SOUTH FLORIDA NEWS - Larry Mastropieri

E11EVEN Miami Expands to 1,000 Units After 90-Day Sellout

PMG sold out the first tower in roughly two months. Now the second tower is topping out, and the nightlife brand has become a real estate empire. This is either everything you love or everything you hate about Miami.

• E11EVEN Club Hotel & Residences (Tower 1) delivered in June 2026 with roughly 457 units.
• E11EVEN Residences Beyond (Tower 2) is topping out and will add approximately 550 more units in 2027.
• Combined, the two towers bring roughly 1,000 residences to downtown Miami's Park West district.

E11EVEN is not just a condo project. It is a nightlife brand turned into a residential tower, hotel concept, and Miami lifestyle asset. PMG took a warehouse district, attached it to one of the city's most recognizable 24/7 clubs, sold the…

180 Views, 0 Comments

Inside Trump's South Florida Portfolio: $265M in Revenue

Mar-a-Lago, Doral, Jupiter, and West Palm Beach together account for about a tenth of the president's reported 2025 income.

Key Takeaways

• Four South Florida properties reportedly brought Donald Trump about $265 million in 2025, roughly a tenth of his reported total income.
• The figures come from a federal disclosure and reflect revenue, not profit, so they do not show whether the properties make money.
• The Trump Organization holds approval for 1,498 condos at Trump National Doral, its first self-developed South Florida project since 2012.

President Trump's four South Florida properties generated roughly $265 million in the first year of his second term, according to his latest federal financial disclosure as reviewed by the Miami…

528 Views, 0 Comments

Giants Co-Owner Drops $12.5M on a 1982 Palm Beach Condo

The New York Giants co-owner and his wife bought into a six-residence building on Sunset Avenue that has quietly collected NFL ownership. The seller's family had paid $2.1 million for the same unit in 1993.

Key Takeaways

• Daniel Tisch, a New York Giants co-owner, and his wife Bonnie Tisch paid $12.5 million for a penthouse at Leverett House in Palm Beach.
• The 4,600-square-foot unit traded for roughly $2,712 per square foot in a building that was built in 1982.
• New England Patriots owner Robert Kraft bought into the same six-unit building in 2022, and a member of the Pittsburgh Steelers' Rooney family owns there too.

NFL ownership money keeps finding its way to Palm Beach, and one small building keeps catching it! According to The Real…

241 Views, 0 Comments

Fort Lauderdale Approves $217M City Hall. Is It Too Much?

Commissioners trimmed $50 million from the plan and still approved a $217.1 million City Hall plan on a 3-2 vote. Two of them thought it was still too much.

Key Takeaways

• Fort Lauderdale gave preliminary 3-2 approval to a new $217.1 million city hall, down from the original $268 million plan.
• The developer scrapped a $12 million fee and a 10% equity stake, cutting annual payments to $15.8 million a year for 30 years.
• The vote is preliminary and does not bind the city, which can still explore buying an existing downtown building instead.

"Great cities have great city halls". That was the pitch. The question every Fort Lauderdale taxpayer is now asking is what a great city hall should cost. According to The Real Deal, commissioners…

168 Views, 0 Comments

Anatomy of a Foreclosure: The Hillsboro Beach Resort Story

An 81-unit oceanfront hotel went from a $26 million loan to a $40 million foreclosure judgment in just over two years. Here is how it happened, and what every real estate investor needs to understand about the foreclosure process.

• The Hillsboro Beach Resort was scheduled for foreclosure auction on July 16, 2026, after its ownership defaulted on a $26 million loan.
• The final judgment grew to $40 million after accrued interest, fees, and lender advances for unpaid taxes and insurance.
• BH3 Management stated the matter was "amicably resolved" with a confidential settlement before the auction.

