{"id":309801,"date":"2026-06-16T22:24:11","date_gmt":"2026-06-16T22:24:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/309801\/"},"modified":"2026-06-16T22:24:11","modified_gmt":"2026-06-16T22:24:11","slug":"menachem-kranz-sells-miami-dade-home-for-record-price","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/309801\/","title":{"rendered":"Menachem Kranz Sells Miami-Dade Home for Record Price"},"content":{"rendered":"<p>A newly built waterfront mansion on Bay Harbor Islands sold for $21.8 million and over $2,700 per square foot, the latter of which is a record price in the town.\u00a0<\/p>\n<p>Property records show 9525 BH 2 LLC, led by <a href=\"https:\/\/therealdeal.com\/miami\/2022\/05\/04\/menachem-kranz-buys-waterfront-bay-harbor-units-in-bulk-deal-plans-condo-project\/\" rel=\"nofollow noopener\" target=\"_blank\">Menachem Kranz<\/a>, sold the 8,000-square-foot home at 9640 West Broadview Drive. Kranz declined to identify the buyer, and the deed has not yet been recorded.\u00a0<\/p>\n<p>The sale of the eight-bedroom, 10-bathroom home nears a record set by the nearby property at 9520 West Broadview Drive, which sold in 2024 for <a href=\"https:\/\/therealdeal.com\/miami\/2024\/04\/25\/spec-developer-sells-bay-harbor-mansion-for-record-22m\/\" rel=\"nofollow noopener\" target=\"_blank\">just under $22 million<\/a>.\u00a0<\/p>\n<p>Kranz worked with builder Michael Jaar on the house at 9640 West Broadview Drive. The home was designed by Stephanie Halfen of SDH Studio with interiors by Aliz\u00e9e Brion and landscaping by CLAD, Kranz said. Kranz\u2019s wife, Dina, also worked on the design. He said the house was designed for a family, with family rooms on both levels, a waterfront pool and covered outdoor space.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"300\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/06\/vanessas-200x300.jpeg\" alt=\"Vanessa Frank\" class=\"wp-image-1036906\"  \/>Vanessa Frank<\/p>\n<p>The 0.3-acre property includes an air-conditioned two-car garage, 80 feet of water frontage with a dock, and a 2,250-square-foot rooftop terrace, according to the listing.\u00a0<\/p>\n<p>Moshe Goldshtein and Vanessa Frank of One Sotheby\u2019s International Realty represented the buyer and seller. Goldshtein was also involved in the previous sale of the land, representing Kranz on his $6 million purchase in 2022.\u00a0<\/p>\n<p>The house was on the market for just six days before the buyer signed a contract, Goldshtein said.\u00a0<\/p>\n<p>\u201cI had a handful of buyers who were asking if the buyer would flip the contract,\u201d he said.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"300\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/06\/MosheGHeadshots2024-2-2-200x300.jpg\" alt=\"Moshe Goldshtein\" class=\"wp-image-1036905\"  \/>Moshe Goldshtein<\/p>\n<p>\u201cThere\u2019s too much demand and there\u2019s no inventory of turnkey $15 million, $20 million-plus homes on the water. That\u2019s been the biggest challenge we have in the market.\u201d\u00a0<\/p>\n<p>The deal came together at the \u201cright price, right time,\u201d Kranz added. The buyer leads a company that\u2019s relocating to South Florida.\u00a0<\/p>\n<p>Bay Harbor Islands, once a sleepy town, has also seen a wave of developments and significant price growth post-pandemic. Earlier this year, soccer legend Ronaldo Lu\u00eds Naz\u00e1rio de Lima, known as Ronaldo, <a href=\"https:\/\/therealdeal.com\/miami\/2026\/03\/30\/ronaldo-luis-nazario-de-lima-buys-condo-in-miamis-bay-harbor\/\" rel=\"nofollow noopener\" target=\"_blank\">paid $7.8 million<\/a> for a penthouse at Onda, a waterfront condo development at 1135 103rd Street.\u00a0<\/p>\n<p>Other new projects include three luxury apartment buildings by Clara Homes, Continuum Company\u2019s two-phase <a href=\"https:\/\/therealdeal.com\/miami\/2025\/08\/26\/eichners-continuum-gets-construction-loan-for-la-baia-north\/\" rel=\"nofollow noopener\" target=\"_blank\">La Baia condo development<\/a>, VDA Origin Miami, Landau Properties and Taubco\u2019s One Kane Concourse office building, and Terra\u2019s 113,000-square-foot, five-story <a href=\"https:\/\/therealdeal.com\/miami\/2022\/01\/06\/terra-nabs-141m-construction-loan-for-bay-harbor-islands-mixed-use-project\/\" rel=\"nofollow noopener\" target=\"_blank\">Well<\/a> office and retail development. The Well was just completed, and tenants include Dwight Capital and Tom Brady\u2019s TEB Capital Management.\u00a0<\/p>\n<p>\tRead more<br \/>\n\t\t\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2024\/04\/25\/spec-developer-sells-bay-harbor-mansion-for-record-22m\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"106\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/06\/Spec-Developer-Sells-Bay-Harbor-Mansion-for-Record-22M-f-150x106.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"Spec Developer Sells Bay Harbor Mansion for Record $22M\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tResidential\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n<p>Spec developer sells waterfront Bay Harbor Islands mansion for record $22M<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2026\/02\/23\/clara-homes-nabs-80-million-loan-to-build-bay-harbor-rentals\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/06\/MIA_Clara-200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"Clara Homes' James Curnin with a rendering of the six-story, 77-unit apartment building in Bay Harbor Islands\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tDevelopment\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n<p>Clara Homes locks down $80M to build third upscale rental project in waterfront town<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2026\/03\/30\/ronaldo-luis-nazario-de-lima-buys-condo-in-miamis-bay-harbor\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/06\/MIA-Former-Brazilian-soccer-legend-Ronaldo-buys-penthouse-in-Bay-Harbor-Islands-MAIN-200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"Ronaldo Lu\u00eds Naz\u00e1rio de Lima, known as Ronaldo with Onda in Bay Harbor Islands\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tResidential\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n<p>Brazilian soccer legend Ronaldo buys penthouse in Bay Harbor Islands<\/p>\n<p>\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"A newly built waterfront mansion on Bay Harbor Islands sold for $21.8 million and over $2,700 per square&hellip;\n","protected":false},"author":2,"featured_media":309802,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[129221,123,125,124],"class_list":["post-309801","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-bay-harbor-islands-record","tag-miami","tag-miami-headlines","tag-miami-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/309801","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=309801"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/309801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/309802"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=309801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=309801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=309801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}