Miami, FL
Josh Flagg Lists $10 Million Miami Mansion Across from The Beckhams
Josh Flagg
Selling $10 Million Miami Home in Billionaires’ Row
Published
Josh Flagg is cashing in on Miami heat … listing his $10 million estate directly across from The Beckham’s $72.3 million compound … TMZ has learned.
The “Million Dollar Listing” star listed the place ten days ago … a Mediterranean-style estate he gutted and rebuilt with BuiltIN Studio’s Gary Eisner. The 4,000 square foot home on a 10,000 square foot lot features 4 beds, 5 baths, vaulted ceilings, custom steel doors, serious security, and a detached pool house with a sauna and cold plunge.
Josh Flagg
Josh tells TMZ … the home has been rebuilt from the ground up … essentially a brand new house. He says construction is in the final stretch and the buyer will be able to move in within about sixty days.
The property is owned by Flagg Family Capital, the family’s private real estate investment arm, in partnership with Carolwood LP. Headed by Adam Rubin and Andrew Shanfeld.
He says the timing was intentional, saying … “The minute New York elected Mandahmi, I called my broker Jordan Karp. I didn’t even wait for the acceptance speech.” Karp listed the property and his phone’s been blowing up ever since.
North Bay Road, often called the Fifth Avenue of Miami Beach, remains one of the most coveted streets in the country. Flagg’s estate has been completely rebuilt, a rarity in a neighborhood where many homes still date back to the 1930s.
North Bay Road, nicknamed “Billionaires’ Row.” counts David and Victoria Beckham, Michael Bay, Barry Diller and the Von Furstenberg family, and Steve Witkoff among its heavyweight residents with sales regularly topping $70 to $100 million.
Flagg says the Miami rush is predictable. One politician says they’ll “make the rich pay,” and planes at Teterboro start fueling up faster than the Bergdorf sale,” he jokes. “A week later, everyone from Manhattan claims they ‘escaped New York,’ like they tunneled out of Shawshank with a Birkin.”
Josh also bought a place in East Hampton and a commercial building in downtown Manhattan. “I love New York — it’s home half the month,” he says. “I’m just doing business. And I can’t say I’m leaving Miami … I’ve never even spent a night there.”
Miami, FL
Miami-Dade deputies detain elderly father who they say shot and killed his son after a domestic dispute
A 75-year-old man has been detained after Miami-Dade deputies say he shot and killed his son after a domestic dispute in Palmetto Bay.
This happened, according to investigators, at approximately 4:49 p.m. in the area of SW 168th Street and 92nd Avenue.
When deputies arrived, they found the elderly man, who had not yet been identified, and immediately detained him for questioning.
Afterwards, they conducted a security sweep and found an adult male, 47, suffering from an apparent gunshot wound.
Deputies say this isn’t the first time they have responded to the home.
“We have responded to this particular residence in the past due to mental health-type incidents,” MDSO PIO Detective Argemis “AC” Colome said.
Deputies say the dispatcher heard a dispute happening over the phone during the 911 call, but it’s unclear what led to the shooting and who was having the mental health crisis.
“The individual who shot was the father, and the male deceased on the scene was the son,” Colome said.
Neighbors reacted to this family tragedy with shock.
“So sad, a little bit concerned cause maybe you’re, you know, you’re staying somewhere, and you don’t know what’s actually happening at the other houses,” Giorgos Kollilekas, who lives in the area, said.
Colome said that there is no danger to the community as this was the result of a domestic dispute.
“There’s always help, please, there’s a lot of hotlines, there’s a lot of numbers. You can call us. At the end of the day, getting help early can mitigate situations like this,” Colome said.
No other information has been released, including the identities of those involved or what caused the dispute.
The investigation is ongoing.
Miami, FL
Cain, Kushner launch South Florida JV with plans for Edgewater rental tower
Cain and Kushner are launching a South Florida real estate joint venture, planning a luxury apartment tower in Edgewater for their first project, The Real Deal has learned.
London-based Cain, led by Jonathan Goldstein, and New York-based Kushner, led by Laurent Morali and Nicole Kushner Meyer, plan a 40-story, 364-unit project on Cain’s 1.5-acre site at 614 and 720 Northeast 27th Street in Miami, according to a news release. The property is near the Missoni Baia condo tower that Cain co-developed with Vlad Doronin’s OKO Group.
BDT & MSD Partners provided a $42 million loan for the project, which is in the pre-development phase. Construction is expected to start late next year, the release says.
The Cain-Kushner JV is targeting residential and mixed-use investments and developments in the tri-county region.
“We are looking at all opportunities that we think are sensible,” Goldstein said.
Their South Florida JV comes as the region is experiencing another influx of out-of-staters after the pandemic-era boom, only this time the in-migration is primarily of wealthy individuals and their companies amid the blue-to-red-state migration.
Yet, Cain and Kushner’s plans for Edgewater apartments come as the multifamily market has softened due to hefty deliveries in recent years. A record 18,600 units were completed in 2024, outpacing leasing that year by about 20 percent, CoStar Group data shows. Although construction starts have slowed, last year’s 12,718 unit completions still surpassed total leasing for the year by about 1,000 apartments.
It has led to slower lease-ups, more concessions and a drop in the average asking rents across South Florida.
Developers starting projects now have said demand will catch up by the time they finish their buildings, with many adding that South Florida remains a strong apartment market. Many are betting on luxury rentals, which CoStar’s data showed made up the bulk of leasing in recent years.
“We are big believers in South Florida and big believers in Miami,” Goldstein said.
Cain, backed by Todd Boehly’s Eldridge Industries, has been investing in South Florida for nearly a decade, with the JV in some ways marking its second chapter in the region.
Cain’s most recent project is the Delano Miami Beach renovation. The hotel, which closed in 2020, is expected to reopen in time for the Formula 1 Miami Grand Prix early next month.
Aside from the Missoni Baia condo tower, Cain also partnered with OKO on the Una Residences condo tower in Brickell and the 57-story 830 Brickell office tower. The office building was completed in 2024 fully pre-leased, catching a demand surge during the pandemic-era in-migration of out-of-state companies to Miami. Cain also is an investor in Doronin’s hospitality firm Aman Group.
Kushner has a presence in Miami’s Edgewater, completing the 37-story, 420-unit apartment tower at 2000 Biscayne Boulevard in 2024, with plans for more residential development next-door at 1900 Biscayne Boulevard. It also purchased the 276-unit Hamilton apartment building at 555 Northeast 34th Street from Aimco.
Elsewhere, Kushner plans a 932-unit multifamily development at 300 West Broward Boulevard in Fort Lauderdale. It borrowed a $115 million construction loan last year for a luxury 68-unit apartment project in Surfside. And it scored approval in October for a 470-unit rental building and synagogue development near Hollywood’s Seminole Hard Rock Hotel and Casino.
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South Florida
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Miami, FL
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