SOUTH FLORIDA NEWS - June, 2026

RealTrends Ranked Larry Mastropieri Among the Best Real Estate Agents in Florida

RealTrends Verified has placed Larry Mastropieri at #4 in Florida by transaction sides on its latest published rankings. The 2025 closing data behind that placement shows 219 verified closings and $104.51 million in total sales volume. Average home price across the cycle ran about $477,200. RealTrends awarded three honors in the same cycle: Top Agent by Sides, Top Agent by Volume, and The Thousand by Sides. The Boca Raton-based Broker/Owner separately holds #1 in his home city through ListWithClever's independent tracker of 646 active agents. This guide covers how RealTrends measures performance, why the methodology matters, and what the rankings mean for South Florida buyers and sellers in 2026.

Key Takeaways from the Article

• Larry Mastropieri…

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Palm Beach Mansion Tripled in Value and Just Sold for $43M

A 1928 Maurice Fatio estate in the Estate Section of Palm Beach Island traded for $43.25 million in June 2026. The seller paid $13.96 million in 2017, meaning this property more than tripled in value in under a decade.

Key Takeaways

• The 9,853-square-foot mansion at 115 Via La Selva sold for $4,390 per square foot.
• The buyer is Thomas J. Swan III, co-CEO of a 90-year-old Boston manufacturing and real estate company.
• Palm Beach Island now has at least 58 billionaires and averages 84% cash transactions.

If you want to understand what is happening in Palm Beach real estate right now, look at this sale. A nearly 100-year-old mansion, designed by one of the island's most legendary architects, just changed hands for more than triple what the…

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Jack Nicklaus Transforms Lake Worth Course Into Private Club

At 86, Jack Nicklaus is partnering with Dodgers owner Mark Walter to build Nokosi, a private golf club on a shuttered 153-acre course in western Palm Beach County. Here is what we know about the project and how it fits the region's ultra-private club wave.

Key Takeaways

• The former Sherbrooke Golf & Country Club site sold for $15 million in October 2025.
• Gary Nicklaus (Jack's son) will lead operations and development for the new club.
• Nokosi joins a wave of ultra-private golf clubs launching in northern Palm Beach County.

When a shuttered golf course in Lake Worth traded for $15 million last fall, the buyer was a Delaware LLC that revealed little. Now we know what is happening. Jack Nicklaus, the greatest major champion in golf…

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Pebb Capital Plans 350-Unit Project in West Palm Beach

The developer behind Sundy Village in Delray Beach has set its sights on S Dixie Highway, targeting a site that currently houses the Palm Beach Post. Beyond the 350-unit headline, there's a more detailed story worth understanding.

Key Takeaways

• Pebb Capital is proposing a 350-unit mixed-use development on a site it purchased for $53 million in 2024.
• The project went before West Palm Beach's Plans and Plats Review Committee on May 14, 2026, as a pre-application meeting.
• No formal application has been filed yet, and no vote was taken.

According to Florida YIMBY, Pebb Capital is proposing a mixed-use development at 2715 S Dixie Highway and 501 Monceaux Road in West Palm Beach. The 11.6-acre site currently hosts five buildings totaling…

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Celine Dion's $20M Jupiter Estate Finds a Buyer

A $20 million listing in Jupiter's Admirals Cove went under contract at full asking price, and it did not take long. The property was once home to Celine Dion and her late husband René Angélil.

Key Takeaways

• The 14,749-square-foot estate went under contract during the week of May 11-17, 2026.
• Admirals Cove is a gated Jupiter community known for attracting celebrities, athletes, and high-net-worth buyers.
• The property was the highest-priced pending deal in Palm Beach County that week.

According to The Real Deal, the former waterfront estate of Celine Dion and her late husband René Angélil at 370 Eagle Drive in Jupiter's Admirals Cove has gone under contract at its $20 million asking price.

The property led all pending luxury deals…

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Why Ocean Ridge Is the Barrier Island Market to Watch

Most buyers know Gulf Stream and Manalapan. Fewer know Ocean Ridge, a purely residential barrier island town quietly offering the same oceanfront lifestyle at a fraction of the price.

Key Takeaways

• Ocean Ridge is a purely residential barrier island town with no hotels, resorts, or commercial corridors.
• Median sold prices rose 38% year over year in December 2024, reaching $2.1 million.
• Listings often misattribute Ocean Ridge to Boynton Beach, keeping prices below those in neighboring Gulf Stream.

The South Palm Beach County barrier island runs along A1A through a string of small, incorporated municipalities: South Palm Beach, Highland Beach, Gulf Stream, Delray Beach, Ocean Ridge, Briny Breezes, and Manalapan. Each town has its own…

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World Cup 2026 Brings Foreign Buyers to South Florida

Brokers are throwing watch parties and dangling match tickets to close deals during the soccer tournament. The games are speeding up buyers who were already circling, not creating them… yet.

Key Takeaways

• Global buyers accounted for 52% of sales across 66 South Florida new-construction projects from January 2024 to October 2025, and 86% of these buyers were Latin American.
• International buyers spent about $10.4 billion on Florida real estate in 2025, up from $7.1 billion in 2024.
• Miami hosts seven World Cup matches at Hard Rock Stadium between June 11 and July 19, 2026, drawing a surge of overseas visitors and, in turn, potential investors.

The World Cup has arrived, and South Florida brokers are not only chasing match tickets. They…

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What Happens to Real Estate If Brightline Goes Bankrupt?

Brightline is buried under more than $2 billion in debt and has been deferring interest it cannot easily cover, with a bankruptcy filing now on the table. For South Florida, the real question is what happens to the property values that the "Brightline Effect" helped push up.

Key Takeaways

• Brightline has deferred $117 million in interest and carries more than $2 billion in debt, with default a real risk.
• The trains are expected to keep running even through a bankruptcy, because operating costs are covered.
• A restructuring could shift ownership and change pricing or expansion plans, which matters for transit-oriented projects.

South Florida's high-speed rail has a funding problem. As of June 2026, Brightline is short on cash, carrying…

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Hallandale Beach's Greenzone: 278 Units on Big Easy Site

A 278-unit rental project is planned for 3.1 acres that was once a parking lot for the Big Easy Casino. The two eight-story buildings would bring rooftop amenities, pickleball courts, and ground-floor retail to a corridor gaining momentum.

Key Takeaways

• Greenzone proposes two eight-story buildings with 278 apartments and approximately 17,745 square feet of retail.
• Billionaire Jeffrey Soffer sold the land as part of a larger transaction from his Big Easy Casino holdings.
• Hallandale Beach's development pipeline includes several other multifamily and condo projects.

According to The Real Deal, Kadima Developers and Persea Ventures are planning a development called Greenzone at 501 NE 7th Street in Hallandale Beach. The site was formerly…

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Pier Sixty-Six Expands: 339 Residences in Four New Towers

Tavistock Development Company has unveiled Phase II of Pier Sixty-Six, adding four 23-story towers and 339 luxury residences to the historic Fort Lauderdale waterfront. The expansion includes office space, retail, marina improvements, and a new public waterfront promenade.

Key Takeaways

• Tavistock announced Phase II of Pier Sixty-Six in May 2026, proposing four 23-story towers with 339 residences.
• The expansion covers approximately 8 acres and includes office, retail, dining, and expanded marina facilities.
• Phase I reopened in January 2025 with a 325-room luxury resort, 88 residences, and restored marina amenities.

According to Florida YIMBY, Tavistock Development Company has unveiled Phase II of Pier Sixty-Six, a mixed-use expansion…

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