When was this published?

This article was first published on July 22, 2026 by The Real Deal and curated for The Miami readers.

Who reported this story?

This story was reported by Grace McClung at The Real Deal.

Where can I find related coverage?

See more arts coverage from The Miami, or browse our daily briefing and topic hubs.

arts

$16M West Palm mansion breaks city’s record for priciest non-waterfront sale

Summary by The Miami Editorial Desk · Based on reporting by Grace McClung, The Real Deal · July 22, 2026 · 1 min read

A newly built mansion in West Palm Beach sold for $15.7 million, shattering a record for the most expensive non-waterfront transaction ever in the city. Property records show 122 Bloomfield Trust, managed by Francis Lynch, bought the 8,600-square-foot property at 122 Blooomfield Drive from an entity

Why this matters in The Miami

The record-breaking sale of a West Palm Beach mansion for $15.7 million has implications for Miami's luxury real estate market. As the region's major hub for Latin American and Caribbean communities, Miami often looks to neighboring cities like West Palm Beach for trends in high-end property sales. The sale price of $1,820 per square foot may set a new benchmark for non-waterfront properties in Miami, particularly in upscale neighborhoods like Brickell and Wynwood. Miami-Dade County's own luxury market may see a ripple effect, with potential buyers and sellers taking note of the new price point. Additionally, the fact that a non-waterfront property can command such a high price suggests that Miami's own non-waterfront neighborhoods, like Little Havana, may see increased interest and investment from luxury buyers. This could lead to new development and renovation projects in these areas, further shaping the city's landscape.

About this story

Original reporting by The Real Deal. The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page.

For the complete original report, visit The Real Deal. Have a tip or correction? Contact our newsroom.

Category: arts · Published: July 22, 2026 · Source: The Real Deal · Reading time: 1 min

Summary created by	The Miami Editorial Desk — automated, rule-governed
Original reporting	Grace McClung, The Real Deal
Original story	Read at the source
Source published	Jul 22, 2026
AI assistance	Automated summary drawn from the source’s own published text
Prepublication human review	No — editorial rules, flagged-item review, and published samples

$16M West Palm mansion breaks city’s record for priciest non-waterfront sale

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