccer fans have embraced the sport and its biggest star, Lionel Messi. The World Cup, which ended its Miami run Saturday with the third-pla
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