SOUTH FLORIDA NEWS

Why The Delmore in Surfside Has Zero Contracts So Far

A 37-unit Zaha Hadid-designed tower is rising on the former Champlain Towers South site in Surfside. Sales launched in January 2025. As of April 2026, zero contracts have been signed. The surrounding market is thriving, so the question is whether this is about the site's history or the pricing.

Key Takeaways

• The Delmore, a 12-story, 37-unit luxury tower designed by Zaha Hadid Architects, has not signed a single contract since sales launched in January 2025.
• Most units are priced between $35 million and $40 million, with penthouses potentially exceeding $150 million.
• The surrounding Surfside market is strong, with condo sales up 57% and average prices up 23% to $6.1 million in Q1 2026.

On June 24, 2021, Champlain Towers South collapsed…

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Living in Boca Raton vs Delray Beach: Which Fits Your Move?

Boca Raton and Delray Beach sit 10 miles apart on Florida's Atlantic coast but attract very different buyers. Here is how the cities compare on home prices, schools, downtown energy, beaches, and what daily life actually looks like.

Quick verdict: Boca Raton vs Delray Beach

Choosing between Boca Raton and Delray Beach comes down to lifestyle fit. Delray Beach is an energetic, walkable beach town built around Atlantic Avenue's restaurants, galleries, and nightlife. Boca Raton is a more polished, planned suburb known for top-rated schools, country clubs, and larger gated homes.

Choose Boca Raton if you want top schools, gated communities, and a quieter pace. Choose Delray Beach if you want a walkable downtown, beach-town energy, nightlife, and…

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Palm Beach Q1 2026: Single-Family Surges, Condos Soften

Q1 2026 data from Corcoran Group and Brown Harris Stevens reveal a bifurcated Palm Beach market. Single-family homes are surging in both volume and price, while condos show more transactions but lower average prices. Land, privacy, and control are winning at the highest end.

Key Takeaways

• Palm Beach Island single-family sales volume rose 36% year-over-year, with average prices up 18% to $19.6 million.
• Palm Beach Island condo volume increased 39%, but average prices fell 14% to $2.4 million.
• West Palm Beach single-family prices jumped 49% to 52%, depending on the source, signaling strong regional demand.

Q1 2026 data from Corcoran Group and Brown Harris Stevens show that Palm Beach is not one market right now. Single-family estate…

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Office-to-Condo: 26 Luxury Units Approved in Downtown Delray

CDS International Holdings, the family office for the late billionaire Carl DeSantis, is converting its downtown Delray Beach office building into 26 luxury condos. The project passed the Planning and Zoning Board 7-0 and received City Commission approval in February 2026.

Key Takeaways

• CDS International Holdings will demolish its two-story office building and replace it with a four-story, 26-unit luxury residential building.
• The Planning and Zoning Board voted 7-0 in early 2026, and the City Commission granted Level 4 Site Plan approval in February 2026.
• The project follows Delray Beach's standard approval process and is led by the DeSantis family office.

CDS International Holdings has received approval to demolish its…

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New 9-Story Luxury Condo Proposed for Downtown Boca Raton

A developer paid $30.1 million for a vacant 1.17-acre site on East Royal Palm Road and has now filed plans for an 82-unit luxury condo. The location is strong. The question is whether pricing and approvals line up.

Key Takeaways

• A developer has proposed a nine-story, 82-unit luxury condo for two combined parcels in downtown Boca Raton, with units averaging 2,340 square feet.
• The land sold for $30.1 million in October 2025, translating to $25.7 million per acre.
• The project is in early staff review with no hearings scheduled yet, and the developer has not been publicly identified.

A developer has submitted plans for a nine-story, 82-unit condominium at 375 East Royal Palm Road in Boca Raton. According to Florida YIMBY, Royal Palm…

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Boca Office Tower Scrapped for Flex-Industrial: Here's Why

A developer acquired land in Boca Raton with an approved 157,900-square-foot office tower ready to build. They killed it. The pivot to flex-industrial tells you everything about where the market is heading.

Key Takeaways

• Butters Group is replacing a previously approved office tower with two 35,800-square-foot flex-industrial buildings in Boca Raton's Park at Broken Sound.
• The same 11.7-acre site will also include 287 apartments from Ram Real Estate, creating a live-work campus.
• Mutual of America Life Insurance sold the site for $23.75 million and is expected to vacate by spring 2026.

In November 2025, New York-based Mutual of America Life Insurance sold its 11.7-acre Boca Raton campus at 1150 NW Broken Sound Parkway for $23.75 million…

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Ritz-Carlton Palm Beach Gardens: 106 Luxury Units Coming

The luxury brand has transformed from popular hotels to in-demand residences. With projects already moving in Pompano and West Palm Beach, this new Intracoastal waterfront development in Palm Beach Gardens is worth watching.

Key Takeaways

• The Ritz-Carlton Residences, Palm Beach Gardens, includes 106 units across three six-story buildings on the Intracoastal Waterway, with pricing from $3.8 million to over $10 million.
• Developer Catalfumo Companies broke ground in January 2024, and the project was 40% sold at topping off in January 2025.
• Spring 2026 delivery is targeted, with a general manager already appointed to oversee operations.

The Ritz-Carlton Residences, Palm Beach Gardens, has entered its final construction phase. According to…

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$105M for Vacant Land: Inside Manalapan's Record Sale

WeatherTech founder David MacNeil assembled a 3.6-acre ocean-to-Intracoastal parcel, demolished both homes, and sold the empty lot for $105 million. It set a record. But the math raises some questions.

Key Takeaways

• David MacNeil paid $94 million total to assemble the parcel and sold it for $105 million, a net gain of $11 million (11.7% return).
• The sale set the all-time record for a land transaction in Manalapan at $29.2 million per acre.
• The buyer, HSH-Sunshine Revocable Trust, remains anonymous and will likely build an estate valued at $150 to $300 million.

David MacNeil, the billionaire founder of WeatherTech with an estimated net worth of $4 billion, just closed the most expensive land sale ever recorded in Manalapan. According…

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Max Scherzer's $23M Jupiter Flip: Profit or Loss?

The three-time Cy Young winner custom-built a waterfront mansion in Admirals Cove, listed it for $36 million, and sold it for $23 million without ever moving in. The headlines say he made $8 million. The math says otherwise.

Key Takeaways

• Max Scherzer bought a teardown lot in Jupiter's Admirals Cove for $14.9 million in 2023 and sold the completed mansion for $23 million in April 2026.
• Construction costs on a custom home of this scale typically run $8 to $12 million, likely erasing any profit on the deal.
• Scherzer never moved in and pivoted to Atlantic Fields, a Discovery Land Company development in Hobe Sound.

Max Scherzer, the three-time Cy Young Award winner now pitching for the Toronto Blue Jays, just closed a $23 million sale on…

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West Palm's North Downtown Gets Another 310-Unit Proposal

Estate Cos. is back with a 15-story follow-up to its already-under-construction Soleste Palm Station. The proposal adds 310 more units to the Brightline corridor, and the review is days away.

Key Takeaways

• Soleste Palm Station Two would add 310 apartments at 411 West Railroad Avenue, near the Brightline West Palm Beach station.
• Phase 1 (321 units in two 8-story towers) is already under construction and targeting Summer 2026 delivery.
• The proposal goes before the Plans & Plats Review Committee on May 14, 2026.

Miami-based Estate Cos. is proposing a 15-story, 310-unit apartment building at 411 West Railroad Avenue in West Palm Beach, the second phase of its Soleste Palm Station development near the Brightline WPB station. According to…

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