In the latest roundup of South Florida luxury residential sales, deals spanned North Bay Village to Wellington, ranging in price from $7.3 million to $11 million.
Miami
Ravi Saligram, longtime CEO of consumer brands giant Newell Brands, sold his condo in Miami’s One Thousand Museum.
Records show Saligram and his wife, Nalini Saligram, sold unit 4202 at 1000 Biscayne Boulevard to Palo Alto, California-based Cooley senior counsel Mark Windfeld-Hansen and his wife, Casey Pak, for $7.3 million.
Esther Percal and Jason Zarco of Berkshire Hathaway HomeServices EWM Realty had the listing, and Christopher Bryan of EXP Realty brought the buyers.
Saligram retired from his role at Atlanta-based Newell Brands, the parent company of RubberMaid, PaperMate and Yankee Candle, in 2023. He and his wife bought the condo for $6 million in 2020. The 4,600-square-foot unit has four bedrooms and five bathrooms, records show. The Zaha Hadid-designed tower was completed in 2019.
The unit hit the market for $7.8 million in May, Redfin shows.
Miami Beach
In Miami Beach, Douglas Elliman agent Oliver Lloyd bought a non-waterfront teardown on La Gorce Island in Miami Beach for $9.5 million.
Records show that Lloyd and his wife, Laurie Lloyd, bought the home at 6625 Brevity Lane from Taryn Pisaneschi and Diana Kogan as trustees of the Lawrence Kogan Trust.
Pisaneschi is an agent with EXP Realty and had the listing.
The Kogans bought the 4.600-square-foot home for $900,000 in 1994, according to property records. The property spans 0.6 acres and was advertised as a development opportunity, Redfin shows. It hit the market for $10 million in May.
The purchase comes on the heels of the Lloyds selling a waterfront Sunset Islands spec mansion for $34.4 million in July.
North Bay Village
A waterfront North Bay Village house sold for $11 million in an off-market deal to an unknown buyer.
Records show 1353 Bay Terrace LLC, a Florida entity managed by Miguel Mendiola, sold the house at 1353 Bay Terrace to Bay Terrace Waterfront LLC, a Delaware company.
The Mendiola-managed entity bought the house for $6.7 million in 2022, according to property records. Built in 1949, it spans 3,200 square feet, three bedrooms and four bathrooms, records show. The property spans 107 feet of waterfront, according to a previous listing.
In July, it listed for rent asking $24,000 per month, Realtor.com shows.
Wellington
In the equestrian village of Wellington, metals mogul Fritz Kundrun and his wife, Claudine Kundrun, sold their longtime estate for $8.3 million.
Records show the Kundruns sold the compound at 15563 Estancia Lane to M. Star Schatten, the owner of Lionsway Farm and an equestrian.
Matthew Johnson of Engel & Voelkers Delray Beach had the listing, and Lauren Brody Partnership Realty brought the buyer.
Fritz Kundrun founded and was the longtime chairman and CEO of American Metals & Coal International, now known as AMCI Group. The firm invests in and runs industrial businesses specializing in natural resources, metals, energy, transportation and infrastructure, according to its LinkedIn.
The Kundruns bought the 10.8-acre estate for $1 million in 2002, according to property records. The compound includes a 5,700-square-foot main house built in 1991 with four bedrooms, five bathrooms, and a gym, the listing shows. The property also has a 12-stall barn, eight paddocks, a round pen, arena, two additional apartments in the stables and a pool, according to the listing.
The Kundruns listed it for $14.5 million in 2022, and dropped the price three times before finding a buyer, Redfin shows.