Investor Pays Record M for Hallandale Beach Home

A photo illustration of 101 Holiday Drive in Hallandale Beach (Getty, Compass Real Estate, Google Maps) A Mexican businessman sold a waterfront Hal...

February 1, 2023
11:01 PM

Hallandale Beach, Florida has seen a recent surge in high-end real estate transactions, with one sale making headlines as it sets a new record for the neighborhood. A Mexican businessman, Javier Creel, registered under the Florida entity Caipora Keys LLC, sold a waterfront home in the Golden Isles neighborhood for $10 million. The buyer, an LLC managed by Yaakov Zroya, financed the purchase with a $6.5 million mortgage from Fort Lauderdale-based Taylor Made Lending. The home, located at 101 Holiday Drive, boasts stunning views of the Intracoastal Waterway and features 6 bedrooms, 7 bathrooms, and over 7,000 square feet of living space. It also includes a private beach, a spacious outdoor area perfect for entertaining guests, and a state-of-the-art kitchen. This record-breaking sale is a sign of the growing prosperity and popularity of Hallandale Beach as a destination for luxury real estate. The city is known for its proximity to Miami, Fort Lauderdale, and the beautiful beaches of South Florida, as well as its thriving arts and culture scene. With this sale, Hallandale Beach once again proves to be a prime destination for luxury real estate. The high demand for high-end properties in the area reflects the growing popularity of the city as a destination for those seeking a luxurious and dynamic lifestyle. This sale is a testament to the strength of the luxury real estate market in Hallandale Beach and highlights the city's appeal as a destination for high-end buyers. Whether it's for its proximity to Miami, its beautiful beaches, or its thriving arts and culture scene, Hallandale Beach is quickly becoming one of South Florida's most exciting and dynamic destinations.