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Palm Bay Yacht Club Condos For Sale - Miami

Welcome to your local Palm Bay Yacht Club condos for sale & Miami real estate resource. To request up-to-date information, including sales history and prices, property disclosures, and more about Palm Bay Yacht Club properties for sale, or to arrange your 780 NE 69 St, Miami, FL private showing, contact your local real estate experts today. Read more about Palm Bay Yacht Club real estate .

Condos For Sale in Palm Bay Yacht Club Miami

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780 NE 69th St #1408 Miami,  FL 33138

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The Palm Bay Yacht Club condo listings on this page are updated several times per day with information from the Miami, Florida MLS.

Every Palm Bay Yacht Club MLS listing features important details entered by the listing agent, such as property price, days on the market, square footage, year built, lot size, number of bedrooms and bathrooms, assigned schools, and construction type.

Check the current listing status and the local Palm Bay Yacht Club property tax information. As available, numerous property features such as greenbelt locations, views, swimming pools, and Palm Bay Yacht Club community amenities, including parks and golf courses, will be listed.

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  • Palm Bay Yacht Club

Pet-friendly Palm Bay Yacht Club condos for sale at NE 69thStreet Mid-Beach, Miami—# 720 (27 stories, 66 units, 1972 vintage), # 770 (9 stories, 115 units, 1965 vintage), and # 780 (27 stories, 235 units, 1982 vintage)—emerge from three towers on a nine-acre real estate footprint. Located on the west banks of Biscayne Bay, they face La Gorce Country Club (directly opposite on the Intracoastal's east perimeter), Legion Picnic Islands, and Bird Key. The approximately 377 units in the medium- to high-rise skyscrapers deliver accommodations from 1,042 to 5,289 square feet under air (UA)—one to three-bedroom floor plans with up to five bathrooms.  The Palm Bay Yacht Club developers delivered luxury living to small families, snowbirds, and retirees in the Upper East Side neighborhood adjacent to Biscayne Boulevard and a hop, skip, and jump from Miami Downtown. The complex integrates several 200-linear-foot direct bay sections with unobstructed water views for many residents, breathtaking night lightscapes, tropical nature preserve vistas, and striking Miami skyline outlooks as backdrops.

The Palm Bay Yacht Club condominium community in the 780 tower has been shocked with massive special assessments (nearly $200,000 per unit) in the wake of the Surfside condo building collapse and the extra-scrutiny affecting old-vintage constructions. We advise investigating the HOA commitments and history carefully before buying (different scenarios, depending on the tower selected).  Nonetheless, this prime location’s units are worth looking at (sitting as it does among the modern Miami condos) close to several restaurants, bars, delis, and supermarkets. Short auto rides take residents to South Beach, Lincoln Road retail outlets, the Aventura Mall, and Bal Harbour Shops for great shopping experiences. Downtown Miami pickleball venues, excellent schools, golf courses, museums, the Miami International  Airport, and other metro conveniences are less than twenty minutes' drive-time away.

Prospective condo buyers and investors interested in a full-service resort enclave with a liberal leasing program offering a reasonable minimum rental period find Palm Bay Yacht Club uniquely attractive. Why? They routinely discover seller/HOA renovations that have resulted in spectacular interiors with upgraded galley-converted chef's kitchens around custom cabinetry and premium stainless steel appliances.

Upgraded private balconies, high-impact windows and sliders, new flooring (fashioned from porcelain, luxury laminates, or engineered wood), open floor plans, granite, stone, or onyx countertops, and more are notable seller-remodeled additions.

Monthly HOA fees of approximately $1.38, $1.66, and $1.84 per square foot of condo ownership (UA) cover deep-water boat docks in one's backyard with fast ocean inlet access and no fixed bridges. They extend to 24/7 gated security personnel, elegant lobbies with personnel attendance, and an incredible heated swimming pool merging with a sundeck and loungers. Then, filling other luxury facility gaps, Palm Bay Yacht Club occupants enjoy Four Har-Tru night-lit tennis courts, a remodeled and upgraded fitness center, covered garage parking for residents with allocated spaces, and an in-community convenience store.

The HOA fees conclude the resident benefits with a multi-room clubhouse, high-speed elevators, laundry facilities on every floor, an immaculately manicured campus, and building insurance.

