{"id":299878,"date":"2026-06-08T12:26:09","date_gmt":"2026-06-08T12:26:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/299878\/"},"modified":"2026-06-08T12:26:09","modified_gmt":"2026-06-08T12:26:09","slug":"south-florida-top-real-estate-deals-june-5-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/299878\/","title":{"rendered":"South Florida Top Real Estate Deals: June 5, 2026"},"content":{"rendered":"<p>\ud83c\udfc6 Commercial: The top home sale recorded in South Florida was in Fort Lauderdale, where an industrial property at 3600 Northwest 54th Street traded for $17.2 million. The seller was an affiliate of Pennsylvania-based Link Logistics, which acquired the roughly 66,000-square-foot property in 2017 for $6.1 million. The buyer was an LLC tied to Dallas-based Dalfen International. The transaction works out to about $260 per square foot.<\/p>\n<p>\ud83c\udfc6 Residential: A waterfront Miami Beach estate at <a href=\"https:\/\/therealdeal.com\/miami\/2020\/12\/16\/alan-faena-sells-waterfront-pine-tree-drive-mansion-for-13m\/\" rel=\"nofollow noopener\" target=\"_blank\">4731 Pine Tree Drive<\/a> changed hands for $24 million, representing the priciest home sale in the region. The seller was an LLC managed by Alejandro Moreno, and the buyer was AJS Miami, LLC. The nine-bedroom residence has seven full bathrooms and two half bathrooms. It measures more than 10,000 square feet and also has a guest house.<\/p>\n<p>\ud83d\udcca Residential: In Palm Beach, James and Robin Carey \u2014 he is an investment executive \u2014 parted with a home at 232 Seabreeze Avenue for $23.9 million. The buyer was Cran Grape LLC. Built in 2020, the 5,000-square-foot home has five bedrooms and seven and a half bathrooms. Its last asking price was $24.5 million. Crista Ryan with Tina Fanjul Associates had the listing.<\/p>\n<p>\ud83d\udcca Residential: Harold and Joan Griffith scooped up a 7,800-square-foot home at 22306 Bay Drive in Pompano Beach for $13.8 million or about $1,800 per square foot. The sellers were an LLC managed by entrepreneur Leathem Stearn, who reportedly invented the <a href=\"https:\/\/goodbusinessjournal.com\/stories\/leathem-stearn-art-of-reinvention\/\" rel=\"nofollow noopener\" target=\"_blank\">scrunchie<\/a>, and Ute Mesa Lot 2 LLC. The home has five bedrooms and six and a half bathrooms. Its last asking price was just under $18 million.<\/p>\n<p>By the Numbers: <a href=\"https:\/\/therealdeal.com\/data\/national\/2026\/u-s-cre-deal-volume-falls-in-april\/\" rel=\"nofollow noopener\" target=\"_blank\">CRE deal volume fell 33% in April. Experts say don\u2019t fret<\/a><\/p>\n<p>Should the commercial real estate industry panic?<\/p>\n<p>Deal activity, measured by sales volume, plunged 33 percent \u2014 to $24.7 billion \u2014 in April compared to the year before, according to the latest MSCI Capital Trends report.\u00a0<\/p>\n<p>If these figures concern industry watchers, they shouldn\u2019t, said Jim Costello, executive director of MSCI\u2019s research and development team. Year to date, deal volume hit $163.5 billion, a 14 percent year-over-year increase, indicating that activity is not on a downward spiral.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1240\" height=\"654\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/06\/Jm65b-senior-housing-dominates-growth-in-deal-activity-.png\" alt=\"\" class=\"wp-image-1035163\"  \/><\/p>\n<p>If you like this digest, you can get it even earlier \u2014 every evening \u2014 by subscribing to TRD Data, <a href=\"https:\/\/therealdeal.com\/data\/latest\/\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\ud83c\udfc6 Commercial: The top home sale recorded in South Florida was in Fort Lauderdale, where an industrial property&hellip;\n","protected":false},"author":2,"featured_media":299879,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[225,227,226,88660],"class_list":["post-299878","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hialeah","tag-hialeah","tag-hialeah-headlines","tag-hialeah-news","tag-south-florida-top-real-estate-deals"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/299878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=299878"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/299878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/299879"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=299878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=299878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=299878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}