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Larry Mastropieri, real estate broker/owner of The Mastropieri Group
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South Florida real estate broker Larry Mastropieri, owner of The Mastropieri Group, discusses the latest real estate news in the area alongside co-host John Laws of Discover South Florida. Larry provides local expert insight as a knowledgeable real estate broker. John? He's there too. Together, they try to keep it interesting and fun.

  1. 5d ago

    Why Young Thug Picked Cooper City

    Young Thug just paid $5 million cash for a brand-new estate in Cooper City — seven bedrooms, roughly 6,000 square feet, on a two-acre lot in a quiet western Broward suburb. He skipped the Miami Beach waterfront entirely. We break down the 37% discount off the builder's original $8 million ask, the LLC named after the address, and what it says about where privacy-first celebrity money is actually going in South Florida.Then, the money moving through the region: Related Ross's 10 and 15 CityPlace towers are out of the ground in West Palm Beach — nearly a million square feet backed by a $772 million construction loan, the largest ever recorded in Florida — with ServiceNow and Cleveland Clinic already anchored. Plus Intalex Capital's $8.9M Plantation buy, turning an office parking lot into a 395-unit apartment community, and a proposed Hollywood Beach overlay district that could allow towers up to 490 feet at the shuttered 1925 "Grand Lady" resort site.And the stories every owner needs to hear: an entire 304-unit condo community in Pembroke Pines was declared unsafe, evacuated, dissolved by a court, and sold for $20.5 million — we walk the full timeline, including what residents actually got and what they didn't. We also close the book on a $6.6 million force-placed insurance fraud ring, and count down the 10 most exclusive private clubs in Palm Beach County, from $500,000 buy-ins to the club you can't even apply to.======00:00 Introduction00:30 Young Thug Buys Cooper City Estate06:45 Sentence Handed Down in Florida Insurance Fraud Ring13:17 Hollywood Zoning Changes Could Allow Towers Up to 490 Feet20:36 1 Million Square Foot Office Expansion Underway in West Palm Beach28:20 From Condo Dissolution to Redevelopment in Pembroke Pines47:14 10 Best Private Clubs in Palm Beach County01:02:43 Office Parking Lot to Apartments Trend Continues in Plantation

  2. Aug 7

    Why DeSantis' Property Tax Cut Is in Trouble

    A Leon County judge just ordered the state to rewrite the ballot language for Governor DeSantis' property tax amendment. Judge David Frank ruled the title — "Save Our Homes From Excessive Property Taxes" — reads "akin to a political advertisement" rather than the clear, neutral wording state law requires. Amendment 3 stays on the November ballot, but Attorney General James Uthmeier has 10 days to submit new language, and the court kept jurisdiction over any further challenge. We explain exactly what's at stake for homeowners: a homestead exemption jumping from $50,000 to $150,000 in 2027 and $250,000 in 2028, plus a cut to the non-homestead assessment cap from 10% to 5% — and the December 31, 2026 residency deadline that decides whether you get the full break immediately or wait five years.Then the numbers. Our H1 2026 market update for Palm Beach and Broward shows both counties now below pre-pandemic inventory for the first time since 2022, Q2 sales up 23–26% over Q1, and the $1.5M+ segment surging 38% in Palm Beach. We'll tell you what that means if you're selling in PBC versus buying in Broward.Plus the pressure story nobody wants to talk about: more than 2,500 Florida condo buildings flagged for deeper structural inspection, 54 declared unsafe — and a third of jurisdictions never even reported. That's the engine behind the assessments and buyouts we keep covering.And the money moving through the region: Mandarin Oriental launching sales on an 87-unit West Palm tower from $3.5M, a $40.9 million Hillsboro Mile estate that became Broward's priciest sale of the year, a $24.65M approved development site near the Galleria, and Loxahatchee's first branded hotel.======00:00 Introduction00:35 South Florida Real Estate Market Update Q2 202615:53 Thousands of Florida Condos Flagged for Danger32:53 Florida Tax Amendment in Danger Due to Wording39:47 Mandarin Oriental Debuts in West Palm Beach47:40 Hillsboro Beach Estate Sells for $40.9M54:11 Dev Pays $24.65M for Approved Fort Lauderdale Multifamily Site01:01:52 New Home2 Suites Coming to Loxahatchee?======