780 Ne 69th St T-1a, Miami

MLS#FX-10455390

780 Ne 69th St T-1a Miami, FL 33138

4,342 Sq Ft

770 Ne 69th St 5i, Miami

MLS#AX-11456686

770 Ne 69th St 5i Miami, FL 33138

2,548 Sq Ft

Intracoastal Waterway

780 Ne 69th St T-1b, Miami

MLS#FX-10454968

780 Ne 69th St T-1b Miami, FL 33138

2,982 Sq Ft

780 Ne 69th St 1408, Miami

MLS#AX-11426652

780 Ne 69th St 1408 Miami, FL 33138

1,219 Sq Ft

770 Ne 69th St 4h, Miami

MLS#AX-11531669

770 Ne 69th St 4h Miami, FL 33138

1,042 Sq Ft

Ocean Front

780 Ne 69th St 1610, Miami

MLS#AX-11513461

780 Ne 69th St 1610 Miami, FL 33138

1,316 Sq Ft

780 Ne 69th St 1406, Miami

MLS#AX-11557556

780 Ne 69th St 1406 Miami, FL 33138

770 Ne 69th St 2d, Miami

MLS#AX-11596575

770 Ne 69th St 2d Miami, FL 33138

770 Ne 69th St 5e, Miami

MLS#AX-11515425

770 Ne 69th St 5e Miami, FL 33138

9 Active Listings in Palm Bay Yacht Club

Palm Bay Yacht Club Condos

Palm Bay Yacht Club is a waterfront condominium building in Miami, Florida, with a range of options priced between $295,000 and $2,750,000. There are currently a total of 9 condos for sale in Palm Bay Yacht Club . The smallest Palm Bay Yacht Club condo presently available is a one bedroom one bathroom residence that is 521 square feet, and the largest of the Palm Bay Yacht Club condos currently on the market has three beds and three baths and is a 2,548 square foot (4,342SF Under Air) residence.

The Palm Bay Yacht Club complex offers a plethora of amenities for its residents to enjoy, including a clubhouse, swimming pool, spa / hot tub, cabana, a state-of-the-art fitness center, sauna, game room, billiards room, hobby room, laundry facilities, business center, vehicle wash area, and a library. Sports facilities include tennis courts, pickleball courts, and basketball. Onsite dining venues consist of a picnic area, and a barbecue area.

Boating enthusiasts will love the fact that the community has boat facilities including a boat dock, and a community marina. There is also walking or jogging trails, as well as private beach access.

Pets are allowed in Palm Bay Yacht Club although there are certain breed restrictions. There is a limitation on pet size.

There are three commercial airports near Palm Bay Yacht Club - Miami International Airport ( MIA ), which is seven miles away; Miami Opa Locka Executive ( OPF ), which is eight miles away, and Fort Lauderdale Hollywood International Airport ( FLL ), which is sixteen miles away. For those who fly private, there are three private airports nearby: North Perry ( HWO ), Miami Executive ( TMB ), and Fort Lauderdale Executive ( FXE ), all within twenty five miles of the Palm Bay Yacht Club complex.

Palm Bay Yacht Club real estate activity on the Miami MLS during the past year (as of August 2024) reflects sixteen condos changing hands, with an average asking price of $463,563 and an average selling price of $407,384. This represents a list-to-sell price ratio of 88% and $257 per square foot. During this period, Palm Bay Yacht Club condos for sale have taken an average of 128 days to sell.

In addition, there are numerous other buildings in Miami to choose from, or you may browse all available Condos for sale in Miami . Condos for sale in Palm Bay Yacht Club are selling quickly. Set up a new listing alert , and we will notify you immediately when a new waterfront condo in Palm Bay Yacht Club hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your South Florida real estate needs.

What schools are Palm Bay Yacht Club condos zoned for?

High school.

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Palm Bay Yacht Club 780 NE 69th St # 2502, Miami FL 33138 Condo For Sale

palm bay yacht club miami

Property Description

Gorgeous 2/2 corner unit on high floor! Unobstructed bay & city views. Huge wrap around balcony! Most sought after waterfront location in historic Bayside. Minutes to Design District, Midtown & Downtown Miami. Every amenity in this luxurious waterfront community includes gated/ guarded entry/ 24/7 front desk/ valet/ heated pool/ jacuzzi/ sauna. Outdoor kitchen w/ BBq area, fitness center/ tennis courts/ convenience store/ cafe & bar. Very well manage bldg with reserves.

