01/08/09

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Residential deals

Miami-Dade

Miami Beach
$2.6 million
101 20th Street
This 31st-floor suite at the Setai sold for $1,857 per square foot, a record per-square-foot price for a South Florida condo so far in 2008, according to Zilbert Realty Group. The 1,405-square-foot, two-bedroom, two-bath unit has oceanfront and city views. The home features hand-carved and stained Brazilian redwood strip flooring and 50-inch polished white granite slabs on the balcony. The interior design and construction is by Archiforma Group. It closed March 5, after 128 days on the market. Original listing price: $3.25 million.
SELLER'S AGENT: Tracie Hamersley, Pete Megler, Majestic Properties.

Hialeah
$3.153 million
1288 West 29th Street
Nina's Apartments
36 Units
The property features 1968 concrete block construction with pitched roofs and has a mix of 14 one-bedroom, one-bath apartments and 22 two-bedroom, one-bath apartments. Fifteen of the two-bedroom units have central air and the balance of the apartments have wall air conditioning. The property has one parking space per unit as well as two marked visitor spots. There are on-site laundry facilities and a private central courtyard.
BUYER: L D Investors
SELLER: Samuel and Nina Levy
BROKER: Evan Kristol, Still Hunter III,
Marcus Millichap

Hialeah
$2.978 million
1271 West 29th Street
Queens Apartments
34 Units
The property features 1971 concrete block construction with a flat roof and has a mix of 18 one-bedroom, one-bath units and 16 two-bedroom, one-bath units. The property has 60 marked parking spaces, a commodity in the Hialeah rental market, according to brokers. The property also offers residents central air conditioning, terrazzo floors, on-site laundry facilities, and a second-floor sundeck.
BUYER: L D Investors
SELLER: Samuel and Nina Levy
BROKER: Evan Kristol, Still Hunter III,
Marcus Millichap

Palm Beach

Palm Beach
$19.94 million
460 Worth Avenue
Stephen Myers, co-founder of U.S. Cable Group, had put this waterfront home on the market in 2006 with an asking price of $23.9 million. He purchased the home in 1993 for $4 million.

The Mediterranean-style home has five bedrooms, six bathrooms and three half-bathrooms. With its two-story guesthouse, it offers 10,847 square feet of living space. The "Casa Della Luce" villa was built in 1992, south of the town docks, on a site that had been the 1920s home of Major Barclay Warburton and more recently, socialite Sue Whitmore. Two years ago, Myers paid nearly $25 million for a home at 101 El Vedado.
BUYER: Karlheinz and Marianne Andresen of Hamburg, Germany
BUYERS AGENT: Taurus Investment Holdings, Deerfield Beach
SELLERS AGENT: Susan Furman, Linda A. Gary Real Estate

West Palm Beach
$3.8 million
5956 Ceylon Court
Cinnamon Terrace Apartments
60 Units
The property is located in the middle of a residential neighborhood. Whispering Pines State Park, Okeeheelee Park Golf Course and the Florida Turnpike are just west of the property.
BUYER: Villas at Palm Beach
SELLER: Feder/Palm Beach Properties and Continental Gardens of Miami
BROKER: Evan Kristol, Still Hunter III, Marcus Millichap

West Boca Raton
$1.1 million
7908 Glen Nevis Terrace
This 4,274-square-foot home is in the St. Andrew's Country Club neighborhood. It was built in 1988 and has three bedrooms and five-and-a-half bathrooms. The seller had bought the home for $1.15 million in late 2006.
BUYER: Seymour Fineman
SELLER: Robert Gangi

Riviera Beach
$1.9 million
3920 North Ocean Drive
Contractor and developer Daniel Catalfumo sold his three-bedroom, four-bath condo in the Oasis Singer Island complex. The 4,069-square-foot unit was built in 2004. Catalfumo bought it for $1.28 million in late 2005.
BUYER: Anthony and Francesca Arrigo
SELLER: James Jacoby, Daniel S. Catalfumo Trust

West Palm Beach
$1.672 million
7615 South Flagler Drive
The 4,318-square-foot home had been listed for $2.325 million. It has four bedrooms and three-and-a-half bathrooms. The seller had purchased the property for $1.683 million.
BUYER: Nathan and Katherine Ward
SELLER: Donald and Barbara Devine

West Boca Raton
$1.35 million
17634 Middlebrook Way
This 4,846-square-foot home is located in Fox Hills Estates. It has five bedrooms and six baths. The sellers bought the property in 2003 for $1.074 million. It had been listed at just under $1.7 million.
BUYER: Jared and Amanda Weiner
SELLER: Judd and Micaela Malin

Broward

Ft. Lauderdale
$1.3 million
3050 NE 44th Street
Dynasty Realty Group President Max Sebastini and his wife Maria paid $1.3 million for this house, $295,000 below the asking price of sellers Daniel and Elizabeth Nasta. This 4,820-square-foot single-story home contains four bedrooms and three baths and was built in 1984. It is located in the Coral Ridge Country Club Estate.
BUYER: Max and Maria Sebastini
SELLER: Daniel and Elizabeth Nasta

Ft. Lauderdale
$1.1 million
2422 NE 8th Street
This 3,814-square-foot, two-story home in the Sunrise Intracoastal neighborhood includes a pool. The seller had purchased the home for $1.48 million in 2005.
BUYER: Terence Thurner
SELLER: Bernard Whalen

Ft. Lauderdale
$1.225 million
1372 Bayview Drive
Pro football player Brandon Ayandadejo celebrated signing a four-year, $4.9 million contract with the Baltimore Ravens by buying a four-bedroom, three-bath home. The unit contains 2,699 square feet of living space in three stories. The property had been listed at $1.299 million by the seller, Cabba Inc.
BUYER: Brandon Ayandadejo
SELLER: Cabba Inc.