“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.
If records are meant to be broken, 2025 may already be a record-breaking year when it comes to real estate prices throughout the region. From Jupiter to Miami Beach, deep-pocketed buyers are happily shelling out eight figures for the choicest homes on the market, eclipsing the (previously) highest neighborhood-specific prices by many millions. Is there a figurative ceiling to this literally incomparable trend? We explore in this edition of “South Florida by the numbers.”
$32M
Price of an 8,024-square-foot Allison Island spec mansion that broke the record for the highest-priced sale in the Miami Beach enclave in February. The previous record holder was its next-door neighboring house, which rapper Lil Wayne sold in 2023 for $22.5 million. [TheRealDeal]
$36M
Price of a 7,650-square-foot Miami Beach oceanfront home sold in February by Sedanos Supermarkets CEO Agustin Herrán, breaking the record for the highest-priced sale in the 12-home Altos del Mar gated community. The previous record price in the neighborhood was $25.5 million. [TheRealDeal]
$48M
Price of a fully furnished 16,300-square-foot Bears Club mansion purchased in February, making it the most expensive home ever sold in Jupiter (and inland Palm Beach County.) Records show that the sellers bought the 2.4-acre Bears Club property for $6 million in 2018. [TheRealDeal]
$85M
Price of a 20,500-square-foot mansion purchased in January, shattering the record for Miami’s Bay Point community, north of Edgewater and the Miami Design District. The previous Bay Point record price was set in 2023, with the $38.5 million sale of a smaller mansion. The current record holding home sits on 1.7-acres of waterfront land, with 11 bedrooms, 12 bathrooms and four half-bathrooms. [TheRealDeal]
This column is produced by the Master Brokers Forum, a network of South Florida’s elite real estate professionals where membership is by invitation only and based on outstanding production, as well as ethical and professional behavior.