List Price:$570,000
Unit:# 2502
Address:780 69th St #2502
Miami FL 33138
Bedrooms:2
Bathrooms:2
Living Area (f ):1,336
Living Area (M ):124
Year Built:1982
Waterfront:Intracoastal Front
Taxes:$5,381 (2021)
Association Fee:$1,080 (Monthly)
Complex:THE PALM BAY YACHT CLUB
Days On Market:905 days
Pets Allowed:No:
No
Parking Spaces:1
Parking Features:1 Space
Assigned
Covered

Property Amenities

Building amenities.

  • Elevator(s)
  • Private Pool
  • Tennis Court(s)
  • Trash Chute
  • Refrigerator

Interior Features

  • Interior Hall
  • First Floor Entry

Exterior Features

Security features.

  • Elevator Secure
  • Phone Entry
  • Secured Garage/Parking
  • Lobby Secured

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MiamiCondoLifestyle.com is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed.Listing provided by London Foster Realty, MLSID A11173601

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Palm Bay Towers Condos For Sale | 11+ Palm Bay Towers Miami, FL Condos For Sale

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  • Basketball Court
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780 69th St Unit T-1A, Miami, Florida 33138

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  • Palm Bay Towers
  • Address: 720 69th St., Miami, Florida , 33157
  • Year Built: 1972
  • Total Units: 11
  • Price Range: $295,000 - $2,750,000
  • Rental Price Range: $2,750 - $15,000
  • Min price per Square Foot: $30
  • Max price per Square Foot: $2,309
  • Pet Friendly

BY THE NUMBERS

  • Complex Name Palm Bay Towers
  • Total Units In Building 73
  • Average Listing Price $1,522,500
  • Average Rental Price $8,875
  • Average Sold Price $391,000
  • Average Price per Square Foot $1,170
  • Miami Condos

The Palm Bay Yacht Club

palm bay yacht club miami

$825,000
Beds/Baths 1/1/1
Interior Space 2,982 SQFT
List Price $/SF $277
Waterfront Yes
Furnished -
Maintenance $2,446 Per Month
Year Built 1982
Days on the Market 24 days
Reference F10454968

Interior Features

  • Kitchen Island

Exterior Features

  • Open Balcony
  • Bbq/Picnic Area
  • Bike/Jog Path
  • Fitness Center
  • Heated Pool

Lease Information

Property tax information.

Broker Steve Samuels Photo

Brandon Miller’s widow moves to Continuum South Beach 

Bayfront Miami condo tower embroiled in legal battle over major assessment

10 unit owners are suing the association and property management firm

A photo illustration of the Palm Bay Yacht Club at 780 Northeast 69th Street (Getty, Google Maps, The Circuit Court of the Eleventh Judicial Circuit in and for Miami-Dade County, Florida)

  • Katherine Kallergis

A bayfront Miami condominium in need of repairs is in a legal fight pitting unit owners against the condo association.

The 27-story, 235-unit Palm Bay Yacht Club made headlines last week over a proposed $46 million special assessment to fund repairs required for the property’s 40-year recertification. A group of 10 unit owners filed a lawsuit in October against the Palm Bay Yacht Club Condo Association, affiliates of the property management firm AKAM and other companies, alleging fraud and negligence.

The tower at 780 Northeast 69th Street was constructed in 1982 on a waterfront lot that includes a pool, sports courts and a parking lot.

In the lawsuit, unit owners allege that AKAM and the association knowingly made false statements about the scope of the project by including additional repairs beyond those required by the 40-year recertification, said attorney Jane Muir, who represents the 10 unit owners. The lawsuit alleges each unit owner would owe more than $175,000 for the repairs. It claims that AKAM is double-dipping and inflating the cost of the project, which AKAM denies.

An amended complaint, filed in Miami-Dade Circuit Court in December, alleges that engineers hired by the plaintiffs found errors that had a combined cost of more than $11 million. It claims that the defendants “mismanaged, misappropriated, or facilitated the misappropriation of association funds.”

