South Florida CEO

Privacy reigns as homes in gated communities fetch top dollar

Privacy reigns as homes in gated communities fetch top dollar – Real Estate: Home Sales

* Coral Gables: Richard J. and Ana Diaz paid $3.6 million ($781 per square foot) for a 4,611-square-foot house at 555 Reinante Ave. in Coral Gables’ Old Cutler Bay community. Dora Ann Pollock sold the house, which fronts Old Cutler Bay, as representative of the estate of Lewis Goodman.

* Miami Beach: A waterfront home at 1511 W. 27th St. in Miami Beech’s Sunset Islands Two sold for $3.64 million ($550 per square foot) to Wayne M. and Leslie Pathman. Sellers Georges C. St. Laurent Jr., father of Vitech America founder Georges C. St. Laurent III, and his wife Eleanor St. Laurent had purchased the 5,613-square-foot home on .45 acres for $3.15 million in June 2000.

* Bat Harbour: Vincent Apice paid $6.6 million ($954 per square foot) for a 8,746-square-foot home on Biscayne Bay at 240 Bal Bay Dr. in Bal Harbour. AGMO Holdings, whose president is Yair Oren, sold the house for the 22nd highest price ever fetched in Miami-Dade County.

* Golden Beach: Antonio and Jean Tirone sold their 4,455 square-foot oceanfront home, at 365 Golden Beach Dr., to JPFVI LLC for $4.3 million ($965 per square foot).

* Las Olas River House: New River Capital Partners managing partner Steve Berrard has signed a $3 million contract ($526 per square foot) for the 5,200 square-foot, two-story penthouse at Las Olas River House, the Richard Zipes development on the New River in downtown Fort Lauderdale.

* Nurmi Isles: Las Olas River House developer Richard D. Zipes paid $2.75 million ($440 per square foot) for a 6,359-square-foot canalfront home at 112 Nurmi Dr. in Fort Lauderdale’s Nurmi Isles development. Seller 112 Nurmi Drive Inc. paid $2.79 million for the home in February 2002.

* Harborage Isle: A 11,471-square-foot home at 6 Harborage Isle Dr. in Fort Lauderdale sold for $10.07 million ($877 per square foot), the third-highest price ever fetched in Broward County. Terry R. and Cynthia Taylor purchased the house, which sits on two lots fronting the New River, from owner Ronald N. Tutor, who had bought it out of receivership for $7.2 million in February 2001.

* Jupiter: Pop star Celine Dion sold her 15,000 square-foot home in Jupiter’s Admiral’s Cove development to Richard Santulli, founder of New Jersey-based time-share jet company Net-Jets, and his wife Margaret Santulli. The couple paid $20 million ($1,333 per square foot) for the furnished manse, which Dion had built on a lot she purchased for $625,000 in 1996.

COPYRIGHT 2002 Americas Publishing Group

COPYRIGHT 2003 Gale Group