Spec developers, doctors and a hedge funder bought and sold homes in the latest roundup of South Florida luxury residential sales.

Prices ranged from $9.8 million to $11.2 million, and spanned Coral Gables to Golden Beach. 

Coral Gables

In  Coral Gables , hedge funder Clinton Biondo sold his Coral Gables home for $9.9 million. Records show he and his wife, Elizabeth Biondo, sold the house at 5601 Arbor Lane to SCMK3018 LLC, a Florida entity managed by Shahal Khan. The buyer financed the purchase with a $6.9 million loan from the sellers, according to records.  

Geraldine Blakely of McB Realty Group had the listing, and Jill Velarde with Waterfront Investment Real Estate brought the buyer.

Clinton Biondo is a managing partner at Fir Tree Capital, a hedge fund with offices in New York and Miami with $6.7 billion of assets under management. The Biondos bought the house for $3.2 million in 2011, records show. Built on 0.9 acres in 2005, the 5,500-square-foot house has five bedrooms, five bathrooms, and a pool, records show. It was renovated in 2022, according to the listing. 

The couple listed it for $9.9 million in August, Realtor.com shows. 

Elsewhere in Coral Gables, spec developers Sergio and Remir Guardazzi dropped $11.2 million on a waterfront teardown. Records show their 6941 Sunrise Investments LLC bought the house at 6941 Sunrise Court from longtime owners James B. Black Jr. and his wife, Faith Black. 

Renier Casanova of Compass had the listing, and Barbara Elmir of One Sotheby’s International Realty brought the buyers. 

The Guardazzis are spec developers in Miami-Dade County. In June, they sold a waterfront spec house in Key Biscayne for $17.5 million. In 2021, they sold another waterfront spec house in Key Biscayne for $7.5 million. 

The Blacks bought the waterfront Coral Gables home for $880,000 in 1996, property records show. Spanning 0.4 acres and 174 feet of waterfront, the property includes a 3,700-square-foot house with three bedrooms, two bathrooms, one half-bathroom and a pool, according to records. 

The couple listed it for $12 million in December, advertising it as a teardown or renovation, Redfin shows.

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