“Absent court intervention, defendants will encumber the residents with insurmountable debt, risking foreclosure and bankruptcy for many individual residents and for the association,” the lawsuit states.

Unit owners are seeking an injunction against the association, with the goal of having a receiver appointed to take over the association, according to Muir. An evidentiary hearing that began on Monday was postponed to later this week, said representatives for both sides.

“No matter what these 10 unit owners think, the work has to be done. It’s only limited as to what can or cannot be done,” said attorney Jonathan Bloom of Bloom & Freeling, who represents AKAM. “Don’t people want to go to bed safe?”

The dispute is also playing out in the court of public opinion, with the unit owners appearing on local TV news fighting the size of the assessment and how money allegedly has been handled.

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Increased scrutiny of the physical conditions of condo buildings in the 20 months since the deadly Surfside condo collapse has led many associations across South Florida to impose multimillion-dollar special assessments or increase homeowners association fees to pay for life and safety repairs. 

Palm Bay Yacht Club’s association estimated that the recertification — which is required by law in Miami-Dade County — will cost about $33 million, and that the cost to replace the windows and doors with storm impact windows and doors is $15.7 million. The building has received unsafe structure violations from the city of Miami.

Amid the legal battle, the board voted on Saturday to approve a loan to fund the $33 million recertification project. The association approved replacing the railings, but did not approve the impact windows and doors, according to a spokesperson for AKAM. The spokesperson declined to disclose the loan amount.

According to a letter sent to unit owners, an engineering firm found that the balcony railing system “reached its end of useful life,” and the railings no longer comply with the city’s building code.

“My clients do agree that the recertification must be achieved, and they also believe that some repairs must be done,” Muir said. “The problem is the scope of the project.”

Greg Main-Baillie, who leads the new condo restoration division at Colliers, said he expects more associations will face similar lawsuits in the wake of the Surfside collapse, as many condo owners don’t understand what it takes to maintain older structures. Main-Baillie compared an aging building to a person in need of surgery.

“Until you actually get into the area of infection, you really don’t understand how bad it is,” said Main-Baillie, who is not involved in Palm Bay Yacht Club. “In the buildings that haven’t maintained themselves, the cancer is going to spread.”

The letter the association sent to owners suggests the same, imploring owners to “properly repair and protect our investment.”

“We feel bad that unit owners are going to incur expenses,” Bloom told The Real Deal . “[But] when you buy a condominium, you take the good, bad and the ugly.”

Biscayne Times

(Milena Malaver for Biscayne Times)

$46 Million Condo Shock

Eerie reminder of Champlain Towers

by Milena Malaver , Biscayne Times Contributor

Mar. 02, 2023

The Palm Bay Yacht Club stands 27 stories high at 780 NE 69th St., and real estate listings for its residences – with price tags between $338,000-$600,000 – boast of Biscayne Bay views, luxury amenities and an idyllic South Florida lifestyle.

What’s not included in those effusive property descriptions is that current owners are being told they must agree to cough up more than $175,000 each to bring the building up to snuff to pass its 40-year recertification – repairs the condominium association says will cost $46 million.

l5ldnhcmGpk9N6hrdL_lj-g-gUWVlsCR.jpg

Palm Bay Yacht Club

The Champlain Towers South Condo Association approved a $15 million assessment in April 2021 to complete repairs in preparation for its 40-year recertification process. The oceanfront 12-story building in Surfside collapsed weeks later on June 24, killing 98 people.

And, just as the Champlain Towers residents were shocked to receive assessments ranging from $80,190 to $336,135 for those proposed repairs prior to that tragedy, many owners at Palm Bay Yacht Club are similarly shaken, saying they can’t afford to pay, either.

Fear, anger, disbelief and despair are words condo owner of 13 years, Sonia Przulji, used to describe her initial reaction to the $46 million dollar loan her condo association wants owners to take on. Przulji is an ICU nurse and the sole provider of her household.

Untitled-4.jpg

Sonia Przulji, Palm Bay Towers Resident

“My entire life and livelihood are on the line,” said Przulji. “If we cannot make this assessment then I lose my home.”

