SOUTH FLORIDA NEWS - December, 2025

West Palm Beach Luxury Real Estate Leads U.S. in Growth

West Palm Beach has emerged as the epicenter of luxury real estate growth in the United States, capturing national attention with its dramatic price appreciation over the past decade.

According to a recent Redfin report analyzing the 50 largest U.S. metros, luxury home prices in West Palm Beach surged 187.3% from October 2015 to October 2025. The median sale price for a luxury home rose from approximately $1.4 million to over $4 million (precisely $4.04 million), making it the fastest-growing luxury market in the country, far outpacing the national average increase of 82.5%.

This remarkable growth is not merely a fleeting trend. Over the past five years alone, luxury prices in the area climbed an additional 105%, placing West Palm Beach among the…

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Palm Beach Real Estate Steals the Show in Netflix’s ‘Members Only’

Netflix's captivating new reality series, Members Only: Palm Beach, delivers an exclusive glimpse into the lavish lifestyles, intricate social hierarchies, and high-stakes drama of Florida's most affluent enclave. This eight-episode docu-series premieres globally on Netflix on December 29, venturing behind the gates of Palm Beach County's private clubs and elite circles.

The show spotlights five influential women, Hilary Musser (a self-made real estate developer), Taja Abitbol, Rosalyn Yellin, Ro-mina Ustayev, and Maria Cozamanis, as they maneuver through charity galas, luxurious couture, friendships, rivalries, and the ever-shifting power dynamics where status reigns supreme.

Viewers can expect over-the-top opulence, including stunning oceanfront…

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Fort Lauderdale Real Estate Development Gets $10M Public Loan

A major project is moving forward with significant public support aimed at reshaping one of the city's emerging neighborhoods. This Fort Lauderdale real estate development, backed by a $10 million forgivable loan from the city’s Community Redevelopment Agency (CRA), will rise on a full city block within Progresso Village, just west of Flagler Village. The development blends private investment, public funding, affordable housing in Fort Lauderdale, and community transformation, all on 2.48 acres of assembled land.

Though many details are already confirmed, including unit count, affordability commitments, and architectural plans, construction won’t begin until 2026. In the meantime, the project is drawing attention for its unusual combination of funding…

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New York Company Sells Land for $24M Boca Raton Redevelopment

Mutual of America Life Insurance Company, a New York-based financial firm, has sold its 11.7-acre campus in Boca Raton for $23.75 million. A major shift is underway in the Boca Raton redevelopment scene.The buyer? A partnership made up of Palm Beach Gardens-based Ram Real Estate, Coconut Creek-based Butters Construction & Development, and Fort Lauderdale's Altman, a subsidiary of BBX Capital Corp.

Located at 1150 NW Broken Sound Parkway, this deal marks the beginning of a major Boca Raton real estate transformation. Instead of expanding their presence in Boca with a new corporate headquarters, Mutual of America decided to pull back and lease space elsewhere. This opened the door for a new, mixed-use redevelopment plan to take shape.

What the…

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New Palm Beach County Senior Housing Development to Add 140 Affordable Units

Palm Beach County is one of Florida's fastest-aging regions, with 21.8% of residents over age 65, according to the U.S. Census Bureau. But as the senior population grows, the number of affordable housing options is not keeping up. That’s why the launch of a new $54 million project, Waterview Apartments in Mangonia Park, is big news for the county.

The project, led by developers Rich Global and nonprofit partner Sun Foundation, aims to create 140 affordable, ADA-compliant units for seniors and disabled adults living on limited incomes. It's a step forward in solving the shortage of Palm Beach County senior housing.

Why Palm Beach County Needs More Senior Housing

The Rising Senior Population

Florida ranks among the top states for aging…

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Stone Creek Ranch Delray Beach: How an Inland Community Became a Billionaire Bunker

While most picture Florida's billionaires on oceanfront beaches with mansions and yachts, the true hub of ultra-exclusive wealth is inland. West of Delray Beach on former farmland, Stone Creek Ranch, a serene 187-acre gated enclave with just 37 estate homes on at least 2.5 acres each, surrounded by private lakes and lush landscapes, has become Palm Beach County's most coveted sanctuary.

Protected by 24-hour manned security, armed guards, and private gates, this community prioritizes unparalleled privacy over coastal visibility. No golf clubs or public access means fewer intrusions, and its inland location shields residents from boaters or beachgoers. 

What was once quiet farmland has transformed into a billionaire magnet, attracting high-profile…

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Adderly Cove's Bold Vision for Affordable Housing in Pompano Beach

There’s an 8.6-acre patch of grass in the Liberty Park neighborhood that could help shape who actually gets to live in Pompano Beach over the next decade. It may look like just a rezoning request, but “Adderly Cove” represents a much bigger push for affordable housing in Pompano Beach, a growing priority as local rents soar and wages struggle to keep up.

What Is Adderly Cove?

Adderly Cove is a new proposed development led by the Pompano Beach Housing Authority, aiming to bring 96 affordable homes to a long-vacant property on the east side of NW 6th Avenue and NW 16th Court. Unlike luxury apartments, these homes are specifically reserved for residents earning up to 80% of Broward County’s area median income (AMI).

Site Highlights:

• 96…

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Rockstar Energy Billionaire Builds South Florida Luxury Real Estate Empire

A man who built an energy drink empire is now building something else entirely: one of the most impressive luxury real estate portfolios in South Florida.

After selling Rockstar Energy to PepsiCo in a multibillion-dollar deal, Russell Weiner, now known as Russell Savage, turned his attention to South Florida luxury real estate. What began as a quick flip in North Palm Beach has grown into a bold and strategic acquisition of ultra-luxury properties stretching from Delray Beach to Star Island in Miami Beach.

Who Is Russell Savage, Formerly Russell Weiner?

Russell Weiner founded Rockstar Energy in 2001 and grew it into one of the most recognized energy drink brands in the world. In 2020, he sold the company to PepsiCo for a reported $4+ billion.…

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EB-5 Visa Program Expiration Threatens South Florida Projects

For over a decade, this federal program has been a critical funding tool for large-scale real estate developments across the region. By attracting international investors seeking U.S. residency, EB-5 capital has helped fill major financing gaps for high-rise condos, hotels, and mixed-use projects.

The EB-5 visa program expiration is putting pressure on South Florida developers and foreign investors. But with key expiration dates approaching in 2026 and 2027, developers are rushing to secure EB-5 commitments, and investors are eager to file before new restrictions or cost increases take effect. If the program is not renewed, the funding model for many future projects in South Florida could change dramatically, leading to fewer developments, higher…

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Atlantico Pompano Beach Could Bring 75 New Condos to Downtown

A New York investment group has set its sights on downtown Pompano Beach, proposing a mid-rise condo development that could reshape part of East Atlantic Boulevard. Called Atlantico Pompano Beach, the project aims to bring 75 new condo units and over 3,100 square feet of retail space to one of the city's busiest corridors.

Located at 2217–2233 East Atlantic Boulevard, the half-acre site sits directly across from the McNab House and Botanical Gardens, a major public revitalization effort. If approved, Atlantico would become one of the latest infill projects in Pompano Beach's growing downtown district.

Inside the Plans for Atlantico Pompano Beach

Atlantico Pompano Beach is planned for three parcels on the south side of East Atlantic Boulevard, in…

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