In the latest roundup of South Florida luxury residential deals, moguls from theme park, marketing and sandwich businesses bought and sold homes.
The deals spanned Coconut Grove to Wellington and ranged in price from $6.3 million to $14.5 million.
Coconut Grove
In Coconut Grove, digital marketing firm CEO Jeffrey Herzog and his wife, Jill Herzog, bought a spec mansion for $14.3 million.
Records show the Herzogs bought the house at 3834 Park Avenue from Treuko 109th Terrace, a Florida entity managed by Karin and Thomas Reuther.
Chad Carroll of Compass brought the buyers, and Jane Bark Barrellier of Compass had the listing.
Herzog founded Avenue Z, a digital marketing firm based in Miami. He previously founded Zog Digital and iCrossing, according to LinkedIn.
The Reuthers bought the half-acre Coconut Grove property for $1.6 million, records show. They completed the 8,600-square-foot, seven-bedroom, eight-bathroom mansion earlier this year, according to Redfin. The property also has a pool and a guest house, the listing shows.
It hit the market for $13.8 million last year, and the Reuthers upped the price to $15.5 million in March, according to Compass.
Surfside
In Surfside, the former CEO of Universal Studios Japan bought an oceanfront condo at Four Seasons Residences at the Surf Club for $14.5 million.
Records show Glenn and Merrily Gumpel’s GMBM LLC bought unit S-709 in 9001 Collins Avenue from Jay Schreibman, an area chairman for the insurance brokerage Gallagher.
Dustin Nero with Douglas Elliman had the listing, and Bill Hernandez and Bryan Sereny, also with Elliman, brought the buyer.
Glenn Gumpel was the longtime CEO of the Osaka theme park, Universal Studios Japan, until Comcast acquired a majority stake in the park in 2015. It is one of the most-visited theme parks in the entire world, with over 10 million guests every year, according to published reports.
Schreibman bought the Surf Club condo for $6.5 million in 2021, records show. The 2,600-square-foot unit has two bedrooms, three bathrooms and one half-bathroom, according to property records.
Nadim Ashi’s Fort Partners completed Surf Club, designed by Richard Meier and Kobi Karp, in 2017. It includes a 72-key hotel, two 12-story condo buildings, a private club, a Thomas Keller restaurant and four pools.
Schreibman listed the unit for $14.5 million earlier this month, Compass shows.
Wellington
In the equestrian village of Wellington, the former CEO of Subway, Suzanne Greco, sold her 10.3-acre estate for $6.3 million.
Greco’s Gulfstream Farm LLC, a Florida entity, sold the equestrian compound at 13159 57th Place to a Florida entity named for the address and managed by Elizabeth T. Cohen of New York City, records show.
Martha Jolicoeur of Douglas Elliman had the listing, and Suzanne Porter of Engel & Völkers brought the buyer.
Greco’s brother, Fred DeLuca, was the founder of the sandwich chain Subway, which is now the largest restaurant operator in the world. Greco took over as CEO of the company after her brother’s death from leukemia in 2015. She retired from the role in 2018. The Atlanta-based private equity firm Roark Capital Group bought Subway from the family for $9.6 billion in April, according to published reports.
Greco bought the equestrian estate for $5.3 million in 2020, records show. The property spans 10.3 acres, with a four-bedroom, three-bathroom home, three barns totaling 24 horse stalls and a pool, the listing shows.
Greco listed the estate for $7.8 million in April, Redfin shows.