Przulji is far from alone in her sentiments. Ten dissenting owners filed a lawsuit in circuit court last October against the association, its board of directors, the property manager and others citing “questionable financial decisions.” Unspecified damages are sought. Among accusations of fraud and negligence, the plaintiffs claim the association wasted funds by focusing on superficial and nonessential upgrades to the building.

“Sometimes, when you have unscrupulous people in leadership roles, there will be problems like election tampering, ill-advised spending or outright theft,’’ said attorney Jane Muir, the Coral Gables lawyer representing the plaintiffs. “Our clients believe that Palm Bay Yacht Club’s leadership, including the board and the management company, have made serious misstatements of fact that rise to the level of fraud in an effort to persuade the association members to borrow $46 million.”

“We are fighting against this unjust assessment that many of our neighbors cannot afford to pay,” said Cristian Murray, a plaintiff and condo owner since 2017. “They will be homeless.”

D0mu2LNIl9FEIp5M1U8_Ov724_0yueP3.jpg

Condo owners Randall Ames, Anais Benedetti, Cristian Murray, Simone Diament, Robert Tinianov, and Genie Anderson (L-R).

Sydney Harnett, age 84, has lived in the Palm Bay Yacht Club for 30 years and says she never dreamt of something like this happening.

“I would be forced out of my apartment,” said Harnett. “My home, where I’ve lived for a very long time. There are a few people who live here who have a lot of money, (but) the vast majority work for a living and do not have a lot of money. And if [the defendants] want an empty building, that’s what they’re going to get.”

But the condo association says residents can’t afford to not pay the assessment. Jonathan Goldstein, a lawyer for the association, declined to be interviewed for this story but emailed a statement on behalf of his clients.

image 4.png

Residents of the Palm Bay Yacht Club allege in their lawsuit that shoring was installed in the condominiums garage without proper permits. This image is cited as exhibit E.

“The Association vigorously disputes the lawsuit, which in the Association’s opinion is an attempt to disrupt the Association’s reasonable efforts to protect the building and comply with 40-year recertification requirements,” he wrote. “The safety of all members and compliance with recertification requirements are the Association’s foremost concern and responsibility at this point. In pursuing this project, the Association relies on the professional judgment of its qualified professional experts and project management team.”

What Does $46 Million Cover?

So exactly what would the $46 million loan pay for? It’s hard to say because neither side in the dispute would share an itemized list of needed repairs that add up to that hefty figure.

While repeated requests from the Times went unanswered, a copy of the plaintiffs’ complaint filed with the court and plans for proposed remodeling and structural repairs submitted to the city of Miami reveal that extensive prior repairs and enhancements to the Palm Bay Yacht Club were made without permits, resulting in numerous citations for city code violations.

The complaint, filed in Miami-Dade Circuit Court, lists unpermitted electrical, plumbing, HVAC and other construction work throughout the condominium building, including the gym, spa, pool deck, on-site restaurant and other amenities, such as the parking garage. D&R Contracting Corp. is cited in the lawsuit as having performed at least some of the unpermitted work.

IiK5VpU6kDxMQSSfnb8Sge314uFZlkTk.jpg

(Courtesy of Simone Diament)

The tennis court at Palm Bay Towers is closed; it’s now being used as a parking lot.

Plans submitted to the city show diagrams of all such work that will have to be torn out and completed anew, with proper permitting. Presumably, this is a significant portion of the estimated $46 million.

The plaintiffs also accuse their condo association of misappropriating $4 million from an insurance claim for damages suffered during Hurricane Irma in 2017. Instead, according to the legal complaint, “defendants required unit owners to pay a special assessment to make the repairs and retained the insurance proceeds.”

All the while, dissenting owners and plaintiffs have been stewing.

“They’ve tried very, very hard to sort of force the unit owners into agreeing to this $46 million loan,” said Genie Anderson, a plaintiff and condo owner since 2015. “And how have they done that? They’ve taken away all our amenities, and a year ago, they shut down the pool. They shut down the jacuzzi, they took away our parking downstairs.”

ku_ZPld-gsrr6-7x7k34wnWZMhJlquQM.jpg

The closed pool at Palm Bay Yacht Club

The tennis court and the pool are still prominently featured on MiamiCondoLifestyle.com, but neither is currently open. A visit to the property revealed parked cars on the tennis court and the pool surrounded by a fence.

