Brazilian Software Executives Purchase $16.5M Fendi Château Unit

Brazilian software executives Laercio Jose de Lucena Cosentino and Marcelo Eduardo Sant'Anna Cosentino have purchased a luxury condominium at the prestigious Fendi Château Residences for $16.5 million, marking the highest residential transaction in South Florida on Monday, April 20, 2026.

The 3,900-square-foot unit at 9349 Collins Avenue in Surfside commanded $4,218 per square foot in the off-market deal. Monte Chateau View LLC, managed by the Brazilian executives, acquired the property from Aquastar Holdings LLC, which Wilson Ferro De Lara manages.

The Fendi Château Residences represents one of South Florida's most exclusive residential addresses, combining the Italian luxury brand's distinctive design aesthetic with oceanfront living in Surfside. The building has attracted international buyers seeking premium real estate in the region's competitive luxury market.

South Florida's commercial sector also recorded significant activity, with The Hertz Corporation completing the day's largest commercial transaction. The rental car company sold a 189,000-square-foot industrial facility at 1950 NE 7th Avenue in Dania Beach for $12.4 million, equivalent to $66 per square foot. Scott Daiagi of Scozak Realty Trust and Lori Tuxbury acquired the property through an LLC structure.

Fort Lauderdale's development pipeline received a boost with the $9.5 million sale of a 24,700-square-foot development site at 808 Southeast 4th Street. Level Realty purchased the property from SE FOURTH LLC, connected to Kirk Roberts. The parcel forms part of Fort Lauderdale's New River Redevelopment master plan, which aims to transform the downtown waterfront area.

North Palm Beach contributed to the day's luxury residential activity with an $11.3 million transaction involving a 7,200-square-foot home at 107 Bowsprit Drive. The John J Tegan Family Trust purchased the waterfront property from Beechfork Agriculture LLC, associated with James Kelly Crum, at $1,567 per square foot.

These transactions reflect South Florida's continued appeal to international investors and domestic buyers seeking premium properties. The region's luxury residential market has maintained strong performance, particularly in oceanfront communities like Surfside, while commercial and development properties attract investors capitalizing on the area's growth trajectory.

The variety of Monday's deals, spanning luxury condominiums, industrial facilities, and development sites, demonstrates the breadth of investment activity across South Florida's diverse real estate sectors.