Miguel Porto Real Estate

08/20/2026

A Russian businessman achieved a $50 million return on investment in just four years, after selling his waterfront Miami Beach mansion in an off-market deal.

Ilya Karpov, former general director of one of Russia’s largest grain producers, bought the 2740 North Bay Road property in 2022 for $20.6 million. LLCs tied to Karpov just sold the 0.6-acre, two-story mansion to a trust for $72 million.

The trade is North Bay Road’s most expensive home sale of this year.

Go inside the deal and see what makes the home so pricey at the link in the comments.

08/20/2026

No good deed goes unpunished. Corcoran, Corcoran Sunshine Marketing Group, and Brown Harris Stevens are learning that the hard way, according to a recent lawsuit.

The brokerages are suing developer Circle F Capital for allegedly stiffing their brokers out of $450,000 on commissions for their work on 1 Park Row, even though the brokers agreed to significantly reduce their commission to accommodate the developer’s “purported cash problems.”

The dispute comes as the developer is engaged in other legal battles – which may be linked to the missing cash. Dive into the alleged drama pitting luxury against luxury at the link in the comments.

08/20/2026

A broker with ties to billionaire Citadel CEO Ken Griffin was behind a condo buyout in Miami’s Wynwood district – where Griffin also made a splashy office buy earlier this year.

Broker Mario Borda manages the five companies that carried out the Wynwood Lofts buyout, with 22 units at the 250 Northwest 23rd Street building selling for $919,515 per unit.

Borda worked on Griffin’s behalf for a 2024 Brickell condo buyout, as the billionaire was developing a nearby supertall.

See how the dots may connect at the link in the comments.

07/11/2026

For Sale: 2 bed, 2 full baths Condo located at 7900 Harbor Island Dr Unit 610North Bay Village, FL 33141 for $535,000. MLS # A12050686. Welcome to this beautifully maintained 2-bedroom, 2-bath residence at the prestigious 360 Condominiu...Click to READ MORE

07/01/2026

Silicon Valley's biggest names are bringing record wealth to Florida, helping turn Miami into America's next tech capital.

Billionaire investor Peter Thiel's historic Brickell office lease — and Florida's business-friendly tax climate — are fueling a growing migration of tech founders and companies away from Silicon Valley.

06/26/2026

I have just listed this commercial land for development purposes. The land is situated in an exceptional location near MIA International Airport, The International Mall, and the Turnpike. It offers ample space for constructing a hotel, shopping plaza, office building, or any other similar establishment.

06/23/2026

05/28/2026

Florida Gov. Ron DeSantis has called a special legislative session to pursue a plan that would raise the state's homestead exemption to $250,000, eliminating property taxes for an estimated 60% of Florida homeowners and potentially making Florida the first state with no property taxes.

05/11/2026

What do you think of this amazing apt for sale. DM for details

This 1181 square feet Condo home has 2 bedrooms and 2 bathrooms. It is located at 3301 NE 1st Ave APT H2509, Miami, FL.

05/01/2026

Ken Griffin's Miami tower has a New York subplot. The Citadel billionaire is moving ahead with a 54-story, 1.7 million-square-foot office tower in Brickell, dropping earlier plans for a hotel and doubling down on space for Citadel and Citadel Securities. The project has been in the works for years, part of Griffin’s broader push into South Florida.

Lately, though, the contrast has sharpened. Earlier this month, Mayor Zohran Mamdani stood outside 220 Central Park South — where Griffin owns a record-setting $238 million penthouse — to promote a proposed pieds-à-terre tax. Citadel’s COO called the move “shameful,” and Griffin has since suggested he could walk away from a planned $6 billion office project at 350 Park Avenue.

Miami, meanwhile, is offering fewer headaches and more headroom. Site work is already underway on the bayfront Brickell development, which could become the long-term home for Griffin’s firms.

Read more at the link: https://therealdeal.com/miami/2026/04/28/ken-griffin-expands-office-space-at-planned-brickell-tower/?tpcc=sprout_general&utm_campaign=sprout_general&utm_content=1777501399&utm_medium=The+Real+Deal&utm_source=facebook