South Florida saw several notable real estate transactions recently, with both residential and commercial properties changing hands at significant prices.
In Palm Beach, a home at 143 Clarendon Avenue sold for its full asking price of $25 million. The sellers were William Rickman, a real estate investor, and his wife Marcia Rickman. The buyer was an LLC managed by Linnette Miller and Robert Miller, who is identified as a developer. The property dates back to 1924 and spans 7,600 square feet with five bedrooms and eight bathrooms. Carole and Brett Koeppel from Sotheby’s International Realty listed the property in November for $25 million.
On the commercial side, Dalfen Industrial sold a warehouse complex at 1673 and 1715 Meathe Drive in Palm Beach County for $79.6 million to Boston-based Cabot. This sale marks a 31.4 percent increase over its previous purchase price of $60.6 million in 2021. The Turnpike Logistics Center consists of two buildings—one measuring 124,500 square feet and another at 193,000 square feet—with the deal amounting to about $251 per square foot.
Other residential deals included Todd Wider purchasing a single-family home at 9505 Southwest 63rd Court in Pinecrest for $10.7 million from an LLC managed by Alex A. Rogers. The mansion covers about 10,200 square feet on a 1.1-acre lot with five bedrooms, six full bathrooms, two half baths, a pool, elevator, and fruit trees. It was originally listed last June for $11.5 million.
Additionally, Dmitrii Khasanov and Ekaterina Khasanova bought a home at 13225 Arch Creek Terrace in North Miami for $7.5 million from a trust after it was listed slightly over a year ago for $10.8 million. The house has six bedrooms and five-and-a-half baths within its corrected size of 4,547 square feet.
Recent data suggests that buyers currently have more leverage across most major U.S. metro areas except San Francisco. In the fourth quarter of 2025, San Francisco stood out as the only top-20 metro where homes sold above their asking prices; its average sale-to-list ratio reached 104.7 percent according to Redfin’s analysis.
A correction was issued to clarify the actual square footage of the North Miami property mentioned above.