The plaintiffs are holding out against the loan until the defendants agree to allow another property management team to conduct an assessment, one they trust to be qualified.

Mistrust of Management

In 2020, the board of directors hired a new property management company, AKAM Living Services Inc. According to the lawsuit, that was done “without ratification by the unit owners.” The lawsuit also alleges that neither the company nor Douglas Weinstein, vice president of operations for the company, have a required real estate broker’s license and are therefore unqualified to serve as property managers.

image 3.png

Photos of citations for unpermitted work on condominium doors were presented as evidence in the lawsuit against the Palm Bay Yacht Club condo association.

“We know that we need to have an assessment in order to have the recertification,” Murray said. “None of the owners have any problems with that. It is the law. Our problem is that these assessments have been exaggerated.”

Suspicious of the costs they are being asked to pay and of the qualifications of those who completed the association’s assessment, dissenting residents hired Tamara Reyes, a former Miami-Dade police officer, to investigate.

Reyes founded a company called South Florida Property Owners Consulting to look into corruption among real estate and building associations. Her investigation concluded that the original assessment exaggerated the cost of repairs and damages by more than $11 million. The lawsuit blames Epic Forensics & Engineering Inc. for that, saying the company “exaggerated the damage and structural deficiencies of the Association’s property.”

The association also stands accused of inappropriate spending.

“Reyes found over $100,000 in personal expenditures by [the association’s] staff like Amazon, going out to dinner at restaurants in New York and gifts,” said Muir. “There is no explanation for that other than improper spending.”

Even if residents prove they are being overcharged by $11 million, that still leaves them $35 million in the hole, which is more than double what Champlain Towers South residents would have had to pay.

Safety First

To be clear, neither the complaint nor the repair plans allege that the residential structure of Palm Bay Yacht Club is in any danger of collapse. In fact, pages 2 and 3 of the building plans clearly state that: “The building is structurally safe for present occupancy and will remain safe while repairs are being made.”

Nearly a year after the Champlain Towers tragedy, Florida Senate Bill 4-D passed to address safety concerns for condominiums and cooperative buildings. Coastal condominiums and buildings three stories or higher built between 1982 and 1997 must now undergo recertification by the end of 2024 and then every 10 years afterward.

For coastal condominiums that were built after 1998, the recertification must be done once the buildings turn 25, followed by inspections every 10 years. All other buildings must complete recertification 30 years after initial occupancy and every 10 years afterward. Buildings like the Palm Bay Yacht Club, built before 1982 that have begun the recertification process, will continue to follow that schedule.

The new legislation also eliminates the option for association members to waive and/or redirect certain reserve funds set aside for building components deemed critical to structural soundness and safety.

An unintended consequence of the legislation are scenarios like the one at Palm Bay Yacht Club, where there is little to no return in value for significant capital investment on structural soundness and safety. Under those circumstances, owners are likely to sell out to redevelopers.

At least two hearings have been postponed since residents filed their suit. The next scheduled hearing before Miami-District Court Judge Thomas J. Rebull is set for Feb. 13.

In the meantime, residents in this luxury high-rise say they aren’t giving up.

“We are willing to fight this until the end,” said Przulji. “I want to stay at Palm Bay. I have no plans on going anywhere else, I never thought that I would live anywhere else.”

This report was a collaboration between the Biscayne Times and FIU’s South Florida Media Network.

Palm Bay Yacht Club Residents' Lawsuit

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Meet the Billionaire Buying Up Trophy Homes Across the U.S. (Including the Playboy Mansion)—to the Tune of $326 Million

( Instagram / Daren Metropoulos )

Meet the Billionaire Buying Up Trophy Homes Across the U.S. (Including the Playboy Mansion)—to the Tune of $326 Million

Daren Metropoulos  might not be a name you’ve heard before—but there’s no doubt you will be familiar with some of the billionaire businessman’s incredible real estate holdings.

In the past 18 years, the 41-year-old son of a private-equity billionaire has spent around $326 million buying up iconic, and arguably priceless, properties. They include Hugh Hefner ‘s Playboy Mansion in L.A., a “hurricane-proof” bunker mansion in Miami Beach, FL , and a $148 million “architectural gem” in Palm Beach, FL.

