In the latest roundup of South Florida luxury home sales, listings stretched from North Bay Village to Wellington and ranged from $7.3 million to $11 million.
Miami
Ravi Saligram, longtime CEO of consumer goods giant Newell Brands, has sold his condo at One Thousand Museum in Miami.
Records show that Saligram and his wife, Nalini Saligram, sold apartment 4202 at 1000 Biscayne Boulevard for $7.3 million to Cooley’s Palo Alto, California-based lead attorney, Mark Windfeld-Hansen, and his wife, Casey Pak.
Esther Percal and Jason Zarco of Berkshire Hathaway HomeServices EWM Realty had the listing and Christopher Bryan of EXP Realty brought the buyers.
Saligram left his job at Atlanta-based Newell Brands, the parent company of RubberMaid, PaperMate and Yankee Candle, in 2023. He and his wife bought the condo in 2020 for $6 million. The 4,500-square-foot unit has four bedrooms and five bathrooms, according to records. The tower, designed by Zaha Hadid, was completed in 2019.
As Redfin shows, the unit came on the market in May for $7.8 million.
Miami Beach
In Miami Beach, Douglas Elliman agent Oliver Lloyd purchased a non-waterfront demolition home on La Gorce Island in Miami Beach for $9.5 million.
Records show that Lloyd and his wife, Laurie Lloyd, purchased the home at 6625 Brevity Lane from Taryn Pisaneschi and Diana Kogan as trustees of the Lawrence Kogan Trust.
Pisaneschi is a broker with EXP Realty and had the offer.
The Kogans bought the 4,500-square-foot home in 1994 for $900,000, property records show. The property sits on 0.6 acres and was advertised as a building lot, Redfin shows. It hit the market in May for $10 million.
The purchase came shortly after Lloyds sold a waterfront luxury villa on the Sunset Islands for $34.4 million in July.
Village of North Bay
A waterfront home in North Bay Village was sold in an off-market deal for $11 million to an unknown buyer.
Records show that 1353 Bay Terrace LLC, a Florida company run by Miguel Mendiola, sold the home at 1353 Bay Terrace to Bay Terrace Waterfront LLC, a Delaware corporation.
The company managed by Mendiola bought the home in 2022 for $6.7 million, property records show. Built in 1949, the home has 3,200 square feet of living space and has three bedrooms and four bathrooms, records show. According to a previous listing, the property spans 107 feet of waterfront.
As Realtor.com shows, the rent was offered at $24,000 per month in July.
Wellington
In the equestrian village of Wellington, metal magnate Fritz Kundrun and his wife Claudine Kundrun sold their long-time estate for $8.3 million.
Records show that the Kundruns sold the property at 15563 Estancia Lane to M. Star Schatten, owner of Lionsway Farm and horseman.
Matthew Johnson of Engel & Voelkers Delray Beach had the offer and Lauren Brody Partnership Realty brought the buyer.
Fritz Kundrun was the founder and long-time chairman and CEO of American Metals & Coal International, now AMCI Group. The company invests in and operates industrial companies specializing in natural resources, metals, energy, transportation and infrastructure, according to LinkedIn.
The Kundruns purchased the 10.8-acre property in 2002 for $1 million, according to property records. The compound includes a 5,700-square-foot main house built in 1991 with four bedrooms, five bathrooms and a gym, according to the listing. The property also features a 12-stall stable, eight paddocks, a round pen, an arena, two additional apartments in the stables and a pool, according to the listing.
As Redfin shows, the Kundruns listed it for $14.5 million in 2022 and lowered the price three times before finding a buyer.