  3. Jul 31

    Foreclosures, Freezes & a Mayweather Mansion

    Join real estate broker Larry Mastropieri, owner of The Mastropieri Group, and John Laws of Discover South Florida for a breakdown of the deals, the disasters, and the policy fights reshaping the South Florida market this week.The headliner: Floyd "Money" Mayweather's former Palm Island estate just resold for $18.5 million — about $3.5 million below what it last traded for. But the headline flips when you read the fine print. Mayweather bought at $18M in 2021 and sold at $22M in 2024, so he made money. The loss belongs to the seller, an LLC tied to Black Spruce Management's Josh Gotlib — who happens to be tangled up in Mayweather's separate $175 million fraud suit against his former adviser. We break down the 10,800-square-foot waterfront trophy at 288 South Coconut Lane, and what Palm Island's recent run of $23M to $150M listings says about the ceiling on Miami Beach's most exclusive island.Then, the money moving through the region: Related Group cashing out of Aventura City Center, handing BH Group and The Apollo Companies a project that's pivoted from condos to a 248-unit rental tower plus a 153-room Marriott hotel. Plus Affiliated Development's $74 million construction loan for The Cove in Fort Lauderdale — 376 units, 55% workforce — against the same developer's $6 million ask for The Jax in Hollywood. Two projects, two very different funding realities.The drama files: Apollo-affiliated lenders filed a $417.7 million foreclosure on the Mandarin Oriental Residences in Boca Raton — and condo buyers' deposits are directly in the line of fire. Larry walks through exactly what options a preconstruction buyer has when this happens, and what belongs in your contract before you ever wire a dollar.Also on the board: West Palm Beach freezing waterfront rezoning for six months while Deerfield Beach votes to loosen its beachfront rules, and Alida Residences breaking ground with 181 rentals and a Tribute Portfolio by Marriott right next to the Brightline station.======00:00 Introduction00:48 Floyd Mayweather’s Former Palm Island Estate Resells at a Loss12:02 Related Group sells stake in Aventura City Center mixed-use development20:58 Affiliated Secures $74M Loan for 376-Unit 'The Cove' in Fort Lauderdale31:27 Affiliated Requests $6M from Public for The Jax' in Hollywood46:33 Mandarin Oriental Boca Goes to Foreclosure Auction59:02 Deerfield Loosens Building Rules as WPB Enacts 6 Month Freeze01:06:52 Alida Residences Begins in West Palm Beach======

  4. Jul 23

    NFL Owners, Trump Money & Miami's Sellout

    The World Cup is over, football season is coming, and the money never stopped moving. Join real estate broker Larry Mastropieri, owner of The Mastropieri Group, and John Laws of Discover South Florida for a full breakdown of the stories reshaping this market right now.President Trump's four South Florida properties generated roughly $265 million in the first year of his second term — Mar-a-Lago, Trump National Doral, and the golf clubs in Jupiter and West Palm Beach — according to his latest federal financial disclosure. That's about a tenth of his reported $2 billion-plus in 2025 income, and worth noting these are reported revenue figures, not profit. We break down the per-property numbers, the approved $3 billion Trump Doral International Towers plan (1,498 condos across four towers), and the downtown Miami land set aside for a presidential library.Speaking of big money on the island: a New York Giants co-owner just paid $12.5 million for a Palm Beach penthouse at Leverett House — a six-unit building that somehow now houses two NFL owners, since Robert Kraft bought in for $23.8 million back in 2022. We'll get into why boutique buildings trade at that kind of premium.Then the building boom: E11EVEN sold out in 90 days and the developers responded by adding a 550-unit second tower in downtown Miami; Dependable Equities secured a $54 million pre-construction loan for two ODA-designed skyscrapers in Fort Lauderdale totaling 1,460 residences; and 21 Hollywood launched pre-leasing on 200 rentals along the Federal Highway corridor.Plus the drama files: Mandarin Oriental Boca buyers are winning in court — a $1.98 million judgment, a $2.1 million settlement, 13 lawsuits, and a hotel bankruptcy auction scheduled for today. Larry breaks down what preconstruction buyers should learn from it. And in West Palm Beach, the self-driving airport transit pitch got pulled after commissioners balked at a $1 million feasibility study.======00:00 Introduction00:23 Giants co-owner buys $12.5M Palm Beach penthouse11:57 Trump's South Florida holdings generated ~$265M18:12 E11EVEN's 90-day sellout added 550 units27:41 Two ODA towers headed for Fort Lauderdale34:12 Mandarin Oriental Boca buyers are winning in court45:10 21 Hollywood nears early 2027 delivery53:31 West Palm's self-driving airport transit gets paused======