The Hillsboro Beach Resort is a perfect example of how quickly a luxury real estate asset can turn into a debt problem. A new oceanfront hotel on prime…

680 Views, 0 Comments

Larry Mastropieri Recognized as Top Realtor for Luxury Homes in South Florida by Clever Real Estate

Fewer than 1% of licensed South Florida agents clear Clever Real Estate's Top Local Pro threshold inside any given verification cycle. Larry Mastropieri sits inside that narrow band as one of the region's top luxury Realtors. Clever attached the Luxury Homes highlight tag to his profile alongside eight additional badges. Meanwhile his verified book covers 242 recent closings across a $55K-to-$9.2M price range, while his broader South Florida career book has crossed 2,000+ closings and $1 billion in cumulative sales volume across 20+ years.

A 5-star rating on 350 Zillow reviews sits underneath the volume figure, gathered across 22+ years of continuous practice. This article decodes what the Top Local Pro badge represents. It also unpacks the criteria…

108 Views, 0 Comments

West Palm Point: The Office Tower That Survived Foreclosure

Charles Cohen's 25-story, 400,000-square-foot tower just landed a $180 million construction permit after years of lawsuits and a foreclosure fight. 

Key Takeaways

• A $180 million construction permit was issued for West Palm Point in July 2026, the week's second-largest in South Florida behind Miami Freedom Park.
• The project survived a $10 million foreclosure suit that was dismissed in January 2026, with the loan later reassigned to a new lender.
• Roughly a quarter of the building is already spoken for through leases, reservations, and letters of intent, before ground has even broken.

If you have driven into downtown West Palm Beach from the west, you probably know this site. It is the big parking lot at Okeechobee and Quadrille: a full…

268 Views, 0 Comments

The Sutton Brings 432 Apartments to Palm Beach Gardens

Kolter Group and Boston private equity firm Rockpoint are building a Class A rental community on a site that has been vacant for nearly 20 years. Institutional capital is betting that northern Palm Beach County needs more apartments.

• The Sutton is a 432-unit, five-story apartment community planned for Palm Beach Gardens.
• Kolter Group and Rockpoint formed a joint venture with a $107.8 million construction loan from PNC Bank.
• The project includes 54 workforce housing units and is expected to deliver in 2028.

Delray Beach-based Kolter Group is back in our coverage for the second time this month. This time, they have partnered with Rockpoint, a Boston private equity firm, to build The Sutton in Palm Beach Gardens. According to Rockpoint's…

175 Views, 0 Comments

Larry Mastropieri Ranked Among the Fastest Selling Realtors in Boca Raton by RealEstateAgents.com

The Boca Raton residential market posted a 44-day citywide median through May 2026. That figure comes from Zillow's most recent read on days on market Boca Raton conditions. Larry Mastropieri's personal book across the same window came in at 31 days on his RealEstateAgents.com profile. His 13-day margin under the local baseline earned him the RealEstateAgents.com Sells Homes Fast 2025 recognition. According to RealEstateAgents.com, Larry's platform record shows 165 sales in the last 12 months and 582 all-time transactions. His broader South Florida career runs to 2,000+ closed homes and $1 billion+ in verified sales volume across 20+ years. The badge sits on his individual agent profile alongside Top Boca Raton Agent 2025 and the firm's Top Boca Raton…

91 Views, 0 Comments

La Fontana Co-op Sells for $200M as West Palm Buyouts Continue

Orlando developer Chuck Whittall is under contract for a 140-unit waterfront building on North Flagler Drive. With no vacant land left, aging co-ops and condos have become the last development sites.

• La Fontana is a 140-unit co-op built in 1961 at 2800 North Flagler Drive in West Palm Beach.
• Chuck Whittall's Unicorp National Developments is under contract for close to the $200 million asking price.
• The deal works out to roughly $1.4 million per unit, and it could close sometime in 2027.

West Palm Beach's waterfront land grab has moved to the buildings already standing on it. According to The Real Deal, Orlando developer Chuck Whittall is under contract to buy La Fontana, a 140-unit co-op at 2800 North Flagler Drive, for close to its $200…

438 Views, 0 Comments