arts
South Florida’s top deals: Businessman nabs Palm Beach mansion for $43M
By Mary Diduch at The Real Deal
· June 4, 2026
· 1 min read
🏆 Residential: The top home sale recorded in South Florida was in Palm Beach, where a nearly 9,000-square-foot mansion at 115 Via La Selva sold for $43.3 million. The sellers were a trust tied to Philip and Catherine Korsant, and the buyer was Thomas Swan, co-CEO and director of The Swan Group, whi
Key takeaway The Korsants purchased the property in 2017 for $14 million.
Why this matters in The Miami
The sale of the Palm Beach mansion for $43.3 million is a notable transaction in South Florida's luxury real estate market. Given the buyer's background in commercial real estate, it will be interesting to see if Thomas Swan explores any development opportunities in Miami-Dade County, particularly in areas like Brickell or Miami Beach, which have seen significant growth in recent years. The fact that the sellers, Philip and Catherine Korsant, more than tripled their investment in the property since purchasing it in 2017 for $14 million, also speaks to the ongoing appeal of South Florida's high-end properties. As the region continues to attract wealthy individuals and families, transactions like this one will likely remain a staple of the local real estate market, with potential ripple effects on the area's economy and development landscape. Miami's own luxury neighborhoods may see similar activity in the coming months.
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 .
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Category: arts ·
Published: June 4, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? 🏆 Residential: The top home sale recorded in South Florida was in Palm Beach, where a nearly 9,000-square-foot mansion at 115 Via La Selva sold for $43.3 million. The sellers were a trust tied to Philip and Catherine Korsant, and the buyer was Thomas Swan, co-CEO and director of The Swan Group, whi
When was this published? This article was first published on June 4, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Mary Diduch at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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