arts
South Florida’s top deals: Palm Beach home sells for $21M
By Veronica Udell, Mary Diduch at The Real Deal
· July 2, 2026
· 1 min read
🏆 Residential: The top home sale to hit records was in Palm Beach at 242 Wells Road for $21 million. Andrew Krebs Boszhardt and his wife Victoria Louise Yeager were the buyers. Maxberry Limited was the seller. The home spans nearly 6,000 square feet with four bedrooms and six and a half baths. Paul
Key takeaway 📊 Residential: In Miami Beach, a home at 11 La Gorce Circle sold for $10.
Why this matters in The Miami
The recent sale of a Palm Beach home for $21 million and a Miami Beach home for $10.5 million reflects the ongoing demand for luxury properties in South Florida. These high-end sales are likely to have a ripple effect on the local real estate market, potentially driving up property values in surrounding neighborhoods. In Miami, this could impact areas like Little Havana and Wynwood, where gentrification is already underway. As the luxury market continues to thrive, it will be worth watching how this affects the affordability of housing for long-time residents and working-class individuals in these neighborhoods. The influx of wealthy buyers may also lead to increased investment in local amenities and services, potentially altering the character of these communities. As Miami's population continues to grow and evolve, the dynamics of its luxury real estate market will be an important factor to consider.
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: July 2, 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 to hit records was in Palm Beach at 242 Wells Road for $21 million. Andrew Krebs Boszhardt and his wife Victoria Louise Yeager were the buyers. Maxberry Limited was the seller. The home spans nearly 6,000 square feet with four bedrooms and six and a half baths. Paul
When was this published? This article was first published on July 2, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Veronica Udell, 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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