Naftali Group Chairman and CEO Miki Naftali and Informa President of US Boat Shows Andrew Doole spoke with Fox News Digital about guiding businesses to the Sunshine State.
Coastal Florida led the nation’s most expensive home sales in December, topped by a $101.5 million Miami estate linked to Google co-founder Larry Page, according to a new report from real estate firm Redfin.
The Biscayne Bay compound at Coconut Grove covers 4.5 acres in one of Miami’s most exclusive neighborhoods. People familiar with the deal told The Wall Street Journal that Page paid $101.5 million in December for the waterfront property, previously owned by the late Jonathan Lewis. Redfin reported that it was the most expensive US home sale in December and the fourth most expensive in 2025.
“When a billionaire buyer makes a move like this, it tells you everything you need to know: Miami is a development. It’s both a lifestyle play and a financial strategy,” Dina Goldentayer of Douglas Elliman previously told Fox News Digital.
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“Businesses like this are revitalizing everywhere as they go up to $7,000 a square foot. We’ve seen this in Miami Beach, Bal Harbour, Golden Beach, and now we’re seeing it in Coconut Grove,” Goldentayer said.
Aerial view looking south of Miami Beach showing Indian Creek Island and Collins Avenue. (Getty Images)
Two Palm Beach homes ranked second and third among December’s highest-priced sales, closing at $97.5 million and $66.1 million. Both properties also appeared on Redfin’s 2025 list of the most expensive US home sales, at No. 5 and No. 9, respectively.
Overall, 6 of the 10 most expensive December sales were in Florida’s coastal cities. The Sunshine State surpassed other luxury markets that month, including Manhattan, the Bay Area and Nevada’s Lake Tahoe region.
Dezer Developments president Gil Dezer joins ‘Varney & Co.’ to discuss pouring Florida’s largest concrete slab of new luxury condominiums as Miami’s real estate market booms after Zohran Mamdani’s New York City win.
By the year 2025 overall, Florida properties will represent half of the 10 most expensive homes in the US, according to Redfin.
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“I’m seeing continued interest from California and the Northeast, with buyers asking for privacy, security and turnkey properties or estates,” ONE Sotheby’s International Realty South Florida lead agent Michael Martinez told Fox News Digital.
Douglas Elliman’s No. 1 national agent Dina Goldentayer talks to Fox News Digital about why Miami and West Palm Beach have surpassed New York City as the world’s fastest-growing economic centers.
“A lot of shows with high-priced buyers, a lot of off-market deals,” he added, “and buyers. [are] to move quickly when truly immovable property is available.”
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