But these are just a handful of conquests in Metropoulos’ ongoing hunt for trophy homes. He’s amassed quite a spectacular real estate portfolio through family connections and his own interest in the market.

The entrepreneur boasts a treasure chest of incomparable homes he plans to both “preserve” and “reimagine,” he told the Wall Street Journal .

So how does Metropoulos go about finding these rare real estate investments?

The billionaire buying up trophy homes across the U.S.

(Instagram / Daren Metropoulos)

“My general approach is very measured and tactical and I am particularly interested in hidden jewel properties that rarely come to market,” he told the Journal. “In any business dealing, it’s paramount to remove one’s emotions. You have to stay disciplined with your terms and expectations.”

As for how he funds this extravagant hobby, Metropoulos concedes that he had the benefit of a privileged upbringing, courtesy of his father, private-equity investor C. Dean Metropoulos .

The elder Metropoulos is credited with reviving brands such as Hostess, Bumble Bee Tuna, and Ghirardelli Chocolate, while also building his own real estate empire. The businessman passed down his prowess to his youngest son, who began working for the family business when he was 15, learning how, when, and where to purchase the perfect investment property.

Here’s a look at the impressive real estate portfolio the younger Metropoulos has spent the past 18 years building.

$148 million Palm Beach, FL, estate

The Mediterranean Revival-style home is considered one of the area’s “architectural treasures,” according to the Journal. It was built in 1919 and completely renovated.

“I’m an old soul at heart,” Metropoulos said about the property.

Cow Bay Road, Martha’s Vineyard, MA

In 2007, Metropoulos and his brother, Evan , paid $20 million for a 13.5-acre property they plan on making a family compound. The brothers are 50-50 owners of the beachfront property that will feature two new homes at 6,500 square feet each. There will also be a gym, pool, and tennis court.

In 2007, Metropoulos and his brother, Evan, paid $20 million for a 13.5-acre property they plan on making a family compound

(Realtor.com)

Residences at Mandarin Oriental, New York City

Metropoulos purchased two condominiums on the 69th floor at the Residences at Mandarin Oriental in Columbus Circle. One unit is 2,300 square feet and was bought for $6.9 million in 2006. He later bought a 1,900-square-foot condo there for $10.4 million.

Playboy Mansion and mini Playboy Mansion

Before buying the actual Playboy Mansion, Metropoulos purchased a “miniature version” of the house, located next door, for $18 million.

He bought the 10,600-square-foot house on South Mapleton Drive from Hefner. He upgraded the pool, basement, and kitchen, but left some of the original charm to the house. The house is worth around $60 million today.

As for the Playboy Mansion in Los Angeles, Metropoulos bought the 20,000-square-foot property for $100 million in 2016 and joined the two properties to make one estate.

Playboy Mansion

(YouTube/Crystal Hefner)

Playboy Mansion

Altos del Mar, Miami Beach, FL

Metropoulos bought this “hurricane-proof” home in 2021 for $18 million. The 6,000-square-foot oceanfront property is in the gated Altos del Mar community.

The house stands out with its full-house generator and floor-to-ceiling windows that can withstand winds of up to 257 mph.

Metropoulos dropped a cool $11.4 million in 2016 for a home on 7.3 acres on the north shore of Kauai. Designed by Hawaii architect Gary Tobey , it features custom guest pods, a main house that overlooks the ocean, and a 100-foot Olympic-size pool. He is adding a spa and has plans to restore the zoo for rescue animals.

Today, the property is worth about $18 million.

Metropoulos dropped a cool $11.4 million in 2016 for a home on 7.3 acres on the north shore of Kauai

Indian Creek, Miami Beach, FL

More Miami Beach for Metropoulos. In 2022, he purchased a $1.8 million condo at the Monaco Yacht Club & Residences in North Beach. The building has its own private marina.

Casa Amado, Palm Beach, FL

He didn’t forget about Palm Beach. In June, Metropoulos purchased the oceanfront Casa Amado. The estate features 10 bedrooms, a gym, and a home theater. It also has its own beach cabanas and pool cabanas.

When he purchased the property Metropoulos called it a “true sanctuary.”

Aren’t they all?

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