  5. Jul 22

    Why Kaká Bought a $8.7M Bal Harbour Condo | Discover South Florida LIVE Ep. 84

    While Brazil was sent home early in this World Cup, one of the country's greatest former champions is settling into an oceanfront view. Join real estate broker Larry Mastropieri, owner of The Mastropieri Group, and John Laws of Discover South Florida for a fast, funny run through the biggest stories reshaping the South Florida market right now.Brazilian legend Kaká — 2002 World Cup winner and 2007 Ballon d'Or — just paid $8.7 million for an oceanfront condo at Oceana Bal Harbour. As Brazil crashes out of the 2026 World Cup (their first time missing the quarterfinals since 1990), Kaká plants a flag at 10201 Collins Avenue: a 3,350-square-foot, three-bedroom unit on the 14th floor with Atlantic and Biscayne Bay views, bought roughly $800,000 under ask. We break down the deal, what it says about global soccer money flowing into South Florida, and why the World Cup buying frenzy agents predicted has been quieter than expected.Then we follow the money up the coast: Orlando developer Chuck Whittall is under contract to buy the entire La Fontana co-op on West Palm's Flagler Drive for close to $200 million — the latest domino in the post-Surfside buyout wave. Kolter and Boston's Rockpoint are teaming up on The Sutton, a 432-unit apartment community in Palm Beach Gardens. And Charles Cohen just landed a $180 million permit to revive the stalled West Palm Point office tower after fighting foreclosure battles on two coasts.That comeback sets up the drama files: the oceanfront Hillsboro Beach Resort hits the auction block July 16 after a $40 million foreclosure judgment — the opposite outcome, and a case study every investor should hear. Plus, Miami votes unanimously to challenge Florida's Live Local Act in court, escalating the state-versus-cities zoning fight, and Fort Lauderdale narrowly approves a new $217 million city hall.======00:00 Introduction01:35 Kaká buys at Oceana Bal Harbour10:03 Miami moves to challenge the Live Local Act17:25 Chuck Whittall's $200M La Fontana buyout30:45 Kolter + Rockpoint's 432-unit 'The Sutton'38:51 Cohen Brothers revive West Palm Point post-foreclosure49:39 Anatomy of the Hillsboro Beach Resort foreclosure01:00:04 Fort Lauderdale backs a revised $217M city hall

  6. Jul 21

    South Florida's $800M Real Estate Week: Bond Mansion, DeSantis & More

    Join real estate broker Larry Mastropieri, owner of The Mastropieri Group, and John Laws of Discover South Florida for a fast-moving look at the deals, dramas, and policy shifts reshaping the South Florida market right now.This episode's headliner: a James Bond superfan just listed his personal Delray Beach residence — "Villa Skyfall" — for a staggering $85 million, and if it sells anywhere close, it would smash the Delray single-family home record. We tour the nearly 23,000-square-foot estate at 16121 Quiet Vista Circle in Stone Creek Ranch — the guard-gated enclave locals call "Billionaires' Row" — from its museum-grade car gallery and hidden poker lounge to the 309-inch theater and Amazon-rainforest wellness wing. We break down why developer Aldo Stark keeps setting and re-setting the local ceiling (his last record-setter, the Ferrari-themed "Casa Maranello," sold for $55M), and why boldface neighbors like Steve Cohen and Mark Wahlberg are the demand engine behind these prices.Then, the rule change every South Florida builder is watching: Gov. DeSantis just expanded the Live Local Act again — the fourth year running — opening city, county, school-district, and church-owned land to by-right affordable housing.Next, the money moving through the region: Simon Property Group's plan to replace Boca's dead Sears with a 197-room hotel and 374 apartments at Town Center; The Berkeley breaking ground in West Palm Beach after topping $120M in sales on an inland, Clear Lake–facing tower; and Related Group, BH Group — and possibly Terra — targeting Hollywood's century-old oceanfront "Grand Lady" for a 398-unit, reported ~$100M redevelopment.Plus, the drama files: Costco just got rejected 4-3 at Pompano's 223-acre "The Pomp," and Wellington's $90M Lotis project has devolved into three partner lawsuits and more than $5M in liens (Tiger Woods' PopStroke already walked).======00:00 Introduction00:45 Bond-Themed Estate Lists for $85M in Delray Beach06:19 DeSantis expands Florida's Live Local Act again17:00 Simon Group to Replace Boca's Town Center Sears30:40 'The Berkeley' 25-Story Tower Breaks Ground in WPB39:42 Related Group Eyes Century-Old Hollywood Resort50:54 Pompano Board Rejects New Costco at 'The Pomp'58:36 Lawsuits & Liens Stall Wellington's Lotis Project

