Thomas and Patricia Kennedy Sell Miami Beach Waterfront Home for $46 Million, Setting Record

In a move that has captured the attention of the luxury real estate world, Thomas and Patricia Kennedy, the founders of the software startup Zudy, have sold their newly built waterfront home on San Marino Island in Miami Beach for an astounding $46 million. This sale marks a new record for the Venetian Islands, surpassing … Read more

Investor Loses Civil Case to Recoup $1 Million for Development of Miami Beach Condo Project

A Miami-Dade judge has ruled in favor of Dhruv Piplani, the lead equity partner in the troubled Three Hundred Collins condominium project, dismissing a civil case in which an investor sought to recover a $1 million loss. The ruling marks the end of a prolonged legal battle surrounding the boutique condo project located at 300 … Read more

ICE: Hungarian National Charged in Miami, South Beach Murders Was Set to Be Deported Before Crimes

In a chilling series of events, a Hungarian national, Zsolt Zsolyomi, who was set to be deported from the United States, disabled his ankle monitor before allegedly murdering two men in Miami-Dade County. These horrifying crimes set off a chain of events that led to an extensive investigation and ultimately, Zsolyomi’s arrest. Federal authorities now … Read more

Red, White & Beach: A Tribute to Miami Beach Pioneer Jack Penrod

This Fourth of July, the soul of Miami Beach will come alive in a colorful, nostalgic celebration that everyone will remember. Nikki Beach, the beloved waterfront venue at 1 Ocean Drive, will momentarily transform into Penrod’s Beach Club to honor the unforgettable legacy of the late Jack Penrod. For one magical day, locals and visitors … Read more

GFO Investments Secures $54 Million Loan to Transform Miami Beach with New Whole Foods Project

GFO Investments, led by Russell and Marisa Galbut, has secured a $54 million construction loan from Ocean Bank to develop a groundbreaking Whole Foods-anchored retail complex at 1901 Alton Road in Miami Beach. This project marks the culmination of a decade-long vision to bring a high-quality grocery experience to one of Miami Beach’s most desirable … Read more

Celebrity Net Worth: David and Victoria Beckham Pay $72 Million for Miami Beach Mansion

The Beckhams’ Latest Luxury Purchase David Beckham, the world-renowned football star and entrepreneur, and his wife, Victoria Beckham, the fashion designer, singer, and businesswoman, have added another property to their impressive portfolio. In October 2024, the couple paid a whopping $72.3 million for a stunning waterfront mansion in Miami Beach. This purchase adds to their … Read more

Ultra High Net Worth Migration to South Florida Accelerates in 2025, Fueling Luxury Real Estate Boom

A Surge in Ultra High Net Worth Individuals (UHNWIs) Moving to South Florida In 2025, South Florida has experienced an unprecedented influx of Ultra High Net Worth Individuals (UHNWIs), solidifying the region’s status as a prime destination for the world’s wealthiest buyers. The migration of centi-millionaires — individuals with investable assets exceeding $100 million — … Read more

Billionaire Teddy Sagi Purchases Miami Beach Mansion to Build His Dream Modern Estate

In a move that’s turning heads in the world of luxury real estate, billionaire Teddy Sagi, the founder of gambling software giant Playtech, has just purchased a prime waterfront property in Miami Beach. What makes this deal even more exciting is Sagi’s decision to tear down the existing mansion and build a brand-new modern estate. … Read more