A 1926 house in the Phipps Plaza enclave of Palm Beach sold for $27.5 million, the highest of five home sales publicly reported in the Miami, Florida metro area for the week ending August 16, 2026. Together the five closings totaled $104.10 million.
The five sales span Phipps Plaza, Ocean View, Bay Harbor Island, Poinciana Park and Coral Gables. Palm Beach carried the week’s two highest-priced closings and a newly completed house on Seabreeze Avenue, while the other reported sales landed in Bay Harbor Islands and Coral Gables. Build years run from 1926 to 2026, and the group includes waterfront homes on the Intracoastal Waterway and on a canal with no bridges to Biscayne Bay.
No. 1 — $27,500,000 · 206 Phipps Plz, Palm Beach, Florida
The seven-bedroom house at 206 Phipps Plaza sold for $27,500,000 on August 11, 2026, the highest-priced reported sale in the Miami metro area for the week. It was built in 1926 and carries a reported 9,294 square feet in the Phipps Plaza enclave of Palm Beach.
Listing materials identify Marion Sims Wyeth as the original architect and John Volk as the architect of a later reimagining of the house, and describe a renovation that reached from the foundation to the roof. Formal and family living rooms sit alongside landscaped pool gardens, and parking runs to a three-car garage plus nine dedicated street spaces. Vesta Home handled the staging and furnishings, which were offered for purchase with the residence. The property previously changed hands for $4,220,000 in 2018.
Jim McCann and Hill Scaff, Jr. of Premier Estate Properties, Inc. – Palm Beach were the listing agents on the week’s highest-priced reported sale in the Miami metro area, a $27,500,000 transaction that went under contract the day it was listed and ranked No. 1 in RealtyWire’s Miami Metro Area Top 5 for the week ending August 16, 2026. Chris C Leavitt of Douglas Elliman represented the buyer.
See this property in Google Street View →
No. 2 — $26,500,000 · 127 Oceanview Rd, Palm Beach, Florida
A 1999 house on Oceanview Road in Palm Beach followed at $26,500,000, closing August 14, 2026. The property covers about three-quarters of an acre on the Intracoastal Waterway and comes with a deeded oceanfront lot, and its four bedrooms and four full and one half baths occupy a reported 5,215 square feet.
Wide water views run across the rear of the property, which has its own dock and a lap pool. The interior carries 11-foot ceilings over mahogany hardwood floors, according to the listing. Garage parking totals four spaces, and a detached double garage holds an apartment with a living room, full kitchen, one bedroom, one bath and a balcony over the gardens. The house previously changed hands for $1,700,000 in 2005.
Lynn Warren of Sotheby’s International Realty, Inc. was the listing agent, and the $26,500,000 closing ranked No. 2 in RealtyWire’s Miami Metro Area Top 5 for the week ending August 16, 2026. Elizabeth DeWoody of Compass Florida, LLC represented the buyer.
See this property in Google Street View →
No. 3 — $20,000,000 · 9814 W Broadview Dr, Bay Harbor Islands, Florida
An eight-bedroom house on West Broadview Drive in Bay Harbor Islands closed on August 11, 2026 for $20,000,000. Built in 2002, it carries a reported 5,916 square feet and nine baths. Detailed listing remarks were not available for this transaction, so the sale is reported here from the transaction record. The property previously changed hands for $12,000,000 in 2021.
Joel Lusky and Shneur Shapira of The Brokerage South Florida Real Estate, LLC. were the listing agents, and the $20,000,000 sale ranked No. 3 in RealtyWire’s Miami Metro Area Top 5 for the week ending August 16, 2026. Joel Lusky of The Brokerage South Florida Real Estate, LLC. represented the buyer.
See this property in Google Street View →
No. 4 — $17,100,000 · 350 Seabreeze Avenue, Palm Beach, Florida
A newly built house at 350 Seabreeze Avenue in Palm Beach’s Poinciana Park sold for $17,100,000, closing August 11, 2026. Completed in 2026, the five-bedroom residence carries a reported 4,936 square feet. Detailed listing remarks were not available for the property, so this entry is reported from the transaction record.
Christopher Leavitt of Douglas Elliman was the listing agent, and the $17,100,000 result ranked No. 4 in RealtyWire’s Miami Metro Area Top 5 for the week ending August 16, 2026. John Joseph Rooney II of Douglas Elliman represented the buyer.
See this property in Google Street View →
No. 5 — $13,000,000 · 6970 Sunrise Dr, Coral Gables, Florida
In Coral Gables, a renovated waterfront house on Sunrise Drive traded at $13,000,000, closing August 13, 2026. The 1970 home stands in the gated Sunrise Harbor community and holds six bedrooms and six full and one half baths across a reported 6,460 square feet, on a 14,500-square-foot lot with 100 feet of canal frontage and no bridges between it and Biscayne Bay.
A triple-height living room anchors an interior finished with custom millwork, Lutron lighting controls and high-impact glass, and the kitchen was fitted with bespoke cabinetry, leather-finish marble countertops and Sub-Zero and Miele appliances. The primary suite has vaulted ceilings, a private balcony and a spa-style bath, and newly added flex and wellness rooms open onto the backyard with a bedroom and gym, cabana bath, steam shower, sauna and cold plunge on separate HVAC. Outside, a circular driveway fronts the house and the grounds hold a heated saltwater pool and spa, terraces with glass railings, a summer kitchen and a concrete dock built for deep-water mooring. The property previously changed hands for $6,750,000 in 2022.
Judith Zeder and Nathan Zeder of Coldwell Banker Realty were the listing agents, and the $13,000,000 closing placed them at the listing side of RealtyWire’s No. 5 reported sale in the Miami metro area for the week ending August 16, 2026. Liz Hogan of Compass Florida, LLC represented the buyer.
See this property in Google Street View →
RealtyWire selected these transactions from publicly reported residential sales identified for the calendar week ending Sunday, August 16, 2026. The report may exclude private, off-market, delayed or nondisclosed transactions. Prices, property details and professional representation are reported as available at publication and may be updated following confirmation from transaction participants.
Were you involved in one of these transactions? Contact RealtyWire to verify or correct your professional credit or submit information for a future edition.
See full market data on our Miami, Florida market page.
