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Florida's Luxery Housing Market Is Booming | Real 105.1

The luxury market rebounded during late 2020, as employers and executives, have been leaving high-density cities with high taxes in favor of Florida’s weather and tax advantages. ....

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More out-of-town financial execs spend millions on Miami Beach houses. Yes, more

More out-of-town financial execs spend millions on Miami Beach houses. Yes, more
Rebecca San Juan, The Miami Herald
Feb. 1 Two more financial executives bought houses in Miami last week, proving that the inbound migration of investors is far from over.
Byron Roth, chairperson and CEO of the California-based investment banking company Roth Capital Partners, and Jason Wright, partner at the New York-headquartered Apax Partners, bought houses in Miami Beach, as reported in the South Florida Business Journal and The Real Deal, respectively.
Roth bought the two-story waterfront home of former TV producer Douglas Cramer and artist Hubert Bush III on La Gorce Island for $23 million. Cramer produced The Brady Bunch and Star Trek. The house has four bedrooms, five bathrooms and two half bathrooms. Prior to Cramer, the house was owned by the late famed attorney Dan Paul. ....

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The Jills Zeder Group Becomes One of the First Real Estate Teams in the U.S. to Sell More than $1 Billion in Just One Year

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MIAMI, Jan. 8, 2021 /PRNewswire/ In 2020, The Jills Zeder Group exceeded $1 billion in sales, becoming one of the first real estate teams in the nation to reach this milestone in just one year, according to REAL Trends data for non-team owned brokerages from 2015–2019. This extraordinary achievement breaks all of The Jills Zeder Group s records and solidifies its position as the foremost expert in South Florida luxury real estate. The Jills Zeder Group sold over 180 transaction sides and listed more than 160 properties, including both single family homes and condominiums, in 2020. The Jills Zeder Group is affiliated with Coldwell Banker Realty in Florida and the Coldwell Banker Global Luxury International Luxury Alliance. ....

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Cher's former mansion in Miami Beach sells for $17 million

Cher’s former mansion in Miami Beach sells for $17 million
The 11,500-square-foot showplace opens to a palm-topped backyard with a lap pool, private dock and 158 feet of water frontage.
(Douglas Elliman)
Dec. 10, 2020 8 AM PT
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On the shores of Biscayne Bay in Miami Beach, a palatial estate once owned by pop icon Cher just sold for $17 million. It was asking $22 million over the summer before a September price cut brought the tag down to $20 million.
That’s quite an uptick from when the Goddess of Pop lived there; records show she paid $1.5 million for it in 1993 and nearly tripled her money three years later, selling it for $4.35 million. ....

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