  7. Jul 14

    South Florida Real Estate Shakeup: Wellington Mega-Project, Boca BRiC & Condo Board Controversy

    Larry Mastropieri of The Mastropieri Group and John Laws of Discover South Florida break down some of the biggest real estate and development stories shaping South Florida. From Tiger Woods and Justin Timberlake’s involvement in a massive luxury lifestyle community in Wellington, to Stephen Ross’s potential transformation of Boca Raton’s historic IBM campus into a mixed-use destination, the discussion will explore how major investments are reshaping the region. They’ll also examine a controversial Boca Raton condo board dispute that raises important questions about property rights and Florida law, along with the approval of new high-rise residential development in Riviera Beach and what it could mean for the future of the local market.====== 00:00 Introduction01:14 Tiger Woods & Justin Timberlake Join In on Wellington Megaproject13:44 Related Ross to Buy Boca Raton Innovation Center (BRiC)23:35 COA Blocks Boca Raton Condo Sale for Five Years36:57 Related Group Rezoning For 20-Story Gallery Marina in Riviera Beach44:53 ALBA opens on N. Flagler in West Palm Beach52:15 Maxwell Luxury Boutique Condo in Delray Beach57:07 Ellison & MacNeil split Manalapan Expansion

  8. Jul 13

    World Cup Buzz, Luxury Deals & Big Developments: South Florida Real Estate Heats Up

    Join Larry Mastropieri, real estate broker and owner of The Mastropieri Group, along with John Laws of Discover South Florida, as they break down the latest buzz in South Florida real estate. This livestream covers how World Cup excitement is fueling Miami condo sales to foreign investors, a luxury sales surge in Palm Beach County led by Celine Dion’s former Jupiter estate, the upcoming groundbreaking of The Pierce mixed-use project in Boynton Beach, and a historic Palm Beach mansion selling for $43.25 million.======00:00 Introduction00:25 World Cup Fever Fuels South Florida Condo Interest06:22 Celine Dion’s Former $20M Jupiter Estate11:07 ‘The Pierce’ Slated for Summer Groundbreaking in Boynton Beach19:20 Boston CEO buys 98-year-old mansion in Palm Beach for $43M24:48Jack Nicklaus to Transform Shuttered Lake Worth Golf Course30:34 Pebb Proposes 350-Unit Mixed-Use Project in WPB37:32 Sage Intracoastal Residences444:44 The Ocean Ridge Market: FEATURED LISTING (35 Anna St)

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About

South Florida real estate broker Larry Mastropieri, owner of The Mastropieri Group, discusses the latest real estate news in the area alongside co-host John Laws of Discover South Florida. Larry provides local expert insight as a knowledgeable real estate broker. John? He's there too. Together, they try to keep it interesting and fun.

Information

  • Creator
    Larry Mastropieri, real estate broker/owner of The Mastropieri Group
  • Years Active
    2026
  • Episodes
    24
  • Rating
    Clean
  • Copyright
    © Larry Mastropieri, real estate broker/owner of The Mastropieri Group
  • Show Website
    Discover South Florida LIVE